Finance News Network

News by Kathy Skantzos

Kathy Skantzos

Finance News Network

Horizon Minerals (ASX:HRZ) announces first gold pour at Boorara gold mine

24 Jul 2020 - Gold exploration and mining company Horizon Minerals (ASX:HRZ) has announced the first gold pour at the Boorara gold mine.

IAG (ASX:IAG) flags flat growth in premiums, lower insurance margin

21 Jul 2020 - Insurance Australia Group (ASX:IAG) has flagged flat growth in gross written premiums of around 1 per cent, and its insurance margin will be lower than forecast, ahea…

Flat finish on ASX: Aus shares close 0.02% lower

21 Feb 2018 - Consumer staples soared with The a2 Milk Company (ASX:A2M) surging ahead a huge 30 per cent today after announcing a whopping 150 per cent rise in net profit for the …

ASX slips on financial results: Aus shares close flat

20 Feb 2018 - After opening lower, the Australian share market had a weak day before climbing back up to finish flat by the closing bell. It was a mixed bag today, but many of the …

Stronger-than-expected results boost markets: Aus shares close 0.6% higher

19 Feb 2018 - The market rose steadily throughout the day due to stronger-than-expected half yearly results. Helloworld Travel (ASX:HLO) reports a 39 per cent increase in profit be…

Wednesday woes: Aus shares close 0.3% lower

14 Feb 2018 - The markets fell throughout the day, and started to pick up towards the end of the session, but closed 0.3 per cent lower by the end of trade. Myer (ASX:MYR) lifted f…

Positive day for miners: Aus shares close 0.6% higher

13 Feb 2018 - It’s been a positive day on the ASX. The mining companies rallied, with solid gains seen from lithium miner Pilbara Minerals (ASX:PLS). Investment company Carlton Inv…

Altech Chemicals (ASX:ATC) secures financing for HPA plant

09 Feb 2018 - Altech Chemicals Limited (ASX:ATC) Managing Director, Iggy Tan, provides an update on the company’s High Purity Alumina Project, including financing and project timel…

AGL Energy profit increase

08 Feb 2018 - Energy company AGL Energy (ASX:AGL) reports statutory profit after tax of $622 million for the half year, a 91 per cent increase on the prior corresponding period.

Mirvac reports profit drop

08 Feb 2018 - Real estate group Mirvac (ASX:MGR) records a loss in profit, with operating profit after tax dropping 7 per cent to $215 million in the first half of FY18, compared t…

US upward momentum falters: Aus shares to open in positive territory

08 Feb 2018 - Wall Street’s upward momentum faltered and closed lower by the end of trade. National Australia Bank (NAB) (ASX:NAB) records unaudited statutory net profit of $1.65 b…

Rio Tinto declares $9.7b back to shareholders

08 Feb 2018 - Rio Tinto (ASX:RIO) declares a record full-year dividend of US$5.2 billion at US$2.90 per share, bringing the company’s final dividend to US$3.2 billion at US$1.80 pe…

Orocobre closes retail entitlement offer

08 Feb 2018 - Orocobre (ASX:ORE) announces it has closed its retail entitlement offer, raising $45 million.

Carsales.com profit and revenue increases

07 Feb 2018 - Online car sales platform Carsales.com (ASX:CAR) records a 27 per cent increase in profit after tax to $60.2 million for the half year of FY2018.

BWP Trust profits increase

07 Feb 2018 - Real estate investment trust BWP Trust (ASX:BWP) reports a jump in net profits to $103.3 million for the half year to 31 December 2017.

Nick Scali records 15% profit increase

07 Feb 2018 - Furniture company Nick Scali (ASX:NCK) records a 15 per cent increase in half yearly net profit of $23.5 million, driven by an 8.1 per cent increase in revenue to $12…

MG Unit Trust records profit increase for Murray Goulburn

07 Feb 2018 - Dairy company Murray Goulburn, an MG Unit Trust (ASX:MGC) company, reports a 53.2% increase in its net profit after tax to $14.4 million for the first half of FY18 co…

US markets close in positive territory: Aus shares to open higher

07 Feb 2018 - Market Outlook: US markets have recovered from the huge loss seen yesterday. Commonwealth Bank (ASX:CBA) reports a 1.9 per cent fall in half yearly cash net profit af…

Janus Henderson Group reports revenue rise

07 Feb 2018 - Janus Henderson Group (ASX:JHG) reports its total revenue increased 10 per cent for the quarter, bringing the annual adjusted revenue to US$1.85 billion for FY2018 co…

Rent.com.au partners with Chubb to offer rent contents insurance

07 Feb 2018 - Up-and-coming real estate website Rent.com.au (ASX:RNT) signs an agreement with global insurer Chubb to bring home contents insurance to renters.

ASX sell-off following Wall St losses: Aus shares 2.53% lower at noon

06 Feb 2018 - The Australian stock market has taken a beating after the US markets closed in negative territory for the second session in a row. Wattle Health (ASX:WHA) acquires 80…

Australian Unity Office Fund reconfirms operations guidance

06 Feb 2018 - Australian Unity Office Fund (ASX:AOF) reconfirms its guidance for its funds from operations for the full year of 17.1 and 17.3 cents per unit.

LifeHealthcare Group enters scheme with Pacific Equity Partners

06 Feb 2018 - LifeHealthcare Group (ASX:LHC) enters into a scheme implementation deed with a subsidiary of Australian private equity firm Pacific Equity Partners, Pacific Health Su…

Magellan Financial Group announces acquisitions

06 Feb 2018 - Magellan Financial Group (ASX:MFG) announces two acquisitions worth US$15 million in cash and 4.5 million in Magellan shares.

Macquarie increases earnings guidance

06 Feb 2018 - Macquarie (ASX:MQG) reports it expects a full year profit growth of 10 per cent.

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