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 ASX flattens, miners lead, BHP hits record high: Aus shares close flat 26 July 2021 - The Australian share market pulled back from its early gains, to close flat or 0.1 points lower at 7394.3. https://www.finnewsnetwork.com.au/archives/finance_news_network349255.html Mon, 26 Jul 2021 06:55:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349255.html Stocks of the Hour: AMP, a2 Milk, Cromwell Property 26 July 2021 - A snapshot of some of the news that broke today, featuring AMP (ASX:AMP), a2 Milk (ASX:A2M) & Cromwell Property (ASX:CMW). https://www.finnewsnetwork.com.au/archives/finance_news_network349254.html Mon, 26 Jul 2021 05:44:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349254.html Best & Less (ASX:BST) debuts on the ASX 26 Jul 2021 - Best & Less Group (ASX:BST) has listed on the ASX today, following a successful initial public offering that raised $60 million. https://www.finnewsnetwork.com.au/archives/finance_news_network349253.html Mon, 26 Jul 2021 05:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349253.html ASX rises, Best & Less debut: Aus shares 0.2% higher at noon 26 July 2021 - The Australian share market rose at the open, starting the week in positive territory. At noon, the ASX was tracking 0.2 per cent or 15.2 points higher at 7409.6. https://www.finnewsnetwork.com.au/archives/finance_news_network349251.html Mon, 26 Jul 2021 02:48:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349251.html Cromwell (ASX:CMW) appoints Jonathan Callaghan as new CEO 26 Jul 2021 - Real Estate investor and fund manager Cromwell Property Group (ASX:CMW), has announced Jonathan Callaghan as its new Chief Executive Officer (CEO). https://www.finnewsnetwork.com.au/archives/finance_news_network349250.html Mon, 26 Jul 2021 01:05:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349250.html City Chic (ASX:CCX) expands EU plus-size market, acquiring 100% of JPC shares 26 Jul 2021 - City Chic Collective (ASX:CCX) has signed and completed a share purchase agreement to acquire 100 per cent of the shares in JPC United for $9.6 million. https://www.finnewsnetwork.com.au/archives/finance_news_network349249.html Mon, 26 Jul 2021 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349249.html a2 Milk (ASX:A2M) appoints new Chief People and Culture Officer 26 Jul 2021 - The a2 Milk company has announced the appointment of Amanda Hart as Chief People & Culture Officer. https://www.finnewsnetwork.com.au/archives/finance_news_network349246.html Mon, 26 Jul 2021 00:20:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349246.html AMP (ASX:AMP) introduces new advice service model 26 Jul 2021 - The finance company AMP (ASX:AMP) has announced the introduction of a new service model with its aligned advice network. https://www.finnewsnetwork.com.au/archives/finance_news_network349248.html Mon, 26 Jul 2021 00:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349248.html Wall St hits all-time high, Inflation & Fed talks this week, Why Newcrest Mining is a buy: ASX to rise 26 Jul 2021 - U.S shares moved into record territory while European indexes rallied on better than expected earnings results. Tech shares took the spotlight as cyclical stocks lagged. Inflation talks is on the cards as the Fed Reserve is set to start their 2-day talk. Why Citi rates Newcrest (ASX:NCM) as a buy. Best & Less set to debut today. A review of the economic, earnings outlook for the week locally and overseas. https://www.finnewsnetwork.com.au/archives/finance_news_network349247.html Sun, 25 Jul 2021 23:30:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349247.html ASX hits record high on Covid blues: Aus shares gains 0.6% over the week 23 July 2021 - At the closing bell, the ASX was edging 0.1 per cent or 8 points higher at 7,394. Over the week, it gained 0.6 per cent or 46 points https://www.finnewsnetwork.com.au/archives/finance_news_network349243.html Fri, 23 Jul 2021 06:55:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349243.html Stocks of the Hour: Star Entertainment, Myer & Evolution Mining dd Mmm 2021 - A snapshot of some of the news that broke today featuring Star Entertainment (ASX:SGR), Myer (ASX:MYR) & Evolution Mining (ASX:EVN). https://www.finnewsnetwork.com.au/archives/finance_news_network349242.html Fri, 23 Jul 2021 05:07:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349242.html PointsBet (ASX:PBH) launches iGaming in New Jersey 23 July 2021 - PointsBet Holdings (ASX:PBH) has announced that its wholly owned subsidiary PointsBet New Jersey has been authorised to launch its iGaming platform in that state. https://www.finnewsnetwork.com.au/archives/finance_news_network349240.html Fri, 23 Jul 2021 04:37:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349240.html icetana (ASX:ICE) investor update, July 2021 23 Jul 2021 - icetana (ASX:ICE) CEO and Managing Director Matt Macfarlane provides an update on the company. https://www.finnewsnetwork.com.au/archives/finance_news_network349241.html Fri, 23 Jul 2021 04:21:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network349241.html Myer (ASX:MYR) secures VIC distribution centre 23 July 2021 - Australia's largest department store, Myer (ASX:MYR), has announced that it has secured a 10-year lease on a new 40,000 square metre facility in Victoria. https://www.finnewsnetwork.com.au/archives/finance_news_network349239.html Fri, 23 Jul 2021 04:12:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349239.html ASX on track for new daily record, Myer secures VIC distribution centre: Aus shares tracking 0.9% higher at noon 23 July 2021 - The Australian share market dipped at the open, but later recovered, tracking 0.9 per cent or 6.5 points higher at 7392.9. https://www.finnewsnetwork.com.au/archives/finance_news_network349238.html Fri, 23 Jul 2021 02:51:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349238.html Evolution Mining (ASXEVN) completes $400m institutional placement 23 July 2021 - Evolution Mining (ASX:EVN) has has successfully completed a $400 million institutional placement https://www.finnewsnetwork.com.au/archives/finance_news_network349236.html Fri, 23 Jul 2021 02:13:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349236.html Star Entertainment (ASX:SGR) withdraws $10bn Crown merger 23 July 2021 - The Star Entertainment Group (ASX:SGR) has informed Crown Resorts (ASX:CWN) that it has withdrawn its bid to merge the two businesses. https://www.finnewsnetwork.com.au/archives/finance_news_network349235.html Fri, 23 Jul 2021 01:19:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349235.html Pendal (ASX:PDL) completes US acquisition 23 July 2021 - Pendal Group (ASX: PDL) has announced the completion of its acquisition of the investment management company Thompson, Siegel & Walmsley. https://www.finnewsnetwork.com.au/archives/finance_news_network349234.html Fri, 23 Jul 2021 00:37:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349234.html South32 (ASX:S32) finalises energy supply agreement for Hillside Aliminium 23 Jul 2021 - South32 (ASX:S32) has announced that the National energy regulator of South Africa has approved a long-term energy supply agreement. https://www.finnewsnetwork.com.au/archives/finance_news_network349233.html Fri, 23 Jul 2021 00:15:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349233.html Wall St edges higher on spike in jobless claims, Why Zip Co is a sell: ASX to fall 23 Jul 2021 - Across the globe, a rally was broadly seen across major indexes while in the UK, the benchmark fell as Unilever pressured the index. Why UBS rates Zip Co (ASX:Z1P) as a sell following their Q4 results. https://www.finnewsnetwork.com.au/archives/finance_news_network349232.html Thu, 22 Jul 2021 23:15:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349232.html ASX closes at record high fuelled by miners: Aus shares closed 1.1% higher 22 Jul 2021 - The Australian sharemarket clinched a new record high as the local bulls closed the session 1.1 per cent or 78 points higher at 7,386 fuelled by mining giants. https://www.finnewsnetwork.com.au/archives/finance_news_network349230.html Thu, 22 Jul 2021 08:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349230.html Stocks of the Hour: Iluka Resources, Etherstack, Newcrest Mining & Zip Co 22 Jul 2021 - A snapshot of the top news that broke today featuring Iluka Resources (ASX:ILU), Etherstack (ASX:ESK), Newcrest Mining (ASX:NCM) and Zip Co (ASX:Z1P). https://www.finnewsnetwork.com.au/archives/finance_news_network349229.html Thu, 22 Jul 2021 06:39:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349229.html Energy powers ASX, Zip Co tumbles 6%: Aus shares trading 1% higher 22 Jul 2021 - The ASX has continued its winning streak after jumping 1 per cent intraday to its highest climb in over a week led by a solid improvement in the energy and mining space. https://www.finnewsnetwork.com.au/archives/finance_news_network349227.html Thu, 22 Jul 2021 03:23:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349227.html icetana (ASX:ICE) quarterly investor update, July 2021 21 Jul 2021 - icetana (ASX:ICE) CEO and Managing Director Matt Macfarlane provides an update for the June quarter 2021. https://www.finnewsnetwork.com.au/archives/finance_news_network349226.html Thu, 22 Jul 2021 02:20:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network349226.html Newcrest Mining (ASX:NCM) enjoys June quarter buoyed by gold rush 22 Jul 2021 - Australia’s largest gold miner Newcrest Mining (ASX:NCM) saw a bright June quarter after gold output rose 6 per cent at an all-in-sustaining-cost (AISC) of US$797 per ounce, $96 lower compared to the March quarter. https://www.finnewsnetwork.com.au/archives/finance_news_network349225.html Thu, 22 Jul 2021 02:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349225.html Zip Co (ASX:Z1P) Q4 revenue soars while bad debt rises 22 July 2021 - Buy-now-pay-later star, Zip Co (ASX:Z1P) released its forth quarter trading update posting record figures mainly across the board. Despite a 13% jump in revenue from the March quarter, other metrics are letting this fintech company down. https://www.finnewsnetwork.com.au/archives/finance_news_network349228.html Thu, 22 Jul 2021 01:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349228.html Etherstack (ASX:ESK) inks $11.6m Samsung carrier deal 22 Jul 2021 - Wireless technology company Etherstack (ASX:ESK) have inked a $11.6 million deal with Samsung for 5-years. Etherstack Wireless, their subsidiary is set to supply one of Samsung’s clients the infrastructure to be utilized for safety grade solutions. https://www.finnewsnetwork.com.au/archives/finance_news_network349224.html Thu, 22 Jul 2021 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349224.html Iluka Resources (ASX:ILU) 1H sales jumps 89% 22 Jul 2021 - Zircon and titanium player Iluka Resources (ASX:ILU) celebrates a 40% jump in mineral sands production in the Q2 2021. https://www.finnewsnetwork.com.au/archives/finance_news_network349223.html Thu, 22 Jul 2021 00:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349223.html Wall St climbs on earnings, Broker ratings for IAG & Hub24: ASX to rise 22 Jul 2021 - Wall St and across Europe continued its rally as nerves eased on the rising Covid-19 cases. Investors turned their attention to company earnings results which helped boost optimism. A rally was seen in oil prices and in treasury bond yields while Asian markets were mixed. Why is IAG (ASX:IAG) a buy and why Macquarie downgrades Hub24 (ASX:HUB). https://www.finnewsnetwork.com.au/archives/finance_news_network349222.html Wed, 21 Jul 2021 23:30:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349222.html ASX rallies, Health Care leads: Aus shares close 0.8% higher 21 July 2021 - The Australian share market remained in positive territory throughout the day. At the closing bell, the S&P/ASX 200 was 0.8 per cent or 57 points higher at 7,309. https://www.finnewsnetwork.com.au/archives/finance_news_network349220.html Wed, 21 Jul 2021 06:48:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349220.html Stocks of the Hour: Atlas Arteria, Lendlease & South32 21 July 2021 - A snapshot of some of the news that broke today, featuring Atlas Arteria (ASX:ALX) Lendlease (ASX:LLC) & South32 (ASX:S32). https://www.finnewsnetwork.com.au/archives/finance_news_network349219.html Wed, 21 Jul 2021 05:57:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349219.html Aus Strategic Materials (ASX:ASM) signs US$250m deal for Dubbo Project 21 July 2021 - Australian Strategic Materials (ASX:ASM) has entered into a agreement with a consortium of South Korean investors for a subscription price of US$250 million. https://www.finnewsnetwork.com.au/archives/finance_news_network349218.html Wed, 21 Jul 2021 05:52:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349218.html Lendlease (ASX:LLC) divests services arm for $310m 21 July 2021 - Lendlease (ASX:LCC) has announced it has entered into an agreement with Service Stream (ASX:SSM) for the sale of its Services business for $310 million. https://www.finnewsnetwork.com.au/archives/finance_news_network349217.html Wed, 21 Jul 2021 05:04:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349217.html ASX bounces back, Lendlease divests services arm for $310m: ASX tracking 1.2% higher at noon 21 July 2021 - The Australian share market has regained momentum, rising back into positive territory. At noon, the ASX is trading 1.2 per cent or 87 points higher at 7339.2. https://www.finnewsnetwork.com.au/archives/finance_news_network349216.html Wed, 21 Jul 2021 02:53:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349216.html Rio Tinto (ASX:RIO) to assess legacy impacts of the Panguna mine 21 Jul 2021 - Mining giant Rio Tinto (ASX:RIO) and Bougainville community members have reached an agreement to assess legacy impacts of the former Panguna copper mine. https://www.finnewsnetwork.com.au/archives/finance_news_network349215.html Wed, 21 Jul 2021 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349215.html Infratil (ASX:IFT) announces transition of CEO 21 Jul 2021 - Morrison & Co Chairman, Rob Morrison has announced that Marko Bogoievski will be stepping down as Chief Executive at the end of the year. https://www.finnewsnetwork.com.au/archives/finance_news_network349214.html Wed, 21 Jul 2021 01:25:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349214.html Atlas Arteria (ASX:ALX) releases Q2 results 21 July 2021 - Atlas Arteria (ASX:ALX) released their toll revenue and traffic statistics for the June Quarter 2021 (Q2 2021). https://www.finnewsnetwork.com.au/archives/finance_news_network349213.html Wed, 21 Jul 2021 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349213.html South32 (ASX:S32) releases Q2 results 21 Jul 2021 - Mining company South32 (ASX:S32) released their quarterly results for 2021. https://www.finnewsnetwork.com.au/archives/finance_news_network349211.html Wed, 21 Jul 2021 00:15:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349211.html Super Funds, Macquarie Telecom, AUB Group, Wisr 21 Jul 2021 - CEO Chris Pedersen looks at super funds, Macquarie Telecom (ASX:MAQ), AUB Group (ASX:AUB) and Wisr (ASX:WZR). https://www.finnewsnetwork.com.au/archives/finance_news_network349212.html Wed, 21 Jul 2021 00:10:00 GMT Stock Watch https://www.finnewsnetwork.com.au/archives/finance_news_network349212.html Wall St rebounds, Treasury yields bounces after dip in U.S. building permits, Why Stockland is a hold: ASX poised to rise 21 Jul 2021 - Wall St, European and UK indexes staged a comeback after Monday’s profit taking as investors buy the dip. Asian stocks edged lower echoing fears from the U.S on the rising delta variant cases. Why Stockland Group (ASX:SGP) is a neutral. ABS to release June retail trade figures. Three companies set to arrive on the ASX. https://www.finnewsnetwork.com.au/archives/finance_news_network349210.html Tue, 20 Jul 2021 23:20:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349210.html Miners drag, Health Care leads: ASX close 0.5% lower 20 July 2021 - The Australian share market closed in the red despite an improvement earlier today. At the closing bell, the S&P/ASX 200 was 0.5 per cent or 34 points lower at 7,252. https://www.finnewsnetwork.com.au/archives/finance_news_network349207.html Tue, 20 Jul 2021 06:42:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349207.html Stocks of the Hour: Ampol, BHP & IAG 20 July 2021 - A snapshot of some of the news that broke today, featuring Ampol (ASX:ALD), BHP (ASX:BHP) & IAG (ASX:IAG). https://www.finnewsnetwork.com.au/archives/finance_news_network349206.html Tue, 20 Jul 2021 05:18:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349206.html nib (ASX:NHF) appoints Peter Harmer as new director 20 July 2021 - Australia's health insurer nib holdings (ASX:NHF) has announced the appointment of Mr Peter Harmer as an independent non-executive director of the nib board. https://www.finnewsnetwork.com.au/archives/finance_news_network349205.html Tue, 20 Jul 2021 04:42:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349205.html Dexus (ASX:DXS) to fund Atlassian development for $1.4 billion 20 July 2021 - Australian real estate company Dexus (ASX:DXS), has announced it has entered into binding terms to fund, deveop and invest in Atlassian’s new headquarters in Sydney. https://www.finnewsnetwork.com.au/archives/finance_news_network349204.html Tue, 20 Jul 2021 04:22:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349204.html Afterpay (ASX:APT) introduces 'Money by Afterpay' 20 July 2021 - Buy now, pay later (BNPL) provider Afterpay (ASX:APT) has announced key details of its new money and lifestyle app "Money by Afterpay". https://www.finnewsnetwork.com.au/archives/finance_news_network349202.html Tue, 20 Jul 2021 03:08:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349202.html ASX improves, Zip Co jumps 6%, Oil Search rises: Aus shares 0.1% lower at noon 20 July 2021 - The Australian share market has clawed back losses from the open, now trading 0.1 per cent or 7.7 points lower at 7278.3. https://www.finnewsnetwork.com.au/archives/finance_news_network349203.html Tue, 20 Jul 2021 02:54:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network349203.html Ampol (ASX:ALD) releases Q2 2021 update of Lytton 20 Jul 2021 - Petrol and diesel supplier Ampol (ASX:ALD), has provided an update on the performance of the Lytton refinery for Q2 2021. https://www.finnewsnetwork.com.au/archives/finance_news_network349201.html Tue, 20 Jul 2021 01:55:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349201.html Santos (ASX:STO) confirms merger talk with Oil Search 20 Jul 2021 - Santos (ASX:STO), has confirmed that on 25 June 2021 it submitted a confidential, non-binding indicative merger proposal to the Oil Search Board. https://www.finnewsnetwork.com.au/archives/finance_news_network349200.html Tue, 20 Jul 2021 01:00:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349200.html Lovisa (ASX:LOV) shuts stores due to Covid-19 20 Jul 2021 - Lovisa Holdings (ASX:LOV), a fast-fashion retailer in jewellery and accessories, have continued to experience disruptions in trading and temporary store closures. https://www.finnewsnetwork.com.au/archives/finance_news_network349199.html Tue, 20 Jul 2021 00:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349199.html Sydney Airport (ASX:SYD) passenger traffic drops 70.9% 20 Jul 2021 - Sydney Airport (ASX:SYD) has released their traffic performance review for June 2021. https://www.finnewsnetwork.com.au/archives/finance_news_network349198.html Tue, 20 Jul 2021 00:25:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network349198.html