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 Property sector on ASX at new decade high: Aus shares close 0.11% lower 25 Jun 2019 - The Australian share market shaves off half of yesterday’s gains with Utilities remaining under water. Property sector/REITs hits new decade high. Magellan (ASX:MFG) renews fund admin service agreement with Mainstream (ASX:MAI). Sandfire Resources (ASX:SFR) to takeover MOD Resources (ASX:MOD) for $167m. Aus Govt extends Helloworld (ASX:HLO) travel services for entire Govt for 2 years. IAG (ASX:IAG) in talks to potentially sell 26% of SBI General Ins. https://www.finnewsnetwork.com.au/archives/finance_news_network233258.html Tue, 25 Jun 2019 06:55:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233258.html Metcash extends losses: ASX 0.2% higher at noon 25 Jun 2019 - The ASX opened lower following weak leads from Wall Street and is now tracking 0.2% higher at noon. The rebound saw rises in Saracen Mineral Holdings (ASX:SAR), and St Barbara (ASX:SBM). Meanwhile Nearmap (ASX:NEA), dropped almost 6 per cent. Metcash shares have extended their losses from yesterday after several broker downgrades. Copper miner Sandfire Resources (ASX:SFR) is to acquire MOD Resources (ASX:MOD). https://www.finnewsnetwork.com.au/archives/finance_news_network233254.html Tue, 25 Jun 2019 02:50:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233254.html Spotless Group Holdings applies for ASX delisting 25 Jun 2019 - Spotless Group Holdings (ASX:SPO) has today submitted a formal application for the removal of Spotless from the Australian Securities Exchange (ASX) official list. https://www.finnewsnetwork.com.au/archives/finance_news_network233250.html Tue, 25 Jun 2019 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233250.html IAG discusses possible sale of stake in Indian insurer SBIG 25 Jun 2019 - IAG (ASX:IAG) notes speculation regarding IAG’s 26 per cent interest in SBI General Insurance Company and says as advised at its 1H19 results back in February, that IAG continues to assess options for its joint venture interests in Asia, including its interest in SBIG. https://www.finnewsnetwork.com.au/archives/finance_news_network233251.html Tue, 25 Jun 2019 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233251.html Domino’s Pizza Enterprises addresses reports on legal action 25 Jun 2019 - Domino’s Pizza Enterprises (ASX:DMP) sent an announcement to the ASX this morning, noting media reports regarding potential legal action from current or former team members relating to their pay entitlements. https://www.finnewsnetwork.com.au/archives/finance_news_network233248.html Tue, 25 Jun 2019 00:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233248.html Helloworld Travel extends services to Government agencies 25 Jun 2019 - Australian and New Zealand travel distribution company Helloworld Travel (ASX:HLO) reports that the Department of Finance has extended the Deed between the Department and QBT, a wholly owned subsidiary of HLO. https://www.finnewsnetwork.com.au/archives/finance_news_network233249.html Tue, 25 Jun 2019 00:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233249.html Australian Vanadium signs MOU with Westgold Resources for water supply 25 Jun 2019 - Australian Vanadium (ASX:AVL) has signed a Memorandum of Understanding with Gold miner Westgold Resources (ASX:WGX) to access water for their Vanadium Project south of Meekatharra, in Western Australia. https://www.finnewsnetwork.com.au/archives/finance_news_network233246.html Mon, 24 Jun 2019 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233246.html Althea MMJ to supply first UK medical cannabis pilot 25 Jun 2019 - Australian medicinal cannabis company Althea Group Holdings (ASX:AGH) through its wholly-owned subsidiary Althea MMJ has moved forward with plans to increase the number of patients prescribed medical cannabis in the UK. https://www.finnewsnetwork.com.au/archives/finance_news_network233247.html Mon, 24 Jun 2019 23:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233247.html Markets await G20 summit meetings: ASX poised to open lower 25 Jun 2019 - Following soft leads from US markets, the Australian share market looks set to open lower. President Trump has signed an executive order imposing “hard-hitting” new sanctions on Iran. Investors are waiting anxiously for outcome of a meeting with President Trump and China’s President Xi at the G20 summit in Japan. The Regional Express Group's (ASX:REX) wholly-owned subsidiary, PelAir Aviation has been awarded a two-year contract extension for the provision of Fixed Wing Air Ambulance Services. https://www.finnewsnetwork.com.au/archives/finance_news_network233245.html Mon, 24 Jun 2019 22:25:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233245.html Back into record territory on Ausdrill rally, rates cut in July: ASX 0.2% higher 24 Jun 2019 - Aussie shares back close 0.2% higher after spending most of the day in the red. Westpac (ASX:WBC) expects rates to be cut in July. Navitas’ (ASX:NVT) BGH takeover now legally effective & it ceases trading on the ASX after gaining 28% YOY. Ausdrill’s (ASX:ASXL) Barminco inks 5-year $800m contract. Aveo (ASX:AOG) to find it difficult to provide EPS guidance. https://www.finnewsnetwork.com.au/archives/finance_news_network233243.html Mon, 24 Jun 2019 07:15:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233243.html Aveo Group and Metcash selling weigh on Monday: Aus shares 0.3% lower at noon 24 Jun 2019 - Aussie share market pairs back from fresh highs and remains in red for 2nd day. Metcash is tracking 9.5 per cent lower despite swinging to profit. Domino’s Pizza Enterprises (ASX:DMP) upgraded to buy on 2.5x Euro scale up. Aveo Group (ASX:AOG) distribution to be 4.5cps, 40-60% of profit on deteriorating property market et al. Woodside (ASX:WPL) restarts LNG production. https://www.finnewsnetwork.com.au/archives/finance_news_network233241.html Mon, 24 Jun 2019 02:45:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233241.html Hazer Group (ASX:HZR) Presentation, FNN Investor Event, June 2019, Sydney 24 Jun 2019 - Hazer Group Limited (ASX:HZR) Managing Director & CEO, Geoff Ward, talks about the commercialisation of the company's "clean" hydrogen process and the potential growth of the market with transitioning towards a low-carbon economy at FNN's Investor Event. https://www.finnewsnetwork.com.au/archives/finance_news_network233240.html Mon, 24 Jun 2019 01:50:00 GMT Company Presentations https://www.finnewsnetwork.com.au/archives/finance_news_network233240.html ACCC concerned over AP Eager acquisition of AHG 24 Jun 2019 - ACCC raised concerned over AP Eagers (ASX:APE) potentially taking over Automotive Holdings Group (AHG) (ASX:AHG). https://www.finnewsnetwork.com.au/archives/finance_news_network233238.html Mon, 24 Jun 2019 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233238.html City Chic Collective FY19 EBITDA $24-25m, sales ‘in their favour’ 24 Jun 2019 - Australian retailer, City Chic (ASX:CCX) is eyeing FY19 full-year underlying earnings before interest, taxation, depreciation and amortisation from continuing operations of between $24 and $25 million, which is in line with analyst consensus. https://www.finnewsnetwork.com.au/archives/finance_news_network233239.html Mon, 24 Jun 2019 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233239.html Woodside can break through $40 24 Jun 2019 - Fairmont Equities managing director Michael Gable takes a technical look Woodside Petroleum, St Barbara, Western Areas and BlueScope Steel. https://www.finnewsnetwork.com.au/archives/finance_news_network233237.html Mon, 24 Jun 2019 01:15:00 GMT Stock Watch https://www.finnewsnetwork.com.au/archives/finance_news_network233237.html Metcash back to black, $192.8m profit FY19 on supermarkets 24 Jun 2019 - Owner of IGA, Mitre 10 and Home Timber & Hardware, Metcash (ASX:MTS) has swung back into profit territory, reporting a $192.8 million profit for the year ending 30 April 2019. It was a surge from the prior year’s $148.2 million loss in FY18. https://www.finnewsnetwork.com.au/archives/finance_news_network233235.html Mon, 24 Jun 2019 00:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233235.html Murray Goulburn settles $42 million class action 24 Jun 2019 - Murray Goulburn Co-operative (ASX:MGC) has settled the $42 million Endeavour River class action in the Federal Court of Australia. https://www.finnewsnetwork.com.au/archives/finance_news_network233236.html Mon, 24 Jun 2019 00:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233236.html Ausdrill’s Barminco wins 5-year, $800m Botswana contract 24 June 2019 - Ausdrill’s (ASX:ASL) hard-rock underground miner Barminco, has been awarded a 5-year mining services contract worth $800 million. https://www.finnewsnetwork.com.au/archives/finance_news_network233233.html Sun, 23 Jun 2019 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233233.html ANZ NZ welcomes independent reviews 24 Jun 2019 - ANZ New Zealand (ASX:ANZ) says it’s willing to work with the Reserve Bank of New Zealand (RBNZ) on independent reviews of its capital models and attestation process. https://www.finnewsnetwork.com.au/archives/finance_news_network233234.html Sun, 23 Jun 2019 23:50:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233234.html Income tax cuts on PMs agenda: ASX set to open lower 24 Jun 2019 - Following weak leads from US markets on Friday the ASX looks set to open lower. Prime Minister Scott Morrison is set to speak at the West Australian Chamber of Commerce, his first major speech on the economy since the election. Income tax cuts at the top of the agenda. Dexus (ASX:DXS) on Friday announced that it has settled on the sale of its 100 per cent interest in 11 Talavera Road, Macquarie Park in Sydney. https://www.finnewsnetwork.com.au/archives/finance_news_network233232.html Sun, 23 Jun 2019 22:30:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233232.html Oil and gold climb throughout the week: ASX closed 0.6% lower 21 Jun 2019 - The ASX dropped at the open and slipped throughout the day. The Energy sector led the way as the price of oil climbed. Meanwhile, the healthcare sector fell behind. Gold miners did well this week, as central bank warnings of a weaker economic growth outlook pushed investors towards safety. Syrah Resources (ASX:SYR) completed the institutional component of its 1-for-5 pro rata accelerated non-renounceable entitlement offer. https://www.finnewsnetwork.com.au/archives/finance_news_network233231.html Fri, 21 Jun 2019 07:28:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233231.html Energy sector leading the way: ASX 0.3% lower at noon 21 Jun 2019 - The ASX opened flat following positive leads from Wall Street and is now tracking 0.3% lower at noon. Shares in CSL (ASX:CSL) have seen a drop this morning after updating the ASX on the process to its own Good Supply Practice license in China. The Energy sector is leading the way and the Healthcare sector trailing behind. And Otto Energy sees steady output in Texas. https://www.finnewsnetwork.com.au/archives/finance_news_network233230.html Fri, 21 Jun 2019 02:48:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233230.html CSL transition to own distributor model in China 21 Jun 2019 - This morning CSL (ASX:CSL) provided an update on the process of the transition to its own Good Supply Practice license in China in FY 2020. https://www.finnewsnetwork.com.au/archives/finance_news_network233228.html Fri, 21 Jun 2019 01:35:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233228.html The a2 Milk Company welcomes measures to protect consumers in China 21 Jun 2019 - The a2 Milk Company (ASX:A2M) says they welcome measures that protect the rights and safety of consumers and the overall integrity of ecommerce channels. https://www.finnewsnetwork.com.au/archives/finance_news_network233229.html Fri, 21 Jun 2019 01:35:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233229.html Extension for Wattle Health Australia for proposed acquisition for B&P 21 Jun 2019 - Wattle Health Australia (ASX:WHA) has signed an extension till the end of July with Mason Group Holdings to complete the proposed acquisition for Blend and Pack. https://www.finnewsnetwork.com.au/archives/finance_news_network233226.html Fri, 21 Jun 2019 00:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233226.html Domino’s Pizza Enterprises addresses speculation on MD succession 21 Jun 2019 - Domino’s Pizza Enterprises (ASX:DMP) has had some speculation in the UK media that its CEO Europe, Andrew Rennie, has been identified as a leading candidate to replace the outgoing Managing Director of Domino’s Pizza Group. https://www.finnewsnetwork.com.au/archives/finance_news_network233227.html Fri, 21 Jun 2019 00:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233227.html Boral signs Scoresby property agreement with Mirvac 21 Jun 2019 - Construction company Boral (ASX:BLD) has entered into a property development management deed with Mirvac (ASX:MGR). https://www.finnewsnetwork.com.au/archives/finance_news_network233223.html Thu, 20 Jun 2019 23:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233223.html Vicinity prices $400m of medium term notes 21 Jun 2019 - Vicinity Centres (ASX:VCX) today announced that it has priced $400 million of six-year medium term notes, comprising $225 million of fixed rate notes and $175 million of floating rate notes. https://www.finnewsnetwork.com.au/archives/finance_news_network233224.html Thu, 20 Jun 2019 23:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233224.html MLC's approach to fixed income 21 Jun 2019 - MLC Portfolio Manager Nicholas Hofmeyr speaks to MLC Research Manager Rebecca Collins about the record low interest rate environment and why active management in fixed income portfolios is important. https://www.finnewsnetwork.com.au/archives/finance_news_network233225.html Thu, 20 Jun 2019 23:40:00 GMT Funds Management https://www.finnewsnetwork.com.au/archives/finance_news_network233225.html Trump plays down Iran tensions: ASX poised to open flat 21 Jun 2019 - Following positive leads from US markets, the ASX looks set to open higher. The S&P 500 saw record highs – their best June since 1955. Commodity prices saw a surge as tensions bubble between the US and Iran. Beyond International (ASX:BYI) reports program production revenues are expected to increase by 19 per cent for FY 2019. https://www.finnewsnetwork.com.au/archives/finance_news_network233221.html Thu, 20 Jun 2019 22:28:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233221.html Stellar session: Aus shares close 0.6% higher, 140 pts off all time high 20 Jun 2019 - The local bourse pushed higher throughout the day, closing at another fresh high of 6,687pts, 140pts off all-time high. GPT Group (ASX:GPT) inks commitments to raise $800m, Citi Research ups 12-month price target to $5.73 from $5.47. Caltex (ASX:CTX) wipes out 5yrs of gains on cutting NPAT/EBIT for HY19. Rio Tinto (ASX:RIO) drops iron ore guidance by 13mt. Sydney Airport (ASX:SYD) Malaysian growth soars. https://www.finnewsnetwork.com.au/archives/finance_news_network233220.html Thu, 20 Jun 2019 07:25:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233220.html New 11.5yr ASX high, while Caltex & Rio cap gains: Aus shares 0.2% higher at noon 20 Jun 2019 - Aus shares hit new fresh high & the ASX200 is now 165pts off the all-time high. Caltex (ASX:CTX) loses 18%, 5-yrs of gains on profit/earnings downgrade. Resolute Mining (ASX:RSG) to have world’s first fully automated underground gold mine & dual lists today on LSE. Botanix Pharmaceuticals (ASX:BOT) kills superbugs without resistance, shares hit 2019 high. https://www.finnewsnetwork.com.au/archives/finance_news_network233219.html Thu, 20 Jun 2019 02:50:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233219.html Caltex slashes NPAT by $156m & EBIT by $173m 20 Jun 2019 - Caltex (ASX:CTX) expects its half-year 30 June 2019 replacement cost operating profit (RCOP) NPAT to be $156 million less, than the same time last year’s result. https://www.finnewsnetwork.com.au/archives/finance_news_network233217.html Thu, 20 Jun 2019 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233217.html Villa World plans to recommend AVID $293.5m takeover offer 20 Jun 2019 - Property developer Villa World (ASX:VLW) plans to recommend that shareholders vote in favour of the revised $293.5 million takeover offer from AVID Property Group Australia. https://www.finnewsnetwork.com.au/archives/finance_news_network233218.html Thu, 20 Jun 2019 01:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233218.html Sydney Airport overseas passengers soar 6.3% in May, boosted by US & Asia 20 Jun 2019 - Sydney Airport (ASX:SYD) saw the number of passengers through its Airport grow 2.4 per cent in May, compared to the same month last year, fuelled by US and Asian travellers. https://www.finnewsnetwork.com.au/archives/finance_news_network233214.html Thu, 20 Jun 2019 00:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233214.html FNP enters supply agreement with global pharma co for Lactoferrin 20 Jun 2019 - Freedom Foods Group (ASX:FNP) enters into long-term supply agreement with a major global pharmaceutical company for key ingredient Lactoferrin & has commitments to sell FY2020 capacity. https://www.finnewsnetwork.com.au/archives/finance_news_network233216.html Thu, 20 Jun 2019 00:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233216.html BOQ chief financial officer to step down following FY19 results 20 Jun 2019 - The Bank of Queensland (ASX:BOQ) chief financial officer, Matt Baxby to stand down following the group full-year results in October 2019. https://www.finnewsnetwork.com.au/archives/finance_news_network233212.html Wed, 19 Jun 2019 23:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233212.html Rio Tinto drops iron ore guidance by ~13 million tonnes 20 Jun 2019 - Rio Tinto (ASX:RIO) drops iron ore Pilbara shipments guidance for 2019 by about 13 million tonnes, amid mine operational challenges. https://www.finnewsnetwork.com.au/archives/finance_news_network233213.html Wed, 19 Jun 2019 23:40:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233213.html MLC talks trade tension and market opportunity 20 Jun 2019 - MLC Portfolio Manager Dr Ben McCaw talks to MLC Research Manager Rebecca Collins about US-China trade tensions, the upcoming G20 meeting, North Korea and implications for Australia. https://www.finnewsnetwork.com.au/archives/finance_news_network233211.html Wed, 19 Jun 2019 23:25:00 GMT Funds Management https://www.finnewsnetwork.com.au/archives/finance_news_network233211.html Aus shares 180pts from all time high, ASX eyes a rise of 0.1% as Fed hints at rate cut 20 Jun 2019 - US stocks closed higher with the Fed Reserve hinting that a rate could be close with eight FOMC members in favour of a cut this year. RBA Gov' Lowe speech at 11.15am at CEDA. BWP Trust (ASX:BWP) releasing profits from 4 property sales via special distribution 1.56cps. Mirvac Group (ASX:MGR) not selling Travelodge but FY20 EPS guidance 3% up on FY19. https://www.finnewsnetwork.com.au/archives/finance_news_network233209.html Wed, 19 Jun 2019 22:10:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233209.html On the heels of a new all-time high: Aus shares close 1.2% higher 19 June 2019 - Australian share market eyes all-time highs after closing at 6,648, not far from the 6,828.7 pts high hit on 1 November 2007. Bluescope Steel (ASX:BSL) rises EBIT guidance 6%, increased buy-back by $250m. Bravura (ASX:BVS) ups GBST (ASX:GBT) bid to $2.72 per share at $184.1m. Westpac (ASX:WBC) hires Guil Lima as new business division head. https://www.finnewsnetwork.com.au/archives/finance_news_network233207.html Wed, 19 Jun 2019 07:30:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233207.html Aus shares hit another new fresh high 6,644pts: ASX 1% up at noon 19 Jun 2019 - Most sectors rise up on ASX with ASX200 hitting a new fresh high of 6,644pts. Nanosonics (ASX:NAN) shares hit all-time high on France support. Orthocell (ASX:OCC) proves patients can regain oral function using its CelGro bone regeneration technology. Botanix (ASX:BOT) completes world-first skin disease cannabinoid study. https://www.finnewsnetwork.com.au/archives/finance_news_network233206.html Wed, 19 Jun 2019 02:45:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233206.html People Infrastructure to snap up two QLD recruitment practices for $16.8m 19 Jun 2019 - People Infrastructure (ASX:PPE) plans to snap up two QLD healthcare staffing agencies, First Choice Care Pty Ltd, and Carestaff Nursing Services Pty Ltd for $16.8 million. https://www.finnewsnetwork.com.au/archives/finance_news_network233203.html Wed, 19 Jun 2019 01:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233203.html Syrah Resources announces Gredmann as its graphite trader in China 19 Jun 2019 - Syrah Resources (ASX:SYR) inks a binding agreement with Gredmann to sell its graphite in China, capped at 279,000 tonnes. https://www.finnewsnetwork.com.au/archives/finance_news_network233205.html Wed, 19 Jun 2019 01:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233205.html RBA Minutes, Global Bank comparisons, WES, EHL 19 Jun 2019 - Fund Manager, Chris Pedersen looks at RBA Minutes, Global Bank comparisons, Wesfarmers and Emeco Holdings. https://www.finnewsnetwork.com.au/archives/finance_news_network233202.html Wed, 19 Jun 2019 01:20:00 GMT Stock Watch https://www.finnewsnetwork.com.au/archives/finance_news_network233202.html GPT Group to up stake in Darling Park, Cockle Bay Wharf & raise $800m 19 June 2019 - The GPT Group (ASX:GPT) has launched a $850 million capital raise as part of ramping up its property purchases. It also plans to increase stake in Darling Park, Cockle Bay Wharf to 75%. https://www.finnewsnetwork.com.au/archives/finance_news_network233200.html Wed, 19 Jun 2019 00:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233200.html Growthpoint Properties ups guidance & declares 11.6cps distribution 19 Jun 2019 - Growthpoint Properties Australia (ASX:GOZ) has ups its funds from operations (FFO) per security guidance for FY19, and is now eyeing 25 cents per security. That’s a rise from 24.8 cents per stapled security or share. https://www.finnewsnetwork.com.au/archives/finance_news_network233201.html Wed, 19 Jun 2019 00:45:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233201.html WBC hires head of new business division, Guilherme Lima 19 Jun 2019 - Westpac (ASX:WBC) has hired Guilherme (Guil) Lima as chief executive of its business division. He is currently HSBC Hong Kong’s group head of wealth management. https://www.finnewsnetwork.com.au/archives/finance_news_network233197.html Tue, 18 Jun 2019 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233197.html Bravura beefs up GBST takeover by 8% to $2.72p/s ($184.7m) 19 Jun 2019 - Bravura (ASX:BVS) has bumped up its takeover for fellow financial services tech company GBST (ASX:GBT) to $2.72 per share. https://www.finnewsnetwork.com.au/archives/finance_news_network233198.html Tue, 18 Jun 2019 23:30:00 GMT Company News https://www.finnewsnetwork.com.au/archives/finance_news_network233198.html Aus shares to extend on yesterday’s fresh high, Wall St rallies on Fed optimism 19 Jun 2019 - US stocks rally on Tuesday, as Trump is set to meet Xi Jinping at G-20, while Fed holds two day meeting. Iron ore price new fresh high $112. ASX futures eye rise of 0.6%, following yesterday's 0.6% lift and a close at 6,570pts. Xenith IP (ASX:XIP) recommends shareholders accept IPH’s(ASX:IPH) takeover which values XIP shares at $2.15, a 73% premium. Venus Metals (ASX:VMC) goes ex-div. https://www.finnewsnetwork.com.au/archives/finance_news_network233196.html Tue, 18 Jun 2019 22:20:00 GMT Market Reports https://www.finnewsnetwork.com.au/archives/finance_news_network233196.html