Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Vaccine rollouts start today across the country: ASX poised to open lower

22 Feb 2021 - ASX is poised to open lower this morning, extending Friday’s retreat. Covid-19 vaccine rollouts begin across the country with the first shot of the Pfizer vaccine bee…

Shares in Cochlear (ASX:COH) lift on H1 results: ASX tracking 0.8% lower at noon

19 Feb 2021 - The ASX dropped at the open and is tracking 0.8% lower or 57 points lower at noon at 6,829. On the futures market, the SPI is suggesting a fall of 54 points. Shares i…

Cochlear (ASX:COH) shares rise on reports of strong global growth

19 Feb 2021 - Cochlear (ASX:COH) report strong growth in the US, Japan, Korea and China, improving momentum in Western Europe and a slower recovery across most emerging markets.

Lovisa (ASX:LOV) see northern hemisphere markets decline due to Covid

19 Feb 2021 - Jewellery and accessories company Lovisa (ASX:LOV) saw profit for the half down 22.6 per cent to $21.5 million compared to the last half.

Sezzle (ASX:SZL) signs a new deal with a US digital bank

19 Feb 2021 - Buy now, pay later company Sezzle (ASX:SZL) have signed a deal with US digital bank Discover Global Network offering consumers additional payment options.

OceanaGold (ASX:OGC) reports a loss of US$150.4 million

19 Feb 2021 - OceanaGold (ASX:OGC) has a reported a loss of US$150.4 million compared to a $14.5 million profit a year ago.

PM rallies foreign leaders over Facebook news ban: ASX poised to open lower

19 Feb 2021 - ASX is poised to open lower this morning after global stocks dropped. Wall Street fell as data pointed to weakness in the labour market. Back home, the Federal Govern…

QEM (ASX:QEM) - vanadium and oil shale developer, Julia Creek, QLD

18 Feb 2021 - QEM Limited (ASX:QEM) Managing Director, Gavin Loyden provides an update on the company's flagship Julia Creek vanadium and oil shale project in North Western Queensl…

Australia launches inquiry into banks: ASX poised to open lower

18 Feb 2021 - Australian shares are poised to open lower this morning despite rising optimism about global vaccinations and economic growth. UK PM Boris Johnson has outlined a stag…

Coles (ASX:COL) shares fall as revenue increases: ASX closed 0.5% lower

17 Feb 2021 - At the closing bell the S&P/ASX 200 index closed 32 points down, or 0.5% lower to finish at 6,885. Shares in Evolution Mining (ASX:EVN) are down today despite their B…

Asaleo Care (ASX:AHL) has agreed to Essity's offer: ASX tracking 0.7% lower at noon

17 Feb 2021 - The Australian share market dropped during the early trading hours and is tracking 0.7 per cent lower or 49 points lower at noon at 6,869. On the futures market the S…

Super Retail (ASX:SUL) report NPAT up 201%

17 Feb 2021 - Super Retail (ASX:SUL) reported a first half statutory NPAT up 201 per cent to $172.8 million, compared to the same period a year ago.

Westpac's (ASX:WBC) first quarter net profit hits $1.7b

17 Feb 2021 - Westpac (ASX:WBC) reported a first-quarter unaudited statutory net profit $1.70 billion compared to a second-half 2020 quarterly average of $550 million.

Vicinity Centres (ASX:VCX) suffers a $394.1 million loss

17 Feb 2021 - Vicinity Centres (ASX:VCX) today announced its results for the half-year ending 31 December 2020 (1H21), with a statutory net loss after tax of $394.1 million.

Whitehaven Coal (ASX:WHC) FY21 interim results reflect Covid-19 impacts

17 Feb 2021 - Whitehaven Coal (ASX:WHC) report a $94.4 million loss for the six months to December 31, compared to a profit of $27.4 million a year ago.

China overtakes US as Europe's main trading partner: ASX set to open lower

17 Feb 2021 - The ASX is set to open lower this morning. The S&P 500 closed slightly lower as investors in the US grow concerned about surging bond yields. Bitcoin soared above $50…

Leadership changes at Fortescue Metals (ASX:FMG): ASX closed 0.7% higher

16 Feb 2021 - At the closing bell the S&P/ASX 200 index closed 48 points up, or 0.7% higher to finish at 6,917. Fortescue Metals Group (ASX:FMG) announced some leadership changes t…

Australian businesses grow 2% in 2019-2020: ASX tracking 0.5% at noon

16 Feb 2021 - The ASX lifted during the early trading hours and is tracking 0.5% higher or 35 points higher at noon at 6,904. On the futures market the SPI is 37 points higher. Cod…

Adairs (ASX:ADH) report NPAT up 233.4%

16 Feb 2021 - Homeware store Adairs (ASX:ADH) Adairs today released its results for the half year showing record sales and profitability at a time when its 43 Greater Melbourne sto…

BHP (ASX:BHP) delivers record dividend of US$1.01

16 Feb 2021 - BHP (ASX:BHP) is to offer shareholders a higher-than-expected $US1.01 per share dividend after reporting underlying profit had increased 16 per cent to $US6.3 billion…

Pro Medicus (ASX:PME) signs $31m contract with in the US

16 Feb 2021 - Leading health imaging company Pro Medicus (ASX:PME) today announced its wholly owned US subsidiary, Visage Imaging, Inc., has signed a 7-year contract worth $31 mill…

ioneer (ASX:INR) signs an MOU with Caterpillar

16 Feb 2021 - Emerging lithium-boron supplier, ioneer (ASX:INR) has entered into a memorandum of understanding with Caterpillar for the use of Cat’s system for hauling at the Rhyol…

Wall Street closed for Presidents' Day: ASX poised to open higher

16 Feb 2021 - The ASX is set to open higher this morning, as coronavirus vaccine optimism continues to push commodities higher. Oil prices soared yesterday, reaching their highest …

Major miners push market up: ASX closed 0.9% higher

15 Feb 2021 - Major miners pushed the market up today with materials being the best performing sector. At the closing bell the S&P/ASX 200 index closed 62 points higher, or 0.9% hi…

Utilities is only sector in the red: ASX tracking 0.9% higher at noon

15 Feb 2021 - The ASX lifted during the early trading hours and is tracking 0.9% higher or 59 points higher at noon at 6,865. Nearmap (ASX:NEA) shares have risen after reporting pl…

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