AUS
NZ
UK
CA
USA
IND
Financial
National Australia Bank Announces Key Changes in the Higher-Level Management
September 17, 2018 05:05 AM AEST| By Team Kalkine MediaNational Australia Bank (ASX: NAB) has announced key executive changes at the higher level with CEO Andrew Thorburn stating that these changes would help the organization to focus better. NAB has announced that the new roles will most likely be appli...
JP Morgan: The next financial crisis is just two years away
September 14, 2018 09:22 AM AEST| By Team Kalkine MediaInvestment banking company JP Morgan Chase breaks the news as to when the next financial crisis will hit and how bad is it going to be. However, the question of how long remained unanswered. JP Morgan says the next financial crisis will strike in 20...
AXL suspended from official quotation as strategy review underway
September 14, 2018 09:02 AM AEST| By Team Kalkine MediaToday Axsesstoday?s securities were suspended from official quotation, at company?s request pending the release of an announcement regarding a business strategy review. This comes after the securities of Axsesstoday Limited (ASX:AXL) were placed in...
Bank of England worries about messy divorce from the EU, leaves interest rates unchanged
September 14, 2018 08:15 AM AEST| By Team Kalkine MediaThe Bank of England has kept interest rates on hold at 0.75% ahead of mounting fear about Britain withdrawal from the European Union. The Bank said that all the nine rate setters in Monetary Policy Committee voted in favor of interest rates to remai...
ANZ being Sued by Australian Watchdog ASIC for Withholding The Sensitive Information
September 14, 2018 07:38 AM AEST| By Team Kalkine MediaAustralia Securities and Investments Commission has initiated civil penalty proceedings against Australia and New Zealand Banking Group Limited (ASX: ANZ) alleging that the bank has failed to comply with its continuous disclosure obligations. The iss...
Commonwealth Bank Focusses on Banking Division Turnaround, Hints Job Cuts
September 14, 2018 05:47 AM AEST| By Team Kalkine MediaThe Commonwealth Bank of Australia (ASX: CBA) will focus on restructuring its institutional banking arm and markets division under the leadership of newly appointed Chief Executive Officer Matt Comyn. The restructuring aligns with Comyn?s target of r...
Mainstream remains at trading halt as brokers launch $9.5 million placement
September 13, 2018 05:40 PM AEST| By Team Kalkine MediaWhile the trading of Mainstream?s shares was muted on ASX, two brokers were seen in the market offering $9.5 million placement for the fund administrator. Yesterday, the securities of Mainstream Group Holdings Limited were announced to be in trading...
Update on Challenger Limited!
September 13, 2018 05:11 PM AEST| By Team Kalkine MediaMixed Updates: Challenger Limited (ASX: CGF) has recently announced allotment of additional shares to CEO Brian Benari. As per the filing, transfer of 634,843 shares was done. With the latest allotment, Benari continues to hold the shares more than t...
Z1P catches a bullseye after announcing partnership with Wesfarmer’s Target
September 13, 2018 05:01 AM AEST| By Team Kalkine MediaZ1P?s share price rallied today after the company announced the partnership with Wesfarmer?s Target Australia Pty ltd to offer Zip?s interest-free payment services to Target customers. Currently, i.e. 13 September 2018 (2:02 PM AEST), ZIP?s stock has...
CommInsure backdated policies brings it in dispute with policy holders
September 13, 2018 04:13 AM AEST| By Team Kalkine MediaAs CommonWealth Bank (ASX: CBA) was getting thrashed down by the Slater &Gordon for fees gouging and paying below standard market rate, Hayne Royal Commission spotted a litany of delays and denials in its insurance claims. On Wednesday, Royal Com...
Political turmoil and mortgage hikes smashed consumer confidence: Westpac
September 12, 2018 08:16 AM AEST| By Team Kalkine MediaPolitical instability and increased mortgage rates have shaken the consumer confidence, reads Westpac?s consumer sentiment report published today, i.e. 12 September 2018. The Westpac-Melbourne Institute consumer sentiment index declined 3% to 100.5...
Powerwrap Limited plans to be listed on ASX with the target of doubling in funds
September 12, 2018 06:45 AM AEST| By Team Kalkine MediaPowerwrap remains in the news as the platform provider targets to double its funds in the next three years as it positions to derive benefits from the financial services royal commission and growth in the number of wealthy investors. It has been hea...
Why investment company NAOS Emerging Opportunities should be in your watchlist
September 11, 2018 06:11 AM AEST| By Team Kalkine MediaASX listed investment company NAOS Emerging Opportunities Company Limited has announced monthly investment report and NTA update as at 31 August 2018. With a prior focus on micro-cap industrial companies, NAOS has reported pre tax net tangible asset...
Chairman Geoff Wilson acquired more shares in WAM Global
September 11, 2018 04:48 AM AEST| By Team Kalkine MediaWilson Asset Management founder Geoff Wilson acquires more shares in subsidiary WAM Global Limited (ASX:WGB). On 7 September 2018 Geoffrey Wilson bought 70,937 more shares on-market in WAM Global for the total consideration of $154,982.88. It has bee...
Macquarie Group provides outlook update for FY19
September 11, 2018 03:58 AM AEST| By Team Kalkine MediaMacquarie Group has delivered strong return on equity of 16.8% for the financial year ended 30 June 2018, which is 15.2% more than previous year returns. This comes after, profit attributable to shareholders grew $2,557 million from $2,217 million in...
Macquarie to sell its 95 million shares in Oceania Healthcare
September 05, 2018 03:59 PM AEST| By Team Kalkine MediaMacquarie Group (ASX: MQG) has gone on selling down some of its stakes in New Zealand based aged care service provider, Oceania Healthcare. As per the Oceania Healthcare?s disclosure to New Zealand Exchange, Macquarie Group has been found selling do...
Shares plunged as Suncorp’s Australian Life Insurance business fell apart
September 04, 2018 08:36 AM AEST| By Team Kalkine MediaSuncorp Group?s stock was arrowed down on ASX today after the company inked a share sale deed with TAL Dai-ichi Life Australia Pty Ltd to sell its Australian life insurance business for total consideration of approximately $725 million. As recently...
Yellow Brick stands still on takeover bid rejection
September 04, 2018 06:17 AM AEST| By Team Kalkine MediaDirectors of Yellow Brick Road Holdings Limited remain still on their decision to reject the takeover bid offer given by Mercantile OFM Pty Ltd, a wholly-owned subsidiary of Mercantile Investment Company Ltd. On 20 August 2018, Mercantile OFM Pty Lt...
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...
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....
Advertise your brand on Kalkine Media