Stock Price Tumbled After The Disappointing Financial Sales Performance Of Bellamy's

Bellamy's Australia Limited (ASX: BAL) highlights about its full year sales report for its baby formula which remains at its lower end of the guidance report. This will result in the fall of revenue by 15% in the first half of FY2019. It appears that...

ASIC Flags Issues In Oxford Scheme Implementation Agreement With IOF

In the month of October 2018, Investa Listed Funds Management Limited (ILFML) as responsible entity of the Investa Office Fund (ASX: IOF) received? a conditional proposal from Oxford Properties Group to acquire 100 percent of IOF for $5.60 per unit. ...

The Big Four Banks Are Expected to Disappoint Investors: Have You Done Reshuffling?

The Australian markets are witnessing the negative impacts from the global macroeconomic factors and the lower expectations from the banking sector is one of the primary reasons responsible. The banking sector are facing the regulatory challenges and...

Housing Crises Is Not Over: Should You Be Worried?

As per QBE Insurance Group Limited (ASX: QBE), the fall in the housing prices is not over yet and further fall is in store. QBE Housing Outlook report stated that Sydney is expected to witness a further fall of 3.5% in 2019 and expects that the momen...

Quickstep Is Positive About Its Cash Flow To Increase This Financial Year

Quickstep Holdings is expecting a positive cashflow for the 2019 financial year even though there was a cash outflow of $2 million in the first quarter as a result of delayed customer payments. Quickstep (ASX: QHL), which prepares parts for the defe...

AMP Limited Witnessed $2.4 billion Wipeout In A Single Day

On 25 October 2018, AMP Limited?s (ASX: AMP) witnessed biggest one-day fall ever as the company?s shares slide from $3.310 on 24 October 2018 to $2.500 at the end of 25 October 2018. Due to this intraday slide, more than $2.4 billion worth of shareho...

Challenger Ltd Tumbles After CEO Transition

On 26 October 2018, Challenger Ltd (ASX: CGF) announced that Mr. Brian Benari is retiring from the role of? Managing Director and Chief Executive Officer and the Board has appointed Mr. Richard Howes as the new CEO of the company. Following this news...

Kidman Is In Talking To Receive Over $100 Million Funds From Partner SQM

After estimating the project capital cost of US$601 million at the start of this week, Kidman is currently in talking to receive the funds from Chile based joint venture partner Sociedad Quimica y Minera (SQM). The funding intends to partially suppo...

AMP Limited’s Shares Tumbled On ASX After Announcing Sale Of AMP Life Business

On 25 October 2018, AMP Limited?s (ASX: AMP) made an announcement regarding an agreement to divest its Australian and New Zealand wealth protection and mature businesses (AMP Life) and reinsure New Zealand retail wealth protection for total proceeds ...

ANZ Refused the Australia Post Deal as It Finds the Deal Unfair

ANZ Banking Corp finds the fee to access all the branches of Australia Post to be unfair, hence refused to pay the fee of $22 million a year. As per Shayne Elliott who is the chief executive officer of ANZ, Australia Post is asking to pay three to f...