Finance News Network - Latest News The latest news from Finance News Network across all categories. https://www.finnewsnetwork.com.au/ en Finance TV Pty Ltd - All Rights Reserved 30 Saturday Sunday Domain to snap up CommercialView 17 Dec 2018 - Domain Holdings (ASX:DHG) is set to acquire digital property listings platform, CommercialView. https://www.finnewsnetwork.com.au/archives/finance_news_network211560.html Sun, 16 Dec 2018 22:10:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211560.html Rio completes sale of Dunkerque aluminium smelter 17 Dec 2018 - Rio Tinto (ASX:RIO) has completed the sale of its aluminIum smelter at Dunkerque in France to Liberty House for $500 million. https://www.finnewsnetwork.com.au/archives/finance_news_network211561.html Sun, 16 Dec 2018 22:10:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211561.html Wall Street hits 8-month low: Aus shares to drop at open 17 Dec 2018 - Australian shares are set to drop at the open after Wall Street fell to an eight-month low on Friday. The falls came on the back of weaker than expected economic data out of China. Rare earths miner, Lynas (ASX:LYC) has hit back at media reports. https://www.finnewsnetwork.com.au/archives/finance_news_network211558.html Sun, 16 Dec 2018 21:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211558.html Glennon Capital Presentation, FNN Fund Manager Event, December 2018, Melbourne 17 Dec 2018 - Glennon Capital, Portfolio Manager, Tim Powditch presents on the small caps segment of the market, the company's investment process, portfolio composition and its performance, at FNN's Fund Manager Event. https://www.finnewsnetwork.com.au/archives/finance_news_network211557.html Sun, 16 Dec 2018 19:50:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network211557.html Glennon Capital talks long-term performance 17 Dec 2018 - Glennon Capital Portfolio Manager Tim Powditch talks about the small caps segment of the market, the company's investment process, portfolio composition and performance. https://www.finnewsnetwork.com.au/archives/finance_news_network211556.html Sun, 16 Dec 2018 19:30:00 GMT Funds Management https://www.finnewsnetwork.com.au/archives/finance_news_network211556.html Takeovers & top 100 entries: Aus shares close 1.1% lower Friday 14 Dec 2018 - Market Wrap. Telcos see selling as analysts surprised by ACCC concerns. Nine Entertainment (ASX:NEC) enters ASX top 100 after merging with Fairfax. Australian Pharmaceutical Industries (ASX:API) buys 13% of Sigma (ASX:SIG) and made a $727m takeover offer for the rival. Yandal Resources (ASX:YRL) lists at 10% profit. https://www.finnewsnetwork.com.au/archives/finance_news_network211555.html Fri, 14 Dec 2018 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211555.html Nine Entertainment see a dip: ASX 0.7% lower at noon 14 Dec 2018 - The ASX has been falling lower through out the morning and is tracking 0.7% lower at noon. Australian Pharmaceutical Industries (ASX:API), saw a rise today after reiterating its desire to merge with Sigma Healthcare. They already hold 12.95 per cent of shares in Sigma. And Wesfarmers (ASX:WES) has strengthened its board. https://www.finnewsnetwork.com.au/archives/finance_news_network211550.html Fri, 14 Dec 2018 01:30:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211550.html Australian Pharmaceutical Industries push to merge with Sigma 14 Dec 2018 - Australian Pharmaceutical Industries (ASX:API) reconfirmed the terms of a non-binding indicative proposal made to Sigma’s Board of Directors back in October to acquire 100 per cent of the shares in Sigma, via a scheme of arrangement. https://www.finnewsnetwork.com.au/archives/finance_news_network211548.html Fri, 14 Dec 2018 00:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211548.html Dexus see $405m uplift across their portfolio 14 Dec 2018 - Real Estate Investment Trust Dexus (ASX:DXS) today announced external independent valuations have resulted in a total estimated $405 million or 3.1 per cent increase on prior book values for the six months to 31 December 2018. https://www.finnewsnetwork.com.au/archives/finance_news_network211549.html Fri, 14 Dec 2018 00:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211549.html GWA in bid to buy Methven 14 Dec 2018 - Household consumer products distribution company GWA (ASX:GWA) has today taken a significant step towards strengthening its water solutions strategy and accelerated growth opportunities with the proposed acquisition of Methven, via a scheme of arrangement. https://www.finnewsnetwork.com.au/archives/finance_news_network211545.html Thu, 13 Dec 2018 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211545.html Midway secures 11% increase for woodchip exports to China 14 Dec 2018 - Australia’s largest wood-fibre processor and exporter, Midway (ASX:MWY) has secured a significant increase in hardwood woodchip export prices from major Chinese customers. https://www.finnewsnetwork.com.au/archives/finance_news_network211547.html Thu, 13 Dec 2018 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211547.html European Central Bank cautious about growth: ASX set to open lower this morning 14 Dec 2018 - The ASX is set to open lower this morning on the back of a mixed performance on Wall Street. Small caps lead declines in the US yesterday, as trade tensions continued to weigh. Utilities were on the rise in the US yesterday but banks didn’t fare so well. Building materials supplier CSR (ASX:CSR) announced today that Rob Sindel will step down as CEO and MD. https://www.finnewsnetwork.com.au/archives/finance_news_network211544.html Thu, 13 Dec 2018 22:20:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211544.html Mitula Group enters scheme of arrangement for LIFULL Co takeover 14 Dec 2018 - Property search engine company the Mitula Group (ASX:MUA) has been suspended from quotation since the close of trade yesterday. https://www.finnewsnetwork.com.au/archives/finance_news_network211542.html Thu, 13 Dec 2018 21:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211542.html Orocobre signs agreements with Toyota Tsusho Corporation 14 Dec 2018 - Lithium producer Orocobre (ASX:ORE) has signed three pivotal agreements with joint venture partner Toyota Tsusho Corporation. https://www.finnewsnetwork.com.au/archives/finance_news_network211543.html Thu, 13 Dec 2018 21:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211543.html Vanguard Investments Australia Presentation, FNN Fund Manager Event, December 2018, Melbourne 14 Dec 2018 - Vanguard Investments Australia, Product Research and Development Manager, Rachel White presents Vanguard’s approach to Environment, Social & Governance (ESG) screening, its funds and why ESG matters, at FNN's Fund Manager Event. https://www.finnewsnetwork.com.au/archives/finance_news_network211541.html Thu, 13 Dec 2018 20:00:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network211541.html Vanguard Investments Australia talks ESG funds 14 Dec 2018 - Vanguard Investments Australia Product Research and Development Manager, Rachel White introduces Vanguard’s approach to Environment, Social & Governance (ESG) screening, its funds and why ESG matters. https://www.finnewsnetwork.com.au/archives/finance_news_network211540.html Thu, 13 Dec 2018 19:50:00 GMT Funds Management https://www.finnewsnetwork.com.au/archives/finance_news_network211540.html Not enough steam, but ASX gains for 3rd day: Aus shares close 0.1% higher 13 Dec 2018 - Market Wrap. Shopping Centres Australasia Property Group (ASX:SCP) distribution rises 6.6%, property valuations up 0.5%. ANZ's (ASX:ANZ) Fred Ohlsson to take an unpaid career break after 17-years. APA (ASX:APA) Group MD and CEO to retire. ACCC raises concerns about potential merger with TPG Telecom (ASX:TPM) and Vodafone Hutchison (ASX:HTA) https://www.finnewsnetwork.com.au/archives/finance_news_network211539.html Thu, 13 Dec 2018 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211539.html TPG shares drop on merger query: ASX 0.3% higher at noon 13 Dec 2018 - The ASX is trading higher at noon - tracking 0.3%. Big banks and miners are helping the rise. ANZ (ASX:ANZ) is up despite Group Executive Fred Ohlsson announcing he is stepping down. And New Zealand energy company Mercury (ASX:MCY) today confirmed that it has entered into an agreement with the Crown. https://www.finnewsnetwork.com.au/archives/finance_news_network211538.html Thu, 13 Dec 2018 01:55:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211538.html APA MD and CEO Mick McCormack to retire 13 Dec 2018 - APA (ASX:APA) Group Chairman Michael Fraser has today announced that long-serving APA CEO and Managing Director Mick McCormack has advised the Board of his intention to retire from the role no later than 31 December 2019. https://www.finnewsnetwork.com.au/archives/finance_news_network211535.html Thu, 13 Dec 2018 00:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211535.html Clean TeQ Holdings signs VPA with local councils 13 Dec 2018 - Clean TeQ Holdings (ASX:CLQ) has today signed a Voluntary Planning Agreement (VPA) with the Shire Councils of Lachlan, Forbes and Parkes. https://www.finnewsnetwork.com.au/archives/finance_news_network211536.html Thu, 13 Dec 2018 00:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211536.html ResApp Health (ASX:RAP) Presentation, FNN Investor Event, November 2018, Sydney 13 Dec 2018 - ResApp Health Limited (ASX:RAP) Managing Director and CEO Tony Keating provides an update on trial results, regulatory approval for the company's respiratory diagnosis and management smartphone app, and the market opportunity at FNN's Investor Event. https://www.finnewsnetwork.com.au/archives/finance_news_network211534.html Wed, 12 Dec 2018 23:50:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network211534.html ResApp Health (ASX:RAP) trials and commercialisation 13 Dec 2018 - ResApp Health Limited (ASX:RAP) Managing Director and CEO Tony Keating provides an update on trial results, regulatory approval for the company's respiratory diagnosis and management smartphone app, and the market opportunity. https://www.finnewsnetwork.com.au/archives/finance_news_network211533.html Wed, 12 Dec 2018 23:40:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network211533.html ANZ Australia Group Executive to step down 13 Dec 2018 - ANZ (ASX:ANZ) today announced Group Executive Australia Fred Ohlsson is stepping down from his current role to take an extended unpaid career-break in his native Sweden after 17-years’ service with ANZ. https://www.finnewsnetwork.com.au/archives/finance_news_network211531.html Wed, 12 Dec 2018 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211531.html ACCC expresses concerns about TPG and Vodafone merger 13 Dec 2018 - The ACCC has expressed preliminary competition concerns about the proposed merger between TPG Telecom (ASX:TPM) and Vodafone Hutchison Australia and its potential impact on Australia’s mobile and broadband markets. https://www.finnewsnetwork.com.au/archives/finance_news_network211532.html Wed, 12 Dec 2018 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211532.html A strong night for global markets: ASX set to open higher 13 Dec 2018 - The ASX is set to open higher this morning. Shares on Wall Street jumped in morning trading, led by tech stocks. European stocks rallied as the British prime Minister defeated a challenge to her leadership. iSignthis (ASX:ISX) subsidiary has gone live on its own integrated and unified neobanking platform. https://www.finnewsnetwork.com.au/archives/finance_news_network211530.html Wed, 12 Dec 2018 22:45:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211530.html Meridian Energy appoints new Chairman 13 Dec 2018 - Meridian Energy (ASX:MEZ) Chair Chris Moller will retire at the Company’s Annual Shareholders’ Meeting in October next year and Meridian’s directors have decided that he should be succeeded as Chair by current director Mark Verbiest. https://www.finnewsnetwork.com.au/archives/finance_news_network211527.html Wed, 12 Dec 2018 21:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211527.html Infigen Energy appoints new independent director 13 Dec 2018 - Infigen Energy (ASX:IFN) has announced that Karen Smith-Pomeroy has been appointed to the Boards of Infigen Energy. https://www.finnewsnetwork.com.au/archives/finance_news_network211528.html Wed, 12 Dec 2018 21:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211528.html VanEck Vectors S&P/ASX MidCap ETF (ASX:MVE) 13 Dec 2018 - VanEck Australia, Vice President, Institutional Business Development, John Caulfield talks about the VanEck Vectors S&P/ASX MidCap ETF (ASX:MVE), the underlying index, risk-return characteristics and the outlook for the mid-cap segment. https://www.finnewsnetwork.com.au/archives/finance_news_network211529.html Wed, 12 Dec 2018 21:00:00 GMT Funds Management https://www.finnewsnetwork.com.au/archives/finance_news_network211529.html CBG Capital (ASX:CBC) Presentation, FNN Fund Manager Event, December 2018, Melbourne 13 Dec 2018 - CBG Capital Limited (ASX:CBC) Chairman, Ronni Chalmers, presents at FNN's Fund Manager Event on its longer-term investment focus, its ability to move more quickly than larger funds, its portfolio performance and largest positions. https://www.finnewsnetwork.com.au/archives/finance_news_network211526.html Wed, 12 Dec 2018 20:45:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network211526.html CBG Capital (ASX:CBC) - local LIC with longer-term investment focus 13 Dec 2018 - CBG Capital Limited (ASX:CBC) Chairman, Ronni Chalmers discusses the company's longer-term investment focus, its ability to move more quickly than larger funds, portfolio performance and largest positions. https://www.finnewsnetwork.com.au/archives/finance_news_network211525.html Wed, 12 Dec 2018 20:30:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network211525.html Information technology sector leads the rally: ASX closed 1.4% higher 12 Dec 2018 - The ASX bounced 1.4% higher, continuing its rally for the second day, but it still wasn’t enough to recoup the losses made on Monday, after the XJO lost 2.3%. Financials and Energy led the larger sectors higher after rising 2 per cent each. The Citadel Group (ASX:CGL) has completed the purchase of the government business, Gruden from IncenitaPay (ASX:INP). https://www.finnewsnetwork.com.au/archives/finance_news_network211524.html Wed, 12 Dec 2018 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211524.html Energy on the rise: ASX 0.6% higher at noon 12 Dec 2018 - The ASX opened higher following mixed leads from Wall Street where gains and losses alternated throughout the trading day yesterday. It is now tracking 0.6 per cent higher at noon. The Energy sector is leading the way and the Telco services sector trailing behind. And the Trade Me (ASX:TME) board has accepted a $2.4 billion bid from Apax after a bidding war. https://www.finnewsnetwork.com.au/archives/finance_news_network211523.html Wed, 12 Dec 2018 01:45:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211523.html My predictions for early 2019 12 Dec 2018 - Fund Manager, Chris Pedersen discusses market activity, market news and predictions for 2019. https://www.finnewsnetwork.com.au/archives/finance_news_network211522.html Wed, 12 Dec 2018 01:00:00 GMT Stock Watch https://www.finnewsnetwork.com.au/archives/finance_news_network211522.html Mayne Pharma receives FDA approval of Tolsura treatment 12 Dec 2018 - Mayne Pharma Group (ASX:MYX) has received FDA approval for its Tolsura treatment. https://www.finnewsnetwork.com.au/archives/finance_news_network211520.html Wed, 12 Dec 2018 00:20:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211520.html Virgin Australia announces board changes 12 Dec 2018 - Virgin Australia (ASX:VAH) has announced changes to its board with the Hon Mark Vaile AO to step down as an Independent non-executive director from today. https://www.finnewsnetwork.com.au/archives/finance_news_network211521.html Wed, 12 Dec 2018 00:20:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211521.html Sonic Healthcare to snap up Aurora Diagnostics USA, launches A$600m placement 12 Dec 2018 - Sonic Healthcare (ASX:SHL) is set to acquire US pathology services company, Aurora Diagnostics for US$540 million. https://www.finnewsnetwork.com.au/archives/finance_news_network211518.html Tue, 11 Dec 2018 23:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211518.html Baby Bunting appoints Gary Kent to Board 12 Dec 2018 - Baby Bunting (ASX:BBN) has announced Gary Kent will join the board as a non-executive director. https://www.finnewsnetwork.com.au/archives/finance_news_network211519.html Tue, 11 Dec 2018 23:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211519.html Monthly economic update with MLC, December 2018 12 Dec 2018 - MLC Senior Economist Bob Cunneen speaks to NAB Asset Management Portfolio Specialist Sinead Rafferty about the partial recovery in global markets during October. https://www.finnewsnetwork.com.au/archives/finance_news_network211517.html Tue, 11 Dec 2018 23:00:00 GMT Funds Management https://www.finnewsnetwork.com.au/archives/finance_news_network211517.html De Grey Mining (ASX:DEG) Presentation, FNN Investor Event, December 2018, Sydney 12 Dec 2018 - De Grey Mining (ASX:DEG) Executive Chairman, Simon Lill talks about the company's Pilbara Gold Project, timelines and strategy at FNN's Investor Event. https://www.finnewsnetwork.com.au/archives/finance_news_network211516.html Tue, 11 Dec 2018 22:50:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network211516.html De Grey Mining (ASX:DEG) advancing Pilbara Gold Project 12 Dec 2018 - De Grey Mining Limited (ASX:DEG) Executive Chairman, Simon Lill talks about the company's Pilbara Gold Project, timelines and strategy. https://www.finnewsnetwork.com.au/archives/finance_news_network211515.html Tue, 11 Dec 2018 22:30:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network211515.html US China trade talks, Trump & Democrats clash: Aus shares to open higher 12 Dec 2018 - Australian shares are set to open higher despite a volatile session on Wall Street overnight. Shares of Sonic Healthcare (ASX:SHL) will be placed into a trading halt, pending the release of an announcement. https://www.finnewsnetwork.com.au/archives/finance_news_network211514.html Tue, 11 Dec 2018 22:10:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211514.html CBA flags compliance costs, appoints new director 12 Dec 2018 - The Comonwealth Bank (ASX:CBA) has appointed Professor Genevieve Bell as an Independent non-executive director to the board. https://www.finnewsnetwork.com.au/archives/finance_news_network211512.html Tue, 11 Dec 2018 21:05:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211512.html Newcrest Mining signs MOU with Papua New Guinea 12 Dec 2018 - Newcrest Mining (ASX:NCM) and its Wafi-Golpu Joint Venture partner, Harmony Gold Mining have signed a MOU with the independent state of Papua New Guinea. https://www.finnewsnetwork.com.au/archives/finance_news_network211513.html Tue, 11 Dec 2018 21:05:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211513.html ASX claws back, CBA sees more remediation costs: Aus shares gain 0.4% 11 Dec 2018 - Market Wrap. The Commonwealth Bank of Australia (ASX:CBA) hit with $100m provision on the back of higher than expected financial crime compliance. QBE (ASX:QBE) announces $130m cost-saving program. Cooper Energy (ASX:COE) continues to rally on Sole gas project test success. https://www.finnewsnetwork.com.au/archives/finance_news_network211511.html Tue, 11 Dec 2018 06:20:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211511.html ASX 2018 wild ride continues: Aus shares 0.1% higher at noon 11 Dec 2018 - Mid session report. Shopping Centres Australasia Property Group (ASX:SCP) downgraded by GS but YOY its shares are up 10%. Charter Hall Retail REIT (ASX:CQR) outperforms its peers, says GS. Stockland (ASX:SGP) in talks to sell Melbourne's The Grove. Cooper Energy (ASX:COE) Sole gas project successfully tested, COE shares up 44% YOY. https://www.finnewsnetwork.com.au/archives/finance_news_network211507.html Tue, 11 Dec 2018 01:40:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network211507.html Charter Hall Long Wale REIT launches retail entitlement offer 11 Dec 2018 - Charter Hall Long Wale REIT (ASX:CLW) has kicked off its retail entitlement offer, which it hopes will raise about $44 million. https://www.finnewsnetwork.com.au/archives/finance_news_network211504.html Tue, 11 Dec 2018 00:35:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211504.html Restaurant Brands to open Taco Bell restaurants in Australia and New Zealand. 11 Dec 2018 - Restaurant Brands (ASX:RBD) has announced plans to open Taco Bell restaurants in Australia and New Zealand. https://www.finnewsnetwork.com.au/archives/finance_news_network211505.html Tue, 11 Dec 2018 00:35:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211505.html CIMIC Group wins Taswater contract 11 Dec 2018 - CIMIC Group (ASX:CIM) companies, UGL and CPB Contractors have been selected by Taswater as the preferred contractors to deliver water and wastewater infrastructure, and, major regional water projects in Tasmania https://www.finnewsnetwork.com.au/archives/finance_news_network211501.html Mon, 10 Dec 2018 23:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211501.html Stockland responds to media reports about sale of Melbourne residential project 11 Dec 2018 - Stockland (ASX:SGP) has responded to media speculation over the sale of its Grove Property in Melbourne to Singaporean developer Frasers. https://www.finnewsnetwork.com.au/archives/finance_news_network211502.html Mon, 10 Dec 2018 23:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network211502.html First Graphene (ASX:FGR) Presentation, FNN Investor Event, December 2018, Sydney 11 Dec 2018 - First Graphene Limited (ASX:FGR) Non-Executive Chairman, Warwick Grigor talks about the company's first commercial scale order for its PureGRAPH range of specialist graphene at FNN's Investor Event. https://www.finnewsnetwork.com.au/archives/finance_news_network211503.html Mon, 10 Dec 2018 23:40:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network211503.html