Finance News Network

News by Lauren Evans

China's economy slumps in April: ASX closes 0.3% higher

16 May 2022 - Australian shares struggled to maintain their early morning rally after China revealed that it had suffered an 11.1 per cent drop in retail sales during April, which …

Cooper Energy (ASX:COE) updates FY22 guidance

16 May 2022 - Cooper Energy (ASX:COE) updated its FY22 guidance following a period of higher east coast Australian gas prices.

Auckland Airport (ASX:AIA) reports on March & April traffic

16 May 2022 - Auckland Airport (ASX:AIA) reported a monthly traffic update for March and April.

Brambles soars on takeover talks, Macquarie falls: ASX up 0.5% at noon

16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…

Stocks of the Hour: Brambles, Chrysos Corp, Boral & Calix

16 May 2022 - A snapshot of the stocks on the move, featuring Brambles (ASX:BXB), Chrysos Corp (ASX:C79), Boral (ASX:BLD) & Calix (ASX:CXL).

Goodman (ASX:GMG) confirms FY22 guidance despite cost pressures

16 May 2022 - Goodman Group (ASX:GMG) confirmed its FY22 guidance despite Covid-19 challenges and global geopolitical tensions.

Brambles (ASX:BXB) confirms takeover talks with CVC Capital

16 May 2022 - Brambles (ASX:BXB) confirmed that it has spoken to private equity group CVC Capital Partners about a potential takeover deal.

Tech stocks lead Friday's rally: ASX down 1.8% over the week

13 May 2022 - The ASX closed lower for a fourth week despite a rally on Friday’s session thanks to information tech. Tech’s gains were much needed after yesterday’s 8.7% dive as in…

Stocks of the Hour: Pro-Pac Packaging, Bigtincan & Neometals

13 May 2022 - A snapshot of the stocks on the move featuring Pro-Pac Packaging (ASX:PPG), Bigtincan (ASX:BTH) & Neometals (ASX:NMT).

Goodman Group (ASX:GMG) appoints new independent director

13 May 2022 - Property giant Goodman Group (ASX:GMG) has appointed New York-based leader Vanessa Liu as an independent director of Goodman, starting June 1.

Bigtincan (ASX:BTH) joins Oracle PartnerNetwork

13 May 2022 - Software company Bigtincan (ASX:BTH) has signed a partnership with Oracle to join the Oracle PartnerNetwork.

Buru Energy (ASX:BRU) names Thomas Nador as Chief Executive Officer

13 May 2022 - Buru Energy (ASX:BRU) has named Thomas Nador as its new chief executive officer, starting no later than September 1.

Pro-Pac Packaging (ASX:PPG) cuts FY22 guidance

13 May 2022 - Pro-Pac Packaging (ASX:PPG) has downgraded its FY22 guidance due to ongoing headwinds, and now expects underlying profit after tax to be around $5 million.

Healthcare leads, NAB drops on ex-div: ASX fights back, closes 0.2% higher

11 May 2022 - After a volatile session, the Australian sharemarket made a comeback in the afternoon and closed in positive territory despite a rough start to the day and week. This…

Coles (ASX:COL) selects RapidID for identity & visa checks

11 May 2022 - ID checking business RapidID is set undertake identity and working rights checks for supermarket giant Coles (ASX:COL).

Tech drags, GrainCorp falls despite profit jump, Magellan names new CEO: ASX down 0.2% at noon

11 May 2022 - The ASX opened lower before easing back some losses at lunchtime despite tech, financials and energy stocks still weighing on the index. This comes after Wall Street …

CSR (ASX:CSR) reports an increase in profit & revenue

11 May 2022 - CSR (ASX:CSR) reported a rise in revenue for the year ending March 31, driven by growth in building products and improved aluminium pricing.

Stocks of the Hour: GrainCorp, Pushpay & Magellan Financial

11 May 2022 - A snapshot of the stocks on the move featuring Graincorp (ASX:GNC), Pushpay (ASX:PPH) & Magellan Financial (ASX:MFG).

Property, tech & materials weigh: ASX closes 1.2% lower

09 May 2022 - The ASX spent Monday's session in negative territory after a decline on Wall Street sent Aussie shares tumbling. The local bourse was weighed down by property, which …

The Star Entertainment (ASX:SGR) suspends rebate programs

09 May 2022 - The Star Entertainment Group (ASX:SGR) has resolved to immediately suspend rebate programs for both domestic and international players across all its casinos until fu…

Viva Energy (ASX:VEA) lifts group volumes by 9%

09 May 2022 - Viva Energy (ASX:VEA) said total group volumes during the March quarter rose 9% from the same period a year ago, driven by strong diesel sales within the commercial b…

TPG Telecom (ASX:TPG) to sell tower assets to OMERS for $950m

09 May 2022 - TPG Telecom (ASX:TPG) is set to sell its mobile tower and rooftop infrastructure to Canadian investor OMERS Infrastructure Management for an enterprise value of $950 …

Stocks of the Hour: Westpac, Magellan Financial & AUB Group

09 May 2022 - A snapshot of the stocks on the move featuring Westpac (ASX:WBC), Magellan Financial (ASX:MFG) & AUB Group (ASX:AUB).

ASX suffers worst day in 2.5 months on recession fears, panic-selling causes 3.2% tumble over week

06 May 2022 - Australian shares had an ugly day as investors sold off on fears that the pace of the interest rate hiking cycle would send the economy into a recession. Investors le…

ASX slaps BrainChip (ASX:BRN) with a 'please explain'

06 May 2022 - Artificial intelligence technology business BrainChip (BRN) has received a query from the ASX around its share price, soaring as high as 9 per cent intra-day in a ses…