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Crown Resorts (ASX:CWN) slapped with $1m fine over junkets
December 23, 2021 03:19 - 1000 KB23 Dec 2021 - Embattled Crown Resorts (ASX:CWN) has been slapped with a $1 million by the Victorian Commission for Gambling and Liquor regulator relating to historical non-compliance by Crown Melbourne with its internal control statements with respect to junkets and premium players.
Stocks of the Hour: Bega Cheese, Syrah Resources, Evolution Mining
December 23, 2021 00:05 - 1 minute - 1000 KB23 Dec 2021 - A snapshot of the stocks on the move featuring Bega Cheese (ASX:BGA), Syrah Resources (ASX:SYR), and Evolution Mining (ASX:EVN).
Spark Infrastructure (ASX:SKI) to delist from ASX today as Board resigns
December 22, 2021 22:30 - 1000 KB23 Dec 2021 - A management shake-up in Spark Infrastructure’s board (ASX:SKI) after delisting today saw the company’s new private owners, a consortium led by Kohlberg Kravis Roberts name Laura Reed as Chair and Gerard Dover as acting chief executive officer.
Praemium (ASX:PPS) to divest overseas business to Morningstar
December 22, 2021 04:16 - 1000 KB22 Dec 2021 - Praemium (ASX:PPS) is set to divest its international operations to US financial firm Morningstar for $65.1 million after saying "no" to Netwealth.
Flight Centre (ASX:FLT) gears up with 100% control of Shep
December 22, 2021 03:33 - 1000 KB22 Dec 2021 - Flight Centre (ASX:FLT) is gearing up for a recovery in travel volumes by unveiling its full ownership of US-based platform Shep.
Stocks of the Hour: Rio Tinto, Flight Centre Travel, Praemium
December 22, 2021 01:57 - 1 minute - 1000 KB22 Dec 2021 - A snapshot of the stocks on the move featuring Rio Tinto (ASX:RIO), Flight Centre Travel Group (ASX:FLT), and Praemium (ASX:PPS).
BHP (ASX:BHP) rules out higher bid to acquire Noront
December 22, 2021 00:40 - 1000 KB22 Dec 2021 - Mining giant BHP (ASX:BHP) says it will not increase or extend its offer to acquire Noront Resources, and will therefore not match the bid by Wyloo Metals.
Crown (ASX:CWN) appoints Bronwyn Weir as Group Secretary
December 22, 2021 00:26 - 1000 KB22 Dec 2021 - Casino operator Crown Resorts (ASX:CWN) has appointed Bronwyn Weir as group company secretary following the resignation of Craig Durham.
Rio Tinto (ASX:RIO) to acquire Rincon lithium project for $825m
December 21, 2021 23:55 - 1000 KB22 Dec 2021 - Mining giant Rio Tinto (ASX:RIO) has entered into a binding agreement to acquire the Rincon lithium project from Rincon Mining for $825 million.
Charter Hall (ASX:CHC) buys 50% stake in Paradice
December 21, 2021 23:49 - 1000 KB22 Dec 2021 - Real estate investment trust Charter Hall (ASX:CHC) has purchased a 50% interest in Paradice Investment Management (PIM) for $207 million, in a bid to expand its listed real estate equities into broader equities.
Telix's (ASX:TLX) first patient dosed for bladder cancer study
December 21, 2021 04:03 - 1000 KB21 Dec 2021 - Telix Pharmaceuticals' (ASX:TLX) first patient has been dosed in a Phase I study of TLX250-CDx in patients with non-muscle invasive bladder cancer at an institute in France.
Worley (ASX:WOR) receives services contract by Imperial Oil
December 21, 2021 04:00 - 1000 KB21 Dec 2021 - Global engineering provider Worley (ASX:WOR) has been awarded a contract in Canada by Imperial Oil Resources for the in-pit tailings infrastructure project at the Kearl Oil Sands operation.
Qube's (ASX:QUB) Chief Financial Officer to step down
December 21, 2021 00:30 - 1000 KB21 Dec 2021 - Qube’s (ASX:QUB) chief financial officer Paul Lewis will step down next year for personal reasons after more than 15 years with the business.
Qube's (ASX:QUB) chief financial officer to step down
December 21, 2021 00:30 - 1000 KB21 Dec 2021 - Qube’s (ASX:QUB) chief financial officer Paul Lewis will step down next year for personal reasons after more than 15 years with the business.
Nine (ASX:NEC) inks $650m broadcast deal
December 21, 2021 00:05 - 1000 KB21 Dec 2021 - Nine Entertainment (ASX:NEC) has inked a $650 million five year deal with the NRL to broadcast its 2023 to 2027 seasons. Nine will pay $115 million cash a year, with a further $15 million in contra and other services.
Australian Clinical Labs (ASX:ACL) hikes profit & revenue expectations
December 20, 2021 23:57 - 1000 KB21 Dec 2021 - Australian Clinical Labs (ASX:ACL) has upgraded its earnings and revenue forecast for the first half of FY22, underpinned by strong demand for Covid-19 testing.
Stocks of the Hour: AMP, Magellan Financial, Australian Clinical Labs
December 20, 2021 23:47 - 1 minute - 1000 KB21 Dec 2021 - A snapshot of the stocks on the move featuring AMP (ASX:AMP), Magellan Financial (ASX:MFG), and Australian Clinical Labs (ASX:ACL).
AMP (ASX:AMP) to delist from NZ Stock Exchange
December 20, 2021 23:28 - 1000 KB21 Dec 2021 - Asset manager AMP (ASX:AMP) says it will delist from the New Zealand Stock Exchange by February 4. Shares will stop trading on the NZX by February 3.
Sydney Airport (ASX:SYD) reports on November traffic
December 20, 2021 03:52 - 1000 KB20 Dec 2021 - Sydney Airport (ASX:SYD) reported on its traffic performance in November as border restrictions started to ease. total traffic for the month reached 498,000 passengers, up 42.4 per cent from November 2020, but down 86.7 per cent from 2019.
Origin Energy (ASX:ORG) to acquire WINconnect for $42.4m
December 20, 2021 03:24 - 1000 KB20 Dec 2021 - Origin Energy (ASX:ORG) has entered into an agreement to acquire WINconnect, currently majority owned by Pacific Equity Partners (PEP), for $42.4 million.
Magellan Financial (ASX:MFG) loses major UK contract
December 20, 2021 00:40 - 1000 KB20 Dec 2021 - Magellan Financial (ASX:MFG) has lost its $18.6 billion mandate from British wealth manager St James’s Place (SJP).
St Barbara (ASX:SBM) to acquire Bardoc Gold for $157m
December 20, 2021 00:15 - 1000 KB20 Dec 2021 - St Barbara (ASX:SBM) and Bardoc Gold (ASX:BDC) have entered into a binding scheme implementation deed under which St Barbara will acquire all shares in the capital of Bardoc.
Rio Tinto (ASX:RIO) appoints new chairman
December 20, 2021 00:00 - 1000 KB20 Dec 2021 - Mining giant Rio Tinto (ASX:RIO) has selected Dominic Barton to succeed Simon Thompson as the company’s new chairman.
Westpac (ASX:WBC) completes sale of wholesale dealer loan book
December 20, 2021 00:00 - 1000 KB20 Dec 2021 - Westpac (ASX:WBC) has completed the sale of its wholesale dealer loan book of around $1 billion in receivables. The news comes after the announcement in June, of Westpac’s (ASX:WBC) intention to sell its vehicle dealer finance and novated leasing businesses to Angle Auto Finance.
Stocks of the Hour: Rio Tinto, Magellan, Origin Energy, St Barbara
December 19, 2021 23:50 - 55 seconds - 1000 KB20 Dec 2021 - A snapshot of the stocks on the move featuring Rio Tinto (ASX:RIO), Magellan (ASX:MFG), Origin Energy (ASX:ORG), and St Barbara (ASX:SBM).
Dexus' (ASX:DXS) industrial property valuations jump
December 17, 2021 04:32 - 1000 KB17 Dec 2021 - Property group Dexus (ASX:DXS) has increased the total valuation of its property assets by about $421 million over the six months to December 31, or 2.4 per cent on prior book values.
Corporate Travel (ASX:CTD) raises $75m for Helloworld acquisition
December 17, 2021 03:29 - 1000 KB17 Dec 2021 - Corporate Travel Management (ASX:CTD) has completed its $75 million placement to partly fund the acquisition of Helloworld’s corporate travel business.
NSW Supreme Court approves Afterpay (ASX:APT) deal
December 17, 2021 03:00 - 1000 KB17 Dec 2021 - The NSW Supreme Court has approved Afterpay’s (ASX:APT) proposed takeover by Block, the US payments group formerly known as Square.
Transurban (ASX:TCL) adjusts costs on West Gate Tunnel Project
December 17, 2021 00:47 - 1000 KB17 Dec 2021 - Roads developer Transurban (ASX:TCL) has reached an agreement with the Victorian Government and its subcontractor, with costs adjustments for the West Gate Tunnel Project.
Healius (ASX:HLS) inks $301.3m deal to acquire Agilex Biolabs
December 17, 2021 00:40 - 1000 KB17 Dec 2021 - Healthcare company Healius (ASX:HLS) is set to acquire bioanalytical laboratory Agilex Biolabs for an enterprise value of $301.3 million. Agilex Biolabs' estimated calendar year 2022 revenue is within $36 to $40 million, with EBITDA between $14 and $16 million.
Sonic Healthcare (ASX:SHL) acquires US ProPath
December 17, 2021 00:34 - 1000 KB17 Dec 2021 - Medical laboratory company Sonic Healthcare (ASX:SHL) has acquired US pathology company ProPath, based in Texas. While the price was not specified, Sonic said ProPath has around US $110 million in annual revenue and serves more than 20 hospital groups across 45 states.
Stocks of the Hour: Sonic Healthcare, Healius & Transurban
December 17, 2021 00:20 - 1 minute - 1000 KB17 Dec 2021 - A snapshot of the stocks on the move featuring Sonic Healthcare (ASX:SHL), Healius (ASX:HLS) & Transurban (ASX:TCL).
Pointsbet (ASX:PBH) expands US footprint
December 16, 2021 00:27 - 1000 KB16 Dec 2021 - PointsBet (ASX:PBH) has launched its online and mobile sports betting operations in Virginia as the sports better grows its footprint to its eighth state in the US.
Orica (ASX:ORI) raises earnings guidance
December 16, 2021 00:04 - 1000 KB16 Dec 2021 - Explosives maker Orica (ASX:ORI) anticipates its financial year 2022 earnings before interest and taxes from continuing operations to increase the same period a year ago. The company said that they expect a much stronger first half than the prior year as momentum from the last quarter continued.
Qantas (ASX:QAN) warns $1.1b first-half loss
December 16, 2021 00:00 - 1000 KB16 Ded 2021 - Qantas (ASX:QAN) has been able to accelerate the repair of its balance sheet and expects to finish the first half of FY22 with a materially better net debt position than it had prior to the start of Delta variant lockdowns in June.
Stockland (ASX:SGP) unveils 12c distribution for 1H FY22
December 15, 2021 23:45 - 1000 KB16 Dec 2021 - Shopping centre giant Stockland (ASX:SGP) expects to pay investors pay 12 cents per share for the six months to the end of December.
Stocks of the Hour: CSL, Woodside Petroleum, Sims
December 15, 2021 23:40 - 59 seconds - 1000 KB16 Dec 2021 - A snapshot of the stocks on the move this morning featuring CSL (ASX:CSL), Woodside Petroleum (ASX:WPL), and Sims (ASX:SGM).
MA Financial (ASX:MAF) buys $68m Brunswick Heads pub
December 15, 2021 23:40 - 1000 KB16 Dec 2021 - MA Financial (ASX:MAF) has exchanged contract to buy Hotel Brunswick and an adjacent property for $68 million.
Blackmores (ASX:BKL) appoints new Chief Financial Officer
December 15, 2021 04:49 - 1000 KB15 Dec 2021 - Pharmaceutical company Blackmores (ASX:BKL) has appointed Patrick Gibson as its new chief financial officer following the resignation of current CFO Gunther Burghardt.
Evolution Mining (ASX:EVN) completes Mt Carlton sale
December 15, 2021 04:46 - 1000 KB15 Dec 2021 - Evolution Mining (ASX:EVN) has completed the sale of the Mt Carlton gold mine to Navarre Minerals (ASX:NML). Evolution has received the upfront consideration of $40 million, comprising $26.8 million in cash and 176,565,396 Navarre shares, which equates to a 12.9 per cent shareholding in Navarre.
Wesfarmers (ASX:WES) blocks Woolies' offer for API
December 15, 2021 03:38 - 1000 KB15 Dec 2021 - Conglomerate giant Wesfarmers (ASX:WES) is sticking to its plans to acquire Australian Pharmaceutical Industries (API) and intends to block Woolworths' (ASX:WOW) offer.
Challenger (ASX:CGF) appoints new CEO
December 15, 2021 02:05 - 1000 KB15 Dec 2021 - Annuities business Challenger (ASX:CGF) has appointed Nick Hamilton as managing director and CEO, replacing Richard Howes, who announced his resignation in August.
Corporate Travel (ASX:CTD) to acquire Helloworld's corporate travel business
December 15, 2021 01:25 - 1000 KB15 Dec 2021 - Corporate Travel Management (ASX:CTD) is set to acquire Helloworld's corporate travel business with an enterprise value offer of $175 million on a cash and debt free basis.
MA Financial (ASX:MAF) to acquire Finsure for $145m
December 15, 2021 01:20 - 1000 KB15 Dec 2021 - MA Financial (ASX:MAF) is set to acquire BNK Banking’s mortgage aggregation business, Finsure for $145 million on a cash and debt free basis.
Stocks of the Hour: MA Financial, Challenger & Corporate Travel Management
December 15, 2021 00:55 - 1 minute - 1000 KB15 Dec 2021 - A snapshot of the stocks on the move featuring MA Financial (ASX:MAF), Challenger (ASX:CGF) & Corporate Travel Management (ASX:CTD).
Polynovo (ASX:PNV) US sales more than double in Q2
December 14, 2021 03:56 - 1000 KB14 Dec 2021 - Polynovo (ASX:PNV) reported on its US sales having more than doubled in the second quarter of FY22 compared with a year prior.
Novartis terminates agreement with Mesoblast (ASX:MSB)
December 14, 2021 03:15 - 1000 KB14 Dec 2021 - Pharmaceutical company Novartis has terminated its agreement with medicine developer Mesoblast (ASX:MSB) prior to closing.
Woodside Petroleum (ASX:WPL) appoints new Chief Financial Officer
December 14, 2021 00:50 - 1000 KB14 Dec 2021 - Woodside Petroleum (ASX:WPL) has appointed Graham Tiver from BHP as chief financial officer and executive vice president following the resignation of CFO Sherry Duhe last month.
Growthpoint Properties (ASX:GOZ) upgrades FY22 guidance
December 14, 2021 00:24 - 1000 KB14 Dec 2021 - Growthpoint Properties (ASX:GOZ) have upgraded their FY22 guidance following an active business period.
Nearmap's (ASX:NEA) North American ACV to surpass Australia & NZ
December 14, 2021 00:05 - 1000 KB14 Dec 2021 - For the first time ever, Nearmap (ASX:NEA) expects the annualised contract value (ACV) of its North America portfolio to surpass the ACV of its Australia and New Zealand portfolio by the end of the month.