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 Banks on the rise: The ASX is 1.1% higher at noon 17 Oct 2018 - The ASX is still trading higher this morning, as major banks saw rises - Commonwealth Bank (ASX:CBA) was leading the way. Australian pot stocks are soaring as Canada is legalising recreational cannabis today. Bellamy's Australia (ASX:BAL) is up as is Blackmores (ASX:BKL). The a2 Milk Company (ASX:A2M) noted its a2Milk brand now has over 10% market share. https://www.finnewsnetwork.com.au/archives/finance_news_network200956.html Wed, 17 Oct 2018 01:48:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network200956.html Market drivers, supermarket sector and a value stock 17 Oct 2018 - Fund Manager, Chris Pedersen talks what's fueling markets, also diving into the supermarket sector and looks at a value stock. https://www.finnewsnetwork.com.au/archives/finance_news_network200955.html Wed, 17 Oct 2018 00:58:00 GMT Stock Watch https://www.finnewsnetwork.com.au/archives/finance_news_network200955.html Tabcorp release details of their AGM 17 Oct 2018 - Tabcorp (ASX:TAH) reported a statutory profit after tax of $28.7 million, impacted by significant items after tax of $217 million, principally associated with the Tatts combination, Sun Bets exit and Luxbet closure. https://www.finnewsnetwork.com.au/archives/finance_news_network200953.html Wed, 17 Oct 2018 00:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200953.html Boral sells US Block business for US$156 million 17 Oct 2018 - Building company Boral (ASX:BLD) today announced that it has agreed to sell its US Block business to Quikrete Holdings, Inc. for US$156 million. https://www.finnewsnetwork.com.au/archives/finance_news_network200954.html Wed, 17 Oct 2018 00:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200954.html Midway raises $3.15 million from SPP 17 Oct 2018 - Woodfibre company Midway (ASX:MWY) closed the offer period of its share purchase plan announced on Friday, 12 October 2018, raising approximately $3.15 million. https://www.finnewsnetwork.com.au/archives/finance_news_network200951.html Tue, 16 Oct 2018 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200951.html Highlands Pacific appoints new director 17 Oct 2018 - Highlands Pacific (ASX:HIG) has appointed Ernie Gangloff as a Non-Executive Director, replacing Bart Philemon, who has retired from the Board. https://www.finnewsnetwork.com.au/archives/finance_news_network200952.html Tue, 16 Oct 2018 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200952.html BHP sees iron ore output lift 8% 17 Oct 2018 - BHP (ASX:BHP) saw its first quarter iron ore production rise eight per cent on the prior corresponding period. https://www.finnewsnetwork.com.au/archives/finance_news_network200949.html Tue, 16 Oct 2018 22:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200949.html BlueScope acquires an interest in Steel & Tube Holdings 17 Oct 2018 - BlueScope Steel (ASX:BSL) today announced that its wholly owned subsidiary New Zealand Steel has acquired approximately 15.8 per cent of the shares in Steel & Tube Holdings. https://www.finnewsnetwork.com.au/archives/finance_news_network200950.html Tue, 16 Oct 2018 22:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200950.html US stocks rally: ASX set to open higher 17 Oct 2018 - The climb continues as Australian shares are set to see a rise this morning after a rally in Europe and Wall Street overnight. Technology stocks extended. Stocks in Hong Kong rose after a few days of losses. 1300SMILES (ASX:ONT) has partnered with YWAM to provide Dental Training. https://www.finnewsnetwork.com.au/archives/finance_news_network200948.html Tue, 16 Oct 2018 21:30:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network200948.html Oventus Medical (ASX:OVN) Presentation, FNN Investor Event, October 2018, Sydney 17 Oct 2018 - Oventus Medical Limited (ASX:OVN) founder, Managing Director and CEO, Dr Chris Hart discusses the company's sales push into the US, new product development and changes in the treatment of sleep apnoea. https://www.finnewsnetwork.com.au/archives/finance_news_network200947.html Tue, 16 Oct 2018 19:55:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network200947.html Oventus Medical's (ASX:OVN) entry into the US 17 Oct 2018 - Oventus Medical Limited (ASX:OVN) founder, Managing Director and CEO, Dr Chris Hart discusses the company's sales push into the US, new product development and changes in the treatment of sleep apnoea. https://www.finnewsnetwork.com.au/archives/finance_news_network200946.html Tue, 16 Oct 2018 19:30:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network200946.html Clawing back ground: Aus shares close 0.6% higher 16 Oct 2018 - Market wrap. ASX200 rises 0.6% Aristocrat Leisure (ASX:ALL) up 4%, Saracen Minerals (ASX:SAR) 5%. National Australia Bank (ASX:NAB) $314m dent in its profit but Citi marks stock as a buy with price target of $32.25. Propertylink Group's (ASX:PLG) sweetened $723 million takeover from ESR. EHL (ASX:EHL) rallies 4.6%. https://www.finnewsnetwork.com.au/archives/finance_news_network200945.html Tue, 16 Oct 2018 06:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network200945.html Race Oncology (ASX:RAC) leukemia drug candidate presentation, FNN Investor Event, October 2018, Sydney 16 Oct 2018 - Race Oncology (ASX:RAC) CEO Peter Molloy presents its Investigational New Drug (IND) Application with the U.S. FDA for its leukemia drug candidate, Bisantrene. https://www.finnewsnetwork.com.au/archives/finance_news_network200941.html Tue, 16 Oct 2018 03:00:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network200941.html Clawing back: Aus shares 0.5% higher at noon 16 Oct 2018 - Market at Midday. Clawing back from yesterday's 1% slide with miners leading rally after lead & gold muster up. cannabis stocks rally, AusCann (ASX:AC8) 3% higher ahead of Canada's legalisation decision. Propertylink Group (ASX:PLG) received beefed up $723m takeover offer. Emeco Holdings (ASX:EHL) upgraded by GS and rallies 4.6% https://www.finnewsnetwork.com.au/archives/finance_news_network200940.html Tue, 16 Oct 2018 01:00:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network200940.html Caltex CFO to retire 16 Oct 2018 - Caltex Australia (ASX:CTX) has today announced the retirement of Simon Hepworth as Chief Financial Officer of Caltex. https://www.finnewsnetwork.com.au/archives/finance_news_network200937.html Tue, 16 Oct 2018 00:35:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200937.html Orora see 12% rise in NPAT 16 Oct 2018 - Packaging company Orora (ASX:ORA) released their figures for financial year 2018 – Net profit after tax was 12 per cent higher at $208.6 million. https://www.finnewsnetwork.com.au/archives/finance_news_network200938.html Tue, 16 Oct 2018 00:35:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network200938.html Race Oncology (ASX:RAC) leukemia drug candidate update 16 Oct 2018 - Race Oncology (ASX:RAC) CEO, Peter Molloy talks about its Investigational New Drug (IND) Application with the U.S. FDA for its leukemia drug candidate Bisantrene. https://www.finnewsnetwork.com.au/archives/finance_news_network200939.html Tue, 16 Oct 2018 00:30:00 GMT Interviews https://www.finnewsnetwork.com.au/archives/finance_news_network200939.html