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News
National Australia Bank (ASX: NAB) Kicks Off Job Shedding At Private Bank
September 28, 2018 07:58 AM AEST| By Team Kalkine MediaNational Australia Bank has taken the knife across its private bank, cutting around 50 jobs as it strides to develop a new NAB Partners operating model. Street Talks revealed that cuts included credit personnel, frontline bankers and consultants. The...
Much Awaited Banking Royal Commission’s Report Out: Greed Declared As the Reason
September 28, 2018 07:52 AM AEST| By Team Kalkine MediaThe Banking Royal Commission finally came out with the interim report which covered consumer lending, financial planning, business lending, farm finance and Indigenous finance. The primary concern was that what led to the poor behavior of the banks a...
Big Un Administrator Granted Additional Time
September 28, 2018 07:45 AM AEST| By Team Kalkine MediaSome money has been owed to the creditors of Big Un Limited. These creditors would be meeting again as the administrator which was appointed by the company demanded more time in order to carefully look at the assets which could be sold. On September...
333D Traded Flat - Reported FY18 Net Loss of $2.49m Lately
September 28, 2018 07:30 AM AEST| By Team Kalkine MediaLoss After tax declined by 56% in FY 18: 333D Ltd (ASX: T3D), has strengthened its strategic position during the financial year 2018 after the company secured the additional licenses to print and promote sportspersons across several popular sporting...
Riversgold Limited (ASX: RGL) Shares Plunged after $7.39 Million Loss Overweighed the News of High-grade Gold Discovery at Quicksilver
September 28, 2018 07:25 AM AEST| By Team Kalkine MediaHigh-grade gold results at Quicksilver Riversgold Limited (ASX: RGL) has discovered high-grade gold in rock chip assay grading to an average 8 g/t gold at Quicksilver Gold prospect located in Tintina Gold Belt in southwest Alaska, USA. On 27 Septe...
Battery Minerals (ASX: BAT) Announces For Positive Progress At Montepuez Graphite Project
September 28, 2018 07:20 AM AEST| By Team Kalkine MediaKey construction milestones achieved at $51 million Montepuez project: Battery Minerals Ltd.?s (ASX: BAT) stock rose initially by about 3.45% on September 28, 2018 after the company met the key construction milestones at $51 million Montepuez graphit...
Spark Infrastructure Share Price Increases After Release Of Investor Road Show Presentation
September 28, 2018 07:15 AM AEST| By Team Kalkine MediaSpark Infrastructure Group (ASX: SKI) released its Investor road show presentation on 28 September 2018, following which the company?s share price increased by 2.75%.? The company announced that despite the continued uncertainty of energy policies th...
Navitas Limited (ASX: NVT) Expands footprint in Netherlands
September 28, 2018 07:11 AM AEST| By Team Kalkine MediaNavitas? shares advanced higher after the company announced about a deal for a new pathway college in the heart of Netherlands, Hague. At the time of writing, 28 September 2018 (4:22 PM AEST), NVT share price has gone up by 2.28% or $0.100 to $4.49....
A Quick Overview Of The Australian Monetary Policy Decision
September 28, 2018 06:05 AM AEST| By Team Kalkine MediaAs per the monetary policy decision on September 4, 2018, the governor of the central bank of Australia decided to keep the rates unchanged at 1.50%. According to him, China?s growth has been witnessing a marginal downward momentum and the regulatory...
Share Plunged On ASX After The News On SEC Demands Exit Of Elon Musk Over False Statements
September 28, 2018 05:59 AM AEST| By Team Kalkine MediaThe chief executive officer or CEO of Tesla (NASDAQ: TSLA), Elon Musk, have been posting false tweets on the social networking site thereby misleading the investors as well as its followers on Twitter. The company?s executive has posted that he would...
Westpac Banking Corporation (ASX: WBC) Flagged a $235 million decline in 2018 cash earnings
September 28, 2018 05:46 AM AEST| By Team Kalkine MediaWestpac Banking Corporation has sniveled for $235 million reduction in its full-year 2018 cash earnings as it increases provision for customer refunds in respect of inadequate financial services provided by the group. Along with this, the payment of...
Blue Sky Trading Halt Could Bring In Positive Results
September 28, 2018 04:56 AM AEST| By Team Kalkine MediaBlue Sky Alternative Investments Ltd?(ASX: BLA)?announced on 28 September 2018 that its securities will be placed in trading halt. In the past one year the company placed its securities in trading halt at many occasions. However, on this occasion it...
Nufarm's Brokers Search Buyers For $75m Shortfall
September 28, 2018 04:24 AM AEST| By Team Kalkine MediaNufarm Limited (ASX: NUF) is in the business of developing and selling of crop protection products in Asia, Australia, Latin America, Europe and New Zealand. According to the recent news, the company?s brokers, Macquarie Capital and UBS are trying to...
3 Stocks Under Investors’ Purview – MXC, RAP and A2M
September 28, 2018 03:37 AM AEST| By Team Kalkine MediaMGC PHARMACEUTICALS LTD (ASX: MXC) On 27 September 2018, the MGC Pharmaceuticals ltd.?s securities were reinstated to official quotation after the company?s announcement of sale of its MGC Derma business to cannabis investment company Cannaglobal, w...
4 Stocks To Be Watched Out – LIN, UBN, QFY and FCC
September 28, 2018 01:57 AM AEST| By Team Kalkine MediaLINDIAN RESOURCES LIMITED (ASX: LIN) Lindian Resources Limited (ASX: LIN) has reported about an option agreement under which the group is acquiring up to 75% stake in Kangankunde Rare Earths Project (Malawi); and this asset represents a significant r...
Australian Markets Ended Marginally Lower, Banking Stocks Impacted Broad Markets
September 27, 2018 11:00 AM AEST| By Team Kalkine MediaWhatâs with the US Markets? Fed Raises Rates and Much More The recent move by the Federal Reserve was expected by the broader markets and market participants. The US central bank ended the meeting by announcing a rate hike of 25 bps (basis.....
Electricity Retailers Rnforced To Reveal The Change In Prices Beforehand
September 27, 2018 09:25 AM AEST| By Team Kalkine MediaElectricity retailers in Australia are no-more free to introduce price changes as a shock. The Australian Energy Market Commission announced a new rule under which electricity retailers are required to inform its customers at least five days prior to...
China Threatens Aussie Coal Miners, Flags To Cease Coal Imports
September 27, 2018 09:05 AM AEST| By Team Kalkine MediaIn the ferocious ongoing trade war China quietly triggers another trade demarcation. This time its for coal imports in China. It has been heard that in an offer China has instituted unofficial restriction on coal imports in support of domestic coal...
Fox Decided To Sell 39% Stake In Sky
September 27, 2018 09:00 AM AEST| By Team Kalkine MediaOn September 26, 2018, Twenty-first Century Fox Inc. reported that the company would be unloading its 36% holding in Sky. The company has decided to sell this to Comcast Corporation, which is the leading cable company based out of the United States....
Upcoming Dividends – November Part 1
September 27, 2018 09:00 AM AEST| By Team Kalkine MediaFreedom Foods Group Ltd Focus on innovation, brand and market development : Freedom Foods Group Ltd (ASX: FNP) manufactures nutritious food & beverages specialising in - soy, rice milks and breakfast drinks. The firm is investing on innovation, b...
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