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News
2 Stocks On The Upswing – MXC and SOR
October 11, 2018 09:04 AM AEDT| By Team Kalkine MediaTwo stocks from diversified sectors like health care and financials are surprisingly doing well in the falling market and should be under the investor?s watchlist. Both recorded a double-digit spike as at October 11, 2018. The two stocks in green are...
Netwealth Group’s Share Prices Tumbled Despite 7.3 percent Increase in September Quarter’s FUA.
October 11, 2018 08:58 AM AEDT| By Team Kalkine MediaOn 11 October 2018, Netwealth Group Ltd (ASX: NWL) released its business quarter update in which the company disclosed that Funds Under Administration (FUA) has increased by 7.3 percent to $19.3 billion over the prior corresponding period. Despite th...
Dow Plummets More Than 800 Points
October 11, 2018 08:47 AM AEDT| By Team Kalkine MediaProbably the third worst decline in the history in terms of points, when Dow plunged nearly 832 points on Wednesday, as at Oct 10, 2018. Sending the index below 26,000 points for the first time in a month, while all 30 stocks were in red, the index f...
Amcor Limited Concludes 2018 Annual General Meeting Today
October 11, 2018 07:39 AM AEDT| By Team Kalkine MediaAmcor Limited (ASX: AMC) arrowed up on the business transacted in Annual General meeting of the company held today. After the conduct of Amcor?s 2018 Annual General Meeting scheduled for today, 11 October 2018, the ASX listed packaging company Amcor...
Pendal Group’s Shares Tumble Despite The Increase Of $1.6 Billion In September Quarter’s FUM
October 11, 2018 07:19 AM AEDT| By Team Kalkine MediaOn 11 October 2018, Pendal Group Ltd (ASX: PDL) made an announcement regarding Funds Under Management(FUM) for the Quarter Ended 30 September 2018. In the September quarter, the FUM increased by $1.6 billion over the last quarter. Despite the release...
Tesla’s Life After Musk As Chairman: James Murdoch To Take Up Charge
October 11, 2018 07:04 AM AEDT| By Team Kalkine MediaEveryone is aware of what?s happening with Tesla (NASDAQ: TSLA) or particularly, Elon Musk. He has been sued by the Securities and Exchange Commission or SEC on the grounds that he has misled the investors by announcing on the social networking site...
Telstra Moves To Quell Shareholder Revolt
October 11, 2018 06:41 AM AEDT| By Team Kalkine MediaTo suppress an approaching revolt over executive pay as concern grows among shareholders and proxy advisers over bonuses, during a challenging time for the telecommunications giant, John Mullen, Telstra (ASX: TLS) chairman has moved. Mr. Mullen wrote...
Wesfarmers Limited’s Shares Tumble After Appointing New Managing Director Of Officeworks
October 11, 2018 06:25 AM AEDT| By Team Kalkine MediaOn 11 October 2018, Wesfarmers Limited (ASX: WES) announced that the board has appointed Ms. Sarah Hunter as Managing Director of Officeworks in place of Mr. Mark Ward who is retiring as Managing Director and become as a Senior Advisor in the company...
Great Boulder Resources Limited (ASX: GBR) intends to join hands with Ausgold for its Yamarna Nickel Project
October 11, 2018 05:37 AM AEDT| By Team Kalkine MediaASX listed mineral exploration company Great Boulder Resources Limited has announced a possible joint venture with fellow resource group Ausgold Limited (ASX: AUC) for its 100% owned Yamarna nickel project in Western Australia. In an announcement da...
Chorus Limited broadband connection update for Q1 FY19
October 11, 2018 05:31 AM AEDT| By Team Kalkine MediaChorus Limited (ASX: CNU) deals in the business of telecommunication and is operating nationwide to provide fixed line access network infrastructure the New Zealand location. Infrastructure includes local telephone exchange, copper and fibre objects,...
OZ Minerals’ Shares Tumble After Completing 51% Earn In For West Musgrave
October 11, 2018 04:46 AM AEDT| By Team Kalkine MediaOn 11 October 2018, OZ Minerals Limited (ASX: OZL) announced that after the investment of $22 million it has completed 51 per cent earn in for West Musgrave project. Following the release of this news the share price of the company decreased by 3.82...
ASX Plunges 2pc On Tech Wipeout
October 11, 2018 04:03 AM AEDT| By Team Kalkine MediaAfter Wall Street's digital giants were limping overnight, Australian tech stocks have led the S&P 200 index to the lowest levels because of heavy losses, sending the market more than 2 percent lower. On Thursday i.e., October 11, 2018 the benchm...
Fortescue Metals Group Limited (ASX: FMG) declares $500 million shares Buy-Back
October 11, 2018 03:56 AM AEDT| By Team Kalkine MediaFortescue Metals Group Limited?(ASX: FMG) today announced the share buy-back of up to $500 million. This on-market share buy-back will start after the release of Company?s Quarterly report due on 25 October 2018 and is expected to remain in place fo...
Medical Cannabis Industry is expanding however there is little evidence about Cannabis effectiveness
October 11, 2018 03:47 AM AEDT| By Team Kalkine MediaThe global cannabis industry has been evolving rapidly, and due to its explosive and drastic growth it is very difficult to accurately forecast about this industry. As per the insights of the global market it is expected that cannabis use will spread...
Centuria Metropolitan Made An Accelerated Non-Renounceable Entitlement Offer To Raise $ 197M
October 10, 2018 10:30 AM AEDT| By Team Kalkine MediaCenturia Metropolitan REIT (ASX: CMA) is an owner of portfolio of 19 metropolitan assets of high quality and Centuria Property Fund Limited (CPFL) manages CMA. Lately, CPFL being a responsible entity of CMA announced about acquisition of interests in...
Slater and Gordon files first super class action against Commonwealth Bank of Australia and its subsidiary
October 10, 2018 09:50 AM AEDT| By Team Kalkine MediaLaw Firm Slater and Gordon said it has today filed the first of its superannuation class action against Commonwealth Bank of Australia under Get Your Super Back campaign. Slater and Gordon Get Your Super Back campaign was launched on 11 September 20...
How the needle moved on MVF, VHT
October 10, 2018 09:45 AM AEDT| By Team Kalkine MediaThese two stocks are trading in contrast, with one trading close to its 52-week low, while the other trading close to its 52-week high. Both the stocks, however, are from the health care sector. For the Australian healthcare industry disruption is on...
Transparency Needed In Cobalt Supply Chain As Human Rights Violations Continue In DRC
October 10, 2018 09:22 AM AEDT| By Team Kalkine MediaCobalt is one of the most important ingredients in three of the five primary lithium-ion battery formulas as its unique properties allow manufacturers to safely increase the energy density of a battery from around 100-watt hours per kilogram to 250Wh...
Big Four Banks To Repay $2 Billion In FY19: Morgan Stanley
October 10, 2018 09:18 AM AEDT| By Team Kalkine MediaANZ, CBA, WBC and NAB may have to cough up $2 Billion in current fiscal year 2019 as Morgan Stanley quadrupled its customers refunds and remediation estimates ahead of banks full-year results release due in November. Earlier Morgan Stanley estimated...
3 Stocks At Low Levels – BBX, CP1 and IEC
October 10, 2018 09:07 AM AEDT| By Team Kalkine MediaThree stocks dropping drastically with a double-digit fall are discussed in this report, these stocks appear in red for the day let?s see why? BBX MINERALS LIMITED (ASX: BBX) ? The group?s operating result was a loss of $2,208,832 for the year ended...
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