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 SeaLink (ASX:SLK) extends contracts: Aus shares close 1.7% down 3 Apr 2020 - The Australian share market had a positive start to the session before trading flat at noon then falling sharply in the second half of trade erasing the days gains to finish 1.7 per cent down. https://www.finnewsnetwork.com.au/archives/finance_news_network275650.html Fri, 03 Apr 2020 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275650.html Australian retail rises 0.5 per cent: Aus shares flat at 0.04% at noon 03 Apr 2020 - The Australian share market opened higher this morning following strong leads from the Energy sector and is now trading flat at 0.04 per cent. Hansen Technologies (ASX:HSN) withdraws guidance. https://www.finnewsnetwork.com.au/archives/finance_news_network275647.html Fri, 03 Apr 2020 02:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275647.html Treasury Wine Estates (ASX:TWE) acknowledges class action 03 Apr 2020 - Treasury Wine Estates (ASX:TWE) has been served with a group proceeding filed against them in the Supreme Court of Victoria. https://www.finnewsnetwork.com.au/archives/finance_news_network275644.html Thu, 02 Apr 2020 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275644.html NEXTDC (ASX:NXT) complete $627 million placement 03 Apr 2020 - NEXTDC (ASX:NXT) has successfully completed an institutional placement, raising approximately $672 million through the issue of 86.1 million new shares. https://www.finnewsnetwork.com.au/archives/finance_news_network275645.html Thu, 02 Apr 2020 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275645.html Over 10 million file for unemployment benefits in the US: ASX poised to open higher 03 Apr 2020 - After a rally from US markets, the ASX looks set to open higher. It’s been a rollercoaster of a week as investors monitor the COVID-19 crisis. Over one million people across the world have been infected, with over 51,000 losing their lives. The US now has the most recorded cases. Over 10-million Americans have filed for unemployment benefits since mid-March. SkyCity Entertainment Group (ASX:SKC) will immediately cut around 200 jobs in New Zealand, after standing down 90% of its workforce in Australia in Adelaide in an attempts to reduce costs. https://www.finnewsnetwork.com.au/archives/finance_news_network275643.html Thu, 02 Apr 2020 21:50:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275643.html Falls in Financials lead market lower: ASX closes 2% lower 02 Apr 2020 - The ASX dropped at the open and failed to recover closing 2% lower. Shares in Avita Medical (ASX:AVH) are down - they are a regenerative medicine company looking after medical needs in burns, chronic wounds with therapeutic skin restoration. Webjet (ASX:WEB) shares fell over 26%. Mayne Pharma (ASX:MYX) shares also dropped. Retail Food Group (ASX:RFG) today announced that it had taken a number of actions to the rapidly deteriorating trading conditions experienced by a large proportion of its domestic franchise network, to slow the spread of COVID-19. https://www.finnewsnetwork.com.au/archives/finance_news_network275642.html Thu, 02 Apr 2020 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275642.html Job vacancies down in the year to Feb, before COVID-19: ASX tracking 2.9% lower at noon 02 Apr 2020 - The ASX dropped at the open and is now tracking 2.9% lower at noon. Webjet (ASX:WEB) successfully completed their $115 million institutional placement today. Shares in IDP Education (ASX:IEL) also rose. Shares in Harvey Norman Holdings (ASX:HVN) declined. All the sectors are in the red with Financials losing 5.2 per cent. Atlas Arteria (ASX:ALX) is pleased to announce that APRR has successfully priced €500 million of bonds under its Euro Medium Term Note Programme. https://www.finnewsnetwork.com.au/archives/finance_news_network275641.html Thu, 02 Apr 2020 01:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275641.html Rural Funds Management has been awarded damages over a Bonitas short sell report 02 Apr 2020 - Rural Funds Management as responsible entity for the Rural Funds Group (ASX:RFF) has been awarded damages over a Bonitas short sell report. https://www.finnewsnetwork.com.au/archives/finance_news_network275639.html Thu, 02 Apr 2020 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275639.html Webjet (ASX:WEB) bosts equity raising 02 Apr 2020 - Webjet (ASX:WEB) has successfully completed its $115 million institutional placement and the institutional component of its 1 for 1 accelerated nonrenounceable pro-rata entitlement offer. https://www.finnewsnetwork.com.au/archives/finance_news_network275640.html Thu, 02 Apr 2020 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275640.html Westpac (ASX:WBC) appoint a new CEO 02 Apr 2020 - Westpac (ASX:WBC) Chairman John McFarlane today announced the appointment of Peter King as Chief Executive Officer. https://www.finnewsnetwork.com.au/archives/finance_news_network275637.html Wed, 01 Apr 2020 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275637.html Whitehaven Coal (ASX:WHC) hire a new Executive General Manager for Operations 02 Apr 2020 - Whitehaven Coal (ASX:WHC) is pleased to announce the appointment of Ian Humphris as Executive General Manager – Operations, effective from Monday, succeeding Quentin Granger, who has held the role on an interim basis since December 2019. https://www.finnewsnetwork.com.au/archives/finance_news_network275638.html Wed, 01 Apr 2020 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275638.html COVID-19 death toll climbs to over 4,000 in the US: ASX poised to open lower 02 Apr 2020 - Following a slump on US markets, the ASX looks set to open lower. The US death toll rose to over 4,000. The Dow tumbled to near 1000 points. White House officials estimate that the COVID-19 outbreak will kill between 100,000 and 240,000 Americans this year, even with social distancing, business closures and other mitigation efforts. Spark Finance (ASX:SPK) has established two new committed revolving bank facilities. https://www.finnewsnetwork.com.au/archives/finance_news_network275636.html Wed, 01 Apr 2020 22:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275636.html Market enters April on a high: ASX closes 3.6% higher 01 Apr 2020 - The ASX has closed at a two week high closing 3.6% higher. Shares in Mayne Pharma (ASX:MYX) soared and SkyCity Entertainment (ASX:AKC) shares rose as did AP Eagers (ASX:APE). Synlait Milk (ASX:SM1) completed the purchase of Dairyworks today. https://www.finnewsnetwork.com.au/archives/finance_news_network275635.html Wed, 01 Apr 2020 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275635.html Lithium Consolidated (ASX:LI3) portfolio update and drill program 26 Mar 2020 - Lithium Consolidated Mineral Exploration Limited (ASX:LI3) Managing Director Andrew Haythorpe provides an update on the company's new WA projects prospective for gold, nickel and base metals, board changes and plans to improve the company’s prospects. https://www.finnewsnetwork.com.au/archives/finance_news_network275633.html Wed, 01 Apr 2020 03:00:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network275633.html Building approvals soar in February: ASX tracking 3% higher at noon 01 Apr 2020 - The ASX shot up at the open and is now tracking 3% higher at noon. Shares in Oil Search (ASX:OSH) and Worley Parsons (ASX:WOR) are doing well today. Yesterday Worley announced Chevron had extended one of their contracts by two years. Jumbo (ASX:JIN) shares are on the decline despite reporting today that they expect higher customer engagement. And National Veterinary Care (ASX:NVL) now wholly-owns The Fitzroy Clinic. https://www.finnewsnetwork.com.au/archives/finance_news_network275632.html Wed, 01 Apr 2020 01:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275632.html Monash IVF Group (ASX:MVF) dividend deferred as operations delayed 1 Apr 2020 - Monash IVF Group (ASX:MVF) reports that the temporar suspension of all nonurgent elective surgery will significantly impact the Company’s fertility activity. https://www.finnewsnetwork.com.au/archives/finance_news_network275629.html Wed, 01 Apr 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275629.html GrainCorp (ASX:GNC) demerger of United Malt Group commenced 1 Apr 2020 - GrainCorp (ASX:GNC) is pleased to announce that the demerger of United Malt Group was implemented today and shares in United Malt have been transferred to Eligible GrainCorp Shareholders. https://www.finnewsnetwork.com.au/archives/finance_news_network275630.html Wed, 01 Apr 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275630.html Brickworks (ASX:BKW) to reopen brick plants in Pennslyvania 01 04 2020 - Brickworks (ASX:BKW) has been advised that it may re-open their brick plants in Pennsylvania. https://www.finnewsnetwork.com.au/archives/finance_news_network275627.html Tue, 31 Mar 2020 23:15:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275627.html Jumbo Interactive (ASX:JIN) expects higher customer engagement 01 Apr 2020 - Lottery game seller Jumbo Interactive (ASX:JIN) says improved customer engagement is expected to deliver higher TTV and Revenue during a period of lower jackpots. https://www.finnewsnetwork.com.au/archives/finance_news_network275628.html Tue, 31 Mar 2020 23:15:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275628.html A look at sectors 01 Apr 2020 - Fund Manager Chris Pedersen takes a technical look at sectors, discussing which stocks represent opportunities to buy and which ones to avoid. https://www.finnewsnetwork.com.au/archives/finance_news_network275631.html Tue, 31 Mar 2020 23:00:00 GMT Stock Watch https://www.finnewsnetwork.com.au/archives/finance_news_network275631.html Lithium Consolidated (ASX:LI3) Presentation, FNN Investor Event, March 2020, Sydney 01 Apr 2020 - Lithium Consolidated Limited (ASX:LI3) Managing Director Andrew Haythorpe presents on the company's new WA projects prospective for gold, nickel and base metals, board changes and plans to improve the company’s prospects at FNN's Investor Event. https://www.finnewsnetwork.com.au/archives/finance_news_network275634.html Tue, 31 Mar 2020 23:00:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network275634.html The US could see a second $US2trn stimulus package: ASX set to open higher 01 Apr 2020 - The ASX looks set to open higher as US stocks fluctuated between gains and losses yesterday as global cases of coronavirus continue to rise. In the US, Trump has called for a second $US2 trillion stimulus package. And Meridian Energy (ASX:MEZ) has confirmed that Rio Tinto has not yet provided any update on the Strategic Review of the Tiwai Point Aluminium Smelter they own. https://www.finnewsnetwork.com.au/archives/finance_news_network275626.html Tue, 31 Mar 2020 21:50:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275626.html St Barbara (ASX:SBM) continues operations: Aus shares close 2% lower 31 Mar 2020 - The Australian share market had a positive start to the session, up almost 3 per cent at noon, then fell sharply in the second half of trade erasing the days gain to finish 2 per cent down. https://www.finnewsnetwork.com.au/archives/finance_news_network275625.html Tue, 31 Mar 2020 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275625.html Virgin Australia (ASX:VAH) enters trading halt: Aus shares 2.8% higher at noon 31 Mar 2020 - The Australian share market opened higher again this morning and is now trading 2.8 per cent higher. Virgin Australia (ASX:VAH) has gone into a trading halt as it seeks financial support from the Federal Government. https://www.finnewsnetwork.com.au/archives/finance_news_network275624.html Tue, 31 Mar 2020 01:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275624.html Worley (ASX:WOR) wins two-year contract extension from Chevron 31 Mar 2020 - Worley (ASX:WOR) has been awarded an extension to an existing services contract with Chevron Australia. https://www.finnewsnetwork.com.au/archives/finance_news_network275622.html Tue, 31 Mar 2020 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275622.html G8 Education (ASX:GEM) postpones dividend until October 31 Mar 2020 - G8 Education (ASX:GEM) has postponed the payment of its fully franked final dividend until the end of October. https://www.finnewsnetwork.com.au/archives/finance_news_network275623.html Tue, 31 Mar 2020 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275623.html Wesfarmers (ASX:WES) to sell 5.2% of issued capital in Coles 31 Mar 2020 - Wesfarmers (ASX:WES) today announced that trades have been executed for the sale of 5.2 per cent of the issued capital in Coles Group (ASX:COL) for $1.06 billion. https://www.finnewsnetwork.com.au/archives/finance_news_network275620.html Tue, 31 Mar 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275620.html Lynas Corporation (ASX:LYC) has operations in Malaysia postponed for an extended period 31 Mar 2020 - Rare earths producer Lynas Corporation (ASX:LYC) is continuously assessing the effects of the shutdown of their Malaysia plant on the essential supply chains to which they contribute after an closure extension ordered by the government to help to help reduce the spread of COVD-19. https://www.finnewsnetwork.com.au/archives/finance_news_network275621.html Tue, 31 Mar 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275621.html BluGlass (ASX:BLG) non-renounceable rights issue 31 Mar 2020 - BluGlass Limited (ASX:BLG) Managing Director and CEO,Giles Bourne, talks about the company's 1:1 non-renounceable rights issue, the need to fund its technology through to commercialisation, independent validation of its RPCVD technology and its response to COVID-19. https://www.finnewsnetwork.com.au/archives/finance_news_network275619.html Mon, 30 Mar 2020 23:00:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network275619.html Oil crashes to an 18-year low: ASX poised to open higher 31 Mar 2020 - We saw a surge on the markets yesterday closing 7% higher – this movement is expected to continue with the ASX expected to open higher this morning. European governments moved to tighten restrictions to contain the coronavirus outbreak with an unrelenting rise in infections and deaths. Air New Zealand (ASX:AIZ) will begin reducing its workforce from this week as the severe economic impact of COVID-19 hits the airline. https://www.finnewsnetwork.com.au/archives/finance_news_network275616.html Mon, 30 Mar 2020 22:30:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275616.html Cynata Therapeutics (ASX:CYP) 1H20 results & outlook 31 Mar 2020 - Cynata Therapeutics Limited (ASX:CYP) Managing Director, Dr Ross MacDonald, talks 1H20 results, upcoming Phase 2 clinical trials, licensing and strategy to build the company's Cymerus cell therapy platform. https://www.finnewsnetwork.com.au/archives/finance_news_network275617.html Mon, 30 Mar 2020 22:00:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network275617.html Cynata Therapeutics (ASX:CYP) Presentation, FNN Investor Event, March 2020, Sydney 31 Mar 2020 - Cynata Therapeutics Limited (ASX:CYP) Managing Director Dr Ross MacDonald presents on 1H20 results, upcoming Phase 2 clinical trials, licensing and strategy to build the company's Cymerus cell therapy platform at FNN's Investor Event. https://www.finnewsnetwork.com.au/archives/finance_news_network275618.html Mon, 30 Mar 2020 13:00:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network275618.html A great session on the markets jumping up in afternoon trade: ASX closed 7 per cent higher 30 Mar 2020 - It has been a mostly positive day of trade for the ASX after managing to gain momentum the local bourse managed to close 7% higher. Mayne Pharma (ASX:MYX) shares saw a rise today. Cyclopharm, (ASX:CYC) through its subsidary Cyclomedica Australia, has lodged its New Drug Application (NDA) for Technegas, a nuclear medicine functional lung ventilation imaging agent, with the United States Food and Drug Administration (USFDA). https://www.finnewsnetwork.com.au/archives/finance_news_network275615.html Mon, 30 Mar 2020 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275615.html Protective gear helps Ansell (ASX:ANN) shares rise: ASX tracking 1.4% higher at noon 30 Mar 2020 - The ASX rose at the open then after a shaky start rose up to be now tracking 1.4% higher at noon. Ansell (ASX:ANN) shares performed well today after they affirmed their guidance as demand jumps for protective wear. Declines were seen in Virgin Money UK (ASX:VUK) and Abacus Property (ASX:ABP). Webjet (ASX:WEB) says work on its proposed capital raising is still ongoing. https://www.finnewsnetwork.com.au/archives/finance_news_network275613.html Mon, 30 Mar 2020 01:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275613.html Speedcast International (ASX:SDA) hit by COVID-19 impact on cruising 30 Mar 2020 - Speedcast International (ASX:SDA) has reported an NPAT loss of US$460 million for 2019 including US$4143.8 million of non-cash impairment charges and write-downs. https://www.finnewsnetwork.com.au/archives/finance_news_network275611.html Mon, 30 Mar 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275611.html Fortescue Metals Group Ltd (ASX:FMG) Port Hedland shipments continue 30 Mar 2020 - Fortescue Metals Group Ltd (ASX:FMG) shipments continue from Port Hedland as scheduled with mining, processing and shipping activity remaining in line with our guidance for FY20. https://www.finnewsnetwork.com.au/archives/finance_news_network275612.html Mon, 30 Mar 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275612.html Yancoal (ASX:YAL) to acquire additional 10% stake in Moolarben 30 Mar 2020 - Yancoal’s (ASX:YAL) wholly owned subsidiary, Yancoal Moolarben has entered into a binding agreement to buy a 10 per cent stake in the Moolarben Coal Joint Venture - currently owned by Sojitz Corporation. https://www.finnewsnetwork.com.au/archives/finance_news_network275608.html Sun, 29 Mar 2020 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275608.html Energy Resources of Australia (ASX:ERA) restrict access to mine to protect indigenous communities in NT 30 Mar 2020 - Energy Resources of Australia (ASX:ERA) has brought in a broad program of measures to protect vulnerable Australians in indigenous communities from the spread of coronavirus (COVID-19). https://www.finnewsnetwork.com.au/archives/finance_news_network275609.html Sun, 29 Mar 2020 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275609.html IMF head says global economy has entered recession: ASX poised to open lower 30 Mar 2020 - We can expect the sharemarket to start the week lower this morning after Wall Street fell in Friday’s session and the death toll from the coronavirus continues to rise globally. The head of the International Monetary Fund Kristalina Georgieva says the global economy has now entered a recession. She said there could be a sizable rebound in 2021 but only if nations succeed in containing the coronavirus and limiting the economic damage. Summerset Group Holdings (ASX:SNZ) says all their aged care villages are operating under the level 4 self-isolation requirements as New Zealand brought the alert in response to COVID-19. https://www.finnewsnetwork.com.au/archives/finance_news_network275605.html Sun, 29 Mar 2020 22:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275605.html XTEK (ASX:XTE) 1H20 results and outlook 30 Mar 2020 - XTEK Limited (ASX:XTE) Managing Director Philippe Odouard talks 1H20 results, the company's front-line products for the Australian Defence Force and police forces, US strategy and outlook. https://www.finnewsnetwork.com.au/archives/finance_news_network275606.html Sun, 29 Mar 2020 22:00:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network275606.html XTEK (ASX:XTE) Presentation, FNN Investor Event, March 2020, Sydney 30 Mar 2020 - XTEK Limited (ASX:XTE) Managing Director Philippe Odouard presents on 1H20 results, the company's front-line products for the Australian Defence Force and police forces, US strategy and outlook at FNN's Investor Event. https://www.finnewsnetwork.com.au/archives/finance_news_network275607.html Sun, 29 Mar 2020 13:00:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network275607.html Global rescue plan to fight coronavirus fails to boost markets: ASX closed 5.3% lower 27 Mar 2020 - After a promising start, the ASX took a dip around midday trading and failed to gain momentum bourse closing 5.3% lower. Wisetech Global (ASX:WTC) shares rose today as did Clinuvel (ASX:CUV). Declines were seen with oOh!Media (ASX:OML) and Credit Corp (ASX:CCP). As for the sectors they all closed in negative territory today with Utilities losing the least and Real Estate Investment Trust fell lower. https://www.finnewsnetwork.com.au/archives/finance_news_network275604.html Fri, 27 Mar 2020 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275604.html BrainChip Holdings (ASX:BRN) Scheduled Market Update Presentation, March 2020 27 Mar 2020 - BrainChip Holdings Limited (ASX:BRN) CEO Louis DiNardo, Founder and CTO Peter van der Made, and Founder and CDO Anil Mankar provide an update on the company. https://www.finnewsnetwork.com.au/archives/finance_news_network275603.html Fri, 27 Mar 2020 05:00:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network275603.html Afterpay (ASX:APT) shares on the rise as they weather the storm: ASX tracking 0.5% lower 27 Mar 2020 - The ASX shot up at the open but took a downward turn in late morning trade and is now tracking 0.5% lower at noon. Shares in Afterpay Touch (ASX:APT) are rising today after a bit of a rollercoaster. Co-Founder and CEO Anthony Eisen insists the company has enough cash to weather the storm, while business activities are yet to be impacted by COVDID-19. The Decmil Group (ASX:DCG) released delayed results today to fully understand the impact of the termination of a contract with the New Zealand Department of Corrections. https://www.finnewsnetwork.com.au/archives/finance_news_network275602.html Fri, 27 Mar 2020 01:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275602.html Adairs (ASX:ADH) to close stores temporarily 27 Mar 2020 - Adairs (ASX:ADH) will temporarily close all of its Australian stores from close of trade on Sunday 29 March 2020. https://www.finnewsnetwork.com.au/archives/finance_news_network275600.html Fri, 27 Mar 2020 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275600.html Incitec Pivot (ASX:IPL) to put development of Queensland Gas tenement 27 Mar 2020 - Incitec Pivot (ASX:IPL) today announced that the 50/50 joint venture project concerning the coal seam gas acreage (ATP 2031) in Queensland’s Surat Basin has been temporarily paused at the request of its partner Central Petroleum (ASX:CTP). https://www.finnewsnetwork.com.au/archives/finance_news_network275601.html Fri, 27 Mar 2020 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275601.html Syrah Resources (ASX:SYR) suspend production at Balama Graphite Operation 27 Mar 2020 - Syrah Resources (ASX:SYR) says The Government of Mozambique has enacted additional measures in relation to the management of COVID-19, including suspension of all inbound travel visa operations and mandating 14-day selfquarantine for all international arrivals. https://www.finnewsnetwork.com.au/archives/finance_news_network275598.html Fri, 27 Mar 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275598.html Jupiter Mines (ASX:JMS) confirms 21 day lockdown in South Africa has started 27 Mar 2020 - Jupiter Mines (ASX:JMS) confirms that the 21 day lockdown in South Africa started yesterday. https://www.finnewsnetwork.com.au/archives/finance_news_network275599.html Fri, 27 Mar 2020 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network275599.html 90% of Australian businesses set to be impacted by COVID-19: ASX set to open higher 27 Mar 2020 - Positive leads from US markets mean we are set to see the ASX open higher this morning. All three major benchmarks on Wall Street closed sharply higher yesterday ignoring the US jobless claims surging to more than 3 million in the latest week. Westgold Resources (ASX:WGX) says all of their process plants are operating at full capacity, thanks to the multitude of ore sources Westgold has in the Murchison region. https://www.finnewsnetwork.com.au/archives/finance_news_network275597.html Thu, 26 Mar 2020 22:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275597.html US Senate passes the $US2 trillion stimulus package: ASX closes 2.3% higher 26 Mar 2020 - It has been a positive day of trade for the ASX the local bourse managed to close 2.3% higher. Shares in Northern Star Resources are down over 15% today after they estimated disruptions will result in March quarter production being 10-15% lower than expected. oOh! Media (ASX:OML) are set to raise $167 million via a fully-underwritten equity raising. https://www.finnewsnetwork.com.au/archives/finance_news_network275594.html Thu, 26 Mar 2020 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network275594.html