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 Back above 5,900: Aus shares close 0.6% higher 24 Apr 2018 - Market Wrap:The ASX200 closed above the 5,900 level for the first time in a month, closing back where we were around 1 November last year. Inflation data misses expectations in Mar Quarter and YOY. Resolute Mining (ASX:RSG) announced its amended guidance of 280 thousand ounces at AISC $1,360 per ounce. As for the March quarter, gold production grew to 67 thousand ounce, slightly better than December quarter while its AISC fell. Tawana Resources (ASX:TAW) and JV project partner, Alliance Mineral Assets (SGX:40F) announced lithium concentrate haulage has commenced from the Bald Hill lithium. Click for more news. https://www.finnewsnetwork.com.au/archives/finance_news_network169303.html Tue, 24 Apr 2018 07:15:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network169303.html Shaking off Wall Street losses: Aus shares 0.4% higher at noon 24 Apr 2018 - The Australian share market open has broken above 5,900 for the first time in a month with the ASX200 rising for the second day this week. The market has really shaken off two days of negative leads from Wall Street. Medicinal cannabis company, AusCann (ASX:AC8) and its majority shareholder, Canopy Growth Corporation are ramping up to become the leading providers of medical cannabis products in Australia. https://www.finnewsnetwork.com.au/archives/finance_news_network169301.html Tue, 24 Apr 2018 02:50:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network169301.html Iluka facing shareholder class action 24 Apr 2018 - Mineral sands company, Iluka Resources (ASX:ILU) has announced its facing a potential shareholder class action. https://www.finnewsnetwork.com.au/archives/finance_news_network169299.html Tue, 24 Apr 2018 01:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169299.html Beach announces revenue boost for March 18 Qtr 24 Apr 2018 - Beach Energy(ASX:BPT) has announced an 89 per cent rise in sales revenue to $393 million for the March 2018 quarter. https://www.finnewsnetwork.com.au/archives/finance_news_network169300.html Tue, 24 Apr 2018 01:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169300.html Boral announces property earning and trading update 24 Apr 2018 - Boral (ASX:BLD) has announced March quarter earnings for Boral North America and Boral Australia were below expectations due to challenging conditions and bad weather. https://www.finnewsnetwork.com.au/archives/finance_news_network169297.html Tue, 24 Apr 2018 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169297.html Fortescue March 2018 Quarterly Production Report 24 Apr 2018 - Fortescue Metals Group (ASX:FMG) has announced iron ore shipments of almost 39 million tones for the March 2018 quarter. https://www.finnewsnetwork.com.au/archives/finance_news_network169298.html Tue, 24 Apr 2018 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169298.html Vocus Group Pulls NZ sale 24 Apr 2018 - Telecommunications company Vocus Group (ASX:VOC) has decided not to sell its New Zealand business (Vocus NZ). https://www.finnewsnetwork.com.au/archives/finance_news_network169295.html Mon, 23 Apr 2018 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169295.html Blackmores snaps up Catalent plant, New ED 24 Apr 2018 - Blackmores (ASX:BKL) has snapped up a Catalent manufacturing facility in Victoria for just over $43 million. https://www.finnewsnetwork.com.au/archives/finance_news_network169296.html Mon, 23 Apr 2018 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169296.html Wall St choppy, aluminium plunges: ASX shares set to open higher 24 Apr 2018 - Australian shares are set to open higher despite a choppy session on Wall Street. Stocks fell on Monday as tech shares tumbled, while investors were also concerned over higher interest rates. Santos (ASX:STO) has inked a deal with joint venture partners to start engineering and design work on a multi-billion dollar gas project at the Barossa field to supply Darwin LNG. https://www.finnewsnetwork.com.au/archives/finance_news_network169294.html Mon, 23 Apr 2018 22:29:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network169294.html Puffing along on mining steam: Aus shares close 0.3% higher 23 Apr 2018 - Market Wrap: ASX shows resilience to US stocks and makes Monday gains, shaking off negative leads. Newcrest Mining (ASX:NCM) gained 2.8% after full production looks set to resume after Cadia Hill open pit was approved for tailings disposal. Myer (ASX:MYR) has announced John King as its new CEO and managing director. ANZ (ASX:ANZ) is expecting $50 million in legal and other costs relating to the Royal Commission for the year ending 30 September. Watch for the full report, covering the latest company news, value of trades, Asian markets. https://www.finnewsnetwork.com.au/archives/finance_news_network169293.html Mon, 23 Apr 2018 07:10:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network169293.html Miners lead on iron ore: Aus shares 0.14% higher at noon 23 Apr 2018 - Market at Midday: Less than half of the sectors are making gains with miners leading after the iron ore price is trading over US$67, with the iron ore futures pointing up over 2 per cent. ANZ (ASX:ANZ) is expecting $50 million in legal and other costs relating to the Royal Commission, for the year ending 30 September 2018. It's also advised of other costs and write downs to watch out for in its upcoming results. Asaleo Care (ASX:AHY) advised its full year EBITDA guidance should sit in the range of $113 million to $119 million, plus it also advised at its AGM it’s planning to retain the current 10 cents dividend in 2018. Click for more. https://www.finnewsnetwork.com.au/archives/finance_news_network169292.html Mon, 23 Apr 2018 02:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network169292.html Xero closes in on my price target 23 Apr 2018 - Fairmont Equities managing director Michael Gable takes a technical look at Xero, Independence Group, Sandfire Resources, Bank of Queensland and Australis Oil & Gas. https://www.finnewsnetwork.com.au/archives/finance_news_network169290.html Mon, 23 Apr 2018 01:47:00 GMT Stock Watch https://www.finnewsnetwork.com.au/archives/finance_news_network169290.html Vista Group appoints Leon Newnham CEO 23 Apr 2018 - Vista Group International (ASX:VGL) has announced that Leon Newnham will take over as CEO of Vista Entertainment. https://www.finnewsnetwork.com.au/archives/finance_news_network169288.html Mon, 23 Apr 2018 01:21:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169288.html Newcrest gets approval to use Cadia open pit 23 Apr 2018 - Newcrest Mining (ASX:NCM) has received approval to use the first 200 metres of the old Cadia Hill open pit as a tailings storage facility. https://www.finnewsnetwork.com.au/archives/finance_news_network169289.html Mon, 23 Apr 2018 01:21:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169289.html Macquarie Atlas Roads announces new CEO 23 Apr 2018 - Macquarie Atlas Roads (ASX:MQA) has announced the appointment of Graeme Bevans as CEO. https://www.finnewsnetwork.com.au/archives/finance_news_network169285.html Mon, 23 Apr 2018 00:39:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169285.html Blue Sky MD quits 23 Apr 2018 - Fund manager, Blue Sky Alternative Investments (ASX:BLA) has announced the resignation of Robert Shand as Managing Director. https://www.finnewsnetwork.com.au/archives/finance_news_network169286.html Mon, 23 Apr 2018 00:39:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169286.html GR Engineering wins contract with Capricorn Metals 23 Apr 2018 - GR Engineering services (ASX:GNG) has announced that it has been appointed preferred contractor by Capricorn Metals (ASX:CMM) for the construction of mineral processing plant for the Karlawinda Gold Project in Western Australia. https://www.finnewsnetwork.com.au/archives/finance_news_network169283.html Sun, 22 Apr 2018 23:25:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network169283.html