Finance News


Click here to view video
Back pedal: Aus shares 0.27% lower at noon
Back pedal: Aus shares 0.27% lower at noon

24 Nov 2017 - Market at Midday: The Aussie share market slipped about 0.3 per cent today, erasing some of the week's gains but still holding at 5 year highs. Rio Tinto (ASX:RIO) and Sinosteel have extended their Channar mining JV which will see the Chinese company pay Rio an upfront US$15 million as well as production royalties. And Qantas' (ASX:ANZ) three Asian Jetstar brands have been given a green light by the government to coordinate their services for another 5 years. Click video for more news.

Click here to view video
US markets closed for Thanksgiving: Aus shares to open lower
US markets closed for Thanksgiving: Aus shares to open lower

24 Nov 2017 - US markets were closed yesterday for the Thanksgiving holiday after finishing mixed on Wednesday. The ASX200 futures are predicting a lower start to the day after a flat finish. Iron ore has dropped following a 3 per cent spike. Syrah Resources (ASX:SYR) announces the first production of bagged saleable flake graphite from the Balama Project in Mozambique.

Click here to view video
Amazon goes live in Aust: ASX200 closes flat
Amazon goes live in Aust: ASX200 closes flat

23 Nov 2017 - Market Wrap: Flat finish as the Discretionary sector led us lower, capping gains from Energy and Materials. Oz Minerals (ASX:OZL) awarded a 3-year contract to telco and content business, Swift Networks (ASX:SW1). On the back of Amazon launching in Australia, Woolworths (ASX:WOW) says it's changing its focus to compete. Two companies floated today. Click video for details.

Click here to view video
The Amazon effect: Aus shares flat at noon
The Amazon effect: Aus shares flat at noon

23 Nov 2017 - Market at Midday: Discretionary sector dragging the chain leading half of our market lower, after Amazon's e-commerce business plans to soft-launch in Australia this afternoon. Woolworths (ASX:WOW) says to compete with Amazon it's changing its focus from turning around the business to better serving its customers and that's its priority for FY18. Cromwell Property Group's (ASX:CMW) subsidiary Cromwell European Real Estate Investment Trust (CEREIT) is planning to list on the Monetary Authority of Singapore. And Propel Funeral Partners (ASX:PFP) floated today and its shares are soaring. Click for more

Click here to view video
US markets take a turn from gains: Aus shares to open higher
US markets take a turn from gains: Aus shares to open higher

23 Nov 2017 - Market Outlook in 3 mins: In the last day of trade before the Thanksgiving holiday in the US tomorrow, the US markets took a turn from yesterday's gains, but despite this, the Australian share market is set towards opening in the green this morning with gold and futures tracking higher. AFT Pharmaceuticals (ASX:AFP) announces operating revenue of $36.6 million in its half year financial results to September, a 23 per cent increase from the previous corresponding six months.

Click here to view video
Second day of straight gains: Aus shares close 0.38% higher
Second day of straight gains: Aus shares close 0.38% higher

22 Nov 2017 - Market Wrap: Aussie share market recorded its second day of straight gains this week, largely fueled by record leads from Wall Street and a lift in commodities. Real Estate agency, McGrath (ASX:MEA) is reviewing its options as a listed entity and is conscious of its share price underperformance. United Overseas Australia (ASX:UOA) reported its quarterly profit for the period ending 30 September 2017 fell to RM356,800. Webjet (ASX:WEB) upgraded its total transaction value (TTV) and EBITDA guidance for FY18, while Fisher and Paykel Healthcare (ASX:FPH) issued shares and Cash Converters (ASX:CCV) increased its funding. Click for video more.

Click here to view video
Commodities rally: Aus shares 0.3% higher at noon
Commodities rally: Aus shares 0.3% higher at noon

22 Nov 2017 - Market at Midday: Solid leads from Wall Street and commodities drive gains, but mixed company news caps momentum. Webjet (ASX:WEB) upgraded its total transaction value and EBITDA guidance for FY18 with its TTV to hit $3 billion. Sirtex Medical's (ASX:SRX) therapy has been granted Spanish Ministry of Health approval, which allows hospital reimbursement. Fisher and Paykel Healthcare (ASX:FPH) issued 3,700 shares to the market at an issue price of $3.57. People Infrastructure (ASX:PPE) started trading today. Click video for more.

Click here to view video
Record highs: Aus shares to open higher
Record highs: Aus shares to open higher

22 Nov 2017 - After a positive day of trade on Wall Street, the Australian share market is set to open in the green with a promising futures index. Oil, gold and iron ore are all tracking higher. Real estate portfolio manager Mirvac (ASX:MGR) acquires a 6-floor twin tower in a commercial district of Sydney for $86.3 million.

Click here to view video
Bumper afternoon: Aus shares close 0.3% higher
Bumper afternoon: Aus shares close 0.3% higher

21 Nov 2017 - Bumper afternoon: Aus shares close 0.3% higher. Austock Group (ASX:ACK) announces a number of changes to management in its group and life arm. Utilities best performing sector, SPI up 19 points. Infigen Energy (ASX:IFN) up 7%, ALS (ASX:ALQ), Graincorp (ASX:GNC) and Fisher & Paykel (ASX:FPH) lower. Oil 33 cents lower at $US56.38, Asian markets tracking higher.

Click here to view video
Tuesday turnaround: Aus shares 0.1% higher at noon
Tuesday turnaround: Aus shares 0.1% higher at noon

21 Nov 2017 - Tuesday turnaround: Aus shares 0.1% higher at noon. Australia's 'Yes' vote bumps up consumer confidence, Kathmandu (ASX:KMD) releases Q1 financial results, Starpharma (ASX:SPL) announces fast tracked FDA application for patented VivaGel®.

Click here to view video
Markets bounce back: Aus shares to open higher
Markets bounce back: Aus shares to open higher

21 Nov 2017 - Market Outlook in 3 mins: After a positive day of trade on Wall Street, the Australian share market is set to open higher. Iron ore is tracking more than a per cent higher. Fisher & Paykel Healthcare (ASX:FPH) records a 4 per cent increase in net profit after tax in the first half of the year to September. Air New Zealand (ASX:AIZ) has recorded a 7.6 per cent increase in passengers in October this year compared to the same time last year.

Click here to view video
Market Wrap: Sluggish start to the week, Aus shares close 0.19% lower
Market Wrap: Sluggish start to the week, Aus shares close 0.19% lower

20 Nov 2017 - The local bourse opened in the red, clawed back some of its early losses but it wasn't enough save the market from closing in negative territory. Utilities leading the drag. Perpetual (ASX:PPT) has announced the resignation it's CEO, Geoff Lloyd. De Grey Mining (ASX:DEG) has kicked-off resource infill and extension drilling at their gold mine project in Western Australia.

Click here to view video
Soggy start:  Aus shares 0.24% lower at noon
Soggy start:  Aus shares 0.24% lower at noon

20 Nov 2017 - Market at Midday: Negative start to week following negative leads from S&P and Dow Jones. Dreamworld owner, Ardent Leisure (ASX:AAD) advised its bowling and entertainment business, EBITDA is expected to rise 20 per cent on the prior corresponding period, UBS Group and its related entities sold its substantial holding in Domino's Pizza Enterprises (ASX:DMP). Sky and Space Global (ASX:SAS) has selected UK software and service SCISYS for its constellation nanosatellites simulator.

Click here to view video
Wall Street closes in the red: Aus shares to open lower
Wall Street closes in the red: Aus shares to open lower

20 Nov 2017 - Market Outlook in 3 mins: After Wall Street closed in the red on Friday, the Australian share market looks set to open lower this morning. Lucapa Diamond Company (ASX:LOM) and its partners complete a sale of more than 4000 carats of Lulo diamonds which totals $9.6 million. 2 companies are going ex-dividend today.

Click here to view video
Surge to the Friday finish line: Aus shares close 0.2% higher
Surge to the Friday finish line: Aus shares close 0.2% higher

17 Nov 2017 - Surge to the Friday finish line: Aus shares close 0.2% higher. Tatts Group Limited (ASX:TTS) has announced the Australian Competition Tribunal has decided to grant Tabcorp Holdings Limited (ASX:TAH) authorisation to proceed with its proposed merger with Tatts. The authorisation is subject to one condition only, that Tabcorp must divest its Odyssey gaming services business in Queensland.

Click here to view video
Upbeat Friday: Aus shares 0.3% higher at noon
Upbeat Friday: Aus shares 0.3% higher at noon

17 Nov 2017 - The Australian share market opened higher and is now tracking 0.3 per cent up at noon. Afterpay Touch Group (ASX:APT) announces it has received approval from National Australia Bank to increase its existing warehouse funding facility from $200 million to $350 million.

Click here to view video
Share market in the green: Aus shares to open higher
Share market in the green: Aus shares to open higher

17 Nov 2017 - Market Outlook in 3 mins: US share market closed in the green and Australian futures are up, setting the ASX up for a positive day. Oil is tracking lower following rising US oil supplies. Iron ore has picked up, which should be a positive change for the miners today. Genex Power (ASX:GNX) secures up to $5 million in federal government funding from ARENA. Six companies are going ex-dividend today.

Click here to view video
ASX lifts with Santos: Aus shares close 0.16% higher
ASX lifts with Santos: Aus shares close 0.16% higher

16 Nov 2017 - New Hope Group (ASX:NHC) recorded a 6.2 per cent rise in saleable coal this quarter to October compared to the same time last year, as index prices for export coal were strong in the quarter. The coal miner recorded a 16 per cent growth in coal sold this quarter compared to this time last year.

Click here to view video
Tracking flat: Aus shares 0.01% higher at noon
Tracking flat: Aus shares 0.01% higher at noon

16 Nov 2017 - The Australian share market was on the rise this morning and started to slide at midday, after a 4-day losing streak and an unpromising start from Wall Street. Fairfax Media (ASX:FXJ) dropped more than 30 per cent after announcing Domain will start trading today. zipMoney (ASX:ZML) announced Kogan.com (ASX:KGN) has joined the Zip platform, going live today.

Click here to view video
Despite lower leads, futures are up: Aus shares to open higher
Despite lower leads, futures are up: Aus shares to open higher

16 Nov 2017 - Market Outlook in 3 mins: Wall Street closed lower, but the futures are up and the Australian share market looks set to open higher after our fourth straight day of losses yesterday. Payment provider Pushpay (ASX:PPH) has recorded a 145 per cent increase in revenue to US$29.7 million in its 2018 half year results to September compared to the same time last year.

Click here to view video
Market retreats after three-session high: Aus shares close 0.15% lower
Market retreats after three-session high: Aus shares close 0.15% lower

15 Nov 2017 - Market retreats after three-session high: Aus shares close 0.15% lower. Clean Seas Seafood (ASX:CSS) has successfully completed a $17.6 million capital raise. The funds raised will support ongoing growth in the Yellowtail Kingfish biomass and investment in farming and processing facilities.

Click here to view video
Weak Wednesday: Aus shares 0.38% lower at noon
Weak Wednesday: Aus shares 0.38% lower at noon

15 Nov 2017 - ASX dropped after a weak start from Wall Street. The drop in the iron ore price put a cap on gains. Health care and technology are performing well while the other sectors have all dropped. Consumer confidence has dipped this month. AusNet (ASX:AST) has announced a 4.7 per cent growth in revenue to $1.1 billion in the first half of 2018. Moelis (ASX:MOE) has recorded underlying EBITDA of $38 million, a 15 per cent increase from the previous guidance of $33 million. Two IPOs started trading today.

Click here to view video
Weak leads from US markets: Aus shares to open lower
Weak leads from US markets: Aus shares to open lower

15 Nov 2017 - Market Outlook in 3 mins: Wall Street finishes in the red as GE shares continued 2-day fall. ASX set for a slower start, while it's still sitting not far below the 5970 mark. Gold is tracking higher while iron ore has dropped. Consumer confidence figures and wage price index will be out today. Mesoblast (ASX:MSB) announced cash reserves of US$62.9 million in the first quarter of FY2018.

Click here to view video
Profit taking tolls: Aus shares closed 0.88% lower
Profit taking tolls: Aus shares closed 0.88% lower

14 Nov 2017 - Market Wrap: Selling and profit taking drag ASX200 below 6,000. Woodside (ASX:WPL) was heavily sold off today, with total trades of $2 billion. Metals company, TNG (ASX:TNG) advised its patents for its hydrometallurgical process that extract and recover high purity vanadium, has now been approved in the US and Russia. Ocean Grown Abalone (ASX:OGA) listed today. Click video for more news.

Click here to view video
Profit taking drags us lower: Aus shares 0.95% lower at noon
Profit taking drags us lower: Aus shares 0.95% lower at noon

14 Nov 2017 - Market at Midday: Selling and profit taking weigh on ASX200. Beach Energy (ASX:BPT) was sold off by a director, Qantas Airways (ASX:QAN) makes buy-back and Orica (ASX:ORI) went ex-dividend today. ANZ (ASX:ANZ) advised it will be undertaking an on-market purchase of about $120m ANZ shares to settle employee compensation plans. Dreamworld owner, Ardent Group Leisure (ASX:AAD) appointed Brian Horton as Interim Chief Executive Office (CEO) of its Bowling and Entertainment Division. Click video for more news.

Click here to view video
GE falls while Boeing gains: Aus shares to open lower
GE falls while Boeing gains: Aus shares to open lower

14 Nov 2017 - Market Outlook in 3 mins: GE falls more than 7% while Boeing pulled Dow up. Markets were flat amid tax cut concerns. NAB will release business confidence figures for October today. CuDeco (ASX:CDU) enters into a secured loan facility agreement with China Oceanwide International Financial Limited for HKD100 million. Tower (ASX:TWR) reports a full year loss of $8 million for FY2017.

Click here to view video
Financials drag: Aus shares close 0.13% lower
Financials drag: Aus shares close 0.13% lower

13 Nov 2017 - Market Wrap: Sluggish start to the week with Westpac and ANZ going ex-div and IRESS being sold off. Fortescue Metals (ASX:FMG) issued a notice of termination to TransAlta at its gas fired power plant, South Headland Power Station. Volpara Health Technologies (ASX:VHT) has received regulatory clearance approval for its medical device in Japan.

Click here to view video
Shy weekly start, but holding above 6,000: Aus shares 0.25% lower at noon
Shy weekly start, but holding above 6,000: Aus shares 0.25% lower at noon

13 Nov 2017 - Market at Midday: Negative start to week after two big banks go ex-dividend. Rio Tinto (ASX:RIO) completed a $750 million off-market buy back at $63.67. Eden Innovations (ASX:EDE) made two new versions of its product that have higher concentration and at lower cost. Kidman Resources (ASX:KDR) has inked a deal to sell its share capital of its Coolgardie Mining Company, in WA for an initial $121,000 plus royalties. Click video for more.

Click here to view video
Lukewarm US leads: Aus shares to open flat
Lukewarm US leads: Aus shares to open flat

13 Nov 2017 - Market Outlook in 3 mins: Aus shares set to open flat with futures down one point. Bega Cheese (BGA) announces QLD peanut takeover, oil and gold down.

Click here to view video
Record week: Aus shares 0.30% lower, but higher over week
Record week: Aus shares 0.30% lower, but higher over week

10 Nov 2017 - Market Wrap: Sour close for the Australian share market today, but ASX200 higher over the week in record territory. Bega Cheese (ASX:BGA) plans to unconditionally takeover Australia's largest supplier of locally grown peanuts, Peanut Company of Australia (PCA). Outdoor furniture designing and manufacturer OneAll International (ASX:1AL) has upgraded its production capacity to meet its surging sales. Click for more news.

Click here to view video
Selling mode, but above 6,000: Aus shares 0.3% lower at noon
Selling mode, but above 6,000: Aus shares 0.3% lower at noon

10 Nov 2017 - Market at Midday: In selling territory but still holding at record highs. RBA's statement about mining helped to recover gains. The JV project with Origin Energy (ASX:ORG) and AWE (ASX:AWE) delivered 'excellent gas flows' at their onshore Perth basin Waitsia field. One of the world's largest uranium producers, Cameco, is set to shave 10 per cent of the world's supply out of the market.

Click here to view video
Tax reform delays stalls markets: Aus shares to open lower
Tax reform delays stalls markets: Aus shares to open lower

10 Nov 2017 - Market Outlook in 3 mins: The Dow dropped after concerns over tax reform delays. S&P 500 and Nasdaq also fell and the US dollar is on a 6-day low. Oil and gold are higher, while iron ore has dropped. New Zealand-based investment company Infratil (ASX:IFT) recorded revenue of $936 million in six months to September which is a 3.7% decline. CSR, Kathmandu and Whitehaven Coal are going ex-dividend.

Click here to view video
Another smash hit: Aus shares close 0.55% higher
Another smash hit: Aus shares close 0.55% higher

09 Nov 2017 - Market Wrap: Another record breaking day for the Australian share market. ASX200 rallies, closing at 6,049. Bluescope Steel (ASX:BSL) added around 2 per cent. While Rio Tinto (ASX:RIO) outperformed BHP (ASX:BHP). Inghams Group (ASX:ING) told the market that it made an administrative oversight, in not disclosing if some of its newly appointed directors had an interest in the company. Volpara Health Technology (ASX:VHT) saw its sales, revenue and gross profits rise over the half year to 30 September, but it has still remained in net loss territory. Click video for more news.

Click here to view video
Rally continues: Aus shares 0.25% higher at noon
Rally continues: Aus shares 0.25% higher at noon

09 Nov 2017 - Market at Midday: ASX200 rallies above 6,000 points for second day. Housing finance falls, according to ABS. Software company, Xero (ASX:XRO) to join the ASX200 club. It also saw 37 per cent stronger revenues in HY18. Flight Centre Travel (ASX:FLT) says despite coming across headwinds in early 2017, it's expecting a stronger FY18 with some of its division trading at record highs. Click for video report in 3 minutes.

Home

Search

Login

Report a bug