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Latest Company News - Finance News Network
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New Hope (ASX:NHC) cuts 75% of jobs at corporate office
October 15, 2020 23:12 - 56 seconds - 1000 KB16 Oct 2020 - New Hope Corporation (ASX: NHC) is undergoing a major restructure with up to 75% of the workforce at its corporate office to be made redundant by the end of November 2020.
Suncorp (ASX:SUN) NZ Interim Chief made permanent
October 15, 2020 00:30 - 34 seconds - 1000 KB15 Oct 2020 - Suncorp Group (ASX:SUN)’s New Zealand Interim Chief Executive Kimmy Higgins has received a permanent appointment for his position, effective immediately.
Pro Medicus (ASX:PME) secures $10m deal with LMU of Munich
October 15, 2020 00:30 - 43 seconds - 1000 KB15 Oct 2020 - Imaging solutions provider, Pro Medicus (ASX:PME) has secured a $10-million deal with Ludwig Maximilian University of Munich to provide its Visage-7 technology.
TNG (ASX:TNG) secures life-of-mine agreement with Gunvor
October 14, 2020 23:35 - 43 seconds - 1000 KB15 Oct 2020 - Resources company TNG (ASX:TNG) has reached a life-of-mine Offtake and Marketing Agreement with Singapore-based major commodity trader Gunvor.
Education Australia (ASX:IEL) explores options to support COVID-hit Australian universities
October 14, 2020 23:35 - 42 seconds - 1000 KB15 Oct 2020 - International study facilitator IDP Education (ASX:IEL) has received notification from parent company Education Australia about discussions with 38 university shareholders about capital realisation options.
AUSTRAC decides against taking further action against Afterpay (ASX:APT)
October 13, 2020 23:15 - 35 seconds - 1000 KB14 Oct 2020 - Buy now pay later company Afterpay (ASX:APT) says AUSTRAC has considered an audit into the company’s compliance with anti-money laundering and counter-terrorism regulation and “will not be taking any further regulatory action”.
Bank of Queensland (ASX:BOQ) posts 30% decline in cash net profits but resumes paying dividends
October 13, 2020 23:15 - 45 seconds - 1000 KB14 Oct 2020 - Bank of Queensland (ASX:BOQ) has posted a 30 per cent decline in cash net profits for FY20 to $225 million.
James Hardie (ASX:JHX) raises guidance
October 13, 2020 23:15 - 45 seconds - 1000 KB14 Oct 2020 - James Hardie (ASX:JHX) raised its FY21 net operating profit guidance range to between US$380 million and US$420 million, from a previous guide of US$330 million and US$390 million.
Sonic Healthcare (ASX:SHL) September quarter earnings up 71%
October 13, 2020 23:15 - 45 seconds - 1000 KB14 Oct 2020 - Sonic Healthcare’s revenue rose 29 per cent to $2.14 billion in the September quarter compared to the same time last year as the company benefited from a surge in COVID-19 testing.
Unibail-Rodamco-Westfield (ASX:URW) to sell the SHiFT office building for 620m
October 12, 2020 23:12 - 45 seconds - 1000 KB13 Oct 2020 - Unibail-Rodamco-Westfield (ASX:URW) has inked a deal with a consortium of French institutional investors (Primonial REIM, La Française and EDF Invest) for the sale of its SHiFT office building for €620 million.
iSelect (ASX:ISU) posts bumper first quarter earnings
October 12, 2020 23:12 - 45 seconds - 1000 KB13 Oct 2020 - Comparison website iSelect (ASX:ISU) first-quarter earnings (EBITDA) have jumped to $8.1 million compared to $1.7 million for the year-earlier period.
Oceanagold (ASX:OGC) axes 496 Philippines employees
October 12, 2020 23:12 - 35 seconds - 1000 KB13 Oct 2020 - OceanaGold Corporation (ASX:OGC) has permanently laid off 496 of its Philippines employees. The employees are predominantly from local communities.
CBA (ASX:CBA) Chairman says Australia's largest bank has a resilient balance sheet
October 12, 2020 23:12 - 50 seconds - 1000 KB13 Oct 2020 - CBA (ASX:CBA) Chairman Catherine Livingstone says Australia’s largest bank has a resilient balance sheet noting the year ahead will involve challenges and uncertainty. She says the Bank faces this environment in a strong position.
CSR Limited (ASX:CSR) to sell Horsley Park land for $84.3 million
October 12, 2020 00:00 - 54 seconds - 1000 KB12 Oct 2020 - CSR Limited (ASX:CSR) today announced the sale of 8.6 hectares of the third tranche of land at Horsley Park, NSW for total proceeds of $84.3 million.
Link Administration Holdings (ASX:LNK) in proposal to acquire Link group
October 12, 2020 00:00 - 54 seconds - 1000 KB12 Oct 2020 - Link Administration Holdings (ASX:LNK) has received a conditional, nonbinding indicative proposal from a consortium with Pacific Equity Partners, Carlyle Group and their affiliates to acquire 100 per cent of the shares in Link Group.
Bravura Solutions (ASX:BVS) acquires Delta Financial Systems
October 11, 2020 23:12 - 45 seconds - 1000 KB12 Oct 2020 - Bravura Solutions (ASX:BVS) has bought UK software company Delta for $41.5 million.
Bapcor (ASX:BAP) see revenue rise 27% in first quarter
October 11, 2020 23:12 - 45 seconds - 1000 KB12 Oct 2020 - Automotive parts, accessories company Bapcor (ASX:BAP) report revenue is up 27 per cent in the first quarter despite the lockdowns in Victoria and Auckland.
Noxopharm (ASX:NOX) announces first COVID-19 patient treated in Veyonda study
October 09, 2020 02:05 - 6 minutes - 1000 KB09 Oct 2020 - Noxopharm Limited (ASX:NOX) Chief Medical Officer Dr Gisela Mautner provides an update on the company's lead drug candidate Veyonda in its DARRT program and discusses a new trial program for COVID-19.
CIMIC Group (ASX:CIM) NPAT $474 million for Jan to Sep 2020
October 09, 2020 00:45 - 52 seconds - 1000 KB09 Oct 2020 - CIMIC Group (ASX:CIM) has released its results for the nine months to 30 September 2020. Net profit after tax was $474 million.
Charter Hall (ASX:CQE) acquires Queensland hospital for $122.5 million
October 09, 2020 00:45 - 52 seconds - 1000 KB09 Oct 2020 - Charter Hall Social Infrastructure REIT (ASX:CQE) has entered into an agreement to acquire 14 Stratton Street, Newstead, Queensland for $122.5 million.
Newcrest (ASX:NCM) to spend $236 million on Cadia expansion & Lihir project
October 09, 2020 00:30 - 43 seconds - 1000 KB09 Oct 2020 - The board of Newcrest Mining (ASX:NCM) has approved two projects, which will now move to the execution phase.
Strike Energy (ASX:STX) secures $28 million funding facility
October 09, 2020 00:30 - 54 seconds - 1000 KB09 Oct 2020 - Oil and gas exploration company Strike Energy (ASX:STX) has finalised terms with Macquarie Bank for a $28 million, two year, secured debt facility to cover appraisal drilling and long lead items for the development of the West Erregulla Phase 1 Project.
Bigtincan Holdings (ASX:BTH) acquires Danish company, Agnitio
October 08, 2020 00:35 - 45 seconds - 1000 KB08 Oct 2020 - Bigtincan Holdings (ASX:BTH) has entered into a binding Share Sale and Purchase Agreement with Agnitio, a Danish company.
Transurban (ASX:TCL) report traffic is down 25% in September quarter
October 08, 2020 00:35 - 48 seconds - 1000 KB08 Oct 2020 - Transurban (ASX:TCL) shows average daily traffic for the September quarter decreased by 25.2 per cent.
CSL (ASX:CSL) signs Covid-19 agreement with government
October 07, 2020 23:50 - 1 minute - 1000 KB08 Oct 2020 - CSL (ASX:CSL) subsidiary, Seqirus, has signed a final agreement with the Commonwealth of Australia for the supply of 51 million doses of the University of Queensland-CSL Covid-19 vaccine candidate, should clinical trials be successful.
Sezzle Inc. (ASX:SZL) posts record quarter
October 07, 2020 23:50 - 57 seconds - 1000 KB08 Oct 2020 - Installment payment platform Sezzle Inc. (ASX:SZL) reports record third quarter 2020 results with underlying merchant sales increasing 231.5 per cent year on year to $318 million.
UBS retains buy rating on Costa Group (ASX:CGC)
October 07, 2020 00:30 - 40 seconds - 1000 KB07 Oct 2020 - Investment bank UBS has maintained its buy rating on fruit and vegetable wholesaler Costa Group (ASX:CGC).
AGL (ASX:AGL) expects FY21 earnings in range of $560-$660m
October 07, 2020 00:30 - 50 seconds - 1000 KB07 Oct 2020 - AGL (ASX:AGL) has confirmed that it expects earnings in a range of $560 million to $660 mllion in financial year 2021.
Magellan (ASX:MFG) inflows continue upwards growth
October 07, 2020 00:00 - 53 seconds - 1000 KB07 Oct 2020 - Magellan Financial Group's (ASX:MFG) funds under management increased by 1.2 per cent to $102.1 billion through September.
ARB (ASX:ARB) posts Q1 sales growth of 17.7%
October 07, 2020 00:00 - 43 seconds - 1000 KB07 Oct 2020 - 4WD accessory manufacturer and distributor ARB Corporation (ASX:ARB) has posted unaudited sales revenue growth of 17.7 per cent for the first quarter of FY21 compared with the year earlier period.
BHP (ASX:BHP) in $701 million Shenzi deal
October 06, 2020 00:00 - 32 seconds - 1000 KB06 Oct 2020 - BHP (ASX:BHP) has signed to acquire an additional 28 per cent working interest in Shenzi, a six-lease development in the deepwater Gulf of Mexico.
Centuria Industrial REIT (ASX:CIP) buys a Queensland cold storage facility
October 06, 2020 00:00 - 55 seconds - 1000 KB06 Oct 2020 - Centuria Property Funds No.2 as Responsible Entity of Centuria Industrial REIT (ASX:CIP) has bought acold storage facility in Queensland, for $43 million.
Northern Star Resources (ASX:NST) set to merge with Saracen Mineral Holdings (ASX:SAR)
October 05, 2020 23:12 - 45 seconds - 1000 KB06 Oct 2020 - Northern Star Resources (ASX:NST) and Saracen Mineral Holdings (ASX:SAR) have agreed to a merger-of-equals to create a top-10 global gold miner.
The Baby Bunting Group (ASX:BBN) report strong sales for the first quarter
October 05, 2020 23:12 - 54 seconds - 1000 KB06 Oct 2020 - The Baby Bunting Group (ASX:BBN) total sales growth up 11.8 per cent versus the prior corresponding period.
Sequoia Financial Group (ASX:SEQ) confirm DRP issue price for 2020 final dividend
October 05, 2020 00:40 - 49 seconds - 1000 KB05 Oct 2020 - Sequoia Financial Group (ASX:SEQ) advises that the issue price of shares to be issued to shareholders who have elected to participate in Sequoia’s Dividend Reinvestment Plan (DRP) for the 2020 final dividend has been calculated as $0.3396 per share.
Nova Minerals (ASX:NVA) report Korbel gold mineral resource increases to 3.3Moz
October 05, 2020 00:40 - 35 seconds - 1000 KB05 Oct 2020 - Nova Minerals (ASX:NVA) is pleased to provide an update on its resource estimate, within the Company's flagship Estelle Gold Project located in the prolific Tintina Gold Belt.
Karoon Energy (ASX:KAR) move forward with Bauna acquisition
October 04, 2020 23:30 - 35 seconds - 1000 KB05 Oct 2020 - Karoon Energy (ASX:KAR) report that significant progress has been made towards obtaining approval from the Brazilian National Agency for Petroleum, Natural Gas and Biofuels (ANP).
SEEK (ASX:SEK) appoint Professor Linda Kristjanson AO to the board
October 04, 2020 23:30 - 54 seconds - 1000 KB05 Oct 2020 - SEEK (ASX:SEK) is pleased to announce the appointment of Professor Linda Kristjanson AO as a non-executive Director.
600 jobs lost as Collins Foods (ASX:CKF) closes Sizzler in Australia
October 02, 2020 00:15 - 50 seconds - 1000 KB02 Oct 2020 - Collins Foods (ASX:CKF) has announced the end of an era with its 9 remaining Sizzler restaurants in Australia scheduled to permanently close by 15 November 2020.
nib Holdings (ASX:NHF) annual NPAT down 40%
October 02, 2020 00:15 - 45 seconds - 1000 KB02 Oct 2020 - NiB group revenue grew 3.4% to $2.5 billion.
Mainstream Group Holdings (ASX:MAI) FY20 results & outlook
September 30, 2020 03:10 - 7 minutes - 1000 KB30 Sep 2020 - Mainstream Group Holdings Limited (ASX:MAI) CEO Martin Smith provides an update on the company's FY20 results, the impact of COVID-19, strategy and outlook.
Nuheara (ASX:NUH) launches next generation IQbuds2 MAX
September 30, 2020 01:45 - 5 minutes - 1000 KB30 Sep 2020 - Nuheara Limited (ASX:NUH) Managing Director & CEO Justin Miller provides an update on the company's range of innovative audio wearables, changes in its marketing and distribution as a result of COVID19, financial position and outlook.
Elixinol Global (ASX:EXL) trading update, positives in all regions
September 29, 2020 00:20 - 7 minutes - 1000 KB29 Sep 2020 - Elixinol Global Limited (ASX:EXL) CEO Oliver Horn provides an updates on trading conditions across the company's key markets, its new distribution agreement in the UK with the Well Pharmacy Group, and early success with its CBD (cannabidiol) skincare range.
Respiri (ASX:RSH) asthma care beyond the clinic
September 28, 2020 05:00 - 5 minutes - 1000 KB28 Sep 2020 - Respiri Limited (ASX:RSH) CEO Marjan Mikel discusses clinical results from the company's innovative asthma management tool wheezo, a combination eHealth app and handheld device, as well as the company's strategy and outlook.
Cyclopharm (ASX:CYC) Technegas Phase 3 Trial meets primary endpoint
September 28, 2020 03:00 - 5 minutes - 1000 KB28 Sep 2020 - Cyclopharm Limited (ASX:CYC) Managing Director and CEO James McBrayer provides an update on the company's US Phase 3 trial for Technegas, and USFDA approval process timeline, with commercial sales expected in the US for 2021.
Market update with Shaw and Partners, September 2020
September 23, 2020 04:45 - 7 minutes - 1000 KB23 Sep 2020 - Shaw and Partners Chief Investment Officer Martin Crabb discusses signs of market recovery, government support, coronavirus vaccines and small cap performance.
Factoring climate change risks into financial valuations
September 23, 2020 02:15 - 12 minutes - 1000 KB23 Sep 2020 - Clayton Utz Partner Brendan Bateman discusses climate change risks, the legal duties of directors and how to factor such risks into financial valuations.