Latest It Services News

AMP Limited has announced an ordinary dividend of AUD 0.02 per share for the six months ending June 2025, with a 20% franking credit, payable in late September.

AMP Limited reported a 9.2% rise in underlying net profit after tax for the first half of 2025, alongside a declared interim dividend, while navigating fresh legal challenges.

Castle Minerals is launching a major auger drilling campaign at its Kandia Gold Prospect in northern Ghana, aiming to extend known gold zones and test new targets identified through advanced aeromagnetic surveys. Positive results could fast-track follow-up drilling and bolster the company’s exploration momentum in a highly prospective region.

News Corporation has reported a modest 2% increase in revenues to US$8.452 billion for the fiscal year ended June 30, 2025, alongside a remarkable 344% surge in net income to US$1.18 billion. The company declared a stable total dividend of US$0.20 per share, reflecting confidence despite market challenges.

Silk Logistics Holdings Limited will be suspended from ASX trading following court approval of its acquisition by DP World Australia, marking a significant shift in the logistics sector.

EOS has landed a landmark €71.4 million export contract for its 100kW High Energy Laser Weapon system, marking a significant advance in counter-drone defense technology amid escalating global drone warfare threats.

The Supreme Court of New South Wales has approved DP World Australia’s acquisition of Silk Logistics, paving the way for a $2.14 per share cash payout to Silk shareholders and imminent suspension of Silk shares on the ASX.

The Supreme Court of New South Wales has approved CoStar Group’s acquisition of Domain Holdings Australia, setting the stage for a significant ownership change and a special dividend payout to shareholders.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

Finexia Financial Group has ended talks on a major disposal deal and is managing loan defaults with fresh collateral, while expanding its childcare lending strategy.

RooLife Group has secured a two-year supply agreement with Eternal Asia, granting access to over one million retail outlets across China and potential annual orders worth up to AUD 110 million.

FirstWave’s Q4 FY25 update reveals a slight revenue decline but highlights a strategic AWS partnership and new chairman appointment, signaling a pivotal growth phase.