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Coinbase profit surges
May 03, 2024 03:57 PM AEST| By Team Kalkine MediaCoinbase Global delivered impressive first-quarter results on Thursday following a jump in crypto prices with a net income of over $1 billion....
Macquarie Group’s annual net profit took a hit
May 03, 2024 09:30 AM AEST| By Team Kalkine MediaMacquarie Group’s annual net profit took a hit for the 2024 financial year falling 32 per cent, and coming in lower-than-forecast to $3.5 billion compared to the same time last year. The investment bank said the weaker performance was driven by fewer...
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ASX to rise. Macquarie's net profit falls.
May 03, 2024 09:12 AM AEST| By Team Kalkine MediaMacquarie Group’s annual net profit took a hit falling 32 per cent. Block increases full-year profit guidance and bets big on bitcoin. Telix Pharmaceuticals completes acquisition of QSAM Biosciences. World News with in-depth analysis – trusted & tran...
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Block has increased its full-year profit guidance
May 03, 2024 08:30 AM AEST| By Team Kalkine MediaBlock has increased its full-year profit guidance and outlined plans to invest parts of its profits from bitcoin back into digital assets. The company said it would invest 10 per cent of gross profit each month received from bitcoin products into buy...
Telix Pharmaceuticals has completed the acquisition of US-based QSAM Biosciences
May 03, 2024 08:07 AM AEST| By Team Kalkine MediaTelix Pharmaceuticals has completed the acquisition of US-based QSAM Biosciences and its bone cancer investigational drug. The deal structure is a $US33.1 million cash and shares offer. QSAM investors will receive Telix shares at $US7.57 per share. A...
Namoi Cotton surges after Olam steps up offer
May 02, 2024 04:08 PM AEST| By Team Kalkine MediaSingapore’s Olam Group has stepped up its bid for Namoi Cotton, triggering a jump in Namoi’s share price on Thursday....
Meteoric Resources has announced of supplying 3000 tonnes of rare earths
May 02, 2024 12:04 PM AEST| By Team Kalkine MediaPerth based rare earth company Meteoric Resources has announced a non-binding memorandum of understanding to supply 3000 tonnes of rare earths per year from its Brazilian project to Toronto-listed Neo Performance Materials. Neo provides high-performa...
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National Australia Bank share buyback, $1.5B
May 02, 2024 07:51 AM AEST| By Team Kalkine MediaNational Australia Bank has announced it will raise its ongoing on market share buyback by $1.5 billion. The company also declared an 84¢ per share interim dividend following the bank posting a statutory profit of $3.49 billion for the six months to...
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ASX to fall. Bapcor flags lower profit.
May 02, 2024 07:00 AM AEST| By Team Kalkine MediaBapcor has indicated that challenging market conditions are expected to result in a decline in net profit for the June half, reflecting ongoing economic headwinds impacting the company's performance. Meanwhile, National Australia Bank (NAB) has decid...
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What is Amortization? Understanding & Calculating Loans and Intangible Assets
May 01, 2024 01:24 PM AEST| By Team Kalkine MediaDiscover the power of amortization with our in-depth tutorial! From unraveling loan repayment mysteries to demystifying intangible asset valuation, we've got you covered. Explore the ins and outs of financial management and learn how to calculate loa...
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Binance crypto founder sentenced to four months in prison
May 01, 2024 11:37 AM AEST| By Team Kalkine MediaFormer chief executive of Binance, has been sentenced to four months in prison after pleading guilty to violating U.S. laws against money laundering....
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Qantas data breach at frequent flyer app
May 01, 2024 11:36 AM AEST| By Team Kalkine MediaAn IT investigation is underway at Qantas following reports of a potential data breach in its frequent flyer mobile application....
What Are Derivatives? Exploring Financial Instruments for Investors.
April 24, 2024 11:38 AM AEST| By Team Kalkine MediaDive into the world of derivatives with this comprehensive breakdown. Learn what derivatives are, their benefits including risk management and speculation, and explore various types such as futures contracts, options contracts, forward contracts, and...
Plenti posted an increase of 3%
April 23, 2024 10:00 AM AEST| By Team Kalkine MediaPlenti posted an increase of 3 per cent in Its loan portfolio in the March quarter to $2.1 billion, compared to the previous quarter. The fintech lender also saw a rise in the number of customers with payments more than 90 days overdue in the March q...
Brambles sales revenue increased 7%
April 23, 2024 09:30 AM AEST| By Team Kalkine MediaBrambles reaffirmed its fiscal 2024 guidance after sales revenue increased 7 per cent to $US4.8 billion for the first nine months of FY24. Group volumes decreased by 1% driven by inventory optimisation at retailers and manufacturers across Europe and...
Elon Musk fights it out with PM Anthony Albanese
April 23, 2024 09:15 AM AEST| By Team Kalkine MediaElon Musk's confrontation with Australia's Prime Minister Anthony Albanese escalated on Tuesday following a court order directing his social media platform X to remove footage of an alleged terrorist attack in Sydney....
India election battles deepfakes of Bollywood actors
April 23, 2024 07:45 AM AEST| By Team Kalkine MediaTwo fake videos have recently gone viral in India, featuring Bollywood actors purportedly criticizing Prime Minister Narendra Modi and endorsing the opposition Congress party ahead of the country's general election. These videos, which have spread ra...
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Northern Star Resources posted 400,825 ounces of gold sold in the March quarter
April 23, 2024 07:30 AM AEST| By Team Kalkine MediaNorthern Star Resources posted 400,825 ounces of gold sold in the March quarter at an all-in sustaining cost of $1,844 an ounce. The company said All-in costs of $2,620 were higher than a year ago driven by the continuation of capital growth projects...
ASX to rise. Brambles sales revenue increased 7%
April 23, 2024 07:00 AM AEST| By Team Kalkine MediaThe Australian share market is expected to open higher. Northern Star Resources posted 400,825 ounces of gold sold in the March quarter. Brambles reaffirmed its fiscal 2024 guidance. Plenti posted an increase of 3% in its loan portfolio....
Top 10 smartest cities in the world
April 22, 2024 10:00 AM AEST| By Team Kalkine MediaSmart cities have become a significant focus on the global stage, as evidenced by the 2024 Smart City Index. The latest data reveals that Europe and Asia are leading the way in smart city development, showcasing their commitment to integrating advanc...
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