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Latest Company News - Finance News Network
2,997 episodes - English - Latest episode: about 16 hours ago -The latest Company News from Finance News Network.
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Chimeric Therapeutics (ASX:CHM) reports successful 28-day follow up phase 1 trial
April 22, 2021 00:55 - 1000 KB22 Apr 2021 - Biotech company Chimeric (ASX:CHM) reports the first cohort has moved successfuly beyond the 28-day follow up period.
Splitit (ASX:SPT) initiates new payment service for US merchants
April 21, 2021 23:30 - 1000 KB22 Apr 2021 - Payment solutions innovator Splitit (ASX:SPT) has announced the launch of a new instalments payment service named Plus for the US merchant market.
OZ Minerals (ASX:OZL) on track to meet FY21 production guidance
April 21, 2021 23:00 - 1000 KB22 Apr 2021 - Adelaide-based OZ Minerals (ASX:OZL) has reported a surge in the copper and gold divisions’ productivity in the mining player’s latest financial update. The newly released data suggest the copper and gold specialist is well on track to meet production guidance for their specialty minerals.
AGL Energy's (ASX:AGL) CEO resigns
April 21, 2021 14:00 - 1000 KB22 Apr 2021 - AGL Energy (ASX:AGL) announces Managing Director & CEO, Brett Redman has resigned after being in role for 2.5 years.
Centuria Office REIT (ASX:COF) buoyed by upturn in leasing activity
April 21, 2021 04:00 - 1000 KB21 April 2021 - Office property landlord Centuria Office REIT (ASX:COF) has presented an optimistic outlook, based on data about leasing performances in the March Quarter.
Nuix (ASX:NXL) on track for second worst trading day
April 21, 2021 02:50 - 1000 KB21 Apr 2021 - Data science specialist Nuix (ASX:NXL) was tracking as the worst performer at midday, with the company’s shares hitting the lowest point since Nuix’s listing on the ASX in December 2020.
Stocks of the Hour: BHP, Santos, Rio Tinto & Ardent Leisure
April 21, 2021 01:45 - 2 minutes - 1000 KB21 Apr 2021 - A snapshot of the top news for the hour featuring BHP, Santos, Rio Tinto & Ardent Leisure.
BHP (ASX:BHP) notches 9-month high in iron ore output
April 21, 2021 00:55 - 1000 KB21 Apr 2021 - The world’s second biggest miner by revenue BHP (ASX:BHP) is capitalising on momentum from record-breaking iron ore prices and under-performances by rivals, propelling the company’s output of the steel-making ingredient.
Santos (ASX:STO) secures supply deal extension with Rio
April 21, 2021 00:14 - 1000 KB21 Apr 2021 - Energy heavyweight Santos (ASX:STO) has successfully extended its supply partnership with mining giant Rio Tinto (ASX:RIO).
Brisbane lockdown deals blow to Ardent Leisure (ASX:ALG)
April 20, 2021 23:00 - 1000 KB21 Apr 2021 - The recent lockdown in Greater Brisbane has taken a heavy toll on Ardent Leisure Group (ASX:ALG)’s revenue from theme parks. COVID-19 infections prompted the Queensland authorities to abruptly impose social restrictions just a few days before Autumn break.
Little Green Pharma (ASX:LGP) seals Scandinavian deal
April 20, 2021 04:40 - 1000 KB20 Apr 2021 - Western Australia-based medical cannabis grower Little Green Pharma (ASX:LGP) has sealed a supply deal and stamp a foothold in the Scandinavian health and recreational pot market.
Afterpay (ASX:APT) sets sights on Wall Street listing
April 20, 2021 03:40 - 1000 KB20 Apr 2021 - Buy now pay later specialist Afterpay (ASX:APT) has expressed an interest in listing on Wall Street, in light of its shareholder base expanding globally and beyond domestic stock investors.
Karoon Energy (ASX:KAR) selects Maersk Drilling to rehabilitate Bauna project
April 20, 2021 01:15 - 1000 KB20 Apr 2021 - ASX-listed energy player Karoon Energy (ASX:KAR) has selected Danish-based rig operator Maersk Drilling to rehabilitate its Bauna oil field in Brazil’s Santos Basin region.
Woolworths (ASX:WOW) upgrades stake in Quantium
April 20, 2021 00:30 - 1000 KB20 Apr 2021 - Supermarket operator Woolworths (ASX:WOW) has upgraded its stake from 50 per cent to 75 per cent in data analytics specialist Quantium.The company has splashed $223 million to become Quantium’s majority stakeholder, according to Woolworth’s announcement today.
Rio Tinto (ASX:RIO) on target to supply iron ore
April 19, 2021 23:00 - 1000 KB20 Apr 2021 - Rio Tinto (ASX:RIO) is projected to deliver on its iron ore commitments, despite the environmental challenges of Tropical Cyclone Seroja stagnating export activity from Western Australia. Rio reported a total exported iron ore volume of 77.8 million tonnes in the March quarter of FY21, marking the best quarterly performance by its iron ore section in 3 years.
Telix Pharmaceuticals (ASX:TLX) launches NOBLE Registry
April 19, 2021 05:15 - 1000 KB19 Apr 2021 - Telix Pharmaceuticals (ASX:TLX) has announced the launch of the "Nobody Left Behind" ("NOBLE") Registry.
Magnis Energy Technologies (ASX:MNS) subsidiary receives $110 million in funding
April 19, 2021 01:45 - 1000 KB19 Apr 2021 - Imperium3 New York, a subsidiary of Magnis Energy Technologies (ASX:MNS), has received AU$100 million in funding to fast track production at its lithium-ion battery plant.
Advanced Human Imaging (ASX:AHI) proposes acquisition of Physimax Technologies
April 19, 2021 01:25 - 1000 KB19 Apr 2021 - Advanced Human Imaging (ASX:AHI) has signed a letter of intent to acquire Israeli-based musculoskeletal assessment company Physimax Technologies.
Seven Group Holdings (ASX:SVW) to raise $500 million
April 19, 2021 01:05 - 1000 KB19 Apr 2021 - Seven Group Holdings (ASX:SVW) has announced an equity raising to provide balance sheet flexibility.
Primewest (ASX:PWG) recommends merger with Centuria Capital Group (ASX:CNI)
April 19, 2021 00:50 - 1000 KB19 Apr 2021 - Specialist investment manager Centuria Capital Group (ASX:CNI) will make an offer for 100% of Primewest shares, subject to various conditions being satisfied.
Worley (ASX:WOR) receives Chevron contract for Gulf of Mexico asset
April 19, 2021 00:30 - 1000 KB19 Apr 2021 - Chevron USA has awarded Worley (ASX:WOR) a contract for a deepwater facility in the Gulf of Mexico.
Merger between Galaxy Resources (ASX:GXY) and Orocobre (ASX:ORE)
April 19, 2021 00:10 - 1000 KB19 Apr 2021 - Galaxy Resources (ASX:GXY) and Orocobre (ASX:ORE) have agreed to a proposed AU$4 billion merger. which will create the world's fifth-largest lithium chemicals company.
Last cheers for Coca-cola Amatil (ASX:CCL) after 50 years on ASX
April 16, 2021 05:15 - 1000 KB16 Apr 2021 - Iconic non-alcoholic beverage producer Coca-Cola Amatil (AX:CCL) is poised for a $9.8 billion takeover by UK-based Coca-Cola European Partners.
Origin Energy (ASX:ORG) loses pricing appeal against Beach Energy (ASX:BPT)
April 16, 2021 02:45 - 1000 KB16 Apr 2021 - Power supplier Origin Energy (ASX:ORG) has lost its appeal against oil and gas explorer Beach Energy (ASX:BPT)’s pricing of gas and wholesale electricity.
Stocks of the Hour: Mayne Pharma, Rio Tinto, Monadelphous Group & Mineral Resources
April 16, 2021 01:00 - 1 minute - 1000 KB16 Apr 2021 - A snapshot of the companies making headlines at 11am: Mayne Pharma (ASX:MYX) , Rio Tinto (ASX:RIO) , Monadelphous Group (ASX:MND) & Mineral Resources (ASX:MIN).
Mineral Resources (ASX:MIN) suffers from haulage delay
April 16, 2021 00:40 - 1000 KB16 Apr 2021 - Western Australia- focused miner Mineral Resources (ASX:MIN) has suffered from logistical difficulty associated with coronavirus-induced border closures. The state’s tight border arrangement has taken its toll on the company’s supply of truck drivers.
Monadelphous (ASX:MND) secures settlement with RIO over WA fire
April 16, 2021 00:10 - 1000 KB16 Apr 2021 - Rio Tinto (AX:RIO) has agreed to a confidential out-of-court settlement with Industrial engineering services provider Monadelphous Group (ASX:MND) over a $500 million dispute related to a fire incident in Western Australia
Mayne Pharma (ASX:MYX) receives FDA approval for contraceptive pill
April 15, 2021 22:00 - 1000 KB16 Apr 2021 - Specialty pharmaceutical company Mayne Pharma (ASX:MYX) has successfully received approval from the US Food and Drug Administration (FDA) for its product NEXTSTELLIS.
Recce Pharmaceticals (ASX:RCE) to start clinical trials for topical wound application
April 15, 2021 06:28 - 1000 KB15 Apr 2021 - Recce Pharmaceticals’ (ASX:RCE) lead compound RECCE® 327 has been registered in the Australian New Zealand Clinical Trial Registry (ANZCTR) for its Phase I/II Topical Burns Study in humans.
Company News: Whitehaven Coal, Ampol, Alcidion & 92 Energy
April 15, 2021 05:15 - 1 minute - 1000 KB15 Apr 2021 - A snapshot of company headlines this afternoon, featuring Alcidion (AX:ALC), Whitehaven Coal (AX:ALC), Ampol (ASX:ALD) & 92 Energy
92 Energy (ASX:92E) becomes decade's first pure-play uranium to list on ASX
April 15, 2021 03:45 - 1000 KB15 Apr 2021 - Uranium explorer 92 Energy (ASX:92E) has become the first high-grade unconformity type uranium producer to float shares on the Australian sharemarket in 10 years.
Ampol (ASX:ALD)'s smooth sailing boosted by tailwinds from oil prices
April 15, 2021 03:00 - 1000 KB15 Apr 2021 - Caltex Australia owner Ampol (ASX:ALD) is riding high on momentum from the company’s March quarter results. The positive results have coincided with a strong rally in oil prices to monthly highs.
Unprecedented flooding hampers Whitehaven Coal (ASX:WHC)'s FY21 guidance
April 15, 2021 02:40 - 1000 KB15 Apr 2021 - Geological difficulties and rain damage have pressured Whitehaven Coal (ASX:WHC) to lower the company’s expectations for FY21 production, sales and unit costs.
Company News: Qantas, Bank of Queensland & Transurban
April 15, 2021 01:00 - 1 minute - 1000 KB15 Apr 2021 - A snapshot of company headlines this morning which includes Qantas (ASX:QAN), Bank of Queensland (ASX:BOQ), Transurban (ASX:TCL).
Alcidion (ASX:ALC) finalises terms for ExtraMed takeover
April 15, 2021 00:45 - 1000 KB15 Apr 2021 - Healthcare informatics developer Alcidion (ASX:ALC) has ironed out terms for the proposed takeover of British health technology specialist ExtraMed.
Transurban (ASX:TCL) reports a rise on their road to recovery for the March quarter
April 15, 2021 00:20 - 1000 KB15 Apr 2021 - Transurban (ASX:TCL) reported a rise in the average daily traffic of 1.1% compared to last year for the March quarter. Though when compared to 2019, it is down 3.8%. The company said traffic has recovered to pre covid-19 levels where restrictions have lifted.
Bank of Queensland (ASX:BOQ) restores regular dividend payment
April 15, 2021 00:10 - 1000 KB15 Apr 2021 - Bank of Queensland (ASX:BOQ) has announced the company will restore its usual dividend payment on May 26 this year.
Qantas (ASX:QAN) confident in domestic air travel growth
April 14, 2021 23:00 - 1000 KB15 Apr 2021 - Qantas (ASX:QAN) has upgraded its estimate of domestic capacity to beyond 90 per cent of its pre-pandemic aviation activity for the June Quarter of FY21.
Origin Energy (ASX:ORG) strikes deal with Port of Townsville
April 14, 2021 06:00 - 1000 KB14 Apr 2021 - Origin Energy (ASX:ORG) has stepped up its eco-friendly hydrogen game by striking a preliminary agreement with the Port of Townsville in Queensland.
ANTG eyes access to $400m cannabis production facility
April 14, 2021 04:00 - 1000 KB14 Apr 2021 - Medicinal cannabis grower Australian Natural Therapeutics Group (ANTG) has entered into the due diligence stage of joining forces with Canadian counterpart Asterion.The proposed merger will unlock the door for ANTG to a growing and processing complex with production capacity of 500 tonnes of medical cannabis per year.
Microprocessor volume production catapults Brainchip (ASX:BRN) shares
April 14, 2021 02:15 - 1000 KB14 Apr 2021 - Brainchip (ASX:BRN)’s announcement of the commencement of microprocessor volume production has catapulted shares in the artificial intelligence (AI) innovator.
Resolute Mining (ASX:RSG) regains Bibiani lease in Ghana
April 14, 2021 01:00 - 1000 KB14 Apr 2021 - Gold player Resolute Mining (ASX:RSG) is back in business at the Bibiani mining project in Ghana, one month after the Ghanaian government’s termination of lease to the company.
CSL (ASX:CSL) crowdsourcing ideas to optimise plasma technology
April 14, 2021 00:30 - 1000 KB14 Apr 2021 - Biotechnology researcher CSL (ASX:CSL) has kickstarted a crowdsourcing campaign to generate ideas for optimising the company’s plasma technology.
Empire Energy (ASX:EEG) wins auction for Pangaea Group's resource base
April 13, 2021 23:30 - 1000 KB14 Apr 2021 - Sydney-based oil and gas producer Empire Energy (ASX:EEG) has won the auction to acquire a majority stake in exploration company Pangaea Group’s five tenements across the Beetaloo Sub-basin.
Galaxy Resources (ASX:GXY) bumps up resource estimates in Argentina
April 13, 2021 23:00 - 1000 KB14 Apr 2021 - Galaxy Resources (ASX:GXY) has updated the lithium miner’s Sal de Vida resource estimates, indicating a significant increase in Inferred Mineral Resources of 27 per cent.
A2 Milk (ASX:A2M) upgraded to a buy
April 13, 2021 05:00 - 1000 KB13 Apr 2021 - Bell Porter has rated the a2 Milk Company as a buy, taking into consideration the company’s increase in exported instant milk formula to China.
NAB (ASX:NAB) reports improved business conditions in March
April 13, 2021 02:15 - 1000 KB13 Apr 2021 - National Australia Bank (ASX:NAB) has released findings from its March survey of business conditions, reporting an eight-point increase to a record high of 25 point
March quarter results shoot Zip Co (ASX:Z1P) shares up
April 13, 2021 02:00 - 1000 KB13 Apr 2021 - Payment solutions provider Zip Co (ASX:Z1P) has reported March quarter revenue of over $114 million, indicating an 80 per cent rise year on year.
IGO (ASX:IGO) accepts $903m offer for stake in Tropicana Gold
April 13, 2021 01:30 - 1000 KB13 Apr 2021 - Mining and exploration company IGO (AX:IGO) has accepted a $903 million bid from Gold miner Regis Resources (ASX:RRL) for a 30-per cent stake at the Tropicana Gold Project.
HomeCo (ASX:HMC) recruits Ramsay Health (ASX:RHC)'s ex-CEO for healthcare strategy
April 13, 2021 00:00 - 1000 KB13 Apr 2021 - Property developer HomeCo Consortium (ASX:HMC) has recruited former Ramsay Health (ASX:RHC) CEO Danny Sims as an advisor on the quest to diversify into the healthcare sector.