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Omni Bridgeway (ASX:OBL) to snap up $94m from partial Wivenhoe settlement
May 10, 2021 05:30 - 1000 KB10 May 2021 - Legal finance services provider Omni Bridgeway (ASX:OBL) has confirmed recognition of $94 million as proceeds from the Wivenhoe Dam class action for FY21.
PointsBet (ASX:PBH) purchases Oregon online bookmaker to upgrade US operations
May 10, 2021 04:00 - 1000 KB10 May 2021 - Online bookmaker PointsBet Holdings (ASX:PBH) has secured a deal to purchase US account wagering platform Premier Turf Club for $3.7 million, upscaling the operations of the ASX-listed business’ US subsidiary.
Woolworths (ASX:WOW) offers $2bn payout for support of liquor & hospitality demerger
May 10, 2021 01:30 - 1000 KB10 May 2021 - Australia’s biggest grocer Woolworths (ASX:WOW) is offering shareholders a payout worth up to $2 billion to green-light its demerger of the company’s beverages and hospitality division.
The Star (ASX:SGR) tables $12b merger bid for casino rival Crown Resorts (ASX:CWN)
May 10, 2021 00:30 - 1000 KB10 May 2021 - Casino giant Crown Resorts (ASX:CWN) has been presented with another restructuring pathway, as its gaming rival The Star Entertainment Group (ASX:SGR) has entered the bidding war against US investment firm Blackstone for the troubled gaming business. Crown has confirmed its receipt of a $12 billion merger offer from the Star.
Qantas (ASX:QAN) leases 5 more planes to boost domestic capacity
May 07, 2021 04:00 - 1000 KB07 May 2021 - Australia’s national flag carrier Qantas (ASX:QAN) has activated its right under a wet lease arrangement with Brisbane-based airline operator Alliance Aviation (ASX:AQZ) to summon five aeroplanes.
Stocks of the Hour: Macquarie Group, News Corp & Goodman Group
May 07, 2021 01:55 - 1 minute - 1000 KB07 May 2021 - A recap of the companies grabbing headlines in the morning session, featuring Macquarie Group, News Corp & Goodman Group.
Goodman Group (ASX:GMG) pivots towards inner-city warehousing
May 07, 2021 01:20 - 1000 KB07 May 2021 - Commercial property company Goodman Group (ASX:GMG) has released data indicating the real estate player is on track to meet profit guidance for the financial year, reporting a 3 per cent increase in net property income. The industrial heavyweight highlights the encouraging data as vindication of its pivot towards inner-city warehousing.
News Corp (ASX:NWS) projected to reach highest earnings level in 8 years
May 07, 2021 00:20 - 1000 KB07 May 2021 - Media tycoon Rupert Murdoc’s News Corp (ASX:NWS) is projected to record the highest level of earnings in 8 years, having reported a 23 per cent hike in profitability in the March quarter of FY21.
Macquarie Group (ASX:MQG)'s net earnings exceed forecasts by $170m
May 06, 2021 23:00 - 1000 KB07 May 2021 - Investment bank Macquarie Group (ASX:MQG) revealed that the business achieved a 10 per cent increase year on year in net earnings to $3.02 billion for the fiscal year, exceeding forecasts by $170 million
Federal Court approves Estia (ASX:EHE)'s settlement of class action
May 06, 2021 14:00 - 1000 KB07 May 2021 - Aged care operator Estia Health (ASX: EHE) has secured Federal Court approval for a settlement of a class action against the company over an alleged failure to uphold market disclosure obligations between 2015 and 2016.
Westfield owner Scentre (ASX:SCG) reconfirms its dividend
May 06, 2021 05:55 - 1000 KB06 May 2021 - Owner and manager of Westfield shopping centres Scentre (ASX:SCG) reports a 27% increase in collected gross rent cash collections from January to April this year to $802 million when compared to the same time in 2020
Adore Beauty (ASX:ABY) up 47% in revenue for Q3 FY21
May 06, 2021 04:55 - 1000 KB06 May 2021 - Online beauty retailer Adore Beauty (ASX:ABY) reports a 47 per cent rise in revenue to $39.4 million in the March quarter for Q3 FY21 when compared to the prior corresponding period
AMP (ASX:AMP) cuts admin fees to boost wealth platform subscriptions
May 06, 2021 04:00 - 1000 KB06 May 2021 - Under-pressure wealth manager AMP (ASX:AMP) has introduced cuts between 12 per cent and 22 per cent to its admin fees for superannuation and investment services.
TPG (ASX:TPG) financial chief to depart
May 06, 2021 03:15 - 1000 KB05 May 2021 - TPG Telecom (ASX:TPG)’s financial chief Stephen Banfield has announced his decision to leave his post at the company.
SeaLink (ASX:SLK) seals $114m deal to buy WA bus business
May 06, 2021 02:00 - 1000 KB06 May 2021 - Tourist and travel services provider SeaLink Travel Group (ASX:SLK) has inked a $114 million deal to purchase Western Australia-based operator of modern charter, rental and tour vehicles Go West.
Stocks of the Hour: NAB, Nearmap and Qantas
May 06, 2021 01:50 - 3 minutes - 1000 KB06 May 2021 - A snapshot of companies making headlines in this morning's session featuring NAB (ASX:NAB), Nearmap (ASX:NEA) and Qantas (ASX:QAN).
Nearmap (ASX:NEA) faces legal action from rivals over alleged patent infringement
May 06, 2021 00:30 - 1000 KB06 May 2021 - Eagle View Technologies and Pictometry International Corp have joined forces to begin legal proceedings in the United States District Court, accusing Nearmap US of breaching their patent rights to their roof-scaling technology.
NAB (ASX:NAB) doubles previous payout on increased cash earnings
May 05, 2021 23:00 - 1000 KB06 May 2021 - Banking giant National Australia Bank (ASX:NAB) has bumped up its interim dividend twofold from last year's payout to 60 cents per share, after its cash profit exceeded forecasts for the first half of FY21.
ACCC plans to knock back Qantas & Japan Airlines route
May 05, 2021 14:00 - 1000 KB06 May 2021 - The ACCC is planning to knock back the plan for Qantas and Japan Airlines to coordinate flights as the watchdog claims it breaches competition laws.
Qantas keeps headquarters for state subsidies
May 05, 2021 14:00 - 1000 KB06 May 2021 - Qantas (ASX:QAN) will continue its head office in Sydney and maintain their Jetstar operations in Melbourne following the start of their property footprint review in September 2020.
Ardent Leisure (ASX:ALG) splurges $75 million on theme park resort
May 05, 2021 04:50 - 1000 KB05 May 2021 - Entertainment park operator Ardent Leisure (ASX:ALG) is replicating a trend among the world’s most popular theme parks to provide on-site accommodation for visitors. The $384 million leisure company told investors it intends to invest $75 million in a resort facility called Dreamworld Resort within the vicinity of its Gold Coast theme parks Dreamworld and WhiteWater World in Queensland
CSL (ASX:CSL) ramps up plasma production effort
May 05, 2021 04:00 - 1000 KB05 May 2021 - Biomedical company CSL (ASX:CSL) has revealed the company is ramping up plasma production effort, increasing donor compensation fees and crowdsourcing ideas to optimise its plasma technology.
Stocks of the Hour: ANZ, Westpac & Incitec Pivot
May 05, 2021 02:45 - 2 minutes - 1000 KB05 May 2021 - A snapshot of companies making headlines in the morning session featuring ANZ, Westpac & Incitec Pivot.
Incitec Pivot (ASX:IPL) secures fertiliser supply for 20 years
May 05, 2021 01:30 - 1000 KB05 May 2021 - Chemicals manufacturer Incitec Pivot (ASX:IPL) has secured a prospective annual supply of up to 2.3 million tonnes of granular urea fertiliser for 20 years.
ASIC accuses Westpac (ASX:WBC) of insider trading
May 05, 2021 01:00 - 1000 KB05 May 2021 - Westpac (ASX:WBC) has confirmed awareness of legal action against the corporation by the Australian Securities and Investments Commission on account of alleged insider trading.
ANZ (ASX:ANZ) doubles dividend on profit hike
May 05, 2021 00:05 - 1000 KB05 May 2021 - Big-four bank ANZ (ASX:ANZ) has decided to double its interim dividend from last year’s rate to 70 cents per share, buoyed by increased cash profits and favourable economic conditions. The $82 billion company has reported an increase in cash earnings of 28 per cent, as ANZ snapped up cash profit of $2.99 billion in the six months ending on March 31.
Stocks of the Hour: Telstra, nib Holdings, SEEK & ME Bank
May 04, 2021 05:55 - 2 minutes - 1000 KB04 May 2021 - Our recap of the top news for the hour featuring Telstra Corporation (ASX:TLS), nib Holdings (ASX:NHF), SEEK (ASX:SEK) & Bank of Queensland (ASX:BOQ).
Treasury Wine Estates (ASX:TWE) upgrades distribution partnership with RNDC
May 04, 2021 05:30 - 1000 KB04 May 2021 - ASX-listed winemaker Treasury Wine Estates (ASX:TWE) has stepped up its collaboration with US heavyweight distribution partner Republic National Distributing Company (RNDC). The Melbourne-headquartered wine company sealed a new distribution contract to expand market reach by nine new states in the North American country’s second-largest liquor distribution network.
Empire Energy to acquire 100% interest in Beetaloo Basin property
April 26, 2021 06:25 - 1000 KB26 Apr 2021 - Imperial Oil & Gas, a wholly owned subsidiary of Empire Energy (ASX:EEG) will acquire the interests of EMG Northern Territory Holdings in the Beetaloo and McArthur Basin tenements.
Carbon Revolution (ASX:CBR) raises $73.5 million from institutional offer and placement
April 26, 2021 04:10 - 1000 KB26 Apr 2021 - Carbon Revolution (ASX:CBR) has completed the first phrase of its capital raising to fund construction of "Mega-lines".
Advanced Human Imaging (ASX:AHI) signs marketing agreement with Tinjoy Biotech
April 26, 2021 03:45 - 1000 KB26 Apr 2021 - Advanced Human Imaging (ASX:AHI) has signed a marketing agreement with China-Based Tinjoy Biotech for the launch of an integrated CompleteScan/WinScan offering.
Magnetic Resources (ASX:MAU) raises $2.6 million for gold projects
April 26, 2021 01:50 - 1000 KB26 Apr 2021 - Magnetic Resources (ASX:MAU) has raised $2.6 million via a placement of 1.83 million new shares at $1.42 a share. The funds will advance work at the Hawks Nest 9 and Lady Julie gold projects.
Fatfish Group (ASX:FFG) acquires stake in payment gateway tech
April 26, 2021 01:35 - 1000 KB26 Apr 2021 - Fatfish Group (ASX:FFG) has acquired 55 per cent of Pay Direct Technology.
Universal Biosensors (ASX:UBI) to distribute portable wine-testing device
April 26, 2021 01:19 - 1000 KB26 Apr 2021 - Universal Biosensors (ASX:UBI) has entered into a South African distribution agreement with Vicard SA for its wine-testing "Sentia" device.
Next Science (ASX:NXS) antimicrobrial solution to be sold in US
April 26, 2021 00:50 - 1000 KB26 Apr 2021 - Next Science (ASX:NXS) has received from the FDA to sell its Xperience antimicrobrial product.
Barminco expected to receive $A38m contract for mining services
April 26, 2021 00:25 - 1000 KB26 Apr 2021 - Perenti Global (ASX:PRN) subsidiary Barminco has received a letter of intent for work at the Red Chris Project in British Columbia.
Sigma Healthcare (ASX:SIG) announces resignation of CEO
April 26, 2021 00:15 - 1000 KB26 Apr 2021 - Managing Director and CEO Mark Hooper will leave Sigma Healthcare after more than 10 years in the role.
Bingo Industries (ASX:BIN) buyout yet to be finalised
April 23, 2021 04:00 - 1000 KB23 Apr 2021 - Waste management and recycling business Bingo Industries (ASX:BIN) has confirmed that negotiations for a 2.6 billion buyout by CPE Capital and Macquarie are still not concluded.
Excess inventory cancels Kogan (ASX:KGN)'s pandemic gains
April 23, 2021 03:20 - 1000 KB23 Apr 2021 - Online trading platform Kogan (ASX:KGN) reported a 24 per cent fall in adjusted earnings due to excess inventory, in the company’s March quarter update.
Stocks of the Hour: AMP, TPG & Accent Group
April 23, 2021 01:50 - 1 minute - 1000 KB23 Apr 2021 - A snapshot of companies making headlines for the hour, featuring AMP (ASX:AMP), Accent Group (ASX:AX1) & TPG Telecom (ASX:TPG)
TPG (ASX:TPG) secures access to new super-fast 5G frequencies
April 23, 2021 01:00 - 1000 KB23 Apr 2021 - Australia’s second largest internet services provider TPG Telecom (ASX:TPG) has secured its access to the super-fast 5G millimetre wave spectrum for $108.2 million in a month-long auction operated by the Australian Communications and Media Authority.
Glue to boost Accent Group (ASX:AX1)'s expansion into youth & lifestyle fashion
April 23, 2021 00:10 - 1000 KB23 Apr 2021 - Owner of 500 retail stores Accent Group (ASX:AX1) will expand its distribution network, following the acquisition of Glue Store and other exclusive fashion brands under Next Athleisure’s management for $13 million.
AMP (ASX:AMP) takeover deal falls through
April 22, 2021 23:00 - 1000 KB23 Apr 2021 - Financial services giant AMP (ASX:AMP) has broken talks with LA-based investment manager Ares (NYSE:ARES) over a takeover deal, as the two parties failed to reach a conclusive agreement.
Centuria Industrial REITs (ASX:CIP) portfolio valuation up 8.3%
April 22, 2021 06:30 - 1000 KB22 Apr 2021 - Centuria Industrial REIT’s (ASX:CIP) portfolio grew more than $2.6 billion for Q3 FY21. Within that time, a valuation of 58 out of 61 investment properties led to a rise of 8.3% or $196 million when compared on a on a like for like basis from prior book values.
Woodside Petroleum (ASX:WPL) reports Q1 sales revenue up 22%
April 22, 2021 04:48 - 1000 KB22 Apr 2021 - Woodside Petroleum (ASX:WPL) reports their first quarter sales revenue rose 22% compared to the same time in 2020 on the back of higher realised prices for all product
Macquarie's new bid heats up race for Vitalharvest (ASX:CTH)
April 22, 2021 03:30 - 1000 KB22 Apr 2021 - The bidding war for berry and citrus farms landlord Vitalharvest Freehold Trust (ASX:CTH) continues to heat up, following Macquarie Agricultural Funds Management’s latest offer.
Redbubble (ASX:RBL) reports 54% revenue growth for Q3
April 22, 2021 02:30 - 1000 KB22 Apr 2021 - Online marketplace Redbubble (ASX:RBL) has released their third quarter and year to date update which has seen their share price tumble over 20 per cent during today's session.
Trade tensions and border closures hamper Blackmores' (ASX:BKL) sales
April 22, 2021 02:15 - 1000 KB22 Apr 2021 - Health supplements brand Blackmores (ASX:BKL) has forecasted a weaker sales performance due to a downturn in demand for its products into the next fiscal year. The Sydney-based vitamins producer has explained that hampered trade relations with China and border restrictions have stifled Blackmores’ sales activity.
Stocks of the Hour: OZ Minerals, Chimeric Therapeutics, AGL Energy
April 22, 2021 01:35 - 2 minutes - 1000 KB22 Apr 2021 - A snapshot of the top news for the hour featuring OZ Minerals, Chimeric Therapeutics, AGL Energy.
Regis Resources (ASX:RRL) receives go-ahead to purchase Tropicana gold mine interest
April 22, 2021 01:30 - 1000 KB22 Apr 2021 - Gold miner Regis Resources (ASX:RRL) has received the go-head from Tropicana gold mine joint-owner AngloGold Ashanti (ASX:AGG) to purchase IGO’s 30 per cent interest in the asset.