Latest Company News - Finance News Network artwork

Latest Company News - Finance News Network

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The latest Company News from Finance News Network.

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Suncorp (ASX:SUN) to take further $125 million provision

November 16, 2020 00:00 - 40 seconds - 1000 KB

16 Nov 2020 - Suncorp (ASX:SUN) report the impact of COVID-19 across Suncorp’s General Insurance portfolio for the first half of the FY21 financial year is expected to be broadly neutral.

Jumbo Interactive (ASX:JIN) secures first government client

November 13, 2020 00:45 - 46 seconds - 1000 KB

13 Nov 2020 - A subsidiary of digital lottery retailer, Jumbo Interactive (ASX:JIN) has today signed an agreement with Lotterywest to provide its online software platform and services for up to the next 10 years.

Quickstep (ASX:QHL) set to buy Boeing Australia Component Repairs

November 13, 2020 00:45 - 36 seconds - 1000 KB

13 Nov 2020 - Quickstep Holdings (ASX:QHL) has agreed to purchase Boeing Defence Australia’s aerospace maintenance, repair and overhaul capability through its wholly-owned subsidiary, Quickstep Aerospace Services.

Another suitor for 3P Learning (ASX:3PL)

November 12, 2020 21:10 - 57 seconds - 1000 KB

13 Nov 2020 - It looks like IXL Learning is going to have some competition in its takeover bid for digital education platform, 3P Learning (ASX:3PL). Think and Learn Private has lobbed a takeover offer for a cash price of $1.45 per share. The Indian education tech company operates under the brand name BYJU.

GetSwift (ASX:GSW) relocates to Canada

November 12, 2020 21:10 - 49 seconds - 1000 KB

13 Nov 2020 - The Federal Court of Australia will hold a hearing for the proposed scheme of arrangement between tech firm GetSwift (ASX:GSW) and its shareholders today, in the company’s bid to redomicile to Columbia, Canada.

Xero Limited (ASX:XRO) reports operating revenue up 21%

November 12, 2020 00:30 - 42 seconds - 1000 KB

12 Nov 2020 - Xero Limited (ASX:XRO) today reports half year earnings to 30 September 2020 with operating revenue up 21 per cent to $409.8 million.

Retail Food Group Limited (ASX:RFG) see Brumbys and Crust Gourmet Pizza do well

November 12, 2020 00:30 - 56 seconds - 1000 KB

12 Nov 2020 - Retail Food Group Limited (ASX:RFG) today announced that, despite trading conditions during FY21 having been affected by Covid-19 and measures implemented by government in response, particularly within Victoria, it had observed a number of positive indicators.

Nine Entertainment Co. (ASX:NEC) report first half earnings up 30%

November 12, 2020 00:30 - 44 seconds - 1000 KB

12 Nov 2020 - Nine Entertainment Co. (ASX:NEC) reports their first half EBITDA, before Specific Items, is currently expected to be up by around 30 per cent, compared to $251 million in the previous corresponding period.

InvoCare Limited (ASX:IVC) acquires two pet cremation businesses

November 11, 2020 21:30 - 46 seconds - 1000 KB

12 Nov 2020 - InvoCare Limited (ASX:IVC) has entered into conditional sales agreements to acquire 100 per cent of the shares of Family Pet Care Pty Limited and the business and assets of Pets in Peace.

Air New Zealand (ASX:AIZ) appoints a new CFO

November 11, 2020 21:30 - 42 seconds - 1000 KB

12 Nov 2020 - Air New Zealand (ASX:AIZ) has appointed Richard Thomson as its next Chief Financial Officer.

Bellevue Gold (ASX:BGL) increases estimates at Bellevue Gold Project

November 10, 2020 23:30 - 32 seconds - 1000 KB

11 Nov 2020 - Bellevue Gold (ASX:BGL) is pleased to announce that the Indicated Resource at its Bellevue Gold Project in Western Australia has increased by 20 per cent to 1.04 million ounces gold at 11.4 gold per tonne.

Australian Strategic Materials (ASX:ASM) successfully produce magnet metal alloy

November 10, 2020 23:30 - 45 seconds - 1000 KB

11 Nov 2020 - Australian Strategic Materials’ (ASX:ASM) Ziron Tech team in Korea has successfully produced 200kg of FeNd, a key rare earth alloy used to produce sintered permanent magnets (via powder metallurgy).

Firefinch Limited (ASX:FFX) acquires 80% interest in Morila gold mine

November 10, 2020 23:30 - 43 seconds - 1000 KB

11 Nov 2020 - Firefinch Limited (ASX:FFX) formerly Mali Lithium, has completed the acquisition of an 80 per cent interest in the Morila gold mine in Mali.

Infratil (ASX:IFT) report satisfaction of intial condition for Qscan

November 10, 2020 21:25 - 1 minute - 1000 KB

11 Nov 2020 - Last month infrastructure investment company Infratil Limited (ASX:IFT) announced that it had executed a conditional binding offer to acquire up to 60 per cent of Qscan Group Holdings Pty Ltd from Quadrant Private Equity and existing doctor and management shareholders, for total cash equity consideration of up to $330 million.

The Flight Centre Travel Group (ASX:FLT) seeking to raise $400 million

November 10, 2020 21:25 - 1 minute - 1000 KB

11 Nov 2020 - The Flight Centre Travel Group (ASX:FLT) launched an offering of $400 million senior unsecured convertible notes due 2027, which are convertible into fully paid ordinary shares in Flight Centre.

Transurban (ASX:TCL) fails to secure Elizabeth River Crossing assets

November 09, 2020 23:20 - 43 seconds - 1000 KB

10 Nov 2020 - Transurban (ASX:TCL) have failed in their bid to acquire the Elizabeth River Crossings asset in south-eastern Virginia, USA.

LiveTiles (ASX:LVT) launches a new product called LiveTiles Vibe

November 09, 2020 23:20 - 35 seconds - 1000 KB

10 Nov 2020 - LiveTiles (ASX:LVT) has announced the launch of a new product called LiveTiles Vibe, which will help drive significant customer pipeline.

Vitalharvest (ASX:VTH) to consider Macquarie Infrastructure and Real Assets proposal

November 09, 2020 23:20 - 56 seconds - 1000 KB

10 Nov 2020 - Vitalharvest (ASX:VTH) received a conditional proposal from an agricultural fund managed by Macquarie Infrastructure and Real Assets (MIRA) to acquire the trust's units at $1 a share by way of a scheme or to purchase the assets for $300 million in cash.

Tilt Renewables Limited (ASX:TLT) report Dundonnel Wind Farm is to increase output

November 09, 2020 21:10 - 59 seconds - 1000 KB

10 Nov 2020 - Tilt Renewables Limited (ASX:TLT) reports that Dundonnell Wind Farm in Western Victoria has been cleared being cleared, today, to increase output to 226MW with all 80 turbines able to operate and export energy within that total output cap.

Fletcher Building (ASX:FBU) report demand for new houses has been robust

November 09, 2020 21:10 - 59 seconds - 1000 KB

10 Nov 2020 - Fletcher Building (ASX:FBU) report today that Group revenues are up 1 per cent in the trading for the four months ended 31 October 2020 compared to the four months ended 31 October 2019.

Jumbo Interactive's (ASX:JIN) UK acquisition reaches earn-out target

November 09, 2020 00:20 - 30 seconds - 1000 KB

09 Nov 2020 - Lotto operator Jumbo Interactive (ASX:JIN) says its UK acquisition of UK lottery provider Gatherwell has exceeded revenue and profit targets to trigger the first earn-out payment of £1,000,000.

BHP (ASX:BHP) completes Shenzi Transaction

November 09, 2020 00:20 - 51 seconds - 1000 KB

09 Nov 2020 - BHP (ASX:BHP) has completed the transaction to acquire an additional 28 per cent working interest in Shenzi from Hess Corporation for US$505 million.

Summerset (ASX:SNZ) Chief Executive announces retirement, new Chief Executive appointed

November 08, 2020 23:45 - 42 seconds - 1000 KB

09 Nov 2020 - Chief Executive, Julian Cook, today announced his retirement from Summerset (ASX:SNZ) after more than 10 years and seven as Chief Executive.

Karoon Energy (ASX:KAR) completes Bana acquisition

November 08, 2020 23:45 - 46 seconds - 1000 KB

09 Nov 2020 - Karoon Energy’s subsidiary, Karoon Petróleo & Gás has completed the acquisition of the Baúna oil field located in the Santos Basin, offshore Brazil.

Actinogen Medical (ASX:ACW) tackling Alzheimer's by inhibiting excess cortisol production in the brain

November 08, 2020 22:55 - 5 minutes - 1000 KB

11 Nov 2020 - Actinogen Medical Limited (ASX:ACW) Managing Director and CEO Dr Bill Ketelbey provides an update on the company, discussing its lead drug candidate Xanamem, clinical trial roadmap and entitlement offer to raise up to $4.9m.

AMP (ASX:AMP) appoints new director

November 06, 2020 00:35 - 34 seconds - 1000 KB

06 Nov 2020 - AMP (ASX:AMP) has appointed Kathryn McKenzie as an independent, non-executive director to the AMP Board effective from the 18th of November 2020.

OFX Group (ASX:OFX) and WiseTech Global (ASX:WTC) team up

November 06, 2020 00:35 - 46 seconds - 1000 KB

06 Nov 2020 - OFX will become WiseTech’s preferred provider for international payments.

Suncorp (ASX:SUN) receives over 6,000 claims after last weekend's hailstorms

November 06, 2020 00:35 - 46 seconds - 1000 KB

06 Nov 2020 - Suncorp (ASX:SUN) currently estimates that total natural hazard costs across Australia and New Zealand for the four-month period to 31 October 2020, will be between $348 and $408 million.

ACCC investigates iSelect (ASX:ISU) acquisitions

November 05, 2020 20:55 - 55 seconds - 1000 KB

06 Nov 2020 - The Australian Competition and Consumer Commission has launched an investigation into acquisitions made by Innovation Holdings Australia.

Over The Wire Holdings (ASX:OTW) re-elects John Puttick and Catherine Aston

November 05, 2020 20:50 - 33 seconds - 1000 KB

06 Nov 2020 - Telecom and IT company, Over The Wire Holdings (ASX:OTW) published the results of its AGM last night.

Noxopharm Limited (ASX:NOX) help establish dedicated septic shock company

November 05, 2020 00:00 - 53 seconds - 1000 KB

05 Nov 2020 - Clinical-stage drug development company Noxopharm Limited (ASX:NOX) has partnered with Hudson Institute of Medical Research and a collaboration with The Australian National University that has led to the formation of the new Australian drug development company called Pharmorage Pty Ltd.

Baby Bunting (ASX:BBN) temporarily close distribution centre on insect find

November 05, 2020 00:00 - 34 seconds - 1000 KB

05 Nov 2020 - Baby Bunting’s (ASX:BBN) Dandenong South Distribution Centre has been closed temporarily for inspection and treatment after finding insects in a shipping container.

Cedar Woods (ASX:CWP) see presales boost financial year 2021

November 04, 2020 21:25 - 48 seconds - 1000 KB

05 Nov 2020 - Property developer Cedar Woods (ASX:CWP) held their annual general meeting and reported a net profit after tax of $20.9 million down 57 per cent on last year’s profit.

Bendigo and Adelaide Bank (ASX:BEN) completes the bookbuild of Capital Notes

November 04, 2020 21:25 - 49 seconds - 1000 KB

05 Nov 2020 - Bendigo and Adelaide Bank (ASX:BEN) has successfully completed the Bookbuild for its offer of Capital Notes.

Shriro Holdings (ASX:SHM) 1H20 results & outlook

November 04, 2020 21:00 - 5 minutes - 1000 KB

05 Nov 2020 - Shriro Holdings Limited (ASX:SHM) CEO Tim Hargreaves talks 1H20 results, demand for the company's range kitchen appliances and consumer goods, the impact of COVID-19, strategy and outlook.

Eagers Automotive (ASX:APE) to aquire Castle Hill Site in Sydney

November 04, 2020 00:00 - 54 seconds - 1000 KB

04 Nov2020 - Eagers Automotive (ASX:APE) has entered into an agreement to acquire a property in Castle Hill for $76.25 million.

Santos, (ASX:STO) signs new gas deal with WA-based Kleenheat

November 04, 2020 00:00 - 55 seconds - 1000 KB

04 Nov 2020 - Santos, (ASX:STO) Western Australia’s biggest domestic gas producer, today announced a new gas sales agreement to supply natural gas to Western Australian energy solutions provider, Kleenheat.

Eagers Automotive (ASX:APE) ro aquire Castle Hill Site in Sydney

November 04, 2020 00:00 - 54 seconds - 1000 KB

04 Nov2020 - Eagers Automotive (ASX:APE) has entered into an agreement to acquire a property in Castle Hill for $76.25 million.

Woolworths (ASX:WOW) report their first quarter sales are up 12.3%

November 04, 2020 00:00 - 54 seconds - 1000 KB

04 Nov 2020 - Woolworths (ASX:WOW) posted first quarter sales of $17.9 billion, up 12.3 per cent compared to a year ago.

BluGlass (ASX:BLG) operational update

November 03, 2020 21:45 - 4 minutes - 1000 KB

04 Nov 2020 - BluGlass Limited (ASX:BLG) Managing Director and CEO Giles Bourne discusses the company's contract with DARPA and Yale University, and development of its laser diode business.

Pushpay (ASX:PPH) report NPAT is up 107 per cent

November 03, 2020 21:40 - 56 seconds - 1000 KB

04 Nov 2020 - Pushpay (ASX:PPH) increased operating revenue by US$29.6 million for the six months ended 30 September 2020, when compared to the prior comparable period, from US$56.0 million to US$85.6 million, an increase of 53 per cent.

AFT Pharmaceuticals (ASX:AFP) signs an agreement with Setek

November 03, 2020 21:40 - 41 seconds - 1000 KB

04 Nov 2020 - AFT Pharmaceuticals (ASX:AFP) and medicinal cannabis company SETEK today announce an agreement which will see SETEK provide Good Manufacturing Practice (GMP) quality pharmaceutical-grade medicinal cannabis ingredients to AFT.

The IVE Group (ASX:IGL) finalises contract with Australian Community Media

November 03, 2020 00:45 - 31 seconds - 1000 KB

03 Nov 2020 - The IVE Group (ASX:IGL) has finalised the long term, 5 year contract with Australian Community Media that is expected to generate around $100 million revenue over the life of the contract.

Latin Resources (ASX:LRS) - diversified explorer

November 03, 2020 00:00 - 3 minutes - 1000 KB

03 Nov 2020 - Latin Resources Limited (ASX:LRS) Executive Director Chris Gale provides an update on projects in South America and Australia, strategy and outlook.

Senex Energy (ASX:SXY) announces sale of Cooper Basin business

November 02, 2020 23:50 - 40 seconds - 1000 KB

03 Nov 2020 - Senex Energy (ASX:SXY) has entered into a binding agreement with Beach Energy Ltd (ASX:BPT) to sell its South Australian Cooper Basin assets for $87.5 million cash consideration.

Australian Strategic Materials (ASX:ASM) completes acquisition Ziron tech

November 02, 2020 23:50 - 55 seconds - 1000 KB

03 Nov 2020 - Australian Strategic Materials (ASX:ASM), through its subsidiary ASM Technology Corporation, has successfully completed the acquisition of 95 per cent of its joint venture partner Ziron Tech.

Propel Funeral Partners (ASX:PFP) complete acquisition of the Dils Group

November 02, 2020 21:15 - 56 seconds - 1000 KB

03 Nov 2020 - Propel Funeral Partners (ASX:PFP) has completed the acquisition of the companies that own and operate the businesses trading as Dils Funeral Services, Schnapper Rock Cremations and Rowley Funeral Services, and certain freehold properties.

AngloGold Ashanti (ASX:AGG) doubles dividend payout ratio

November 02, 2020 21:15 - 1 minute - 1000 KB

03 Nov 2020 - AngloGold Ashanti (ASX:AGG) delivered a near fourfold increase in free cash flow in the third quarter of 2020, driving its Adjusted net debt to its lowest level in almost a decade.

Acorn Capital Investment Fund (ASX:ACQ) delivering strong performance

November 02, 2020 05:05 - 5 minutes - 1000 KB

02 Nov 2020 - Acorn Capital Investment Fund (ASX:ACQ) Portfolio Manager Robert Bruce discusses how to manage investments in the current environment.

Lovisa (ASX:LOV) to shut 64 stores across Europe and the UK

November 01, 2020 23:15 - 55 seconds - 1000 KB

02 Nov 2020 - Lovisa (ASX:LOV) will shut 64 stores across Europe and the UK as a result of fresh lockdowns introduced by the French and British government.