Service Stream (ASX:SSM) secure agreement with NBN
16 Dec 2020 - Leading essential network services company Service Stream (ASX:SSM) secured a significant long-term agreement with the nbn Co.
16Dec
16Dec
AUD up against a weakened USD: ASX points to a rise at the open
16 Dec 2020 - The ASX looks set to rise this morning as US stocks were boosted by a push for a fresh stimulus package. Yesterday, US Congress moved towards a federal spending package that would boost the economy. Apple shares surged by up to 4%. The AUD is on the up this morning, trading at over US75 cents. Openpay Group (ASX:OPY) reports it has had its best ever month of trading.
16Dec
Infratil (ASX:IFT) acquisition of Qscan with FIRB
16 Dec 2020 - On 26 October 2020, Infratil (ASX:IFT) announced that it had executed a conditional binding offer to acquire up to 60 per cent of Qscan Group Holdings from Quadrant Private Equity and existing doctor and management shareholders, for total cash equity consideration of up to $330 million.
16Dec
Tilt Renewables (ASX:TLT) offtake agreement for Rye Park Wind Farm
16 Dec 2020 - Tilt Renewables (ASX:TLT) has finalised an offtake agreement with Newcrest Mining for the supply of electricity and green products for a 15-year period from the Rye Park Wind Farm.
15Dec
Shares in Mesoblast (ASX:MSB) drop over 15%: ASX closed 0.4% lower
15 Dec 2020 - The local sharemarket ended lower today after failing to gain momentum after a drop at the open. Shares in Reliance Worldwide Corporation (ASX:RWC) are doing well today meanwhile, shares in Mesoblast (ASX:MSB) dropped over 15%. DWS Limited (ASX:DWS) says FIRB has confirmed to HCL that the Treasurer has no objection to the proposed acquisition.
15Dec
A positive start for today’s IPOs: ASX tracking 0.2% lower
15 Dec 2020 - The ASX opened lower this morning with the S&P/ASX 200 Index 11 points down or 0.2% lower. Shares in Xero (ASX:XRO) did well today meanwhile shares in Mesoblast (ASX:MSB) didn’t do so well after releasing a report that its cell therapy treatment didn’t quite make expectations in its phase three trials. ACCC alleges unconscionable, misleading conduct from the Retail Food Group.
15Dec
MACA (ASX:MLD) to buy Downer EDIs Mining West business
15 Dec 2020 - Contracting group MACA (ASX:MLD) is set to buy Downer EDI’s Mining West business for an acquisition value of $175 million with approximately $30 million from the unwinding of working capital balances.
15Dec
ACCC flags Woolworths (ASX:WOW) acquisition of PFD
15 Dec 2020 - The ACCC has outlined preliminary competition concerns with Woolworths’ (ASX:WOW) proposal to acquire 65 per cent of PFD Food Services.
15Dec
Mesoblast (ASX:MSB) report improved outcome in heart failure patients
15 Dec 2020 - Cellular medicine company Mesoblast (ASX:MSB) announced top-line results from the landmark DREAM-HF Phase 3 trial of its allogeneic cell therapy rexlemestrocel-L (REVASCOR®) in 537 patients with advanced chronic heart failure.
15Dec
Cochlear (ASX:COH) reports US court upholds $US280m ruling
dd Mmm 2020 - Cochlear (ASX:COH) says the United States Supreme Court has denied Cochlear’s petition for review of the US Federal Circuit’s decision upholding a Judgment of USD $280 million in patent infringement damages against Cochlear in the lawsuit by the Alfred E. Mann Foundation for Scientific Research (“AMF”) and Advanced Bionics LLC (“AB”).