Finance News Network

News by Lauren Evans

Lauren Evans

Decmil (ASX:DCG) wins $98m contract for Albany project

29 Jun 2022 - Engineering and construction group Decmil (ASX:DCG) has been awarded a $98 million contract to build stage two of the Albany ring road project in Western Australia.

Invex Therapeutics (ASX:IXC) receives approval to commence phase 3 clinical trial

29 Jun 2022 - A regulatory agency has approved Invex Therapeutics’ (ASX:IXC) authorisation to commence the IIH EVOLVE phase 3 clinical trial in the UK, for patients with idiopathic…

SRG Global (ASX:SRG) secures $20m contract in defence sector

29 Jun 2022 - Engineering company SRG Global (ASX:SRG) has secured a $20 million contract in the defence sector with ASX-listed Lendlease as the managing contractor.

Stocks of the Hour: Liontown Resources, Weebit Nano & Winchester Energy

29 Jun 2022 - A snapshot of the stocks on the move featuring Liontown Resources (ASX:LTR), Weebit Nano (ASX:WBT) & Winchester Energy (ASX:WEL).

Star Entertainment (ASX:SGR) names Robbie Cook as CEO

29 Jun 2022 - Star Entertainment (ASX:SGR) has appointed Robbie Cook as its new chief executive officer and managing director. This comes after Tyro Payments (ASX:TYR) announced th…

Best day since January: ASX closes 1.9% higher in broad rally

27 Jun 2022 - The Australian sharemarket had its best day since January after the ASX 200 jumped in a broad rally that lifted all eleven sectors. Financials and energy led the pack…

Pro-Pac (ASX:PPG) downgrades FY22 guidance

27 Jun 2022 - Pro-Pac Packaging (ASX:PPG) has downgraded its profit guidance for the 2022 financial year, largely due to operational issues in the Flexibles business.

Carsales (ASX:CAR) to buy remaining stake in US Trader Interactive

27 Jun 2022 - Carsales.com (ASX:CAR) is set to acquire the remaining 51 per cent stake in US digital marketplace business Trader Interactive for around $1.2 billion (US$809 million…

Lithium miners extend rally, Imugene soars on positive data: ASX up 1.7% at noon

27 Jun 2022 - The ASX has rallied this morning with all eleven sectors in the green. Materials are leading the pack, up 2.6 per cent, followed by energy, up 2.4 per cent. The secto…

Stocks of the Hour: Imugene, Centrepoint Alliance & Tamboran Resources

27 Jun 2022 - A snapshot of the stocks on the move featuring Imugene (ASX:IMU), Centrepoint Alliance (ASX:CAF) & Tamboran Resources (ASX:TBN).

Metcash (ASX:MTS) lifts revenue & profit despite external challenges

27 Jun 2022 - Metcash (ASX:MTS) has reported continued financial growth for the year ending April 30 despite external challenges like supply chain issues, flooding and Covid.

Fleetwood (ASX:FWD) hit by poor weather, labour shortages & cost increases

27 Jun 2022 - Fleetwood (ASX:FWD) is facing project delays after being hit with poor weather on the east coast as well as labour and material shortages, which has resulted in lower…

PointsBet jumps nearly 19%, energy & miners tumble: ASX closes 0.6% lower

20 Jun 2022 - The ASX remained in negative territory throughout the afternoon session as the resources sector continued to weigh. At the closing bell, the S&P/ASX 200 was 0.6% or 4…

Cooper Energy (ASX:COE) confirms equity raising to fund APA acquisition

20 Jun 2022 - Cooper Energy (ASX:COE) is set to acquire APA’s (ASX:APA) Orbost Gas Processing Plant for between $270 million and $330 million.

Iron ore futures drill miners lower, Energy weighs: ASX down 0.8% at noon

20 Jun 2022 - The ASX has fallen mid-morning, weighed down by the resources sector as investors mull on the prospect of tighter financial conditions. S&P 500 contracts turned lower…

Stocks of the Hour: Credit Clear, X2M Connect & Retail Food Group

20 May 2022 - A snapshot of the stocks on the move featuring Credit Clear (ASX:CCR), X2M Connect (ASX:X2M) & Retail Food Group (ASX:RFG).

PointsBet (ASX:PBH) secures $94.2m investment from SIG Sports

20 Jun 2022 - PointsBet (ASX:PBH) has secured a $94.16 million investment from SIG Sports Investment Corp, a member of the Susquehanna International Group (SIG).

ASX tumbles 7.1% over the week, its worst fall since March 2020

17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…

Tech leads broad sell-off yet gold stocks shine: ASX tumbles, down over 2% at noon

17 Jun 2022 - The ASX has tumbled this morning following Wall Street's fall overnight on heightened recession fears in the US. This comes after a renewed global sell-off as rising …

Humm & Latitude scrap plans to merge consumer finance business

17 Jun 2022 - Humm (ASX:HUM) and Latitude Financial (ASX:LFS) have mutually agreed to terminate the proposed sale of Humm’s consumer finance business to Latitude after citing major…

Bubs Australia (ASX:BUB) upgrades FY22 guidance

17 Jun 2022 - Bubs Australia (ASX:BUB) has materially upgraded its FY22 revenue and earnings guidance amid strong demand in China and unanticipated shortages in the US.

Trajan (ASX:TRJ) to acquire Chromatography Research Supplies

17 Jun 2022 - Trajan (ASX:TRJ) is set to acquire Chromatography Research Supplies (CRS), a manufacturer of analytical consumables based in the US for $61.9 million (US$43.3 million…

Tech leads broad decline: ASX falls for 4th day, closes 1.3% lower

15 Jun 2022 - The Australian sharemarket closed lower for its fourth consecutive session after shares fell further in the afternoon trade, with all eyes on tonight’s interest rate …

Swoop (ASX:SWP) signs $32.1m agreement with Westpac

15 Jun 2022 - Wireless provider Swoop Holdings (ASX:SWP) has signed a $32.1 million deal wth Westpac.

ResMed (ASX:RMD) to acquire German provider MEDIFOX DAN

15 Jun 2022 - Medical device company ResMed (ASX:RMD) is set to acquire MEDIFOX DAN, a German provider of out-of-hospital software solutions.

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