Finance News Network - Latest News The latest news from Finance News Network across all categories. en Finance TV Pty Ltd - All Rights Reserved 30 Saturday Sunday Positive finish: Aus shares close 0.5% higher 22 Sep 2017 - Aus shares close 0.5% higher. After opening strongly the market fell back to trade in a narrow range before picking up momentum in the afternoon, closing just off its highs. The Federal Court of Australia will require Fairfax to seek a vote of shareholders on its planned scheme of arrangement to spin off its real estate classifieds and services business Domain. Fri, 22 Sep 2017 06:50:00 GMT Market Reports Strong start: Aus shares 0.3% higher at noon 22 Sep 2017 - Strong start: Aus shares 0.3% higher at noon. Tabcorp (ASX:TAH) announced it has received all necessary approvals from gambling regulatory authorities for its proposed combination with Tatts (ASX:TTS). The pre-implementation approvals from authorities in various states and territories have been engaged with over the last 10 months, as Tabcorp sought approvals for the merger with Tatts. Fri, 22 Sep 2017 03:30:00 GMT Market Reports Pepper’s South Korean bank affected by new regulations 22 Sep 2017 - Pepper Group (ASX:PEP) has been advised by South Korea’s regulator that its South Korean mutual savings bank, Pepper Savings, is affected by changes to regulations surrounding BIS capital ratios. Fri, 22 Sep 2017 01:45:00 GMT Company News Magnus Resources receives New York government funding 22 Sep 2017 - Magnus Resources (ASX:MNS) has received funding from the New York state government to support its lithium-ion battery giga-factory based in upstate New York. Fri, 22 Sep 2017 01:41:00 GMT Company News Seven West Media and Prime deny media speculation 22 Sep 2017 - Seven West Media (ASX:SWM) has denied it has entered an agreement with Prime Media Group (ASX:PRT), but confirms there was a conceptual proposal received. Fri, 22 Sep 2017 00:53:00 GMT Company News Strike Energy and Orica negotiate new agreement 20 Sep 2017 - Strike Energy (ASX:STX) has announced the execution of a new gas sales agreement with multinational Orica. Fri, 22 Sep 2017 00:53:00 GMT Company News Adslot (ASX:ADJ) talks FY17 results and outlook 22 Sep 2017 - Adslot Limited (ASX:ADJ) CEO Ian Lowe discusses FY17 results, growth in trading and licensing revenues, and long-term contract with the world’s largest media buyer, GroupM. Fri, 22 Sep 2017 00:00:00 GMT Interviews Rio announces $2.5 billion buyback 22 Sep 2017 - Rio Tinto (ASX:RIO) has announced it will buy back an additional $2.5 billion in shares, returning proceeds of the Coal & Allied Industries sale to shareholders. Thu, 21 Sep 2017 23:53:00 GMT Company News Sheffield Resources native title appeal dismissed 22 Sep 2017 - Sheffield Resources Limited (ASX:SFX) has announced the Federal Court has dismissed an appeal related to a decision made by the national native title tribunal earlier in the year. Thu, 21 Sep 2017 23:53:00 GMT Company News Futures are up: Aus shares to open higher 22 Sep 2017 - Futures are up: Aus shares to open higher. Dow hits low, greenback falls, tech stocks retreat. Seven Group Holdings (ASX:SVW) completes $375 million placement in ordinary shares. Thu, 21 Sep 2017 22:27:00 GMT Market Reports Slippery Thursday: Aus shares close 0.94% lower 21 Sep 2017 - Slippery Thursday: Aus shares close 0.94% lower. Murray Goulburn or Murray Goulburn Co-operative (ASX:MGC) says it received a number of confidential non-binding proposals but they range from the sale of certain assets, to the whole of company transactions. However, the company says no offer has been made for the units in MG Unit Trust for $1.20 per unit, contrary to what the media say. Thu, 21 Sep 2017 07:00:00 GMT Market Reports US Fed unwinding flows to ASX: Aus shares 0.8% lower noon 21 Sep 2017 - Markets at Midday: US Fed to hike rates, Aus shares 0.8% lower noon. Materials fall after Iron Ore price drops again. Energy musters up. GPT (ASX:GPT) has raised US$325m and IAG’s (ASX:IAG) CRO retires, plus two successful IPOs et al. Thu, 21 Sep 2017 02:50:00 GMT Market Reports NIB secures $60 million placement 21 Sep 2017 - NIB Holdings (ASX:NHF) has successfully completed a $60 million fully underwritten institutional placement. Thu, 21 Sep 2017 01:44:00 GMT Company News QBE prices US$300m fixed rate senior notes 21 Sep 2017 - QBE (ASX:QBE) has priced US$300 million in fixed rate senior notes due in 2023 to be issued under its medium term note program. Thu, 21 Sep 2017 01:44:00 GMT Company News Sirtex pays ASIC infringement, denies wrongdoing 21 Sep 2017 - Sirtex Medical (ASX:SRX) has complied with an infringement notice issued by ASIC related to an alleged contravention of its trading disclosure obligations. Thu, 21 Sep 2017 00:37:00 GMT Company News Federal Court hands Tatts merger decision to Tribunal 21 Sep 2017 - Following the Federal Court’s judicial review of the proposed merger of Tabcorp (ASX:TAH) and Tatts Group (ASX:TTS), it has remitted the matter back to the Tribunal for further consideration. Thu, 21 Sep 2017 00:37:00 GMT Company News CBA sells life insurance business to AIA Group & reviews of CFSGAM 21 Sep 2017 - Commonwealth Bank (ASX:CBA) announces sale of the Australian and New Zealand arms of its life insurance business, Comminsure Life and Sovereign, to AIA Group for $3.8 billion. Wed, 20 Sep 2017 23:30:00 GMT Company News