Company News


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Pantoro awaits approvals for ore development
Pantoro awaits approvals for ore development

24 May 2018 - Mining company Pantoro(ASX:PNR) has updated the indicated and inferred resource at its Wagtail underground mine.

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New Executive Chairman for Isentia
New Executive Chairman for Isentia

24 May 2018 - Isentia Group (ASX:ISD) has announced a new Executive Chairman. Doug Snedden will take the role effective immediately.

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Sir Frank Lowy talks Unibail
Sir Frank Lowy talks Unibail

24 May 2018 - Sir Frank Lowy of Westfield Corporation (ASX:WFD) held a meeting with members to talk about the merger proposal with Unibail–Rodamco this morning.

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Major staff movements across Myer
Major staff movements across Myer

24 May 2018 - Department store Myer (ASX:MYR) has announced that Richard Amos, Chief General Counsel and Company Secretary, has resigned and will leave the business at the end of July this year.

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Orocobre see Lithium increase in Cauchari
Orocobre see Lithium increase in Cauchari

24 May 2018 - Orocobre (ASX:ORE) has updated resource estimate for the Company's Cauchari Joint Venture Project in Argentina based on the Phase II drilling results.

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Reliance Worldwide buys UK’s John Guest for $1.2b
Reliance Worldwide buys UK’s John Guest for $1.2b

24 May 2018 - Reliance Worldwide Corporation (ASX:RWC) announced today that it has entered into an unconditional agreement to acquire all the issued shares of UK based global fittings manufacturer, John Guest Holdings.

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CBA announces sale of BoComm Life Insurance Company
CBA announces sale of BoComm Life Insurance Company

23 May 2018 - The Commonwealth Bank (ASX:CBA) has announced the sale of its interest in BoComm Life Insurance Company for $688 million.

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Sealink rejects takeover bid
Sealink rejects takeover bid

23 May 2018 - Sealink Travel Group (ASX:SLK) has responded to reports of a potential takeover approach, announcing they have rejected the offer.

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Viralytics takeover gets FIRB approval
Viralytics takeover gets FIRB approval

23 May 2018 - The takeover of Viralytics (ASX:VLA) by global pharmaceutical giant, Merck has come one step closer with Merck getting the green light from the Foreign Investment Review Board.

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Australian Agricultural Company posts $102.6M loss
Australian Agricultural Company posts $102.6M loss

23 May 2018 - Farming business, The Australian Agricultural Company (ASX:AAC) has announced a $102 million full year loss.

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Rio addresses Grasburg sale reports
Rio addresses Grasburg sale reports

23 May 2018 - Rio Tinto (ASX:RIO) has addressed media reports about the potential purchase by Inalum and Freeport of Rio's entire interest in the Grasburg mine in Indonesia.

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Fonterra announces strong forecast Farmgate Milk Price
Fonterra announces strong forecast Farmgate Milk Price

23 May 2018 - Dairy company, Fonterra (ASX:FSF) has increased its forecast Farmgate milk price by 20 cents $6.75 per kilo for the season.

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Afterpay Touch announces sale of ED shareholdings
Afterpay Touch announces sale of ED shareholdings

22 May 2018 - Afterpay Touch (ASX:APT) has announced the sale of of over 5 million shareholdings by Executive Directors.

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Big Un’s Big Review TV placed into voluntary administration
Big Un’s Big Review TV placed into voluntary administration

22 May 2018 - Video and TV platform Big Un (ASX:BIG) has announced its wholly owned subsidiary Big Review TV has been placed into voluntary administration.

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Emeco completes retail entitlement offer
Emeco completes retail entitlement offer

22 May 2018 - Emeco (ASX:EHL) has announced the successful completion of its retail offer.

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Wattle Health inks deal with Metcash Trading
Wattle Health inks deal with Metcash Trading

22 May 2018 - Dairy company Wattle Health (ASX:WHA) has inked a deal to supply its baby food range to Metcash Trading.

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James Hardie announces 47% drop in net profit
James Hardie announces 47% drop in net profit

22 May 2018 - James Hardie (ASX:JHX) has announced a 47 per cent fall in net profit to $146 million for the year ended March 2018.

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Healthscope rejects takeover proposals
Healthscope rejects takeover proposals

22 May 2018 - Private Hospital group, Healthscope (ASX:HSO) has rejected takeover proposals from private equity funds BGH and Brookfield.

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Santos receives higher offer from Harbour Energy
Santos receives higher offer from Harbour Energy

21 May 2018 - Santos (ASX:STO) has received an increased takeover offer from US company Harbour Energy of $5.21 per share.

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Worley Parsons Awarded Neptune Energy contract
Worley Parsons Awarded Neptune Energy contract

21 May 2018 - Rosenburg Worley Parsons (ASX:WOR) has been awarded a three year contract by Neptune energy.

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MGC Pharmaceuticals expects formal approval for medicinal cannabis facility in weeks
MGC Pharmaceuticals expects formal approval for medicinal cannabis facility in weeks

21 May 2018 - MGC Pharmaceuticals (ASX:MXC) says the legalization of medicinal cannabis in Malta means it can obtain a formal contract for the production and cultivation of the plant.

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Vocus appoints Kevin Russell CEO
Vocus appoints Kevin Russell CEO

21 May 2018 - Vocus Group (ASX:VOC) has revealed changes to its board with Kevin Russell to take over as Managing Director and CEO from the 28th of May.

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Skycity reveals Adelaide Casino plans
Skycity reveals Adelaide Casino plans

21 May 2018 - Skycity (ASX:SKC) has revealed plans for its Adelaide Casino expansion.

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AGL knocks back Liddell Power Station offer
AGL knocks back Liddell Power Station offer

21 May 2018 - AGL (ASX:AGL) has knocked back the $250 million offer for its Liddell Power Station.

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Godfreys Arcade takeover decision imminent
Godfreys Arcade takeover decision imminent

18 May 2018 - The biggest share holder of vacuum cleaner specialist Godfreys (ASX:GFY) Arcade Finance has offered 32 cents for each Godfreys share.

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Westpac create position for corporate relations
Westpac create position for corporate relations

18 May 2018 - Westpac (ASX:WBC) today announced the appointment of Carolyn McCann to the new position of Group Executive, Customer & Corporate Relations.

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Appen value AI's potential at $5.8 trillion
Appen value AI's potential at $5.8 trillion

18 May 2018 - A leading global provider of data for Artificial Intelligence, Appen (ASX:APX) values AI at $3.5 trillion to $5.8 trillion.

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Orion Minerals enters deal with Independence Group
Orion Minerals enters deal with Independence Group

18 May 2018 - Orion Minerals (ASX:ORN) has entered into an agreement with leading mid-tier miner, Independence Group (ASX:IGO) for them to become a substantial shareholder.

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Increase April passenger numbers for Sydney Airport
Increase April passenger numbers for Sydney Airport

18 May2018 - Sydney Airport (ASX:SYD) has seen an increase in passenger numbers in April compared to the prior corresponding period – increasing 2.6 per cent. International traffic grew 1.8 per cent.

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Rio Tinto granted new rail operation in Pilbara
Rio Tinto granted new rail operation in Pilbara

18 May 2018 - Rio Tinto (ASX:RIO) has been granted accreditation by Australia's Office of the National Rail Safety Regulator for operation of trains at the group's iron ore business in Western Australia.

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WiseTech Global buys Ulukom in Turkey
WiseTech Global buys Ulukom in Turkey

17 May 2018 - Global logistics solutions group, WiseTech Global (ASX:WTC), today announced the acquisition of Ulukom, a leading logistics and customs solutions provider in Turkey.

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Santos receives binding bid Harbour Energy
Santos receives binding bid Harbour Energy

17 May 2018 - US private firm Harbour Energy has revised its terms and submitted a binding but conditional proposal for the takeover of Santos (ASX:STO).

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Rural Funds Management to buy QLD cattle property
Rural Funds Management to buy QLD cattle property

17 May 2018 - Rural Funds Management (ASX:RFM) - manager for the Rural Funds Group (ASX:RFF), has entered into a contract to acquire a cattle property in central Queensland.

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Adelaide Brighton is looking for a new chief executive
Adelaide Brighton is looking for a new chief executive

17 May 2018 - Australia's biggest cement company, Adelaide Brighton (ASX:ABC) is looking for a new for a new chief executive after current boss Martin Brydon announced he is to retire.

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Chairman of Argo Global to retire
Chairman of Argo Global to retire

17 May 2018 - The Chairman of Argo Global Listed Infrastructure (ASX:ALI) Ian Martin AM has today announced his retirement.

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Kidman to supply lithium hydroxide to Tesla
Kidman to supply lithium hydroxide to Tesla

17 May 2018 - Lithium developer Kidman Resources (ASX:KDR) has entered a binding agreement to provide lithium hydroxide to electric vehicle company Tesla.

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Avanco one step closer to Pedra Branca Copper Project
Avanco one step closer to Pedra Branca Copper Project

16 May 2018 - Copper mining company Avanco Resources (ASX:AVB) has announced its Pedra Branca Copper Project has come a step closer to development following a successful public hearing in Brazil.

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Titomic launches world’s largest & fastest 3D metal printer
Titomic launches world’s largest & fastest 3D metal printer

16 May 2018 - Metal additive manufacturing company Titomic (ASX:TTT) says its launched the world's largest and fastest 3D metal printer.

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Creso Pharma Enters Israeli cannabis market
Creso Pharma Enters Israeli cannabis market

16 May 2018 - Medical cannabis company Creso Pharma (ASX:CPH) has announced its entered into the Israeli cannabis market.

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Myer Q3 FY2018 sales down 3.1%
Myer Q3 FY2018 sales down 3.1%

16 May 2018 - Department store Myer (ASX:MYR) has announced a 3.1 per cent drop in third quarter sales.

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Downer and Spotless complete $1.3B refinancing
Downer and Spotless complete $1.3B refinancing

16 May 2018 - Downer EDI (ASX:DOW) and Spotless Group (ASX:SPO) have announced the completion of a $1.3 billion dollar refinancing.

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a2 Milk says full-year revenues to rise to over NZ$900M
a2 Milk says full-year revenues to rise to over NZ$900M

16 May 2018 - a2 Milk (ASX:A2M) has announced it expects full year revenues to rise to more than $900 million.

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Lynas says share price drop due to change in government
Lynas says share price drop due to change in government

15 May 2018 - Lynas (ASX:LYC) has attributed yesterday's 9.5 per cent share price slide to changes in the Malaysian Government.

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Afterpay Touch launches service in the US
Afterpay Touch launches service in the US

15 May 2018 - Afterpay Touch (ASX:APT) has announced the launch of its modern day lay by service in the US.

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Macquarie announces Capital Notes 3 offer opens
Macquarie announces Capital Notes 3 offer opens

15 May 2018 - Macquarie Group (ASX:MQG) has opened it Capital Notes 3 offer.

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Worley Parsons awarded YASREF contract
Worley Parsons awarded YASREF contract

15 May 2018 - Worley Parsons (ASX:WOR) has been awarded a general engineering service contract by YASREF.

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Whitehaven completes Tarrawonga deal
Whitehaven completes Tarrawonga deal

15 May 2018 - Whitehaven Coal (ASX:WHC) has announced its completed its acquisition of the Tarrawonga mine.

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Bluescope Steel lifts earnings guidance FY18
Bluescope Steel lifts earnings guidance FY18

15 May 2018 - Bluescope Steel (ASX:BSL) has announced it has lifted its earnings (EBIT) guidance for the first half of the 2018 financial year to $680 million.

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Telstra warns EBITDA to be at bottom of FY18 guidance
Telstra warns EBITDA to be at bottom of FY18 guidance

14 May 2018 - Telstra (ASX:TLS) has warned it expects financial year earnings (EBITDA) to be at the bottom end of its guidance of 10.1-$10.6 billion.

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Healthscope receives rival takeover offer
Healthscope receives rival takeover offer

14 May 2018 - Private healthcare provider, Healthscope (ASX:HSO) has received a rival takeover offer from private equity firm Brookfield.

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Blue Sky announces resignation of another director
Blue Sky announces resignation of another director

14 May 2018 - Fund manager, Blue Sky Alternative Investments (ASX:BLA) has announced the resignation of Michael Gordon as Non-Executive Director.

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Commonwealth Bank CFO resigns with immediate effect
Commonwealth Bank CFO resigns with immediate effect

14 May 2018 - Commonwealth Bank (ASX:CBA) CFO Rob Jesudason has resigned with immediate effect after less than a year in the job.

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Mercury NZ snaps up 19.99% in Tilt Renewables
Mercury NZ snaps up 19.99% in Tilt Renewables

14 May 2018 - Mercury NZ (ASX:MCY) has inked a deal with Tauranga Electricty Consumer Trust to acquire a 19.99 per cent stake in Tilt Renewables.

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Downer awarded $150M contract by First Solar
Downer awarded $150M contract by First Solar

14 May 2018 - Downer EDI (ASX:DOW) has been awarded a $150 million dollar contract by First Solar for the Beryl Solar farm.

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Caltex Q1 profit after tax was $155 million
Caltex Q1 profit after tax was $155 million

11 May 2018 - Caltex Australia (ASX:CTX) today announced that its unaudited 2018 first quarter profit after tax was $155 million, in line with the prior corresponding period result of $154 million.

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Freedom Foods Group completes China investment
Freedom Foods Group completes China investment

11 May 2018 - Freedom Foods Group (ASX:FNP) has completed its investment into Shenzhen JiaLiLe Food Co. to be operated as Australia's Own Dairy Company China.

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Oil Search net profit three times higher
Oil Search net profit three times higher

11 May 2018 - Oil Search's (ASX:OSH) net profit after tax is US$302 million in 2017 was more than three times higher than 2016 levels.

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Artemis to sell 4 million Novo shares
Artemis to sell 4 million Novo shares

11 May 2018 - Mining company Artemis Resources (ASX:ARV) has agreed to sell its 4 million Novo Resources Corp. shares to Canadian mining company, Kirkland Lake Gold.

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News Corp shows 6 per cent rise in quarterly revenue
News Corp shows 6 per cent rise in quarterly revenue

11 May 2018 - News Corp (ASX:NWS) third quarter results show revenues of $2.10 billion a 6 per cent increase compared to $1.98 billion in the prior year.

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REA Group show double digit growth
REA Group show double digit growth

11 May 2018 - REA Group (ASX:REA) show for the nine months ending 31 March 2018, revenue growth of 20 per cent to $592m and EBITDA growth from core operations of 21 per cent to $345m.

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SkyCity gets $40m from carpark sale
SkyCity gets $40m from carpark sale

10 May 2018 - SkyCity Entertainment Group (ASX:SKC) has sold its Federal Street carpark in Auckland for $40 million.

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Boral to sell Concrete & Quarries business
Boral to sell Concrete & Quarries business

10 May 2018 - Construction company Boral Limited (ASX:BLD) has agreed to sell its Concrete & Quarries business in Denver, Colorado to Brannan Sand and Gravel Company.

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Helloworld Travel in Asia Escape Holidays deal
Helloworld Travel in Asia Escape Holidays deal

10 May 2018 - Helloworld Travel (ASX:HLO) today announced the acquisition of a controlling stake in Asia Escape Holidays.

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Leap in profits for Janus Henderson Group
Leap in profits for Janus Henderson Group

10 May 2018 - Asset management group Janus Henderson Group (ASX:JHG) has reported $371.9 billion in assets under management as of March 31.

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New Texas-based exec to join Telstra
New Texas-based exec to join Telstra

10 May 2018 - US Telco executive Roy H. Chestnutt is to join Telstra (ASX:TLS) as a non-executive director.

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AMP to defend shareholder class actions
AMP to defend shareholder class actions

10 May 2018 - AMP (ASX:AMP) has been hit with two class actions alleging the wealth management giant breached continuous disclosure obligations and made misleading statements.

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REA Group appoints Nick Dowling  as Non-Exec Director
REA Group appoints Nick Dowling  as Non-Exec Director

09 May 2018 - Leading property group – the REA Group (ASX:REA) has announced the appointment of a new Non-Executive Director to the company, Nick Dowling.

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