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Latest Company News - Finance News Network
2,997 episodes - English - Latest episode: about 12 hours ago -The latest Company News from Finance News Network.
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Mirvac (ASX:MGR) statutory profit drops over 35% on PcP
February 12, 2021 00:40 - 43 seconds - 1000 KB12 Feb 2021 - Mirvac Group’s (ASX:MGR) statutory profit after tax dropped over 35 per cent to $396 million in the half year ended 31 December 2020, compared to the same half year in 2019.
Etherstack (ASX:ESK) secures another defence contract
February 11, 2021 20:50 - 42 seconds - 1000 KB12 Feb 2021 - A subsidiary of radio tech company, Etherstack (ASX:ESK) has entered into an agreement with EOS Defence Systems to supply services to the Australian Department of Defence.
Vasco Fung resigns from Shriro (ASX:SHM)
February 11, 2021 20:50 - 27 seconds - 1000 KB12 Feb 2021 - Sydney-based kitchen appliance distributor Shriro Holdings (ASX:SHM) has advised that Vasco Fung stepped down from the board yesterday after 24 years in the role.
Telstra (ASX:TLS) reports a 2.2% drop in profit to $1.12 billion
February 11, 2021 00:50 - 53 seconds - 1000 KB11 Feb 2021 - Telstra (ASX:TLS) reports a 2.2 per cent drop in profit to $1.12 billion.
GUD Holdings (ASX:GUD) buys Australian Clutch Services
February 11, 2021 00:50 - 50 seconds - 1000 KB11 Feb 2021 - Automotive company GUD Holdings (ASX:GUD) reports their NPAT is up 17.6% to $31.3 million for the half year compared to the prior corresponding period.
AGL Energy (ASX:AGL) reports net loss of 808% 1H FY2020
February 11, 2021 00:50 - 1 minute - 1000 KB11 Feb 2021 - AGL Energy (ASX:AGL) reports a net loss of $2.28 billion dollars for the first half of the financial year 2020, that’s down 808% on the prior corresponding period.
Transurban (ASX:TCL) reports a 668% net loss for 2H 2020
February 11, 2021 00:50 - 43 seconds - 1000 KB11 Feb 2021 - Transurban (ASX:TCL) reports a statutory net loss of $448 million down 668 per cent for the six-month period to 31 December 2020 compared to the prior corresponding period.
Megaport (ASX:MP1) reports net loss for the half at $38.4 million
February 10, 2021 00:35 - 44 seconds - 1000 KB10 Feb 2021 - Megaport (ASX:MP1) today reported its first half earnings to 31 December 2020 showing the Company’s revenue was $36 million, an increase of $10.1 million or 39 per cent from the same period.
Insurance Australia Group (ASX:IAG) reports a $460 million loss
February 10, 2021 00:35 - 33 seconds - 1000 KB10 Feb 2021 - Insurance Australia Group (ASX:IAG) reports a $460 million loss for the first half of the 2021 financial year – last half they made $283.
The Commonwealth Bank of Australia (ASX:CBA) lifts dividend to $1.50
February 10, 2021 00:35 - 38 seconds - 1000 KB10 Feb 2021 - The Commonwealth Bank of Australia (ASX:CBA) announced a cash profit to $3.9 billion that’s 10.8 per cent down from the last half.
CIMIC Group (ASX:CIM) report statutory NPAT of $620 million
February 10, 2021 00:35 - 37 seconds - 1000 KB10 Feb 2021 - CIMIC Group (ASX:CIM) today announced its financial result for the 12 months to 31 December 2020 showing statutory NPAT of $620 million.
Dexus (ASX:DXS) see activity levels increasing as people return to work
February 08, 2021 23:50 - 49 seconds - 1000 KB09 Feb 2021 - Dexus (ASX:DXS) report their first half net profit after tax is $442.9 million, down 55.5 per cent primarily due to net revaluation gains being lower than those recognised in the previous corresponding period.
Nick Scali (ASX:NCK) refunds $3.6 million in JobKeeper
February 08, 2021 23:50 - 42 seconds - 1000 KB09 Feb 2021 - The Board of Directors and management of Nick Scali (ASX:NCK) have decided to refund the $3.6 million wage subsidy received in the half-year ended 31 December 2020.
Charter Hall (ASX:CLW) maintains full year operating earnings per share guidance
February 08, 2021 00:50 - 44 seconds - 1000 KB08 Feb 2021 - Australian Real Estate Investment Trust Charter Hall Long Wale REIT (ASX:CLW) has posted a 3.6 per cent increase in operating earnings to $73.6 million for the first half of the 2021 financial year when compared to the same time last year.
Vocus (ASX:VOC) receives non-binding takeover bid, opens books to Macquarie Infrastructure and Assets Holdings
February 08, 2021 00:50 - 52 seconds - 1000 KB08 Feb 2021 - Vocus (ASX:VOC) receives non-binding takeover bid, opens books to Macquarie Infrastructure and Assets Holdings
Argo Investments (ASX:ARG) first-half profit drops 43.3%
February 08, 2021 00:50 - 57 seconds - 1000 KB08 Feb 2021 - Listed investment company Argo (ASX:ARG) has posted a 43.3 per cent decline in half year profit to $67.4 million for the first half of the 2021 financial year when compared to the year earlier period.
Treasury Wines (ASX:TWE) not currently considering demerger
February 08, 2021 00:50 - 1 minute - 1000 KB08 Feb 2021 - Global winemaker Treasury Wines (ASX:TWE) has denied media reports of a potential demerger.
Medibank (ASX:MPL) announces investment in Myhealth Medical Group
February 05, 2021 00:45 - 50 seconds - 1000 KB05 Feb 2021 - Medibank (ASX:MPL) has snapped up a 33.4 per cent stake in primary clinic operator Myhealth Medical Group.
Crown Resort's (ASX:CWN) Perth Casino doors to remain closed until 14 February
February 05, 2021 00:45 - 36 seconds - 1000 KB05 Feb 2021 - Crown Perth’s (ASX:CWN) casino and theatre will remain closed until February 14 following updated guidance from the Western Australian government after a five-day lockdown.
Splitit (ASX:SPT) signs US$150m Receivables Warehouse Facility with Goldman Sachs
February 05, 2021 00:45 - 38 seconds - 1000 KB05 Feb 2021 - Splitit Payments has signed a $US150 million receivables funding facility with Goldman Sachs.
Newscorp (ASX:NWS) posts most profitable second quarter since relaunch 7 years ago
February 05, 2021 00:40 - 1 minute - 1000 KB05 Feb 2021 - Newscorp (ASX:NWS) says fiscal year 2021 second quarter net income has increased from $US103 million for the prior corresponding period to $US261 million.
Origin Energy (ASX:ORG) share price weakens on earnings downgrade
February 04, 2021 00:25 - 37 seconds - 1000 KB04 Feb 2021 - Shares in Origin Energy (ASX:ORG) dropped this morning on the back of an earnings write down.
Vulcan Energy (ASX:VUL) set to raise $120 million
February 04, 2021 00:00 - 30 seconds - 1000 KB04 Feb 2021 - Vulcan Energy Resources (ASX:VUL) has secured commitments to raise $120 million through a placement at $6.50 per share.
Musgrave Minerals (ASX:MGV) appoints new director
February 04, 2021 00:00 - 33 seconds - 1000 KB04 Feb 2021 - Exploration company, Musgrave Minerals (ASX:MGV) has appointed Brett Lambert as a non-executive director from today.
Brisbane Broncos (ASX:BBL) appoints new CEO
February 03, 2021 21:00 - 36 seconds - 1000 KB04 Feb 2021 - Brisbane Broncos (ASX:BBL) has appointed David Donaghy as chief executive officer.
Pinnacle Investment's (ASX:PNI) NPAT jumps 120% in 1H FY21
February 03, 2021 21:00 - 28 seconds - 1000 KB04 Feb 2021 - Pinnacle Investment Management Group's (ASX:PNI) net profit after tax attributable to shareholders is up 120 per cent to $30.3 million in the six months to December, compared to the same period for the prior year.
Openpay Group (ASX:OPY) welcomes regulatory review in the UK
February 03, 2021 00:50 - 38 seconds - 1000 KB03 Feb 2021 - Buy now Pay smarter’ company, Openpay Group (ASX:OPY) welcomes the publication of the UK’s Financial Conduct Authority (FCA) Woolard Review and confirms that Openpay embraces modern and proportionate regulation in all markets.
Amcor (ASX:AMC) lifts dividend and upgrades earnings
February 03, 2021 00:50 - 34 seconds - 1000 KB03 Feb 2021 - Packaging company Amcor (ASX:AMC) has upgraded its guidance for earnings growth for the 2021 financial year and raised its dividend after it’s first half results.
Westgold Resources (ASX:WGX) temporarily suspends FIFO operations
February 03, 2021 00:50 - 45 seconds - 1000 KB03 Feb 2021 - Westgold Resources (ASX:WGX) has suspended all FIFO operations from the lock down region in Western Australia to the unaffected region in which it operates.
Myanmar Metals (ASX:MYL) enters voluntary suspension after coup
February 03, 2021 00:50 - 34 seconds - 1000 KB03 Feb 2021 - The securities of Myanmar Metals (ASX:MYL) will be suspended from quotation due to the political situation in the country and its impact on the Company’s projects.
Temple & Webster (AXS:TPW) first-half revenue rose 118%
February 02, 2021 00:10 - 27 seconds - 1000 KB02 Feb 2021 - Temple & Webster (AXS:TPW) report that first-half revenue rose 118 per cent to $161.6 million.
The Credit Corp Group (ASX:CCP) see first half profit growth of 10%
February 02, 2021 00:10 - 26 seconds - 1000 KB02 Feb 2021 - The Credit Corp Group (ASX:CCP) reports a 10 per cent increase in net profit after tax (NPAT) to $42.3 million.
amaysim Australia (ASX:AYS) completes sale of mobile business to Optus
February 01, 2021 00:40 - 24 seconds - 1000 KB01 Feb 2021 - amaysim Australia (ASX:AYS) has sold its mobile business to its long-term strategic wholesale partner, Optus Mobile Pty.
FIRB approves Coca-Cola Amatil (ASX:CCL) takeover
January 31, 2021 23:40 - 35 seconds - 1000 KB01 Feb 2021 - The Foreign Investment Review Board has determined the Commonwealth has no objection to a wholly owned subsidiary of Coca-Cola Amatil (ASX:CCL) Coca-Cola European Partners acquiring up to a 100 per cent interest in the Company.
BlueScope (ASX:BSL) rises on improved outlook
January 29, 2021 00:40 - 39 seconds - 1000 KB29 Jan 2021 - Shares in BlueScope Steel (ASX:BSL) are on the rise this morning, after it announced that it expects earnings before interest and tax for the first half of the 2021 financial year to be around $530 million.
Domino's (ASX:DMP) to voluntarily return JobKeeper payments
January 29, 2021 00:40 - 46 seconds - 1000 KB29 Jan 2021 - Pizza delivery company, Domino's Pizza Enterprises (ASX:DMP) has promised to return all JobKeeper payments received last year.
Marley Spoon (ASX:MMM) Q4 2020 revenue up 95% on PCP
January 28, 2021 21:10 - 33 seconds - 1000 KB29 Jan 2021 - Subscription meal kit provider, Marley Spoon (ASX:MMM) has released an update for the quarter ended 31st December 2020.
Phoslock Environmental Technologies (ASX:PET) appoints new director
January 28, 2021 21:10 - 25 seconds - 1000 KB29 Jan 2021 - Engineering solution provider, [Foss -Lock] Phoslock Environmental Technologies (ASX:PET) has appointed Barry Sechos to the board.
Rio Tinto (ASX:RIO) reveals new management team
January 28, 2021 00:40 - 48 seconds - 1000 KB28 Jan 2021 - Rio Tinto (ASX:RIO) has appointed chief commercial officer Simon Trott as Iron Ore Chief Executive.
Cooper Energy's (ASX:COE) half year production up 76%
January 28, 2021 00:40 - 45 seconds - 1000 KB28 Jan 2021 - Cooper Energy (ASX:COE) report their half year production is up 76% to 1.16 Million Barrels of Oil Equivalent and sales volumes up 86 per cent to 1.21 Million Barrels of Oil Equivalent on increased ole gas production.
Fortescue Metals (ASX:FMG) delivers record iron ore shipments for 2H 2020
January 28, 2021 00:40 - 42 seconds - 1000 KB28 Jan 2021 - Fortescue Metals (ASX:FMG) delivered record iron ore shipments of 90.7 million tonnes in the six months to December beating any half year since the company began.
Oil Search (ASX:OSH) record annual PNG LNG production
January 27, 2021 00:45 - 49 seconds - 1000 KB27 Jan 2021 - Oil Search (ASX:OSH) has delivered a solid quarter, resulting in record annual Papua New Guinea liquefied natural gas production against a backdrop of improving commodity prices.
Atlas Arteria (ASX:ALX) see Q4 traffic down 25.9% on last year
January 27, 2021 00:40 - 50 seconds - 1000 KB27 Jan 2021 - Atlas Arteria (ASX:ALX) said the fourth quarter traffic fell 25.9 per cent compared to the same period a year ago on a weighted average basis. Toll revenue dropped 19.9 per cent in the quarter.
Beach Energy (ASX:BPT) second quarter production down 8%
January 27, 2021 00:20 - 48 seconds - 1000 KB27 Jan 2021 - Beach Energy's (ASX:BPT) quarterly sales volumes were down 8 per cent to 6,444 Kilobarrel Of Oil Equivalent on the prior quarter and 3 per cent on the prior corresponding quarter.
Reliance Worldwide Corporation (ASX:RWC) report net sales up 13%
January 27, 2021 00:20 - 37 seconds - 1000 KB27 Jan 2021 - Plumbing parts business Reliance Worldwide Corporation (ASX:RWC) reports net sales of $642 million, up 13 per cent on the prior corresponding period for the six months to December.
PointsBet (ASX:PBH) appoints Shaquille ONeal as Australian Brand Ambassador
January 25, 2021 00:40 - 58 seconds - 1000 KB25 Jan 2021 - Shaquille O’Neal is set to become online bookmaker PointsBet’s (ASX:PBH) Australian brand ambassador.
Youfoodz (ASX:YFZ) posts strong quarter 2 growth and reaffirms prospectus forecast
January 25, 2021 00:40 - 40 seconds - 1000 KB25 Jan 2021 - Food delivery business Youfoodz says it achieved strong growth and performance across quarter 2 FY21.
Ampol (ASX:ALD) successfully completes $300 million off-market share buy-back
January 24, 2021 23:55 - 32 seconds - 1000 KB25 Jan 2021 - Ampol (ASX:ALD) has successfully completed a $300 million off-market share buy-back.
First patients dosed in Telix Pharmaceutical's (ASX:TLX) Phase 3 US trial
January 24, 2021 23:55 - 48 seconds - 1000 KB25 Jan 2021 - Bio-tech company Telix Pharmaceuticals (ASX:TLX) Phase 3 clinical trial of its renal cancer diagnostic imaging product, Zircon has commenced in the US.
Blackstone Minerals (ASX:BSX) in talks with Trafigura
January 22, 2021 00:00 - 45 seconds - 1000 KB22 Jan 2021 - Blackstone Minerals (ASX:BSX) has signed a non-binding letter of interest with Trafigura for the potential supply of nickel and cobalt products.