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News
NAB Shares Remained Flat Despite Announcing Additional Cost Of $314 Million (Post-tax) Relating To The Customer Remediation Program
October 16, 2018 04:21 AM AEDT| By Team Kalkine MediaNational Australia Bank (ASX: NAB) was the first bank which was taken to court by Australian Securities and Investments Commission (ASIC) over fee for no service breaches. ASIC sued NAB for charging superannuation client?s fees for services which wer...
Navitas Limited Underway Review Of Acquisition Bid Received From BGH Consortium
October 16, 2018 03:33 AM AEDT| By Team Kalkine MediaNavitas? share price arrowed up while review of indicative takeover offer received from BGH Consortium remains underway. In an update to the acquisition offer proposed by BGH Consortium, education provider Navitas Limited (ASX: NVT) stated that the...
BHP To Increase Its Interest In SolGold
October 16, 2018 03:22 AM AEDT| By Team Kalkine MediaBHP Billiton Limited (ASX:BHP) is involved in the operations of discovering, acquiring and developing markets natural resources worldwide. On 16 October 2018, BHP Billiton Limited made an announcement regarding entering into a share subscription agre...
RIO Tinto Shares Uplifted After Announcing The Third quarter Production Results
October 16, 2018 02:41 AM AEDT| By Team Kalkine MediaRIO Tinto Limited (ASX: RIO) is involved in the operations of exploring, developing and processing the minerals and the metals worldwide. On 16 October 2018, RIO Tinto Limited (ASX: RIO) released its third quarter production results. The company deli...
Appointment Of One Of The Most Successful Businesswomen And Entrepreneurs Of Australia - Ms. Lyndsey Appointed As The Non-Executive Director At Myer Holdings Limited
October 15, 2018 11:20 AM AEDT| By Team Kalkine MediaAs per the ASX and the media release, the chairman of Myer Holdings Limited (ASX: MYR) announced? the appointment of Ms. Lyndsey Cattermole as a non-executive director who is considered as one of the most successful entrepreneurs and businesswomen in...
Mayne Pharma Reported Loss Of $134 Million In FY 2018
October 15, 2018 11:16 AM AEDT| By Team Kalkine MediaIn FY 2018, the US generic industry faced a tough deflationary period due to customer consolidation and the acceleration of approvals through the US Food and Drug Administration (FDA). These changing market dynamics have affected the whole generic in...
Big Hit Little Shop Campaign Fuels Coles’ Sales In September Quarter
October 15, 2018 11:05 AM AEDT| By Team Kalkine MediaThe supermarket giant Coles flags comparable sales growth of 5.1% for the first quarter of fiscal 2019, as it succeeded in capturing the Australian?s attention to its campaign of swapping and sharing miniature, ?Little Shop.? The total sales for the...
Sanjiv Manchanda- Ex-Hancock executive - To Lead Gina Rinehart’s Atlas Iron
October 15, 2018 10:10 AM AEDT| By Team Kalkine MediaIn a board change Atlas Iron has made Sanjiv Manchanda as chief executive officer, who has replaced Cliff Lawrenson, after an acquisition of billionaire Gina Rinehart?s Hancock Prospecting. Previously served as head of project development for Hancock...
Commonwealth Bank Of Australia Is The Most Popular Bank With Wealthiest Base
October 15, 2018 10:00 AM AEDT| By Team Kalkine MediaWhen it comes to banks used by the richest i.e. 10% of the total population, a new research from Roy Morgan shows that the Commonwealth Bank of Australia is the clear leader among all the banks with more than a third i.e. 36.7% being its customers. P...
BAML Sees Aussie Rallying To US84¢
October 15, 2018 09:55 AM AEDT| By Team Kalkine MediaBank of America Merrill Lynch's foreign exchange strategy head says the AUD is set to rally and the expectations are of AUD hitting US84c by the next year end. A move that may take the Aussie 10c above the current level of just below US71c. It is cur...
5 Most Discussed Stocks – BIT, AUZ, WFE, FLC and A2M
October 15, 2018 09:50 AM AEDT| By Team Kalkine MediaWith markets continuing to decline and close at a level of 5837, few of the stocks that showed up to be green and became the talking point are discussed herein. These stocks are from health care, metals and mining, industrial or consumer staples sect...
APN Outdoor Group Limited Declares A Fully Franked Special Dividend To Its Shareholders
October 15, 2018 09:44 AM AEDT| By Team Kalkine MediaAPN Outdoor Group Limited (ASX: APO) is happy to announce about the shareholders meeting held on 15 October 2018. The shareholders who are approved by the requisite majorities under the scheme arrangement under JCDecaux SA, will be acquiring 100% of...
Analyst Estimates $6 Billion Remediation Bill For Big Four Banks And AMP
October 15, 2018 09:33 AM AEDT| By Team Kalkine MediaAnalyst estimates $6 billion remediation bill for Big Four Banks and AMP Shaw and Partner?s banking analyst Brett Le Mesurier estimates of at least $6 billion payments from big four banks and AMP Limited in respect of customers refunds, remediation,...
Key Personnel Changes To The Atlas Iron Limited’s Board
October 15, 2018 09:22 AM AEDT| By Team Kalkine MediaAtlas Iron Limited (Atlas) (ASX: AGO) is happy to introduce the new members to the Board and management who are appointed as the non-executive directors namely Mr. Spiro Pappas, Professor Ian Plimer, Mr. Tad Watroba and Mr. Stephen Wood. Mr. Pappas w...
What Investors Need To Know About Media Sector Amid Market Downturn?
October 15, 2018 09:12 AM AEDT| By Team Kalkine MediaWith the global markets down over the past week, the impact has also been felt on the media and technology sector. The markets have been down globally primarily because of the higher yields. In addition, the Federal Reserve is highly optimistic about...
Market Update: Optimism In The US Markets, Is It A Trap?
October 15, 2018 09:03 AM AEDT| By Team Kalkine MediaWith Some Optimism on October 12, 2018, Does the Market Rout Witnessing an End? It would not be wrong to say that for the market players and for the rational investors 2018 has been a roller-coaster ride in terms of the investments. In February 2018...
Evolution Mining Limited Tables September Quarter Results
October 15, 2018 08:56 AM AEDT| By Team Kalkine MediaEvolution Mining Limited?(ASX: EVN) has announced 200,218 ounces gold production at an All-in Sustaining Cost (ASIC) of $885 per ounce, for the three months ended 30 September 2018. In its September quarter result, Evolution posted net mine cash flo...
How The Needle Moves On Iron Ore Prices
October 15, 2018 08:28 AM AEDT| By Team Kalkine MediaUsually in countries with a higher political risk and regulatory profile, global iron ore production is considered to be concentrated. Mined across 50 countries worldwide, the iron ore spot prices fell heavily last month, as Iron ore (Fe) is used to...
Cooper Energy Limited Released Its First Quarter September 2018 Results
October 15, 2018 08:16 AM AEDT| By Team Kalkine MediaOil and Gas company Cooper Energy Limited?(ASX: COE) today announced FY19?s first quarter result for the 3 months to 30 September 2018, posting higher production and sales. Quarterly production for the three months ended 30 September 2018 has gone u...
Commonwealth Bank’ Dollarmites Scam Disclosed By CBA’s CEO
October 15, 2018 08:10 AM AEDT| By Team Kalkine MediaMr. Matt Comyn, the CEO of Commonwealth Bank of Australia (ASX: CBA) has recently disclosed that the thousands of children?s Dollarmite accounts have been fraudulently used by the Bank?s staff members to earn bonuses and achieve the targets. He also...
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