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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
4mins
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
3mins
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
1min
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
1min
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
1min
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
1min
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
1min
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
1min
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
3mins
Password Sharing May Be A Streaming Crisis

Password Sharing May Be A Streaming Crisis

Still, using your college roommates Netflix? You're not alone. Password sharing for streaming services like Netflix, HBO, Hulu, Amazon has become the norm.
Stringr
1min
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
4mins
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
3mins
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
1min
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
1min
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
1min
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
1min
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
4mins
Kenya: Global Teen

Kenya: Global Teen

In this edition of Global Teen we meet Jessica Achieng from Nairobi, Kenya. She enjoys going to school and hopes to become a musician.
Deutsche Welle
3mins
Solomon Islands: Protecting sea turtles

Solomon Islands: Protecting sea turtles

Hunting and illegal trading pose a threat to hawksbill sea turtles on the Solomon Islands. Local women are working together to protect the turtles' breeding grounds in the country's first-ever national park.
Deutsche Welle
7mins
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
2mins
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
1min
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
1min
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
1min
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
1min
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
1min
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
1min
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
4mins
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
3mins
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
1min
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
1min
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
1min
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
1min
Higher Minimum Wages Linked To Lower Suicide Rates

Higher Minimum Wages Linked To Lower Suicide Rates

According to a study published in the Journal of Epidemiology & Community Health, raising the minimum wage was linked to a reduction in the suicide rate for Americans.
Stringr
1min
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
24secs
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
1min
Are coastal dikes enough to protect against sea level rise?

Are coastal dikes enough to protect against sea level rise?

A meter below sea level, the German island of Pellworm is surrounded by towering dikes designed to keep storm surges out. But will they be enough to protect the green island from climate-induced rising waters?
Deutsche Welle
5mins
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
3mins
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
3mins
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
1min
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
1min
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
1min
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
1min
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
3mins
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
1min
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
1min
A shortage in the skilled trades

A shortage in the skilled trades

The construction industry is booming in Germany right now. But many firms are having a hard time finding workers who are masters of their trade. What might persuade more young people to become craft workers?
Deutsche Welle
5mins
Brains - help or hindrance?

Brains - help or hindrance?

How do people considered highly intelligent fare in a world full of regular people? DW meets four smart youngsters and their families.
Deutsche Welle
8mins
Fearless young entrepreneurs

Fearless young entrepreneurs

Fresh out of high school, two teenagers developed an app to help others decide what to study at university. Their firm has moved into consultancy work and now has several employees.
Deutsche Welle
5mins