Stocks of the Hour: Nickel Mines, Incitec Pivot & Breville

11Mar

Stocks of the Hour: Nickel Mines, Incitec Pivot & Breville

 

Nickel Mines (ASX:NIC) has withdrawn its Share Purchase Plan after noting the retraction in the company’s share price and current market volatility. The miner said applications had far exceeded the $18 million target after it reached around $57 million. However, the company will refund applicants on March 16. Shares are trading 4.1 per cent higher at $1.27.

Incitec Pivot (ASX:IPL) has appointed Paul Victor from Sasol in South Africa as Incitec’s chief financial officer (CFO). Chris Opperman will continue as interim CFO until Victor starts on July 1. Shares are trading 4.3 per cent higher at $3.77.

Meanwhile, the kitchen appliance maker Breville (ASX:BRG) is set to acquire the Italian-based coffee group LELIT. The transaction is expected to complete by early July, following a pre-acquisition restructure of the LELIT group. Shares are trading 1.5 per cent lower at $26.57.
 
Copyright 2022 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

11Mar

Emerald Resources NL (ASX:EMR) welcome US$60m Okvau Project Development credit agreement

11 Mar 2020 - Emerald Resources NL (ASX:EMR) is pleased to announce it has signed the Credit Agreement with Sprott Private Resource Lending for the US$60 million Okvau Debt Facility.

Read More
04Feb

Pinnacle Investment’s (ASX:PNI) NPAT jumps 120% in 1H FY21

04 Feb 2021 - Pinnacle Investment Management Group's (ASX:PNI) net profit after tax attributable to shareholders is up 120 per cent to $30.3 million in the six months to December, compared to the same period for the prior year.

Read More
18Dec

The ANZ Bank New Zealand (ASX:ANZ) appoints a new CEO

18 Dec 2019 - The Board of ANZ Bank New Zealand (ASX:ANZ) today announced that Antonia Watson has been appointed as the company’s Chief Executive Officer.

Read More
04Feb

Shopping Centres Australasia (ASX:SCP) increases profit

04 Feb 2020 - SCA Property Group (ASX:SCP) has reported statutory net profit after tax of $90.2 million for the six months to December 31, a rise of 130 per cent compared to the same period last year.

Read More
06Jul

Stocks of the Hour: Talga Group, Anson Resources & Renascor Resources

06 Jul 2022 - A snapshot of the stocks on the move featuring, Talga Group (ASX:TLG), Anson Resources (ASX:ASN) & Renascor Resources (ASX:RNU).

Read More
10Apr

Perenti Global (ASX:PRN) bags $80m cash for asset sales

09 Apr 2021 - The sales of Perenti Global (ASX:PRN)’s mining assets in Mali and Burkina Faso have generated $80 million in cash for the mining company.

Read More
29Aug

Woolworths lifts profit to $1.75 billion

29 Aug 2019 - Woolworths (ASX:WOW) has increased its net profit after tax 7.2 per cent to $1.75 billion for the year, helped by strong food sales in its supermarkets.

Read More
19Nov

Adelaide Brighton (ASX:ABC) increases borrowing limits to $900m

19 Nov 2019 - Building construction firm Adelaide Brighton Ltd (ASX:ABC) has extended the maturity of its debt and increased its committed borrowing limits from A$715 million to A$900 million.

Read More
23Jun

Stocks of the Hour: Beston Food, ArchTIS, PayGroup

23 Jun 2022 - A snapshot of the stocks on the move featuring, Beston Food Company (ASX:BFC), ArchTIS (ASX:AR9), and PayGroup (ASX:PYG).

Read More
18Aug

Stocks of the Hour: Orexplore Technologies, Piedmont Lithium, Jaxsta

18 Aug 2023 - A snapshot of the stocks on the move, featuring Orexplore Technologies (ASX:OXT), Piedmont Lithium (Nasdaq:PLL; ASX:PLL) and Jaxsta (ASX:JXT).

Read More