All the sectors in the green: ASX tracking almost 2% higher at noon

All the sectors in the green: ASX tracking almost 2% higher at noon

09 Apr 2020 - The ASX shot up at the open and is now tracking almost 2% higher at noon. Shares in oOh!media (ASX:OML) are on the up after HT&E has acquired at least 11 million shares in the company representing at least 1.8% of the Company’s issue...
Finance News Network
HT&E takes 1.8% stake in oOh!media (ASX:OML)

HT&E takes 1.8% stake in oOh!media (ASX:OML)

09 Apr 2020 - oOh!media (ASX:OML) has become aware that HT&E has acquired at least 11 million oOh!media shares as at the latest share register obtained by the Company for 6 April 2020, representing at least 1.8 per cent of the Company’s issued cap...
Finance News Network
Centuria Industrial REIT (ASX:CIP) to raise $140 million

Centuria Industrial REIT (ASX:CIP) to raise $140 million

09 Apr 2020 - Centuria Property Funds No.2 as Responsible Entity for Centuria Industrial REIT (ASX:CIP) has launched a fully underwritten institutional placement to raise $130 million and a non-underwritten Unit Purchase Plan to raise approximatel...
Finance News Network
Phoslock Environmental Technologies (ASX:PET) capital raise for China expansion

Phoslock Environmental Technologies (ASX:PET) capital raise for China expansion

09 Apr 2020 - Water treatment business Phoslock Environmental Technologies (ASX:PET) has raised $12 million pursuant to a share placement of 24 million fully paid ordinary shares at an issue price of 50 cents per share to Institutional Investors i...
Finance News Network
Mesoblast (ASX:MSB) see trials for COVID-19 lung distress

Mesoblast (ASX:MSB) see trials for COVID-19 lung distress

09 Apr 2020 - Mesoblast (ASX:MSB) today announced that its stem cell product candidate remestemcel-L will be formally evaluated in a randomized, placebo-controlled trial in patients with acute respiratory distress syndrome (ARDS) caused by coronav...
Finance News Network
Wall Street rally continues: ASX poised to open higher

Wall Street rally continues: ASX poised to open higher

09 Apr 2020 - The ASX looks set to open higher this morning. US stocks are having a rollercoaster of a week. The 76 day lockdown in the Chinese city of Wuhan where coronavirus first emerged has now ended and people can travel to other parts of Chi...
Finance News Network
Fitch downgrades the Big Four banks: ASX tracking 0.3% lower at noon

Fitch downgrades the Big Four banks: ASX tracking 0.3% lower at noon

08 Apr 2020 - The ASX dropped at the open and is struggling to gain momentum but managed to scrape back to be now tracking 0.3% lower at noon. The economic crisis from COVID-19 has prompted Fitch Ratings to downgrade the credit rating for the big ...
Finance News Network
Cochlear (ASX:COH) sees FDA approval for Remote Check

Cochlear (ASX:COH) sees FDA approval for Remote Check

08 Apr 2020 - Implantable hearing solutions company Cochlear (ASX:COH) has obtained US Food and Drug Administration (FDA) approval for its Remote Check solution.
Finance News Network
Oil Search (ASX:OSH) close books on equity raise

Oil Search (ASX:OSH) close books on equity raise

08 Apr 2020 - Oil Search (ASX:OSH) is pleased to announce the successful completion os the institutional component of its entitlement offer and placement raising $1 billion.
Finance News Network
Zip Co (ASX:Z1P) see $45 million revenue for the quarter

Zip Co (ASX:Z1P) see $45 million revenue for the quarter

08 Apr 2020 - Fintech company Zip Co (ASX:Z1P) reports for the quarter ended 31 March 2020 (Q3 FY20) that they delivered a strong set of quarterly numbers against a backdrop of economic uncertainty generating $45 million in revenue over the quarter.
Finance News Network
IAG (ASX:IAG) CEO to stand down

IAG (ASX:IAG) CEO to stand down

08 Apr 2020 - IAG (ASX:IAG) Managing Director and Chief Executive Officer Peter Harmer has advised the Board of his intention to retire by the end of 2020.
Finance News Network
Some states could lift coronvirus restrictions sooner than others: ASX poised to open lower

Some states could lift coronvirus restrictions sooner than others: ASX poised to open lower

08 Apr 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. Britain and New York state have reported their worst daily death tolls since the coronavirus pandemic began. Back home, Prime Minister Scott Morrison...
Finance News Network