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Boral (ASX:BLD) shares end strong as Federal Budget ups infrastructure spending
March 30, 2022 08:28 PM AEDT| By Priyanka PayalHighlights The share price of Boral Limited (ASX:BLD) traded in the green on Wednesday (30 March 2022). Today, the stock closed 2.616% higher at AU$3.530 per share on ASX. The uplift in the company's share price can be linked to the Morrison G.....
Qube (ASX:QUB) sells option to develop Beveridge to Commonwealth
March 28, 2022 02:57 PM AEDT| By SamtaHighlights Qube has sold its option to buy land at Beveridge to develop a rail freight terminal to National Intermodal Corporation. However, the company did not disclose the consideration price. The stock has gained over 3% in the last 12 mont.....
Frontier Group (ULCC) to acquire Spirit Airlines for US$6.6 billion
February 08, 2022 06:35 AM AEDT| By Rupam RoyThe Colorado-based airline holding company, Frontier Group Holdings, Inc (NASDAQ: ULCC), is acquiring its rival Spirit Airlines Inc. (NYSE: SAVE) for US$6.6 billion in a cash-and-stock deal. The purchase is expected to help Frontier compete with l.....
What's panning out in Australian battery recycling space?
January 08, 2022 12:33 AM AEDT| By Anam SiddiquiHighlights The demand for lithium-ion batteries has increased significantly, driven by rising vehicle electrification and growing focus on renewable energy generation. Around 18,600 tonnes of batteries are discarded to landfill in Australia eac.....
GE stock jumps 17% on plans to split into three companies
November 10, 2021 04:33 AM AEDT| By Versha JainHighlights GE Electric Company (NYSE: GE) announced plans to split into three public companies, with the spin-off starting in early 2023. The Boston-based company was founded in 1892 before it became a massive business conglomerate. The stock .....
Countries move to ban travel from India as COVID-19 unleashes havoc
April 20, 2021 01:31 PM AEST| By Furquan Moharkanour next week India reported more than 250,000 cases for three days in row The countries across the globe have started to ban travel from India, as the world’s second most populous country is grappling with heavy surge in the COVID-19 cas...
Infratil (ASX:IFT) confirms acquisition of Qscan
December 18, 2020 11:09 AM AEDT| By Team Kalkine MediaInfratil Ltd (ASX:IFT, NZX:IFT) on Friday confirmed that it has received approval from the Foreign Investment Review Board of Australia to acquire Qscan Group Holdings Pty Ltd (Qscan). The infrastructure investment company acquired the Qscan Group .....
Transurban (ASX:TCL) sells its 50% stake in Transurban Chesapeake assets
December 17, 2020 04:29 PM AEDT| By Team Kalkine MediaTransurban Group (ASX:TCL) has signed a deal to sell 50% stake in its Transurban Chesapeake assets. With this deal, Transurban Group would retain 50% of interest in the Transurban Chesapeake assets and remaining 50% will go to the AustralianSuper, Ca...
ASX-Listed Counter Drone Solutions Provider, DroneShield Gaining Momentum Amid COVID-19
September 08, 2020 07:16 PM AEST| By Team Kalkine MediaSummary Global unmanned aerial systems market is expected to witness strong growth, with increasing uptake of drones in several industries. DroneShield, a global leader in drone security technology, has secured multiple orders from government a.....
Why are these ASX 200 Material Stocks worth a watch - Nufarm, Adbri?
September 03, 2020 03:27 PM AEST| By Team Kalkine MediaSummary The Materials sector has performed well during the current period with the S&P/ASX 200 Materials sector index reaching the pre-COVID-19 levels. However, the prevailing uncertainty has seen the index go down in the last few weeks. Ag.....
3 Things That Are Driving This ASX 300 Listed Share Price to a Downtrend - Electro Optic
September 01, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Electro Optic Systems Holdings Ltd. reported an operating loss after tax for half-year ended 30 June 2020, primarily due to deferred revenue in 2H CY2020 and 2021. The pandemic led to higher supply chain costs, delays in product deliver.....
Saunders Civilbuild: Delivering Intelligent Engineering and Construction Solutions
August 31, 2020 08:08 PM AEST| By Team Kalkine MediaSummary Catering to the energy, resources, and infrastructure sectors, Saunders International (ASX: SND) provides engineering, construction, and maintenance services. Its 100% owned subsidiary, Saunders Civilbuild has been functional for over 5.....
ASX-Listed Quickstep Reports 44% FY20 NPAT Growth, Expects Core Defence Programs to Remain Highly Resilient
August 31, 2020 05:23 PM AEST| By Team Kalkine MediaSummary Quickstep Holdings, an advanced composite solutions provider, reported robust financial results with sales up by 12%, statutory NPAT up by 44% and EBITDA of $8.3 million for FY20. Overall performance of QHL demonstrated that the busines.....
How is K&S Corporation share price benefitting from JobKeeper subsidy?
August 28, 2020 09:26 PM AEST| By Team Kalkine MediaSummary K&S Corporation share price rose by 1.6%, closing at $1.27 on 28 August. The Group reported statutory net profit after tax of $11.2 million, up 384% than pcp, even though operating revenues fell by 12.7% to $790.6 million in F.....
ASX200 Listed Reliance Worldwide Share Price Under Discussion
August 27, 2020 04:38 PM AEST| By Team Kalkine MediaStock of ASX200 company, Reliance Worldwide Corporation Limited (ASX: RWC) has been on a growth trajectory, post the release of FY20 results on 24 August 2020. On the day of results announcement, RWC settled at $3.38 and on 27 August 2020, it .....
Can ASX 200 Cleanaway Waste Share Price Continue the Run with Dividend Push
August 27, 2020 01:44 PM AEST| By Team Kalkine MediaSummary Cleanaway Waste Management announced an increase of 8.7 per cent in FY20 underlying NPAT. It incurred acquisition and integration related expenses, principally concerning the acquisitions of Toxfree and the SKM recycling business. CWY d.....
Is ASX100 Xero share price hitting new record high levels?
August 25, 2020 08:40 PM AEST| By Team Kalkine MediaSummary ASX100 listed, Xero share price zoomed to an all-time high AU$98.500 on 25 August, up by 0.01%, post an update concerning the acquisition of Waddle, a cloud-based lending platform. The acquisition would position Xero to collaborate with.....
ASX200 Industrials Sector Player Reliance Worldwide Reports Strong Operating Performance for FY20
August 25, 2020 02:06 PM AEST| By Team Kalkine MediaSummary RWC reported varied sales performances in different regions for FY20, with strong performance in Americas and minimal impact of the COVID-19 pandemic in the Australian market. Reported earnings impacted by restructuring and impairment c.....
How is CIMIC, the ASX200 Company, Positioned After Half-Year Results?
August 25, 2020 11:34 AM AEST| By Team Kalkine MediaSummary CIMIC Group with $38.1 billion of work in hand is actively participating in tendering activities. Hong Kong tendering licences have been reactivated. HY20 revenue was down $0.8 billion compared to same period last year, as a result of C.....
Share price of ASX 200 listed Monadelphous Group buzzing post unveiling of FY20 results
August 20, 2020 12:36 AM AEST| By Hina ChowdharySummary The engineering services market play a significant role in the growth, as well as development of an economy as it assists in building infrastructure and job Australian engineering group, Monadelphous Group has been sweeping the market w.....
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