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Covid costs weigh on Woolworths' (ASX:WOW) earnings
December 13, 2021 23:55 - 1000 KB14 Dec 2021 - Woolworths (ASX:WOW) reported on its first half of FY22, saying Australian Foods earnings are expected to be weaker than a year ago with Covid-19 costs still weighing.
Stocks of the Hour: Woolworths, Nearmap & Growthpoint Properties
December 13, 2021 23:45 - 1 minute - 1000 KB14 Dec 2021 - A snapshot of the stocks on the move featuring Woolworths (ASX:WOW), Nearmap (ASX:NEA), Growthpoint Properties Australia (ASX:GOZ).
Charter Hall (ASX:CHC) upgrades FY22 earnings guidance
December 13, 2021 03:55 - 1000 KB13 Dec 2021 - Charter Hall (ASX:CHC) has upgraded its earnings guidance for 2022 following the company's 6-month valuation process. The real estate investment trust individually evaluated almost 100 per cent of the group's platform properties, proving a net valuation uplift of $3.5 billion as at 31 December 2021, subject to relevant approvals.
Santos (ASX:STO) announces new chief financial officer
December 13, 2021 02:55 - 1000 KB13 Dec 2021 - Energy giant Santos (ASX:STO) has appointed Anthea McKinnell as chief financial officer from January 1, replacing current CFO Anthony Neilson. McKinnell has been with Santos as deputy chief financial officer since 2019. Santos also noted her 13 years at Woodside Petroleum prior to this.
Posco buys out Senex Energy (ASX:SXY)
December 13, 2021 01:15 - 1000 KB13 Dec 2021 - Korean steelmaker Posco International (PIC) has entered into a binding agreement to acquire Senex Energy (ASX:SXY).
Centuria Office REIT (ASX:COF) celebrates 100% occupancy
December 13, 2021 00:25 - 1000 KB13 Dec 2021 - Centuria Office REIT (ASX:COF) has upgraded its financial year 2022 guidance after one of its clients renewed its lease for another three years in Queensland. The renewal, alongside other agreed leases, increased the building’s occupancy to 100 per cent.
Orica (ASX:ORI) to sell Minova business for $180m
December 13, 2021 00:12 - 1000 KB13 Dec 2021 - Explosives systems company Orica (ASX:ORI) has unveiled its plans to sell its Minova business to a European based investment firm, Aurelius Group for $180 million.
Ramsay (ASX:RHC) posts $1.4b spree into U.K. mental health market
December 13, 2021 00:10 - 1000 KB13 Dec 2021 - Ramsay Healthcare (ASX:RHC) has agreed to acquire the UK-based mental healthcare provider Elysium Healthcare for 1.4 billion (£775m ) from private equity firm BC Partners.
Stocks of the Hour: Ramsay Healthcare, Orica & Centuria Office REIT
December 12, 2021 23:45 - 1 minute - 1000 KB13 Dec 2021 - A snapshot of the stocks on the move featuring Ramsay Healthcare (ASX:RHC), Orica (ASX:ORI) & Centuria Office REIT (ASX:COF).
Stocks of the Hour: EBOS, Fortescue Metals & Santos
December 10, 2021 04:24 - 1 minute - 1000 KB10 Dec 2021 - A snapshot of the stocks on the move, featuring EBOS (ASX:EBO), Fortescue Metals (ASX:FMG) & Santos (ASX:STO).
Santos (ASX:STO) & Oil Search (ASX:OSH) seal the deal
December 10, 2021 03:46 - 1000 KB10 Dec 2021 - Santos (ASX:STO) and Oil Search (ASX:OSH) have legally completed their $22 billion merger following approval from the National Court of Papua New Guinea.
Santos (ASX:STO) and Oil Search (ASX:OSH) seal the deal
December 10, 2021 03:46 - 1000 KB10 Dec 2021 - Santos (ASX:STO) and Oil Search (ASX:OSH) have legally completed their $22 billion merger following approval from the National Court of Papua New Guinea.
Fortescue Metals (ASX:FMG) CEO steps down
December 10, 2021 03:05 - 1000 KB10 Dec 2021 - Elizabeth Gaines will step down as CEO of Fortescue Metals (ASX:FMG) to move to a non-executive director role and become Fortescue’s global green hydrogen brand ambassador.
Bapcor (ASX:BAP) extends debt profile
December 09, 2021 23:44 - 1000 KB10 Dec 2021 - Auto-parts supplier Bapcor (ASX:BAP) has refinanced $270 million worth of debt by extending its maturity profile from July 2022.
Vulcan Energy (ASX:VUL) announces geothermal plant acquisition
December 09, 2021 23:16 - 1000 KB10 Dec 2021 - Vulcan Energy (ASX:VUL) has agreed to acquire a geothermal renewable energy power plant from energy supplier Pfalzwerke AG in Germany.
EBOS (ASX:EBO) raises $642m to acquire LifeHealthcare for $1.7bn
December 09, 2021 23:10 - 1000 KB10 Dec 2021 - NZ medical wholesaler EBOS (ASX:EBO) has raised $642 million (NZ$674 million) through a placement to partly fund the $1.7 billion acquisition of medical device distributor LifeHealthcare.
Stocks of the Hour: Seven West Media, Sydney Airport, Cleanaway Waste Management
December 09, 2021 04:21 - 1 minute - 1000 KB09 Dec 2021 - A snapshot of the stocks on the move featuring Seven West Media (ASX:SWM), Sydney Airport (ASX:SYD), and Cleanaway Waste Management (ASX:CWY).
PNG court gives approval for Oil Search (ASX:OSH) takeover
December 09, 2021 04:20 - 1000 KB09 Dec 2021 - The National Court of Papua New Guinea has given the tick of approval for the merger of Oil Search (ASX:OSH) by Santos (ASX:STO) with the final step to take place on Friday.
Southern Cross Media (ASX:SXL) gets debt extension by 4-years
December 09, 2021 02:12 - 1000 KB09 Dec 2021 - Southern Cross Media Group (ASX:SXL) has successfully negotiated the refinancing of its syndicated debt facility for a further four years.
ASIC sues ANZ (ASX:ANZ) on failed discount waivers
December 09, 2021 02:00 - 1000 KB09 Dec 2021 - The Australian Securities and Investments Commission has started a civil penalty proceeding relating to benefits including the fee waivers and discounts not being applied under ANZ’s (ASX:ANZ) break fee package, as well as system errors impacting offset account calculations.
OZ Minerals (ASX:OZL) to unload Jericho to Minotaur (ASX:MEP)
December 09, 2021 01:55 - 1000 KB09 Dec 2021 - OZ Minerals (ASX:OZL) will sell its 80 per cent interest in Jericho and 70% interest in Eloise to Dematallica, a subsidiary of Minotaur Exploration (ASX:MEP) for $6.6 million.
Vulcan Energy (ASX:VUL) wins Volkswagen deal to supply lithium for EVs
December 09, 2021 00:40 - 1000 KB09 Dec 2021 - Gina Rinehart-backed Vulcan Energy (ASX:VUL) inked a deal with auto giant Volkswagen to supply at least 34,000 tonnes of battery grade lithium for five years.
Woodside (ASX:WPL) to supply LNG to Viva's (ASX:VEA) Geelong refinery
December 09, 2021 00:30 - 1000 KB09 De 2021 - Viva Energy (ASX:VEA) awards Woodside Petroleum (ASX:WPL) the go ahead to supply the east coast with LNG from Western Australia via a memorandum of understanding.
Sydney Aviation's deal to buy Sydney Airport (ASX:SYD) gets ACCC nod
December 09, 2021 00:19 - 1000 KB09 Dec 2021 - The Australian Competition & Consumer Commission has paved the way for Sydney Aviation Alliance’s proposed $23.6 billion proposal to buy Sydney Airport (ASX:SYD).
Seven West Media (ASX:SWM) receives ACCC nod to buy Prime (ASX:PRT)
December 09, 2021 00:00 - 1000 KB09 Dec 2021 - The Australian Competition & Consumer Commission has given its approval for Seven West Media's (ASX:SWM) offer to buy Prime Media (ASX:PRT) valued at $132 million.
Cleanaway's (ASX:CWY) $501m deal with Suez receives nod from ACCC
December 08, 2021 23:45 - 1000 KB09 Dec 2021 - The Australian Competition & Consumer Commission has given its nod of approval around Cleanaway’s (ASX:CWY) $501m proposal to buy parts of Suez locally-based waste ass
Stocks of the Hour: Aristocrat Leisure, Telstra & Sydney Airport
December 08, 2021 04:42 - 1 minute - 1000 KB08 Nov 2021 - A snapshot of the stocks on the move, featuring Aristocrat Leisure (ASX:ALL), Telstra (ASX:TLS) & Sydney Airport (ASX:SYD).
Telix Pharmaceuticals (ASX:TLX) signs distribution agreement in Spain
December 08, 2021 04:13 - 1000 KB08 Dec 2021 - Telix Pharmaceuticals (ASX:TLX) has entered into an exclusive commercial distribution agreement with NUCLIBER for its prostate cancer investigational imaging product Illuccix.
Nickel Mines (ASX:NIC) acquires 70% stake in Oracle nickel project
December 08, 2021 04:11 - 1000 KB08 Dec 2021 - Nickel Mines (ASX:NIC) has executed an agreement with its partner Shanghai Decent Investment to acquire a 70% equity interest in the Oracle nickel project in central Sulawesi, Indonesia.
Telstra (ASX:TLS) secures maximum amount of low band spectrum
December 08, 2021 00:28 - 1000 KB08 Dec 2021 - Telecom giant Telstra (ASX:TLS) has secured the maximum amount of low band spectrum in the Australian Communications and Media Authority’s 850/900 MHz band auction, investing $616 million to secure 2x10MHz.
Oil Search (ASX:OSH) & Santos (ASX:STO) receive ICCC approval for merger
December 07, 2021 23:55 - 1000 KB08 Dec 2021 - Energy giants Oil Search (ASX:OSH) and Santos (ASX:STO) have received approval from Papua New Guinea's watchdog in relation to its merger.
Sydney Airport (ASX:SYD) confirms no final dividend
December 07, 2021 23:30 - 1000 KB08 Dec 2021 - Sydney Airport (ASX:SYD) confirmed there will be no final dividend for 2021 given the significant impact of Covid-19.
Aristocrat (ASX:ALL) chief financial officer to depart
December 07, 2021 23:02 - 1000 KB08 Dec 2021 - Aristocrat Leisure's (ASX:ALL) chief financial officer (CFO) Julie Cameron-Doe has resigned after more than eight years with the business and four years in the CFO role.
Stocks of the Hour: Magellan, Bank of Queensland & Zip Co
December 07, 2021 04:50 - 1 minute - 1000 KB07 Dec 2021 - A snapshot of the stocks on the move, featuring Magellan Financial Group (ASX:MFG), Bank of Queensland (ASX:BOQ) & Zip Co (ASX:Z1P).
Cimic's (ASX:CIM) Thiess secures two mining contracts
December 07, 2021 04:09 - 1000 KB07 Dec 2021 - Cimic's (ASX:CIM) subsidiary Thiess has secured two mining services contracts in Queensland with a combined revenue of around $200 million.
Zip Co (ASX:Z1P) transactions jump in November
December 07, 2021 03:53 - 1000 KB07 Dec 2021 - Buy now, pay later giant Zip Co (ASX:Z1P) has reported strong momentum in November, achieving a record monthly transaction volume of $906.5 million, up 52% year-on-year.
Bank of Queensland (ASX:BQG) cuts NIM guidance on business update
December 07, 2021 00:25 - 1000 KB07 Dec 2021 - Bank of Queensland (ASX:BQG) cuts net interest margin guidance following a business performance update ahead of its annual general meeting. The bank expects a lower FY22 net interest margin than previously guided due to yield volatility, price competition and greater proportion of fixed rate mortgage lending across the industry.
Magellan's (ASX:MFG) CEO Brett Cairns resigns
December 06, 2021 23:40 - 1000 KB07 Dec 2021 - Magellan’s (ASX:MFG) chief executive officer Dr Brett Cairns is slated to step down due to personal reasons and chief financial officer Kirsten Morton will step in for the meantime.
Sims (ASX:SGM) acquires Recyclers Australia assets for $18mil
December 06, 2021 23:20 - 1000 KB07 Dec 2021 - Metal recycling company Sims (ASX:SGM) has acquired the assets of Brisbane based metal recycler, Recyclers Australia for $18 million.
IAG (ASX:IAG) reaffirms FY22 guidance
December 06, 2021 23:15 - 1000 KB07 Dec 2021 - Insurance Australia Group (ASX:IAG) has used a strategy update to reaffirm its FY22 guidance for gross written premium growth in the low single digits and an insurance margin of 10-12 per cent.
Boral (ASX:BLD) to sell North American Fly-Ash Business
December 06, 2021 02:10 - 1000 KB06 Dec 2021 - Boral (ASX:BLD) has agreed to sell its North American Fly Ash business for US$755 million (A$1 billion) to Eco Material Technologies.
Metcash (ASX:MTS) announces a 31% increase to its interim dividend
December 06, 2021 02:00 - 1000 KB06 Dec 2021 - Metcash (ASX:MTS) announces a 31 per cent increase to its interim dividend.
Combram Estate Olives (ASX:CBO) in capital raising
December 06, 2021 01:54 - 1000 KB06 Dec 2021 - Olive oil producer Cobram Estate Olives (ASX:CBO) is in a trading halt ahead of a proposed equity raising to be conducted by way of an institutional placement.
Sigma Healthcare (ASX:SIG) cuts profit guidance
December 06, 2021 01:50 - 1000 KB06 Dec 2021 - Sigma Healthcare (ASX:SIG) has cut its earnings guidance for the 2022 financial year (ending January 2022), saying it now expects underlying EBITDA to be down around 10% compared with FY21.
Dotz Nano (ASX:DTZ) enters agreement to distribute COVID test kits in Malaysia
December 03, 2021 02:53 - 1000 KB03 Dec 2021 - Dotz Nano (ASX:DTZ) has entered into a distribution agreement with ScienceVision Sdn Bhd to distribute SARS-CoV-2 test kits in Malaysia.
Alcidion Group (ASX:ALC) awarded $23.5m contract with Commonwealth
December 03, 2021 02:33 - 1000 KB03 Dec 2021 - Alcidion Group Limited (ASX:ALC), as part of a consortium of digital health partners led by Leidos, has been awarded a contract for an estimated $23.5 million over six years, with the possibility of renewal.
Kazia Therapeutics (ASX:KZA) announces positive results for brain cancer drug
December 03, 2021 01:21 - 1000 KB03 Dec 2021 - Kazia Therapeutics (ASX:KZA) has announced positive results from its Phase II study into the treatment of glioblastoma with paxalisib.
Starpharma (ASX:SPL) signs Viraleze distribution agreement
December 03, 2021 00:30 - 1000 KB03 Dec 2021 - Starpharam (ASX:SPL) has signed an ongoing agreement for the distribution of the VIRALEZE antiviral nasal spray in Vietnam.
Ramelius Resources (ASX:RMS) to acquire Apollo Consolidated (ASX:AOP)
December 03, 2021 00:05 - 1000 KB03 Dec 2021 - Ramelius Resources (ASX:RMS) will compulsorily acquire the remaining shares of Apollo Consolidated (ASX:AOP), the owner of the Lake Rebecca Gold Project.
APM (ASX:APM) to acquire physiotherapy group Lifecare
December 02, 2021 23:05 - 1000 KB03 Dec 2021 - APM Human Services International (ASX:APM) has entered into a binding agreement to acquire physiotherapy and home care provider Lifecare for $68 million.