Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Apple shares rise on Buffet's comments: ASX to open higher

02 Mar 2021 - Following leads from US markets, the ASX looks set to open higher this morning – all three major US equity benchmarks rose. Major sovereign bonds rallied across the g…

Senex (ASX:SXY) sells Cooper Basin business to Beach Energy: ASX closed 1.7% higher

01 Mar 2021 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to close 1.7% higher, that’s 116 points up, to finish at 6,790. A…

Profits fall as salaries rise in the December quarter: ASX tracking 1.5% higher at noon

01 Mar 2021 - The ASX opened higher, the S&P/ASX 200 index is 101 points up or 1.5 per cent higher at 6,775. On the futures market the SPI is 110 points higher. Shares in Growthpoi…

Austal (ASX:ASB) USA signs $295m contract with US Navy

01 Mar 2021 - Austal (ASX:ASB) USA has been awarded a $295 million contract by the United States Navy for the detailed design and construction of the 15th Expeditionary Fast Transp…

Growthpoint Properties Australia (ASX:GOZ) sell two Sydney properties

01 Mar 2021 - Growthpoint Properties Australia (ASX:GOZ) has exchanged contracts to sell its leasehold interest in two properties in Sydney Olympic Park in New South Wales for $66.…

John Poynton steps down from Crown Resorts (ASX:CWN) board

01 Mar 2021 - Crown Resorts (ASX:CWN) announced today that John Poynton AO has resigned as a director of Crown and as Chairman and director of Burswood Limited, Crown Perth)with im…

CIMIC Group (ASX:CIM) secure Queensland ECI contract

01 Mar 2021 - CIMIC Group (ASX:CIM) companies UGL and CPB Contractors have entered an early contractor involvement (ECI) contract with energy infrastructure company CuString Pty Lt…

Lake Resources (ASX:LKE) - clean, direct extraction, high-purity lithium developer

25 Feb 2021 - Lake Resources Limited (ASX:LKE) Managing Director Steve Promnitz provides an update on the company's lithium brine projects in the lithium triangle of Argentina, and…

Auckland begins a week's lockdown after Covid-19 case detected: ASX poised to open higher

01 Mar 2021 - After Friday’s losses the ASX looks set to open higher this morning. Global bonds stabilised after US government bond yields hit their highest level in a year and cau…

Anteris Technologies (ASX:AVR) building a better aortic valve

26 Feb 2021 - Anteris Technologies Limited (ASX:AVR) CEO & Managing Director Wayne Paterson talks about the benefits of the company's Anteris DurAVR aortic replacement valve to wor…

AUD hits a three year high against the USD: ASX poised to open higher

25 Feb 2021 - Following positive leads from US markets, the ASX looks set to open higher this morning. In his second day of testimony to Congress, US Federal Reserve Chairman Jerom…

Tech stocks drag the market down: ASX closed 0.9% lower

24 Feb 2021 - It has been a negative day of trade for the ASX. After opening in the red the local bourse failed to gain momentum. Tech stocks dragged on the market today - Appen (A…

Annual wage growth remains at 1.4%: ASX 0.4% lower at noon

24 Feb 2021 - The ASX opened lower following mixed leads from Wall Street and is now tracking 0.4% lower at noon, that’s 29 points down at 6,810. Bega Cheese (ASX:BGA) shares are u…

Scentre Group (AXS:SCG) report a full-year loss of $3.7 billion

24 Feb 2021 - Scentre Group (AXS:SCG) report a full-year loss of $3.7 billion, from a profit of $1.18 billion a year ago.

Stay-at-home consumers help push up Woolworths (ASX:WOW) profits

24 Feb 2021 - Stay-at-home consumers have helped push Woolworth’s (ASX:WOW) profit’s up 15.9 per cent to $1.14 billion for the half year.

Bega Cheese (ASX:BGA) see half year net profit rise 154%

24 Feb 2021 - In the first half FY2021 Bega Cheese (ASX:BGA) reported profit after tax was $21.7 million, an increase of $13.2 million or 154 per cent on the last half.

Cochlear (ASX:COH) receive FDA approval for the Baha sound processor

24 Feb 2021 - Hearing solutions company Cochlear (ASX:COH) has received US Food and Drug Administration (FDA) clearance and CE Mark accreditation for the new Cochlear Baha 6 Max So…

Powell says recovery is far from complete: ASX poised to open lower

24 Feb 2021 - Following mixed leads from US markets, the ASX looks set to open lower this morning. The US Federal Reserve chair Jerome Powell says recovery is ‘far from complete.’ …

Bank of Queensland (ASX:BOQ) to buy ME Bank for $1.3b: ASX closes 0.2% lower

22 Feb 2021 - It has been a rollercoaster day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 13 points lower, or 0.2 per cent lower to f…

Sequoia Financial Group (ASX:SEQ) 1H21 results & outlook

22 Feb 2021 - Sequoia Financial Group Limited (ASX:SEQ) Managing Director Garry Crole talks about the company's strong 1H21 results on the back of increased trading activity, wealt…

Costa (ASX:CGC) shares rise on full year results: ASX tracking 0.2% higher at noon

22 Feb 2021 - The ASX dropped at the open but is now tracking 0.2% higher at noon, or 16 points higher at 6,810. On the futures market the SPI is 4 points higher. Shares in Costa G…

Costa Group Holdings (ASX:CGC) results beat expectations

22 Feb 2021 - Costa Group Holdings (ASX:CGC) the grower, packer and marketer of fruit and vegetables today report a full year statutory net profit of $60.8 million, from a loss of …

Westgold Resources (ASX:WGX) report 552% increase in net profit before tax

22 Feb 2021 - Westgold Resources (ASX:WGX) report an impressive 552 per cent increase in net profit before income tax to $69.8 million for the half year period.

Syrah Resources (ASX:SYR) to restart production at Balama in Mozambique

22 Feb 2021 - Syrah Resources (ASX:SYR) is to restart production at the Balama Graphite Operation in Mozambique.

Waste collections group BINGO (ASX:BIN) see profit fall 58.5% during the half year

22 Feb 2021 - Waste collections group BINGO (ASX:BIN) reports that Covid-19 has less impact than originally anticipated with key markets and the company is on track to recover ahea…

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