Latest Company News - Finance News Network
2,997 episodes - English - Latest episode: about 20 hours ago -The latest Company News from Finance News Network.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Lendlease (ASX:LLC) divests services arm for $310m
July 21, 2021 05:04 - 1000 KB21 July 2021 - Lendlease (ASX:LCC) has announced it has entered into an agreement with Service Stream (ASX:SSM) for the sale of its Services business for $310 million.
Rio Tinto (ASX:RIO) to assess legacy impacts of the Panguna mine
July 21, 2021 01:40 - 1000 KB21 Jul 2021 - Mining giant Rio Tinto (ASX:RIO) and Bougainville community members have reached an agreement to assess legacy impacts of the former Panguna copper mine.
Infratil (ASX:IFT) announces transition of CEO
July 21, 2021 01:25 - 1000 KB21 Jul 2021 - Morrison & Co Chairman, Rob Morrison has announced that Marko Bogoievski will be stepping down as Chief Executive at the end of the year.
Atlas Arteria (ASX:ALX) releases Q2 results
July 21, 2021 00:50 - 1000 KB21 July 2021 - Atlas Arteria (ASX:ALX) released their toll revenue and traffic statistics for the June Quarter 2021 (Q2 2021).
South32 (ASX:S32) releases Q2 results
July 21, 2021 00:15 - 1000 KB21 Jul 2021 - Mining company South32 (ASX:S32) released their quarterly results for 2021.
Stocks of the Hour: Ampol, BHP & IAG
July 20, 2021 05:18 - 1 minute - 1000 KB20 July 2021 - A snapshot of some of the news that broke today, featuring Ampol (ASX:ALD), BHP (ASX:BHP) & IAG (ASX:IAG).
nib (ASX:NHF) appoints Peter Harmer as new director
July 20, 2021 04:42 - 1000 KB20 July 2021 - Australia's health insurer nib holdings (ASX:NHF) has announced the appointment of Mr Peter Harmer as an independent non-executive director of the nib board.
Dexus (ASX:DXS) to fund Atlassian development for $1.4 billion
July 20, 2021 04:22 - 1000 KB20 July 2021 - Australian real estate company Dexus (ASX:DXS), has announced it has entered into binding terms to fund, deveop and invest in Atlassian’s new headquarters in Sydney.
Afterpay (ASX:APT) introduces 'Money by Afterpay'
July 20, 2021 03:08 - 1000 KB20 July 2021 - Buy now, pay later (BNPL) provider Afterpay (ASX:APT) has announced key details of its new money and lifestyle app "Money by Afterpay".
Ampol (ASX:ALD) releases Q2 2021 update of Lytton
July 20, 2021 01:55 - 1000 KB20 Jul 2021 - Petrol and diesel supplier Ampol (ASX:ALD), has provided an update on the performance of the Lytton refinery for Q2 2021.
Santos (ASX:STO) confirms merger talk with Oil Search
July 20, 2021 01:00 - 1000 KB20 Jul 2021 - Santos (ASX:STO), has confirmed that on 25 June 2021 it submitted a confidential, non-binding indicative merger proposal to the Oil Search Board.
Lovisa (ASX:LOV) shuts stores due to Covid-19
July 20, 2021 00:50 - 1000 KB20 Jul 2021 - Lovisa Holdings (ASX:LOV), a fast-fashion retailer in jewellery and accessories, have continued to experience disruptions in trading and temporary store closures.
Sydney Airport (ASX:SYD) passenger traffic drops 70.9%
July 20, 2021 00:25 - 1000 KB20 Jul 2021 - Sydney Airport (ASX:SYD) has released their traffic performance review for June 2021.
Reliance Worldwide (ASX:RWC) set to acquire LCL assets for $37 million
July 20, 2021 00:10 - 1000 KB20 Jul 2021 - Reliance Worldwide Corporation (ASX:RWC) has announced that it has entered into an agreement to acquire the business assets of LCL for approximately $37 million.
BHP (ASX:BHP) releases Q4 results
July 20, 2021 00:05 - 1000 KB20 Jul 2021 - Mining giant BHP (ASX:BHP) have announced a record production achieved at Western Australia Iron Ore (WAIO) and Goonyella.
IAG (ASX:IAG) reveals sale of Malaysian interest at $340mil
July 19, 2021 21:50 - 1000 KB20 Jul 2021 - Insurance provider IAG (ASX:IAG) has commenced the sales process to divest its interest in their Malaysian venture, AmGeneral Holdings, the general insurance arm of AmBank Group for a deal that could be valued at $340 million.
Stocks of the Hour: Telstra, Vulcan Energy & Oil Search
July 19, 2021 05:05 - 1 minute - 1000 KB19 July 2021 - A snapshot of some of the news that broke today featuring Telstra (ASX:TLS), Vulcan Energy (ASX:VUL) & Oil Search (ASX:OSH).
Keiran Wulff steps down as MD of Oil Search (ASX:OSH)
July 19, 2021 04:05 - 1000 KB19 July 2021 - Oil Search (ASX:OSH) has announced that its managing director, Dr Keiran Wulff, has resigned for health reasons.
Humm Group (ASX:HUM) appoints Adrian Fisk as CFO
July 19, 2021 01:40 - 1000 KB19 Jul 2021 - Buy now, pay later provider Humm Group (ASX:HUM), has announced the appointment of Adrian Fisk as Chief Financial Officer of Hummgroup.
Stockland (ASX:SGP) set to acquire 3,800 Halcyon sites
July 19, 2021 00:55 - 1000 KB19 Jul 2021 - Stockland (ASX:SGP) has announced that it has entered into binding agreements to acquire Queensland based Halcyon Group’s land lease communities business.
Vulcan Energy (ASX:VUL) signs with LG Energy for carbon project
July 19, 2021 00:30 - 1000 KB19 Jul 2021 - Vulcan Energy's (ASX:VUL) binding lithium hydroxide offtake term sheet has signed with LG Energy Solution (LGES) for their global Zero Carbon LithiumTM project.
Telstra (ASX:TLS) eyeing acquisition of Digicel Pacific
July 19, 2021 00:10 - 1000 KB19 Jul 2021 - Telstra (ASX:TLS) has confirmed it has been in discussions regarding the acquisition of Digicel Pacific, in partnership with the Federal Government.
Gold-rush Q2 2021 earnings for OceanaGold (ASX:OGC)
July 18, 2021 21:50 - 1000 KB19 Jul 2021 - Dual-listed gold producer OceanaGold (ASX:OGC) has seen a bright spot in their preliminary second quarter results. The gold miner produced 12.8% more gold at 93,848 ounces at an all-in sustaining cost (AISC) of US$1,226 per ounce, $3 less per ounce in the second quarter.
Stocks of the Hour: Rio Tinto, BetMakers & Auckland Airport
July 16, 2021 05:50 - 1 minute - 1000 KB16 July 2021 - A snapshot of some of the news that broke today, featuring Rio Tinto (ASX:RIO), BetMakers (ASX:BET), Auckland Airport (ASX:AIA).
Auckland Airport (ASX:AIA) records 19.6% increase in total passengers
July 16, 2021 01:50 - 1000 KB16 Jul 2021 - New Zealand’s largest international airport, Auckland Airport (ASX:AIA) has released their monthly traffic update preview for Jun 2021.
Betmakers (ASX:BET) Waterhouse deal generates over $6.2m
July 16, 2021 01:10 - 1000 KB16 Jul 2021 - Wagering services provider, BetMakers (ASX:BET) has recorded over $6.2 million in revenue under the conditional commercial agreements with Waterhouse Group.
Poor weather to blame for Rio Tinto's (ASX:RIO) lower Q2 output
July 16, 2021 00:15 - 1000 KB16 Jul 2021 - Problem-plagued Pilbara continues to pressure the nation’s second largest mining giant, Rio Tinto (ASX:RIO) with iron ore shipments plummeting 12% to 76.3 million tonnes in the June quarter compared to the same time in 2020.
Stocks of the Hour: Sydney Airport, Woodside, Spark Infrastructure & Seven Group
July 15, 2021 04:36 - 2 minutes - 1000 KB15 Jul 2021 - A snapshot of the news that broke today featuring Sydney Airport (ASX:SYD), Woodside Petroleum (ASX:WPL), Spark Infrastructure (ASX:SKI) & Seven Group Holdings (ASX:SVW).
Pendal's (ASX:PDL) FUM for Q3 up $5 billion
July 15, 2021 03:50 - 1000 KB15 Jul 2021 - Fund Manager Pendal (ASX:PDL) saw a 5 per cent jump in funds under management in the June quarter after outflows of $700 million.
Seven Group (ASX:SVW) closes in on Boral at 52.7%
July 15, 2021 02:15 - 1000 KB15 Jul 2021 - Kerry Stokes’ conglomerate Seven Group Holdings (ASX:SVW) has now hit 52.7% in Boral (ASX:BLD) with an automatic two-week extension offering $7.40 per share for the building products company.
Spark Infrastructure (ASX:SKI) rejects $5bn takeover offer
July 15, 2021 01:50 - 1000 KB15 Jul 2021 - Electrical investment manager Spark Infrastructure (ASX:SKI) has rejected a $5 billion takeover bid by private equity giant KKR and superannuation manager Ontario Teachers’ Pension Plan Board.
Oil and gas giant Woodside Petroleum (ASX:WPL) revenue surges for Q2 2021
July 15, 2021 01:20 - 1000 KB15 Jul 2021 - Oil and gas giant Woodside Petroleum (ASX:WPL) reports a 15 per cent surge in sales revenue from the first quarter of 2021 of $1.285 billion despite its production falling 4 per cent, thanks to a recovery in oil prices.
Sydney Airport (ASX:SYD) slams down $22b takeover bid
July 15, 2021 00:40 - 1000 KB15 Jul 2021 - The nation’s largest airline hub Sydney Airport (ASX:SYD) slammed down the rubber duck stamp to reject the $22 billion takeover bid from a consortium of infrastructure investors.
Stocks of the Hour: humm group, Praemium & Dotz Nano
July 14, 2021 05:10 - 1 minute - 1000 KB14th July 2021 - A snapshot of some of the news that broke today featuring humm group (ASX:HUM), Praemium (ASX:PPS) & Dotz Nano (ASX:DTZ).
Dotz Nano (ASX:DTZ) inks distribution agreement for COVID-19 test kits
July 14, 2021 03:05 - 1000 KB14 Jul 2021 - Dotz Nano (ASX:DTZ) has entered into a distribution agreement with UAE-based Hygiene Links.
Cokal (ASX:CKA) secures funding for BBM Coking Coal Project
July 14, 2021 02:13 - 1000 KB14 Jul 2021 - Cokal (ASX:CKA) has executed binding agreements to fund the development of its BBM Project in Central Kalimantan, Indonesia.
BlueBet (ASX:BBT) to expand to US
July 14, 2021 01:50 - 1000 KB14 Jul 2021 - Mobile betting provider BlueBet Holdings (ASX:BBT) will start an online sportsbook in Iowa, USA.
Liontown Resources (ASX:LTR) announces $52 million placement
July 14, 2021 01:30 - 1000 KB14 Jul 2021 - Liontown Resources (ASX:LTR) has announced a $52 million capital raise for development of its key Kathleen Valley Lithium-Tantalum Project.
AngloGold Ashanti (ASX:AGG) proposes Corvus Gold acquisition
July 14, 2021 01:00 - 1000 KB14 Jul 2021 - AngloGold Ashanti (ASX:AGG) has submitted an acquisition proposal to the board of Corvus Gold, the owner of several Nevada assets.
New CEO for Austin Engineering (ASX:ANG)
July 14, 2021 00:46 - 1000 KB14 Jul 2021 - Austin Engineering (ASX:ANG) has appointed David Singleton as CEO and Managing Director.
humm group (ASX:HUM) to offer bundll BNPL product with Westpac NZ
July 14, 2021 00:28 - 1000 KB14 Jul 2021 - humm group (ASX:HUM) has entered into a joint venture with Red Bird Ventures, a subsidiary of Westpac New Zealand, to bring bundll to the New Zealand market.
Praemium (ASX:PPS) proposes divestment of international business
July 14, 2021 00:05 - 1000 KB14 Jul 2021 - The board of Praemium (ASX:PPS) has recommended divestment of the company's international operations.
Downer EDI (ASX:DOW) receives NBN contracts
July 13, 2021 23:50 - 1000 KB14 Jul 2021 - Downer EDI (ASX:DOW) has received two contracts from NBN Co with an estimated value of over $220 million over two-and-a-half years.
EROAD (ASX:ERD) to acquire Coretex
July 13, 2021 23:23 - 1000 KB14 Jul 2021 - New Zealand-based telematics company EROAD (ASX:ERD) has entered into a conditional agreement to acquire Coretex.
Stocks of the Hour: Openpay & Magnis Energy
June 22, 2021 06:28 - 52 seconds - 1000 KB22 Jun 2021 - A snapshot of notable stock news for the hour, featuring Openpay Group and Magnis Energy Technologies.
Stocks of the Hour: Adairs, Washington H Soul Patts & Vocus Group
June 22, 2021 05:40 - 1 minute - 1000 KB22 Jun 2021 - A snapshot of notable stock news for the hour including Adairs, Washington H Soul Patts & Vocus Group
Magnis Energy Technologies (ASX:MNS) testing new fast-charge energy cell
June 22, 2021 05:00 - 1000 KB22 Jun 2021 - Magnis Energy Technologies' (ASX:MNS) fast-charging battery program continues to achieve positive results.
Vocus (ASX:VOC) shareholders give nod to takeover by Voyage
June 22, 2021 04:30 - 1000 KB22 Jun 2021 - Macquarie-backed investment firm Voyage Australia has received an overwhelming go-ahead from Vocus shareholders to acquire the telco for $3.5 billion. The $3.4 billion held a vote on the takeover proposal, and recorded a 99.84 per cent approval rate for the deal.
Openpay (ASX:OPY) propose acquisition to boost UK expansion
June 22, 2021 01:05 - 1000 KB22 Jun 2021 - Openpay Group (ASX:OPY) plan to partner with Payment Assist to expand into the UK.
Adairs (ASX:ADH) speeds up purchase of Mocka
June 22, 2021 01:00 - 1000 KB22 June 2021 - Bedding retailer Adairs (ASX:ADH) has speeded up their purchase plan to fully acquire homewares and furniture supplier Mocka. The ASX-listed home furnishings specialist currently owns a 65 per cent interest in the vendor. Adairs was originally scheduled to snap up the remaining stake in two deferred payments within the next two financial years. The $773 million company has announced that it will move up their payment timeframe and purchase the remaining 35 per cent in one trans...