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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CSRs (ASX:CSR) profit slides 15%

November 01, 2020 23:10 - 55 seconds - 1000 KB

02 Nov 2020 - Building products supplier CSR’s (ASX:CSR) net profit slid 15 per cent to $58.7 million for the six months to September when compared to the year earlier period.

IAG (ASX:IAG) restructures CEO exits

November 01, 2020 23:10 - 55 seconds - 1000 KB

02 Nov 2020 - IAG’s (ASX:IAG) Australian CEO Mark Milliner will leave the company at the end of November as it splits its Australian business into two arms – Direct Insurance Australia and Intermediated Insurance Australia.

Seek (ASX:SEK) says Blue Orca report inaccurate and unsubstantiated

November 01, 2020 23:10 - 55 seconds - 1000 KB

02 Nov 2020 - Seek (ASX:SEK) says a short-selling report from Blue Orca Capital contains many inaccurate statements and makes allegations of a very serious nature that are unsubstantiated.

DomaCom (ASX:DCL) primed for growth

October 30, 2020 04:00 - 4 minutes - 1000 KB

30 Oct 2020 - DomaCom Limited (ASX:DCL) CEO Arthur Naoumidis provides an update on the company's fractional investing platform, key business drivers for 2020/21, financing and outlook.

Elixinol Global (ASX:EXL) quarterly update, November 2020

October 30, 2020 03:45 - 5 minutes - 1000 KB

30 Oct 2020 - Elixinol Global Limited (ASX:EXL) CEO Oliver Horn provides an update on the company's September quarter results, discussing sales in keys markets, early success with UK and Irish pharmacy agreements and continued improvement from Hemp Food Australia.

Nutritional Growth Solutions's (ASX:NGS) debut success

October 30, 2020 01:30 - 50 seconds - 1000 KB

30 Oct 2020 - Nutritional Growth Solutions (ASX:NGS) debuted on the ASX with a bang today.

Sandfire Resources (ASX:SFR) to buys 85% JV interest in Red Bore

October 29, 2020 23:30 - 48 seconds - 1000 KB

30 Oct 2020 - Sandfire Resources (ASX:SFR) has entered into agreements that will see it acquire an 85% joint venture interest in the Red Bore Copper Project.

Ares takeover bid for AMP (ASX:AMP)

October 29, 2020 23:30 - 55 seconds - 1000 KB

30 Oct 2020 - AMP (ASX:AMP) has confirmed that it received a takeover offer from Ares Management Corporation.

Heartland (ASX:HGH) NPAT up 7.2% YoY

October 29, 2020 23:30 - 55 seconds - 1000 KB

30 Oct 2020 - New Zealand-registered bank, Heartland Group Holdings (ASX:HGH) has released its results for the financial year ended 30 June 2020.

Autohome takeover bid for iCar Asia (ASX:ICQ)

October 29, 2020 23:30 - 45 seconds - 1000 KB

30 Oct 2020 - Automotive portal operator, iCar Asia (ASX:ICQ) has received a non-binding proposal from Autohome Inc. to acquire the shares of iCar for $0.50 cash per share by way of a scheme of arrangement.

Magellan Financial Group (ASX:MFG) complete their investment in FinClear

October 28, 2020 23:35 - 45 seconds - 1000 KB

29 Oct 2020 - Magellan Financial Group (ASX:MFG) has completed its investment in FinClear Holdings.

ANZ (ASX:ANZ) report cash profit down 42%

October 28, 2020 23:35 - 45 seconds - 1000 KB

29 Oct 2020 - ANZ (ASX:ANZ) today announced their Cash Profit for its continuing operations was $3.76 billion, down 42 per cent for the Full Year ending 30 September 2020.

Xplore Wealth (ASX:XPL) in Scheme Implementation Agreement with HUB24

October 27, 2020 23:10 - 45 seconds - 1000 KB

29 Oct 2020 - Xplore Wealth (ASX:XPL) has entered into a binding Scheme Implementation Agreement with HUB24 (ASX:HUB).

PolyNovo (ASX:PNV) pleased to report Taiwan FDA approval

October 27, 2020 23:10 - 55 seconds - 1000 KB

28 Oct 2020 - PolyNovo (ASX:PNV) has announced the approval of NovoSorb BTM by the Taiwan FDA for sale in Taiwan.

Market update with Shaw and Partners, October 2020

October 27, 2020 22:55 - 6 minutes - 1000 KB

28 Oct 2020 - Shaw and Partners Chief Investment Officer Martin Crabb discusses the US election, second coronavirus waves, changes in earnings projections, and the potential of a vaccine, at FNN's Investor Event.

Novatti Group (ASX:NOV) quarterly update, September 2020

October 27, 2020 22:30 - 6 minutes - 1000 KB

28 Oct 2020 - Novatti Group Limited (ASX:NOV) CEO, Peter Cook, provides the September 2020 Quarterly Update on the company, discussing integration of its Emersion acquisition, Visa payment card issuing business and strategic partnerships.

LiveTiles (ASX:LVT) reports annualised recurring revenue up 33% in the last year

October 27, 2020 00:00 - 54 seconds - 1000 KB

27 Oct 020 - LiveTiles (ASX:LVT ) report annualised recurring revenue has grown to $57.1 million, up 33 per cent in the last year.

Evolution Mining (ASX:EVN) see gold sales fall 21% in the last quarter

October 27, 2020 00:00 - 55 seconds - 1000 KB

27 Oct 2020 - Evolution Mining (ASX:EVN) sold 172,759 ounces of gold in the September quarter, 21 per cent below the previous three months.

Blackmores (ASX:BKL) to sell Global Therapeutics for $27 million

October 27, 2020 00:00 - 54 seconds - 1000 KB

27 Oct 2020 - Blackmores (ASX:BKL) is set to divest Global Therapeutics to McPherson’s.

Bravura Solutions (ASX:BVS) signs a long-term contract with Aware Super

October 26, 2020 23:10 - 54 seconds - 1000 KB

27 Oct 2020 - Bravura Solutions (ASX:BVS) has signed a long-term contract with Aware Super for the implementation of an ecosystem of Bravura products, underpinned by Sonata Alta.

Boral (ASX:BLD) to sell 50% interest in USG Boral for $1.43 billion

October 26, 2020 23:10 - 45 seconds - 1000 KB

dd Mmm 2020 - Boral (ASX:BLD) has entered into an agreement with Gebr Knauf KG to sell Boral’s 50 per cent interest in USG Boral for $1.43 billion.

Westpac (ASX:WBC) reveals $1.2b hit to second-half results

October 26, 2020 00:40 - 1 minute - 1000 KB

26 Oct 2020 - Westpac (ASX:WBC) has revealed new charges and provisions worth more than $800m that will combine with previously-announced Austrac penalty matters to take a $1.2billion hit to its second-half earnings.

Zip Co (ASX:Z1P) snaps up Urge Holdings for $3 million

October 26, 2020 00:40 - 35 seconds - 1000 KB

26 Oct 2020 - Zip Co (ASX:Z1P) has bought Sydney-based technology company, Urge Holdings for $3 million.

Carlyle & Pacific Equity Partners up offer for Link (ASX:LNK)

October 26, 2020 00:40 - 40 seconds - 1000 KB

26 Oct 2020 - Carlyle Group and Pacific Equity Partners have upped their offer for Link Administration Holdings to a cash price of $5.40 per share.

Coca Cola (ASX:CCL)receives $9.3b takeover bid from Coca Cola European Partners

October 25, 2020 23:45 - 50 seconds - 1000 KB

26 Oct 2020 - Coca Cola Amatil (ASX:CCL) has received a non-binding indicative proposal from Coca Cola European Partners (CCEP) of $12.75 cash per share for the acquisition of all of the issued shares held by independent shareholders of Amatil pursuant to a scheme of arrangement.

IVE Group (ASX:IGL) inks deal with Australian Community Media

October 25, 2020 23:45 - 31 seconds - 1000 KB

26 Oct 2020 - IVE Group (ASX:IGL) has inked a long-term contract with Australian Community Media (ACM) which is expected to generate revenues of $100 million over the five-year term.

The National Australia Bank (ASX:NAB) report an increase in remediation costs

October 23, 2020 00:00 - 55 seconds - 1000 KB

23 Oct 2020 - National Australia Bank Ltd (ASX:NAB) today announced that second half 2020 earnings will be reduced, amongst other things, by customer-related remediation matters of $380 million before tax.

Qantas (ASX:QAN) report $100 million negtive impact to earnings

October 23, 2020 00:00 - 45 seconds - 1000 KB

23 Oct 2020 - Qantas (ASX:QAN) CEO Alan Joyce says in addition to job losses, they’ve reviewed their property footprint in order to consolidate.

Infigen (ASX:IFN) have signed an agreement with TransGrid for Wallgrove Grid battery

October 22, 2020 23:10 - 45 seconds - 1000 KB

23 Oct 2020 - Infigen (ASX:IFN) has entered into an agreement with TransGrid relating to Infigen’s dispatch of the 50MW/75MWh battery energy storage system that will be built at the Wallgrove substation in New South Wales.

Aus Tin Mining (ASX:ANW) acquire Mackenzie Coal Project

October 22, 2020 23:10 - 54 seconds - 1000 KB

23 Oct 2020 - Aus Tin Mining (ASX:ANW) has signed a binding Term Sheet with Resources and Energy Investments Pty Ltd to acquire its interests in the Mackenzie Coal Project in Queensland’s Bowen Basin.

Alliance (ASX:AQZ) signs contract extension with BHP Olympic Dam

October 22, 2020 00:00 - 47 seconds - 1000 KB

22 Oct 2020 - Alliance (ASX:AQZ) has signed a contract extension with BHP Olympic Dam for a period of three years with two 12-month extension options, permitting a full term of up to five years.

Austal (ASX:ASB) refutes allegations in The Age article

October 22, 2020 00:00 - 55 seconds - 1000 KB

22 Oct 2020 - Austal (ASX:ASB) has responded to a story in The Age referring to an investigation by the Australian Commission for Law Enforcement Integrity (ACLEI) into the conduct of Australian Border Force (ABF) employees.

Centuria (ASX:CNI) buys Visy glass facility in New Zealand

October 21, 2020 23:10 - 37 seconds - 1000 KB

22 Oct 2020 - Centuria (ASX:CNI) has announced the NZ$178.3 million acquisition of the Visy glass facility in Auckland, New Zealand.

Resolute Mining (ASX:RSG) report gold production fell 19%

October 21, 2020 23:10 - 45 seconds - 1000 KB

22 Oct 2020 - Resolute Mining (ASX:RSG) reports their performance during the September quarter reflects the consistent performance of the Mako Gold Mine in Senegal and the impact of industrial action at the Syama Gold Mine in Mali during the quarter.

Megaport (ASX:MP1) report quarterly growth in customers and ports

October 21, 2020 00:00 - 37 seconds - 1000 KB

21 Oct 2020 - Megaport (ASX:MP1) reports record quarterly growth in both customers, up 7 per cent and Ports, up 10 per cent in 1Q FY21, driven by strong demand in North America.

No final dividend payout from MyState (ASX:MYS)

October 21, 2020 00:00 - 55 seconds - 1000 KB

21 Oct 2020 - Tasmania-based financial group MyState (ASX:MYS) recorded statutory net profit after tax of $30 million compared with $31 million in the previous year.

Temple and Webster (ASX:TPW) report revenue up 138%

October 20, 2020 23:15 - 45 seconds - 1000 KB

21 Oct 2020 - Online homewares store Temple and Webster (ASX:TPW) record full year revenue of $176.3 million up 74 per cent on the year before.

Dexus (ASX:DXS) report office occupancy slightly reduced in September quarter

October 20, 2020 23:15 - 55 seconds - 1000 KB

21 Oct 2020 - Dexus (ASX:DXS) reports a fall in occupany in its industrial and office porfolios through the September quarter although it says rent collection is still remaining high.

Lovisa (ASX:LOV) online sales up 400% on pcp

October 20, 2020 00:25 - 48 seconds - 1000 KB

20 Oct 2020 - Lovisa (ASX:LOV) says its sales are continuing to recover through the first few months of the financial year, with its online business seeing triple digit growth.

Tabcorp's (ASX:TAH) Q1 revenue slides 5.7%

October 20, 2020 00:25 - 47 seconds - 1000 KB

20 Oct 2020 - Gambling group Tabcorp’s (ASX:TAH) first quarter revenue fell 5.7 per cent (unaudited) compared to the same period last year.

Hotel group Redcape (ASX:RDC) tops guidance

October 19, 2020 23:45 - 50 seconds - 1000 KB

20 Oct 2020 - Redcape Hotel Group (ASX:RDC) has beat its operating earnings and dividend guidance for the September quarter despite capacity restrictions at pubs and hotels in New South Wales.

Afterpay (ASX:APT) partners with Westpac to offer savings accounts and cash flow tools

October 19, 2020 23:45 - 41 seconds - 1000 KB

20 Oct 2020 - Afterpay (ASX:APT) has partnered with Westpac on its new digital banking platform, which will allow Afterpay customers to use their new savings account to conduct the majority of their money management activities.

Rural Funds Group (ASX:RFF) FY20 results update

October 19, 2020 03:00 - 4 minutes - 1000 KB

19 Oct 2020 - Rural Funds Group Limited (ASX:RFF) General Manager - Investor Relations and Marketing James Powell discusses FY20 highlights, strategy, recent acquisitions and funding, and forecasts.

Home Consortium (ASX:HMC) to appoint Christopher Saxon as Independent Chairman

October 19, 2020 00:40 - 31 seconds - 1000 KB

19 Oct 2020 - Australian property group, Home Consortium (ASX:HMC), has announced that Christopher Saxon will become Independent Chairman from 1 January 2021.

Monadelphous (ASX:MND) profit down $14 million YoY

October 19, 2020 00:40 - 50 seconds - 1000 KB

19 Oct 2020 - Australian engineering group Monadelphous (ASX:MND) has released its annual report for the period ended 30 June 2020.

Metlifecare (ASX:MEQ) $1.3 billion takeover to proceed

October 19, 2020 00:20 - 38 seconds - 1000 KB

19 Oct 2020 - Retirement village operator, Metlifecare (ASX:MEQ) has confirmed this morning that the Takeover Panel will provide it with a ‘no objection’ statement in regards to its scheme of arrangement with Swedish company, Asia Pacific Village Group.

Worley (ASX:WOR) eligible for UKs $540M commercial paper programme

October 19, 2020 00:20 - 29 seconds - 1000 KB

19 Oct 2020 - Global engineering company Worley (ASX:WOR) has confirmed that it is eligible for the Bank of England Covid Corporate Financing Facility, for a $540 million commercial paper programme.

Tilt Renewable (ASX:TLT) production up 43% on PCP

October 15, 2020 23:12 - 45 seconds - 1000 KB

16 Oct 2020 - Tilt Renewable’s (ASX:TLT) production result for the July to September 2020 quarter was 43 per cent above the prior corresponding period, primarily due to the commissioning of the Dundonnell Wind Farm.

Beacon Lighting Group (ASX:BLX) online sale up 156% on PCP

October 15, 2020 23:12 - 45 seconds - 1000 KB

dd Mmm 2020 - Beacon Lighting Group’s (ASX:BLX) group sales have increased 24.3 per cent in the July to September 2020 quarter, compared to the same quarter in 2019. Online sales soared 156 per cent higher for the period.

Shareholder pressure forces more Boral (ASX:BLD) board changes

October 15, 2020 23:12 - 45 seconds - 1000 KB

16 Oct 2020 - Boral (ASX:BLD) is looking to shift up its board composition again following shareholder concerns regarding director accountability for past performance and the level of representation by Seven Group Holdings (ASX:SVW).