News

Tesla CEO Elon Musk Resigns As Chairman - Here's How His Role Could Change
October 05, 2018 05:23 AM AEST| By Team Kalkine MediaTo settle charges of fraud brought by the U.S. over claims, Elon Musk made, saying he?d take his company private and he will step down as Tesla chairman. Both Musk and Tesla will each pay a $20 million fine as a part of Musk's settlement and he can s...

What’s In Store For Oil Traders Moving Forward?
October 05, 2018 04:56 AM AEST| By Team Kalkine MediaThe US crude oil is expected to reach at $US100 per barrel by 2019. Yes, you read that right! This sharp increase is expected to hamper the emerging economies as well as the countries which are highly dependent upon the crude imports for example, Ind...

Magnis Resources Shares Uplifted after Providing an Update on New York Battery Plant
October 05, 2018 04:52 AM AEST| By Team Kalkine MediaOn 5 October 2018, Magnis Resources Limited (ASX: MNS) provided an update regarding the progressive development of its New York Gigafactory. Several major developments have started to fast-track the New York Battery Plant into production. After the r...

Higher Interest Rates Could Adversely Impact Debt Markets
October 05, 2018 04:46 AM AEST| By Team Kalkine MediaThe interest rates in the United States have been on the increasing momentum since December 2015 and since then, the Federal Reserve has remained hawkish on the monetary policy. In a recent meeting of the US central body, Jerome Powell, the chairman...

New Century’s Share Prices Increased After Its MV Wunma Vessel Arrives At Karumba Port
October 05, 2018 04:36 AM AEST| By Team Kalkine MediaOn 5 October 2018, New Century Resources Limited (ASX: NCZ) announced the successful return of the Company?s transhipment vessel, the MV Wunma, to dock at the Karumba Port Facility which has allowed the company to confirm export details for its first...

Evolution Mining Limited Gets Closer To Target 300,000 Ounces Per Annum After Regulatory Approval At Cowal
October 05, 2018 04:01 AM AEST| By Team Kalkine MediaEvolution Mining Limited moves a step ahead of achieving its objective of over 300,000 ounces per annum. In an early trade today EVN shares jumped as high as 2.239% to $2.740 after the company gets the sooner than expected regulatory approval from th...

4 Telecom Sector Stocks – AYS, VOC, TLS and TMP
October 05, 2018 03:27 AM AEST| By Team Kalkine MediaAmaysim Australia Limited (ASX: AYS) Junior telecom player, Amaysim Australia Limited (ASX: AYS) witnessed a solid growth in the subscribers across mobile and energy in FY 2018 despite a highly competitive market. The revenue of the company increas...

Syrah Resources’ Share Price Declined After Providing Balama Incident And Rectification Update
October 04, 2018 09:17 AM AEST| By Team Kalkine MediaOn 4 October 2018, Syrah Resources Ltd (ASX: SYR) provided an update regarding the Balama Graphite Operation in which a fire occurred in the Primary Classifier section of the process plant. Following this news, the share price of the company decrease...

eServGlobal Limited (ASX: ESV) raised A$33.4 million to fund support the capital increase in HomeSend
October 04, 2018 09:15 AM AEST| By Team Kalkine MediaeServGlobal Limited (ASX: ESV) announced the total fundraising of A$33.4 million via placement of 304,000,000 new shares of eServGlobal at an issue price of A$0.11 per share. The placement was done by way of Firm placing, Institution offer and Clawba...

Quantify Technology Placed In A Trading Halt
October 04, 2018 09:14 AM AEST| By Team Kalkine MediaQuantify Technology Holdings Limited (ASX: QFY) is involved in the operations of developing and selling hardware and software devices for the monitoring and management of Internet enabled devices in Australia. On 4 October 2018, the company announced...

4 Stocks Taking Charge
October 04, 2018 09:10 AM AEST| By Team Kalkine MediaFour stocks from varied sectors trading at less than a dollar and taking charge on the Australian stock exchange are discussed herein. With S&P/ASX 200 also closing higher at 6176.3 up by 30.23 points these stocks are worth looking at. CAULDRON E...

InvoCare and Propel Funeral’s Pre-Paid Contracts Are Set To Win Over Funeral Insurance
October 04, 2018 09:09 AM AEST| By Team Kalkine MediaFuneral companies InvoCare Limited (ASX: IVC) and Propel Funeral Partners Limited (ASX: PFP) have been the likely winners from the criticisms raised by Hayne royal commission in respect of funeral insurance companies for getting involved in fraudulen...

3 Gold Stocks To Look At – OGC, GOR and RSG
October 04, 2018 09:04 AM AEST| By Team Kalkine MediaAfter China, Australia is the world?s second largest gold producer with production at the highest levels in 13 years. This certainly makes Australia a key player in the global gold industry. Australia has 16.3 percent gold resources which are globall...

Market Updates: Does Stronger US Economy Raises Concerns Of Inflation?
October 04, 2018 08:57 AM AEST| By Team Kalkine MediaThe US economy is witnessing a boost and is expected to witness growth at a faster pace than the rest of the world as it is backed by the solid fundamentals. The country?s benchmark 10-year yield was boosted on the back of strong macro-economic data...

5 LIC Stocks With Dividends – NCC, NAC, WAM, WLE, MLT
October 04, 2018 08:34 AM AEST| By Team Kalkine MediaListed investment companies are a smart way to invest conservatively for investors with little or less expertise to invest directly into ASX listed securities and a good way to achieve market diversification. They are a subset of listed managed inves...

Macmahon Holdings Limited (ASX: MAH) announces class action settlement at $6.7 million cost, court approval awaited
October 04, 2018 08:21 AM AEST| By Team Kalkine MediaThe legal matters dragging since last 3 years reaches its final settlement at a cost of $6.7 million. In an announcement to Australian Securities Exchange, mining services provider Macmahon Holdings Limited stated that the class action proceedings r...

Class Limited’s Shares Decline After Release Of September Quarter Update
October 04, 2018 08:14 AM AEST| By Team Kalkine MediaClass Limited (ASX: CL1) is involved in the operations of cloud-based accounting, administration software and investment reporting for accountants, advisers and administrators in Australia. On 4 October 2018, Class Limited released its September Quar...

Suncorp Group Limited To Hold EGM For Approval On Pro-Rata Return Of Capital Following The Sale Of Its Australian Life Insurance Arm
October 04, 2018 07:04 AM AEST| By Team Kalkine MediaSuncorp Group Limited (ASX: SUN) intends to hold Extraordinary General Meeting, seeking for the approval of shareholders in respect of pro-rata return of capital and share consolidation on the sale of its Australian life insurance business. The meeti...

Banking Royal Commission: Freedom Insurance Shares Plummet On Direct Phone Sales
October 04, 2018 06:56 AM AEST| By Team Kalkine MediaAfter stopping new sales and revealing plans to more than splitting fifty-fifty its workforce, Freedom Insurance shares have fallen as much as 27 percent. Responsible for some of the evidence revealed at the banking royal commission, amid a regulator...

Adulteration Found In 18% Of The 38 Samples Of Australian Honey
October 04, 2018 06:48 AM AEST| By Team Kalkine MediaAustralia is the world?s fourth-largest exporter of honey and honey is the world?s third-most adulterated food. The recent study by Macquarie University scientists?revealed that adulteration was found in almost one in five samples of local honey. The...

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