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 APA will 'revert to Plan A' if $13 billion deal gets blocked by FIRB

APA will 'revert to Plan A' if $13 billion deal gets blocked by FIRB

October 25, 2018 06:12 AM AEDT| By Team Kalkine Media

On 25 October 2018, APA Group (ASX: APA) held its annual general meeting, in which Chairman Mr. Michael Fraser informed that if CK Group doesn't win foreign investment approval for the company?s $13 billion takeover bid for the gas pipeline owner, th...

 Cobalt Blue shares Pounded; Forfeits Ownership Of Cobalt Project After Missed Deadline

Cobalt Blue shares Pounded; Forfeits Ownership Of Cobalt Project After Missed Deadline

October 25, 2018 06:04 AM AEDT| By Team Kalkine Media

On its Thackaringa cobalt project to meet a mid-2019 deadline, Cobalt Blue will not rush a final feasibility study ? from its joint venture partner losing its chance to grab full ownership of the project. By mid-morning on the news, Cobalt Blue (ASX:...

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

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

October 25, 2018 05:44 AM AEDT| By Team Kalkine Media

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...

 Tabcorp Holdings Limited Moves Lower On Release Of Investors’ Day Presentation

Tabcorp Holdings Limited Moves Lower On Release Of Investors’ Day Presentation

October 25, 2018 05:31 AM AEDT| By Team Kalkine Media

Australia?s leading gambling entertainment group, with its diversified set of operations, and extensive network of retail venues under a series of long-dated government issued licenses and authorizations organized its scheduled Investors meet on Octo...

 Australian Housing Market Is Indeed Struggling: What You Need to Know

Australian Housing Market Is Indeed Struggling: What You Need to Know

October 25, 2018 05:19 AM AEDT| By Team Kalkine Media

The housing prices in Australia are not in a good shape as we have already seen that the mortgage lending commitments have witnessed a steep fall in the month of August. This was witnessed because of the fall in the owner-occupier loans which had fur...

 OMH Experienced A 26.9% Fall In The Transaction Of Ores And Alloys

OMH Experienced A 26.9% Fall In The Transaction Of Ores And Alloys

October 25, 2018 05:02 AM AEDT| By Team Kalkine Media

OM Materials (Sarawak) Sdn Bhd is the owner of 75% of the smelter in Samalaju Industrial Park located in East Malaysia. For the quarter ended 30 September 2018, the company was able to produce 58,121 tonnes of ferrosilicon (?FeSi?) and 55,628 tonnes...

 Qantas Rides Out Rising Fuel Costs As Quarterly Revenue Lifts 

Qantas Rides Out Rising Fuel Costs As Quarterly Revenue Lifts 

October 25, 2018 04:52 AM AEDT| By Team Kalkine Media

Qantas Airways (ASX: QAN) flags record level of revenue for the first quarter of fiscal 2019 despite facing headwinds from higher fuel costs. The total revenue achieved in Q1 FY19 was $4.41 billion, up 6.3 percent from previous corresponding period....

 Cash Splash: BHP Shareholders Set For Bonanza From $15b Shale Sale

Cash Splash: BHP Shareholders Set For Bonanza From $15b Shale Sale

October 25, 2018 04:08 AM AEDT| By Team Kalkine Media

From its withdrawal from the US onshore shale oil and gas sector, BHP (ASX: BHP)?will have stacked the first $US5.5 billion ($7.75 billion) instalment of the proceeds, by this time next week. From the sale to BP, the remaining $US5.25 billion, to flo...

 What Is A Listed Investment Company (LIC)?

What Is A Listed Investment Company (LIC)?

October 25, 2018 03:56 AM AEDT| By Team Kalkine Media

Listed investment company (LIC) is a listed investment vehicle on Australian Stock Exchange (ASX) which gives investors exposure to a diversified group of securities through a single investment. It provides access to diversified portfolio of shares i...

 Class Limited Shares Decline Following The Surprise Exit Of CEO Mr. Kevin Bungard

Class Limited Shares Decline Following The Surprise Exit Of CEO Mr. Kevin Bungard

October 25, 2018 02:54 AM AEDT| By Team Kalkine Media

On 24 October 2018, Class Limited (ASX: CL1) announced that Mr. Kevin Bungard is stepping down from his role of CEO by mutual agreement with the board. Following this news, the share price of the company declined by 6.944 percent as on 25 October 201...

 Blackmores Limited’s Shares Declined Despite Reporting Strong Sales And Profit Growth In Q1

Blackmores Limited’s Shares Declined Despite Reporting Strong Sales And Profit Growth In Q1

October 25, 2018 02:18 AM AEDT| By Team Kalkine Media

On 25 October 2018, Australian natural health company - Blackmores Limited (ASX: BKL) held its Annual General Meeting in which the company discussed the results of FY 2018 and also announced about the ?strong sales and profit growth in the first quar...

 IHL’s Application Process On Track To Obtain License To Import, Store, Distribute And Export Of Medicinal Cannabis Products

IHL’s Application Process On Track To Obtain License To Import, Store, Distribute And Export Of Medicinal Cannabis Products

October 24, 2018 12:56 PM AEDT| By Team Kalkine Media

Impression Healthcare Limited (ASX: IHL), the mouthguard maker has become serious about becoming a pot stock. For that reason, it has started the lengthy process of applying for local cannabis licenses. After the news regarding the Marijuana stock pe...

 ALS Limited Clutches USD 300 Million New Debt Facilities

ALS Limited Clutches USD 300 Million New Debt Facilities

October 24, 2018 12:52 PM AEDT| By Team Kalkine Media

Testing service provider ALS Limited (ASX: ALQ) has successfully secured US$300 million credit facility for the tenor of 3 years. In the announcement to Australian Securities Exchange, ALS has announced the completion of refinancing of its current b...

 How To Develop An Investment Strategy

How To Develop An Investment Strategy

October 24, 2018 12:44 PM AEDT| By Team Kalkine Media

An investment strategy or sometimes referred to as investment plan is one in which it is important to identify your priorities and is usually developed in few steps which includes the following: Your investment objective Time Horizon Asset Alloc...

 RBA Not Yet Convinced That There Is A Need For National Digital Dollar

RBA Not Yet Convinced That There Is A Need For National Digital Dollar

October 24, 2018 12:38 PM AEDT| By Team Kalkine Media

Cryptocurrencies such as Bitcoin?have influenced many countries to seriously explore the possibility of issuing their own national digital currencies and central banks in many countries like U.S. and China are doing research on the opportunities, ben...

 WorleyParsons Limited (ASX: WOR) Plunges Heavily – Things You Need To Know

WorleyParsons Limited (ASX: WOR) Plunges Heavily – Things You Need To Know

October 24, 2018 12:35 PM AEDT| By Team Kalkine Media

Post a 2-day trading halt, WorleyParsons Limited (ASX: WOR) witnessed a steep plunge in its stock price while it expressed about acquiring Jacobs? Engineering Group?s Energy, Chemicals and Resources business (Jacobs ECR) for a consideration of about...

 Ericsson Becomes The Key Technology Provider For The 5G Rollout At Telstra

Ericsson Becomes The Key Technology Provider For The 5G Rollout At Telstra

October 24, 2018 12:30 PM AEDT| By Team Kalkine Media

Andy Penn the chief executive officer of Telstra Corporation Limited (ASX: TLS) has locked in Ericsson as the key technology provider for the 5G rollout. It forms an important pillar in the turnaround plans for the telecommunications giant. Telstra...

 GPT Group upgrades its FY18 guidance on FFO and distributions

GPT Group upgrades its FY18 guidance on FFO and distributions

October 24, 2018 12:23 PM AEDT| By Team Kalkine Media

The stock price of property giant GPT Group (ASX: GPT) surged up on upgraded guidance and the release of operational update for the quarter ended 30 September 2018. It has gone up by 1.972% to close at $5.170 today, i.e. 24 October 2018. GPT Group ha...

 3 Resources Stocks Under Spotlight – AVZ, GXY and AGY

3 Resources Stocks Under Spotlight – AVZ, GXY and AGY

October 24, 2018 12:19 PM AEDT| By Team Kalkine Media

Australia resources sector has experienced a significant increase in M&A activity over the past two years which is attributed to the increased prices of commodity and diversion in the strategic directions. There is a lot of divestment of Australi...

 Market Update: Trade War Fears Continue To Disrupt Market Sentiments

Market Update: Trade War Fears Continue To Disrupt Market Sentiments

October 24, 2018 08:52 AM AEDT| By Team Kalkine Media

The US markets ended on a weaker note on October 23, 2018 as Dow Jones Industrial Average settled the day at 25,191.43 which implies that the index fell by 125.98 points or 0.50%. It can be said that currently the markets are being driven by the earn...

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