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News
Glyphosate suspension cancelled: Nufarm
September 04, 2018 04:03 AM AEST| By Team Kalkine MediaCrop protection company Nufarm Limited today announced that the Brazilian court has now cancelled the glyphosate products suspension. Glyphosate is an herbicide that is used to control crop damages from weed. The suspension came into effective earli...
6 Stocks doing well- IMS, EWC, PLC, LCK, ANS and AXP
September 03, 2018 03:02 PM AEST| By Team Kalkine MediaIMPELUS LIMITED (ASX: IMS) - The company has an operating revenue of $25.51 million and has a normalized EBITDA of $5.93 million in the FY 2018. In line with the expectations for the FY 2018, the company reported EBITDA of $4.55 million. With an expa...
5 stocks being talked about on ASX - RAP, AHZ, LPD, CLA and CCZ
September 03, 2018 02:37 PM AEST| By Team Kalkine MediaRESAPP HEALTH LIMITED (ASX: RAP) ? It is under the health care sector and as a leading digital company, from the Australian Prospective Paediatric Clinical study, it has announced positive top-line results. As reported by the company down by 57% comp...
5 Popular Names plunging on ASX - WSA, BAL, RIO, TLS and FMG
September 03, 2018 02:22 PM AEST| By Team Kalkine MediaWESTERN AREAS LIMITED (ASX: WSA) - The company with more than 4,000 meters of planned drilling at the Investigators Prospect, has resumed the diamond drill program at the Mt Alexander Project. Despite the lower sales volume, the EBITDA is up by 62% f...
4 Stocks gaining momentum – SDA, SBM, WHC and RHC
September 03, 2018 02:11 PM AEST| By Team Kalkine MediaSpeedcast International Limited (ASX: SDA) - The stock was trading at a market price of $4.540. The stock has however, undergone a performance change of 16.48% over the past 12 months. From US$246.3 million in 2017 to US$304.9 million in 1H 2018, the...
Rural Funds Group (ASX: RFF)- Rural Funds Group announces higher distribution on 29% growth in income
September 03, 2018 01:13 PM AEST| By Team Kalkine MediaRural Funds Group announced final distribution of 2.6075 cents per stapled security on increased earnings of $44 million, an improvement of 29% on previous year. This increase of $9.77 million is mainly attributable to lease income earned from the Na...
Pro Medicus Limited (ASX: PME)- Pro Medicus’ shares are on fire today
September 03, 2018 01:07 PM AEST| By Team Kalkine MediaPro Medicus? (ASX: PME) stock jumped 6.869% to $10.890 on 3 September 2018 after the healthcare technology company recently announced strong full years results for the period ended 30 June 2018. Profit after tax has gone up by 36.7% to $12.74 millio...
ResMed sues Fisher & Paykel for Patent Infringement
September 03, 2018 12:57 PM AEST| By Team Kalkine MediaFisher & Paykel?s stock got dragged down 3.069% to $14.530 on getting hit by patent infringement allegation filed by California-based ResMed. In a recent update it was revealed that on Saturday 1 September 2018 medical equipment company ResMed h...
Transurban bags FIRB approval for Westconnex acquisition
September 03, 2018 12:53 PM AEST| By Team Kalkine MediaAfter successfully winning the acquisition bid, Transurban Group (ASX: TCL) has bagged Foreign Investment Review Board (FIRB) approval to acquire 51% stakes in Sydney?s Westconnex motorway from the Government of New South Wales. It has been announced...
New Chinese e-commerce law says hello to A2M
September 03, 2018 09:03 AM AEST| By Team Kalkine MediaThe A2 Milk company (ASX:A2M) today released the statement on new e-commerce law introduced by Chinese government. Late on 31 August 2018, the legislative body of the Government of China passed new e-commerce law in China, effective from 1 January 20...
Evolution joins Andromeda in gold exploration project
September 03, 2018 07:39 AM AEST| By Team Kalkine MediaEvolution Mining Limited has entered into an earn-in joint venture agreement with Andromeda Metals Limited (APN) over their wholly owned Drummond Gold Exploration Project located in north Queensland. Close to EVN?s Mount Carlton operations, Drummond...
Experience company announces amendment to FY18 results release
September 03, 2018 07:08 AM AEST| By Team Kalkine MediaIn an early trade today, i.e. 3 September 2018, EXP stock rebounded 0.765% to $0.395 after the company announced amendment in FY18 results in relation to intersegment cost and revenue adjustments. Following the release of last twelve months results...
NetComm inks a new deal with Nbn to supply Gfast High Port count DPUs
September 03, 2018 05:47 AM AEST| By Team Kalkine MediaTelecom products developer NetComm Wireless Limited today announced the extension of agreement with NBN Co. Ltd to supply Gfast High port count DPUs on the terms of initial minimum order of 10,000 units over an 18-month period. This high port count...
Northern Star successfully raises $175 million to fund Pogo acquisition
September 03, 2018 04:19 AM AEST| By Team Kalkine MediaFollowing to the trading halt announced on 30 September 2018, Northern Star?s stock took a leap of 18.10% to $8.220 in early trade today as the company announced successful completion of $175 million institutional placement. Northern Star Resources...
Freedom Food’s stock soar on higher profit
September 03, 2018 04:07 AM AEST| By Team Kalkine MediaFreedom Food?s FY18 statutory net profit increased 68.7% to $12.7 million on the launch of 70 new product formats including A2 protein milk variants. Annual net sales increased to $353 million, up 34.5% on FY17, in which dairy segment has been the pr...
Retailer Harvey Norman profit crashed to $375.38 million
September 03, 2018 03:56 AM AEST| By Team Kalkine MediaHarvey Norman Holdings Limited?s profit after tax fell 16.4% to $375.38 million due to massive decline in franchise operation and property segment for the year ended 30 June 2018. Earnings before interest and tax decreased to $556.52 million, down 15...
Starpharma Holdings Limited (ASX: SPL)- Starpharma’s shares runs on getting first patent published
August 31, 2018 03:00 PM AEST| By Team Kalkine MediaStarpharma?s stock price jumped 13.04% to $1.30 on 31 August 2018 after the AstraZeneca?s first patent application on Starpharma?s DEP dendrimer with AstraZeneca?s Bcl2/xL inhibitors got published by the World Intellectual Property organization. The...
3 Stocks with Overseas exposure – BXB, CTD, CYB
August 31, 2018 02:03 PM AEST| By Team Kalkine MediaBRAMBLES LIMITED (ASX: BXB) - With price realization in US pallets, emerging markets and IFCO North America, sales revenue growth was of 6% on constant currency basis. The supply chain logistics company reported sales revenue of US$5,596.6 million fr...
Myer Holdings Limited (ASX: MYR)- Myer cuts 30 senior management and executive roles
August 31, 2018 01:45 PM AEST| By Team Kalkine MediaAustralian departmental store removed 30 positions from company?s executive and senior management team in a bid to reduce cost and strengthen earnings with strong consumer base. The cut comes under the leadership of new CEO John King who took up the...
Suncorp Group Limited (ASX: SUN)- Suncorp joins Westpac in increasing interest rates
August 31, 2018 11:39 AM AEST| By Team Kalkine MediaAustralia?s leading home lender Suncorp (ASX: SUN) takes the Westpac road by announcing second rise in last six months. The announcement reads that Suncorp will increase all variable home loans rates by 0.17% p.a. and small business loans rates by 0....
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