Record-breaking run ends as Infotech drags on the market: ASX closed 0.2% lower

Record-breaking run ends as Infotech drags on the market: ASX closed 0.2% lower

21 Jan 2020 - The local bourse failed to move into positive territory closing 0.2% lower. Tech losses are led by Wisetech Global (ASX:WTC) and Technology One (ASX:TNE). HUB24 (ASX:HUB) shares are down despite posting record first half net inflows ...
Finance News Network
Orocobre (ASX:ORE) shares on the decline despite new deals: ASX tracking 0.4% lower at noon

Orocobre (ASX:ORE) shares on the decline despite new deals: ASX tracking 0.4% lower at noon

21 Jan 2020 - The ASX fell at the open and has failed to gather momentum throughout the morning so far is now tracking 0.4% lower at noon. Orocobre (ASX:ORE) shares are on the decline – this comes as they reported yesterday they have signed two ne...
Finance News Network
MACA (ASX:MLD) plans to stop operations in Brazil

MACA (ASX:MLD) plans to stop operations in Brazil

21 Jan 2020 - MACA (ASX:MLD) says it will stop operations in Brazil from this month.
Finance News Network
Data# 3 (ASX:DTL) expects to hit top end of guidance

Data# 3 (ASX:DTL) expects to hit top end of guidance

21 Jan 2020 - Australian business technology solutions leader Data# 3 (ASX:DTL) expects to hit the top end of its guidance for net profit before tax of between $11 million to $12.5 million in the six months to December 31.
Finance News Network
Splitit Payments (ASX:SPT) names CEO Brad Paterson as managing director

Splitit Payments (ASX:SPT) names CEO Brad Paterson as managing director

21 Jan 2020 - Monthly instalment payment company, Splitit Payments (ASX:SPT) reports that Chief Executive Officer, Brad Paterson has been appointed to the Board as Managing Director, along with Jan Koelble who has joined as an independent Non-Exec...
Finance News Network
Pact Group Holdings (ASX:PGH) plan to divest its Contract Manufacturing division

Pact Group Holdings (ASX:PGH) plan to divest its Contract Manufacturing division

21 Jan 2020 - Pact Group Holdings (ASX:PGH) has started a sale process in respect of its Contract Manufacturing division.
Finance News Network
MMA Offshore (ASX:MRM) appoints new non-executive director

MMA Offshore (ASX:MRM) appoints new non-executive director

21 Dec 2020 - MMA Offshore (ASX:MRM) has appointed Ian Macliver as a Non-Executive Director of the Company with effect from today.
Finance News Network
BHP (ASX:BHP) coal output hit by poor air quality from bushfires

BHP (ASX:BHP) coal output hit by poor air quality from bushfires

21 Jan 2020 - BHP (ASX:BHP) released figures for their operational review for the year ending 31St December 2019 with showing energy coal production decreased by 12 per cent to 12 Million Tonnes.
Finance News Network
Martin Luther King Day leaves markets muted: ASX poised to open flat

Martin Luther King Day leaves markets muted: ASX poised to open flat

21 Jan 2020 - A US holiday yesterday, Martin Luther King day, saw muted markets leaving the ASX poised to open flat. BHP (ASX:BHP) will release its half year operational review later this morning. Stay tuned for those results. On the commodities f...
Finance News Network
New Hope (ASX:NHC) served with HCA special leave application: Aus shares close 0.2% higher

New Hope (ASX:NHC) served with HCA special leave application: Aus shares close 0.2% higher

20 Jan 2020 - It’s been an upbeat day of trade, with the ASX200 finishing 0.2 per cent higher despite a mid-session dip. This marks the 5th consecutive session of gains for the local bourse. The Materials sector led the gains, bolstered by strong ...
Finance News Network
New Energy Solar (ASX:NEW) considers expansion of asset sale: Aus shares 0.3% higher at noon

New Energy Solar (ASX:NEW) considers expansion of asset sale: Aus shares 0.3% higher at noon

20 Jan 2020 - The Australian share market opened slightly lower this morning. It jumped in the first twenty minutes of trade, has been tracking sideways into the mid-session and is now tracking 0.3% higher. Shares in Nib Holdings (ASX:NHF) were hi...
Finance News Network
G Medical Innovations (ASX:GMV) secured Taiwan FDA approval

G Medical Innovations (ASX:GMV) secured Taiwan FDA approval

20 Jan 2020 - Medical product provider, G Medical Innovations (ASX:GMV) has secured regulatory approval from the Taiwan Food and Drug Administration for its Prizma device.
Finance News Network
Nib (ASX: NHF) downgrades profit guidance

Nib (ASX: NHF) downgrades profit guidance

20 Jan 2020 - Nib Holdings (ASX:NHF) has downgraded its profit guidance for the 2020 financial year.
Finance News Network
Kogan (ASX:KGN) achieves record sales

Kogan (ASX:KGN) achieves record sales

20 Jan 2020 - Diversified online retailer, Kogan.com (ASX:KGN) has recorded the highest half yearly gross sales and gross profit in the company’s history.
Finance News Network
Resolute Mining (ASX:RSG) adds to $US gold hedge book

Resolute Mining (ASX:RSG) adds to $US gold hedge book

20 Jan 2020 - Resolute Mining (ASX:RSG) has forward sold an additional 37,200 ounces of gold at an average price of US$1,562 per ounce.
Finance News Network
Lynas (ASX:LYC) defends High Court proceedings: Aus shares to open higher

Lynas (ASX:LYC) defends High Court proceedings: Aus shares to open higher

20 Jan 2020 - The ASX is set to open higher following strong leads from Europe and US markets. US major indices inked fresh record highs on Friday fuelled by tech stocks, robust retail data and positive sentiment generated from the US-China phase ...
Finance News Network
Macquarie downgrades Magellan (ASX:MFG): Aus shares 0.5% higher at noon

Macquarie downgrades Magellan (ASX:MFG): Aus shares 0.5% higher at noon

17 Jan 2020 - The Australian share market is tracking 0.5% higher at noon. Macquarie has downgraded Magellan Financial Group (ASX:MFG) from a neutral to an underperform, with a 12-month price target of $55.00.
Finance News Network
Nufarm (ASX:NUF) manages investor expectations ahead of results

Nufarm (ASX:NUF) manages investor expectations ahead of results

17 Jan 2020 - Australian agri chemical company, Nufarm (ASX:NUF) has given an update on market conditions experienced during its first half-year ending 31 January 2020, ahead of its results.
Finance News Network
Bailador (ASX:BTI) to sell $10M holding in SiteMinder

Bailador (ASX:BTI) to sell $10M holding in SiteMinder

17 Jan 2020 - Tech and media investor, Bailador Technology Investments (ASX:BTI) has agreed to sell around $10 million of its current holding in hotel guest acquisition platform, SiteMinder.
Finance News Network
PSC Insurance Group (ASX:PSI) increases initial payment price for Paragon acquisition

PSC Insurance Group (ASX:PSI) increases initial payment price for Paragon acquisition

17 Jan 2020 - Risk management and insurance broker, PSC Insurance Group (ASX:PSI) has provided an update on the performance of its acquisition target Paragon.
Finance News Network
Sezzle’s (ASX:SZL) California lending license approved

Sezzle’s (ASX:SZL) California lending license approved

17 Jan 2020 - The State of California Department of Business Oversight has granted US-based alternative payments leader, Sezzle (ASX:SZL) a lending license in the State of California.
Finance News Network
Saleable coal production up 15% in Q4 for Yancoal Australia (ASX:YAL)

Saleable coal production up 15% in Q4 for Yancoal Australia (ASX:YAL)

17 Jan 2020 - Yancoal Australia (ASX:YAL) has released its quarterly activities report for the period ending 31 December 2019.
Finance News Network
Tungsten Mining (ASX:TGN) says latest assay results are "outstanding"

Tungsten Mining (ASX:TGN) says latest assay results are "outstanding"

17 Jan 2020 - Tungsten Mining NL (ASX:TGN) has given an update on drilling at the Mt Mulgine Project. The Company says these latest assay results are “outstanding and demonstrate intersections greater that 200 metres in true width”.
Finance News Network
Record day on ASX - passing 7000 point barrier: Aus shares close 0.7% higher

Record day on ASX - passing 7000 point barrier: Aus shares close 0.7% higher

16 Jan 2020 - The Australian share market closed 0.7% higher on the back of the US and China trade deal passing 7000 point barrier.
Finance News Network
ASX soars past 7000 point barrier: Aus shares 0.5% higher at noon

ASX soars past 7000 point barrier: Aus shares 0.5% higher at noon

16 Jan 2020 - The Australian share market soared past the 7000 point barrier with the US and China signing the phase one trade agreement and Dow closing above 29k. CSL (ASX:CSL) hits $300 share price.
Finance News Network
LiveTiles (ASX:LVT) records 130 per cent ARR growth

LiveTiles (ASX:LVT) records 130 per cent ARR growth

16 Jan 2020 - LiveTiles (ASX:LVT) has recorded annualised recurring revenue (ARR) has grown 130 per cent over the year to December 31, 2019.
Finance News Network
Awards Iluka Resources' (ASX:ILU) Goods and Services contract

Awards Iluka Resources' (ASX:ILU) Goods and Services contract

16 Jan 2020 - Iluka Resources (ASX:ILU) has awarded Vysarn’s (ASX:VYS) Pentium with Iluka’s Goods and Services contract.
Finance News Network
Wisr (ASX:WZR) completes raise

Wisr (ASX:WZR) completes raise

16 Jan 2020 - Neo lender Wisr (ASX:WZR) has completed it’s $33.5 million raise.
Finance News Network
Catapult’s (ASX:CAT) signing momentum continues

Catapult’s (ASX:CAT) signing momentum continues

16 Jan 2020 - Catapult’s (ASX:CAT) US momentum continues with the company signing Major League Rugby.
Finance News Network
Company Secretary appoinment at Centaurus Metals (ASX:CTM)

Company Secretary appoinment at Centaurus Metals (ASX:CTM)

16 Jan 2020 - Centaurus Metals (ASX:CTM) appoints Company Secretary.
Finance News Network
Cokal (ASX:CKA) files civil claim

Cokal (ASX:CKA) files civil claim

16 Jan 2020 - Cokal (ASX:CKA) takes legal against PT Resindo Rescources & Energy
Finance News Network
Aussie shares set fresh highs and come within reach of 7000 level: ASX closes 0.5% higher

Aussie shares set fresh highs and come within reach of 7000 level: ASX closes 0.5% higher

15 Jan 2020 - It's been a positive day of trade for the local sharemarket hitting a new record high and closing within 13 points of a key 7000 level.
Finance News Network
Resolute Mining (ASX:RSG) to sell Ravenswood Mine, gold miners leading the ASX charge toward 7000: A

Resolute Mining (ASX:RSG) to sell Ravenswood Mine, gold miners leading the ASX charge toward 7000: A

15 Jan 2020 - Australian shares have pushed higher to a new record in early trade despite a mixed lead from the US overnight. Shares in gold and base metals explorer Kalamazoo (KZR) have surged as much as 46 per cent in early trade, after receivin...
Finance News Network
Mesoblast (ASX:MSB) presents at Biotech showcase in San Francisco

Mesoblast (ASX:MSB) presents at Biotech showcase in San Francisco

15 Jan 2020 - Mesoblast (ASX:MSB) presents at Biotech showcase in San Francisco.
Finance News Network
Resolute Mining (ASX:RSG) divests Ravenswood Gold Mine

Resolute Mining (ASX:RSG) divests Ravenswood Gold Mine

15 Jan 2020 - Resolute Mining (ASX:RSG) has sold its Ravenswood Gold Mine in Queensland to a consortium comprising EMR Capital and Golden Energy & Resources for up to $300 million.
Finance News Network
Citi maintains buy rating on LiveTiles (ASX:LVT), expects record second quarter

Citi maintains buy rating on LiveTiles (ASX:LVT), expects record second quarter

15 Jan 2020 - Citi has maintained its buy rating on software company Livetiles. The broker says it is looking for a record second quarter after a weaker-than-expected first quarter.
Finance News Network
New Century Resources (ASX:NCZ) divests minority interest in cattle business for A$9.8M

New Century Resources (ASX:NCZ) divests minority interest in cattle business for A$9.8M

15 Jan 2020 - Base metal producer, New Century Resources (ASX:NCZ) has sold its 49 per cent interest in the Lawn Hill & Riversleigh Pastoral Holding Company to Waanyi SPC for a total consideration of $9.8 million.
Finance News Network
Wall Street mixed, JP Morgan posts positive results but tariffs targeting China far from over: Aus s

Wall Street mixed, JP Morgan posts positive results but tariffs targeting China far from over: Aus s

20 Jan 2020 - The Australian share market is set to edge higher despite a volatile session on Wall Street with shares ending mostly lower on Tuesday. Medical technology company Volpara (ASX:VHT) has today announced changes to its board with Karin ...
Finance News Network
Westpac NZ and Contact Energy (ASX:CEN) agree first sustainability-linked loan

Westpac NZ and Contact Energy (ASX:CEN) agree first sustainability-linked loan

15 Jan 2020 - Westpac NZ and Contact Energy (ASX:CEN) have entered into a $50 million, four-year sustainability linked loan facility. The loan is the first of its kind in New Zealand.
Finance News Network
Gentrack’s (ASX:GTK) sales hit by market conditions

Gentrack’s (ASX:GTK) sales hit by market conditions

15 Jan 2020 - Software company, Gentrack Group (ASX:GTK) has announced it is continuing to experience difficult market conditions in its key utilities markets. The conditions are impacting Gentrack’s sales pipeline to a greater degree than previou...
Finance News Network
Lithium shares continue to rally: Aus shares close 0.9% higher

Lithium shares continue to rally: Aus shares close 0.9% higher

14 Jan 2020 - It’s been a positive day of trade for the Australian share market closing 0.9 per cent higher. Kangaroo Island Plantation Timbers (ASX:KPT) report further damage.
Finance News Network
Wisr (ASX:WZR) responds to ASX: Aus shares 0.7% higher at noon

Wisr (ASX:WZR) responds to ASX: Aus shares 0.7% higher at noon

14 Jan 2020 - Neo-lender Wisr (ASX:WZR) has responded to the ASX saying it was not in breach of continuous disclosure rules. Electro Optic Systems (ASX:EOS) appoints John Berry, the former US ambassador to Australia, to the board of its US subsidi...
Finance News Network
Transurban (ASX:TCL) appoints Terry Bowen as a Non-executive Director

Transurban (ASX:TCL) appoints Terry Bowen as a Non-executive Director

14 Jan 2020 - Transurban (ASX:TCL) has appointed Terry Bowen as a Non-Executive Director from the 1st of February 2020.
Finance News Network
Imugene (ASX:IMU) receives US patent approval for HER-VAxx

Imugene (ASX:IMU) receives US patent approval for HER-VAxx

14 Jan 2020 - Immuno-therapy company Imugene (ASX:IMU) has received the US patent for its HER-VAxx cancer treatment.
Finance News Network
Cynata (ASX:CYP) receives UK approval for clinical trial of Limb Ischaemia treatment

Cynata (ASX:CYP) receives UK approval for clinical trial of Limb Ischaemia treatment

14 Jan 2020 - Cell therapeutics company Cyanata (ASX:CYP) has received the greenlight from British medical authority MHRA to begin the company’s Phase 2 clinical trial of its CYP-002 product.
Finance News Network
Mosaic Brands (ASX:MOZ) stores hit by bushfires, pledges to donate $860 000 worth of clothes

Mosaic Brands (ASX:MOZ) stores hit by bushfires, pledges to donate $860 000 worth of clothes

14 Jan 2020 - Clothing retailer Mosaic Brands (ASX:MOZ) has announced over half of its 1386 stores have been impacted by the bushfire crisis.
Finance News Network
Wall Street rallies on news US will remove currency manipulator tag from China: Aus shares to open h

Wall Street rallies on news US will remove currency manipulator tag from China: Aus shares to open h

14 Jan 2020 - The Australian share market is set to edge higher following a rally on Wall Street on the back of reports the US will remove China from a list of currency manipulating countries.
Finance News Network
Aspen Group (ASX:APZ) CFO resigns

Aspen Group (ASX:APZ) CFO resigns

14 Jan 2020 - Accommodation provider Aspen Group’s (ASX:APZ) CFO Devron Abdol has resigned to to pursue an opportunity in a private family office.
Finance News Network