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Growth
What’s streaming from ASX stocks: A look at MP1, CAR, JIN and BLX
June 18, 2020 02:53 PM AEST| By Team Kalkine MediaIn the wake of COVID-19 turmoil, development curves of many businesses were derailed. At the same time, Australian market witnessed several companies who have beaten the blues and emerged as a silver lining in the dark clouds, with their strategic.....
BHP Shuffles Senior Management Appoints David Lamont As New CFO
June 18, 2020 01:48 PM AEST| By Team Kalkine MediaBHP Group Limited (ASX:BHP), which has been riding high on the back of rising iron ore prices for quite some time, announced a senior management shift with the appointment of David Lamont as the Chief Financial Officer of the Company. Mr Lamont, w.....
Infigen Energy Receives Superior Offer, While Santos Secures Yet Another Gas Offtake
June 17, 2020 06:22 PM AEST| By Team Kalkine MediaRenewable energy sector is picking up momentum with ASX-listed renewable energy stocks such as Infigen Energy Limited (ASX:IFN) surging substantially from its recent low of $0.365 (intraday low on 24 March 2020) to the present high of $0.900 (as on.....
Can Afterpay’s share price touch A$75 Mark? Lens on BNPL Players
June 17, 2020 12:10 AM AEST| By Team Kalkine MediaThe coronavirus pandemic has acted as a boon for the Buy Now Pay Later (BNPL) companies that facilitate digital payments, thus allowing social distancing through contactless payments. Demand for digital payments, among other online transactional se.....
Expansion plans get many ASX Companies to take Investors on their side: A look at SUL and BET
June 17, 2020 12:00 AM AEST| By Team Kalkine MediaThere are always two sides of a coin, right! In the current circumstances, one side of the coin represents negative impact of COVID-19, demonstrated through fall in stock prices due to interruption in economic activity, while battling the virus. H.....
Wall Street on a High, Rub off Effect on ASX Listed Stocks too
June 16, 2020 09:15 PM AEST| By Kunal SawhneyLast week, US markets recovered after falling on 11 June 2020, indicating investors, having ample liquidity, are ready to bid. On 12 June 2020, the hardest hit shares recovered in S&P 500. Within S&P 500, United Airlines climbed 19.03% or .....
Healius Healthcare Inked Strategic Deal with BGH Capital, Stock Zoomed Up 19%
June 15, 2020 10:03 PM AEST| By Hina ChowdharyAustralian healthcare company, Healius Limited (ASX: HLS) remained in the spotlight on the back of strategic deal. Despite the troubled and unsettled Covid-19 scenario, Healius entered a lucrative deal for its medical centres and dental practices. .....
These Four Stocks are in Trading Halt, Know Why!
June 15, 2020 08:50 PM AEST| By Kunal SawhneyWhile the Australian benchmark index bounced back sooner than anticipated from COVID-19 driven market crash, all eyes are glued to equity market’s forthcoming performance as fears of second wave of infections gather pace. The S&P/ASX 20.....
Unstoppable Tech Stocks on Steroids – A look at Z1P, APT, APX
June 15, 2020 08:34 PM AEST| By Team Kalkine MediaWhile enduring sadness because the world is in disarray of late, had it not been for accelerated technology services, we would have been looking at a fractious situation. In the wake of coronavirus induced lockdown and social distancing norms, tec.....
Shocking! Car Rental Company, Hertz to sell $1 billion worth of Stock After Going Belly Up
June 15, 2020 02:44 PM AEST| By Team Kalkine MediaHertz Global Holdings Inc. Something dramatic happened in the US on 12 June 2020. Hertz, a car rental fleet company, was given permission to sell stock worth $1 billion even after entering Bankruptcy Chapter 11 in late May. Hertz saw its stock pr.....
A look at Kogan.com Share Price: A rich list e-tailer
June 15, 2020 01:50 PM AEST| By Team Kalkine MediaAre you ordering your grocery online? Yes! No! Yes! It would not be surprising to say that coronavirus gave a boost to the online marketplace. Nowadays, people are following social distancing norms and feel secure with touchless shopping. Like res.....
Alliance Successfully Completes A$91.9 Million Placement
June 13, 2020 12:14 PM AEST| By Team Kalkine MediaAlliance Aviation Services Limited (ASX:AQZ) has completed a fully underwritten A$91.9 million institutional placement of new fully paid ordinary shares in Alliance to eligible institutional investors at a per new share price of A$2.95. The Placemen...
Federal Reserve Turns Cautious Signals ‘Long Road’ to Recovery, Markets Jittery
June 12, 2020 04:52 PM AEST| By Team Kalkine MediaIn the US, on 10 June 2020, the Federal Reserve Board ended its two-day monetary policy review. The Board stated that it is committed to utilise all its tool to maintain price stability and maximum employment in the economy during the crisis. The .....
E-Tailers- Kogan.Com and JB Hi-FI Rallying to Records Highs; What are Chartists Looking At?
June 12, 2020 02:40 PM AEST| By Team Kalkine MediaE-Tailers have been the direct beneficiaries of the lockdown imposed by various nations to contain the spread and the market anticipates that the new norm of selective movement could be a structural change and would support E-Tailers over the long-.....
Tesla hits $1000 mark, Surpasses Japanese Toyota to become the Most Valuable Automaker
June 11, 2020 10:07 PM AEST| By Kunal SawhneyIn an intense race among the automakers, Tesla Inc. is emerging as the cream of the crop, with its shares crossing US$ 1000 mark. On the stock market front on 10 June 2020, Tesla (NASDAQ: TSLA) gained an edge over Toyota as investors rushed towards.....
3 ASX E-tailers That Made It Big: KGN, WES, BBN
June 11, 2020 08:15 PM AEST| By Team Kalkine MediaFrom mid-March 2020 to entire April, Australia has been under strict lockdown, which significantly impacted the retail industry, as majority of physical stores remained closed. On seasonally adjusted terms, retail turnover declined by 17.7 per.....
Despite the NZ market headwinds, JB Hi-Fi expects profits to hit the $300m mark
June 11, 2020 06:03 PM AEST| By Team Kalkine MediaThe outbreak of COVID-19 has led to the implementation of severe restrictions across Australia, New Zealand, as well as other countries. Businesses across the globe have felt the financial as well as the operational impact from these restrictions. .....
Australia’s 10-year yield traded at 1.095 %– Who are the stock beneficiaries
June 10, 2020 11:19 PM AEST| By Team Kalkine MediaTrading at 1.018% on 10 June, Australia’s 10-year bond yields have experienced a surge of almost 50% since mid-March reflecting investor’s optimism as economy reopens and picks up pace towards recovery. Steady rise of S&P/ASX 200 si.....
6 ASX Stocks creating a buzz!
June 10, 2020 10:09 PM AEST| By Hina ChowdharyCOVID or No COVID, few stocks have been rippling the Australian Stock Exchange (ASX), with their tremendous fiscal year results and COVID-19 proof performance on stock market. Hailing from different industries, each company announced dramatic devel.....
Community Sports in NSW to Return in July; 3 Stocks in Action
June 10, 2020 09:54 PM AEST| By Team Kalkine MediaMassive uproar in stadiums syncing with vigorous pace of raging players has been undeniably poorly missed by Australians, who now seem to resort to coverage of past sporting events. But Alas! The missing ambivalence around the known outcomes certai.....
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