Mustang Resources Limited (ASX: MUS) has announced that its Caula Vanadium-Graphite project in Mozambique has moved up on its development milestones with the completion of an upgraded JORC-compliant Graphite Mineral Resource estimate. As per the recent update, the total Updated … Continue reading Mustang Resources Limited traded flat despite upgraded Graphite Mineral Resource at Caula
Earnings downgrade: Nufarm Limited’s (ASX: NUF) stock plunged 11.058% on July 23, 2018 after the company downgraded its full year guidance and now expects the FY18 EBIT contribution from the ANZ business to be in the range of $5 million-$10 … Continue reading Nufarm Limited stock under pressure on earnings downgrade
The generic Efudex’ (fluorouracil cream 5%) acquisition from Spear Pharmaceuticals, Inc., comprising of US$16.0 million in cash and US$4.0 million in Mayne Pharma equity for the total of US$20.0 million, plus contingent payments of up to US$10.0 million, has been … Continue reading Mayne Pharma Group Limited (ASX: MYX) – New acquisition and agreement
The company is Western Australia’s leading apartment developer which has revised its profit guidance for the financial year ended June 30, 2018 and expects to be reporting a net profit after tax of approximately $14 million. Net profit after tax … Continue reading Is Finbar Group Limited (ASX: FRI) about to touch $1 with revised profit guidance?
Wesfarmers Limited’s (ASX: WES) stock tumbled by 1 per cent on July 23, 2018 after the announcement of Coles demerger update in which Wesfarmers’ shareholders will receive 1 Coles share for every Wesfarmers share held. The deal is expected to … Continue reading Wesfarmers Limited Edging Low on Coles Demerger Update
Navitas Limited (ASX: NVT) inked an agreement with University of Twente to take over its pathway program for international students. The agreement takes after NVT effectively competing in the university’s selection procedure for the provision of these services. As per … Continue reading Navitas Limited – Footprint Expansion into Netherlands via Partnership with University of Twente
Sydney Airport (ASX: SYD), an industrial sector stock updated the market on traffic performance. In terms of number of persons, monthly performance number remained same from June 2017 to June 2018 at 2,130 for the domestic market. While there was … Continue reading Sydney Airport (ASX: SYD) – Traffic growth on the international front