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Shares in Orocobre (ASX:ORE) fall despite 'solid quarter': ASX closed 0.3% higher

Shares in Orocobre (ASX:ORE) fall despite 'solid quarter': ASX closed 0.3% higher

22 Oct 2019 - The ASX closed 0.3% higher. Orocobre (ASX:ORE) shares fell today – quarterly sales revenue at Olaroz declined 21% on a quarter on quarter basis. As for the sectors, the Materials sector led the way and the Information Technology sect...
Finance News Network
4mins
QEM (ASX:QEM) Julia Creek Project update

QEM (ASX:QEM) Julia Creek Project update

22 Oct 2019 - QEM Limited (ASX:QEM) Executive Director & CEO, David Fitch and GM & Chief Geologist, Scott Drelincourt discuss the company’s Julia Creek vanadium and oil shale tenements in NW QLD, drill results and strategy.
Finance News Network
3mins
Super Retail Group (ASX:SUL) shares take a dip despite reporting sales growth: ASX 0.2% higher at no

Super Retail Group (ASX:SUL) shares take a dip despite reporting sales growth: ASX 0.2% higher at no

22 Oct 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.2% higher at noon. Whitehaven (ASX:WHC) saw a rise in their shares this morning despite warning continued weakness in thermal coal prices. Shares i...
Finance News Network
3mins
Super retail (ASX:SUL) posts positive first quarter

Super retail (ASX:SUL) posts positive first quarter

22 Oct 2019 - Super retail group (ASX:SUL) has posted a positive result in the first quarter of the 2020 financial year the Group has delivered total sales growth of 4.2 per cent and like for like sales growth of 3.2 per cent.
Finance News Network
1min
Orocobre (ASX:ORE) announces record production at Olaroz facility

Orocobre (ASX:ORE) announces record production at Olaroz facility

22 Oct 2019 - Orocobre (ASX:ORE) has announced record first quarter production of 3,093 tonnes at its Olaroz lithium facility. The result is 35 per cent higher than the year earlier period.
Finance News Network
1min
Cashwerkz (ASX:CWZ) bringing banks and investors closer together

Cashwerkz (ASX:CWZ) bringing banks and investors closer together

23 Oct 2019 - Cashwerkz Limited (ASX:CWZ) Executive Director, Craig Swanger talks about the company's platform, the benefit it provides for both banks and investors, FY19 results and outlook.
Finance News Network
4mins
Whitehaven coal (ASX:WHC) warns thermal coal prices weaker

Whitehaven coal (ASX:WHC) warns thermal coal prices weaker

22 Oct 2019 - Coal mining powerhouse Whitehaven (ASX:WHC) has warned thermal coal prices have continued to exhibit weakness.
Finance News Network
1min
Oil Search (ASX:OSH) Q3 production drops

Oil Search (ASX:OSH) Q3 production drops

22 Oct 2019 - Oil Search (ASX:OSH) has seen its total production for the third quarter of 2019 decline to 6.8 million barrels of oil equivalent down 10 per cent on the year earlier period.
Finance News Network
1min
Fonterra (ASX:FSF) raises milk price forecast

Fonterra (ASX:FSF) raises milk price forecast

22 Oct 2019 - Fonterra (ASX:FSF) has this morning announced it is increasing its forecast farmgate milk price range from $6.25 - $7.25 per kgMS to $6.55 - $7.55 per kgMS.
Finance News Network
1min
Mirvac (ASX:MGR) reaffirms FY20 EPS guidance

Mirvac (ASX:MGR) reaffirms FY20 EPS guidance

22 Oct 2019 - Mirvac (ASX:MGR) has reaffirmed its full year EPS guidance, the company says it has maintained momentum from FY19, building on the solid metrics reported at the full year and setting the foundations for another strong year ahead.
Finance News Network
1min
Wall St rises on trade talk optimism and earnings: Aus shares to lift at open

Wall St rises on trade talk optimism and earnings: Aus shares to lift at open

22 Oct 2019 - The local sharemarket is poised for a positive start following strong leads from Wall Street. US markets closed higher on Monday, boosted by optimism around US-China trade talks. Macquarie Media (ASX:MRN) CEO Adam Lang will depart th...
Finance News Network
3mins
Citi upgrades Inghams Group (ASX:ING): Aus shares close 0.04% higher

Citi upgrades Inghams Group (ASX:ING): Aus shares close 0.04% higher

21 Oct 2019 - Citi upgrades Inghams Group (ASX:ING): Aus shares close 0.04% higher.
Finance News Network
4mins
Treasury Wines (ASX:TWE) Chief Executive Michael Clarke to retire

Treasury Wines (ASX:TWE) Chief Executive Michael Clarke to retire

21 Oct 2019 - Treasury Wine Estates (ASX: TWE) Chief Executive Michael Clarke will retire from the role of Managing Director and Chief Executive Officer in the first quarter of fiscal 2021.
Finance News Network
1min
Afterpay Touch (ASX:APT) says it welcomes RBA review

Afterpay Touch (ASX:APT) says it welcomes RBA review

21 Oct 2019 - Afterpay Touch (ASX:APT) has responded to recent media reports on regulatory developments stating that it’s not currently the subject of an RBA enquiry.
Finance News Network
1min
Seven West (ASX:SWM) to sell Pacific Magazines

Seven West (ASX:SWM) to sell Pacific Magazines

21 Oct 2019 - Seven West (ASX:SWM) has this morning confirmed reports it will sell Pacific Magazines to Bauer (Bower) Media for $40 million.
Finance News Network
1min
Cash Converters (ASX:CCV) settles class action for $42.5 million

Cash Converters (ASX:CCV) settles class action for $42.5 million

21 Oct 2019 - Cash Converters (ASX:CCV) will pay $42.5 million to settle a class action claim.
Finance News Network
1min
Lynas (ASX:LYC) fourth quarter results hit by US-China trade war

Lynas (ASX:LYC) fourth quarter results hit by US-China trade war

21 Oct 2019 - Rare earth’s miner Lynas (ASX:LYC) says continuing US-China trade tensions, while leading to greater interest in Rare Earths, continue to have a negative short term effect on market confidence, particularly in China.
Finance News Network
1min
Cromwell (ASX:CMW) appoints two new directors

Cromwell (ASX:CMW) appoints two new directors

21 Oct 2019 - Cromwell Property Group (ASX:CMW) has elected two new directors to the board.
Finance News Network
1min
PPK Group (ASX:PPK) FY19 results & outlook

PPK Group (ASX:PPK) FY19 results & outlook

21 Oct 2019 - PPK Group Limited (ASX:PPK) Executive Chairman, Robin Levinson talks about FY19 results, strategy, pickup in the company's key market, and the company's joint venture with Deakin University for Boron Nitrate Nanotubes.
Finance News Network
4mins
Dow drops more than 250pts to end the week: Aus shares set for soft open

Dow drops more than 250pts to end the week: Aus shares set for soft open

21 Oct 2019 - The local sharemarket looks set to dip at the open after Wall Street fell by up to 1 per cent on Friday. Wisetech Global (ASX:WTC) has rejected the attack on its business by short-selling hedge fund J Capital Research.
Finance News Network
3mins
Maldives: Building boom in marine paradise

Maldives: Building boom in marine paradise

The Maldives are on a construction drive, aimed at boosting tourism. New airports, artificial islands and luxury resorts are springing up everywhere, exacting a huge toll on the environment and the lives of the local people.
Deutsche Welle
7mins
Uganda: Living in fear

Uganda: Living in fear

Being gay, lesbian, bisexual or transgender in Uganda means living in fear. The church says homosexuality is immoral. Now the government is said to be considering plans to introduce the death penalty for gay sex.
Deutsche Welle
6mins
Collaborate Corporation (ASX:CL8) drives deal with Hyundai over the line: Aus shares 0.7% higher ove

Collaborate Corporation (ASX:CL8) drives deal with Hyundai over the line: Aus shares 0.7% higher ove

18 Oct 2019 - Over the week, the market has gained 43 points or 0.7%. Stocks fell today as the market came to terms with lower than expected Chinese GDP figures for Q3. Collaborate Corporation’s (ASX:CL8) subsidiary, DriveMyCar, has penned an agre...
Finance News Network
5mins
Calima Energy (ASX:CE1) - gas play, British Columbia

Calima Energy (ASX:CE1) - gas play, British Columbia

18 Oct 2019 - Calima Energy Limited (ASX:CE1) Managing Director, Alan Stein, talks about the company's strategy, recent capital raising, and results from the drill program at its Montney project.
Finance News Network
5mins
FCA approves Cardno (ASX:CDD) demerger: Aus shares 0.6% lower at noon

FCA approves Cardno (ASX:CDD) demerger: Aus shares 0.6% lower at noon

18 Oct 2019 - The S&P/ASX200 opened lower despite positive earnings results on Wall street and encouraging movement toward a Brexit deal. It is now tracking 0.6% lower at noon, with every sector down except Communications. The FCA has approved Car...
Finance News Network
3mins
Banksters

Banksters

If HSBC were a country, it would be the fifth world economic power. From tax evasion to money laundering for the mafia and manipulation of currency, "this bank had done everything bad that a bank can possibly do." Who would dare attack it?
Java Films
86mins
APRA won’t launch appeal against IOOF (ASX:IFL)

APRA won’t launch appeal against IOOF (ASX:IFL)

18 Oct 2019 - Wealth Manager, IOOF (ASX:IFL) has announced the Australian Prudential Regulation Authority will not appeal the Federal Court's decision to dismiss its case against IOOF after the deadline for the regulator to lodge an appeal passed.
Finance News Network
1min
Fluence (ASX:FLC) successfully raises $36 million to underpin growth

Fluence (ASX:FLC) successfully raises $36 million to underpin growth

18 Oct 2019 - Wastewater management company Fluence (ASX:FLC) has finished a successful capital raise of $36 million at a price per share of $0.44 from sophisticated and professional investors.
Finance News Network
1min
St Barbara’s (ASX:SBM) FY20 gold production guidance dips

St Barbara’s (ASX:SBM) FY20 gold production guidance dips

18 Oct 2019 - Gold miner St Barbara (ASX:SBM) has lowered its financial year 20 production guidance for its Western Australian Gwalia mine.
Finance News Network
1min
Sydney Airport (ASX:SYD) traffic rises in September

Sydney Airport (ASX:SYD) traffic rises in September

18 Oct 2019 - Sydney Airport (ASX:SYD) traffic rose 1.4 per cent to 3.65 million in September, with year-to-date traffic down 0.1 per cent to 32.8 million.
Finance News Network
1min
Tassal receives major approvals for stage 3 expansion of Proserpine prawn farm

Tassal receives major approvals for stage 3 expansion of Proserpine prawn farm

18 October 2019 - Tassal Group (ASX:TGR) has received the green light from the Whitsunday regional Council and Queensland State Government for the Company’s Stage 3 expansion plans for its prawn farm located near Proserpine.
Finance News Network
1min
Seven West (ASX:SWM) and Prime to merge

Seven West (ASX:SWM) and Prime to merge

18 Oct 2019 - Seven West Media (ASX:SWM) has announced plans to merge with regional affiliate Prime Media and to sell Western Australia radio business Red Wave to Southern Cross Austereo.
Finance News Network
1min
Wall Street rises on earnings and Brexit news: Aus shares to defy leads and open lower

Wall Street rises on earnings and Brexit news: Aus shares to defy leads and open lower

18 Oct 2019 - The local sharemarket is set to dip at the open despite positive earnings results on Wall street and news about a Brexit deal. In the US stocks rose on Thursday after upbeat earnings results from companies such as Netflix and Morgan ...
Finance News Network
3mins
Weak US Retail Sales Threaten Economy

Weak US Retail Sales Threaten Economy

September saw the first fall in retail sales in the last 7 months, putting a further strain on the economy.
Stringr
1min
Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

17 Oct 2019 - The ASX dropped at the open and failed to gain momentum closing 0.8% lower. Shares in Wisetech Global (ASX:WTC) slumped today - they have entered into a trading halt pending the release of an announcement on Monday. CIMIC Group compa...
Finance News Network
3mins
IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

17 Oct 2019 - The ASX dropped at the open and is now tracking 0.4% lower at noon. Shares in IOOF Holdings (ASX:IFL) are on the up after ANZ (ASX:ANZ) reduced the price for the sale of its OnePath Pensions and Investments business and Aligned Deale...
Finance News Network
3mins
Bank of Queensland (ASX:BOQ) see 14% decline in FY19 cash earnings

Bank of Queensland (ASX:BOQ) see 14% decline in FY19 cash earnings

17 Oct 2019 - Bank of Queensland (ASX:BOQ) reports their financial year 2019 cash earnings after tax of $320 million, is down 14 per cent on financial year 2018.
Finance News Network
1min
Alumina Limited (ASX:AWC) show Alcoa's fall in API

Alumina Limited (ASX:AWC) show Alcoa's fall in API

17 Oct 2019 - Alumina Limited (ASX:AWC) have reported on Alcoa Corp’s quarterly earnings release, showing a 17 per cent fall in Alumina Price Index.
Finance News Network
1min
ANZ (ASX:ANZ) reduces price on OnePath P&I sale to IOOF

ANZ (ASX:ANZ) reduces price on OnePath P&I sale to IOOF

17 Oct 2019 - ANZ (ASX:ANZ) has reduced the price for the sale of its OnePath Pensions & Investments business and Aligned Dealer Groups to IOOF Holdings (ASX:IFL) from $975 million to $850 million.
Finance News Network
1min
Cynata Therapeutics (ASX:CYP) withdraw from acquisition discussions

Cynata Therapeutics (ASX:CYP) withdraw from acquisition discussions

17 Oct 2019 - Biotech company Cynata Therapeutics (ASX:CYP) has decided to withdraw from acquisition discussions with Sumitomo Dainippon Pharma Co.
Finance News Network
1min
Santos (ASX:STO) production 7% higher than the second quarter

Santos (ASX:STO) production 7% higher than the second quarter

17 Oct 2019 - Santos (ASX:STO) released their third quarter activities report showing record production and sales volumes and the second highest quarterly sales revenue on record.
Finance News Network
1min
IAG (ASX:IAG) agrees sale of 26% interest in SBI General

IAG (ASX:IAG) agrees sale of 26% interest in SBI General

17 Oct 2019 - IAG (ASX:IAG) has agreed to sell the whole of its 26 per cent interest in its joint venture with the State Bank of India, SBI General Insurance Company.
Finance News Network
1min
US retail sales decline unexpectedly: ASX poised to open lower

US retail sales decline unexpectedly: ASX poised to open lower

17 Oct 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. Retail sales in the US saw the first decline in seven months – this could bolster potential for a third Federal Reserve interest-rate cut. Gold produ...
Finance News Network
3mins
Leading Index shows economic growth well below trend: ASX closes 1.3% higher

Leading Index shows economic growth well below trend: ASX closes 1.3% higher

16 Oct 2019 - It has been a positive day of trade for the ASX, closing 1.3% higher. Silverlake (ASX:SLR) and Nearmap (ASX:NEA) shot up today. Shares in the Afterpay Touch Group (ASX:APT) slumped today. Westpac–MI Leading Index is showing economic ...
Finance News Network
5mins
Shares in Afterpay (ASX:APT) take a dip after broker call: ASX 0.9% higher at noon

Shares in Afterpay (ASX:APT) take a dip after broker call: ASX 0.9% higher at noon

16 Oct 2019 - The ASX rose at the open and managed to maintain momentum positive leads from Wall Street and is now tracking 0.9% higher at noon. Afterpay touch group (ASX:APT) took a dip today - this appears to be attributable to a broker call. To...
Finance News Network
3mins
Worley (ASX:WOR) responds to creeping acquisitions by Dar Group

Worley (ASX:WOR) responds to creeping acquisitions by Dar Group

16 Oct 2019 - Engineering company Worley (ASX:WOR) has notified the ASX of its operations to the Foreign Investment Review Board, in the context of possible creeping acquisitions by its largest shareholder, Dar Group.
Finance News Network
1min
Noxopharm (ASX:NOX) makes changes to its executive structure

Noxopharm (ASX:NOX) makes changes to its executive structure

16 Oct 2019 - Noxopharm (ASX:NOX) has made some changes to its senior executive and Board structures.
Finance News Network
1min
Ingenia Communities Group set to raise $131.1 million to fund acquisitions

Ingenia Communities Group set to raise $131.1 million to fund acquisitions

16 Oct 2019 - Ingenia Communities Group (ASX:INA) hopes to raise $131.1 million to fund acquisitions and accelerate growth.
Finance News Network
29secs