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News
US Economy Is On A Roll: What Investors Need To Know
October 04, 2018 04:25 AM AEST| By Team Kalkine MediaThe macro-economic data released on October 3, 2018 showed that the US economy is accelerating at a rapid pace lifting the hopes of the global investors. The robust momentum in the economy helped the US benchmark rates on the government bonds and, as...
Pureprofile Limited’s (ASX: PPL) Impairments Cost Increased The FY18 Loss From $12 Million To $26 Million
October 03, 2018 03:22 PM AEST| By Team Kalkine MediaIn the 2018 annual report, Pureprofile Limited (ASX: PPL) announced the statutory loss after tax of $26.0 million but to the contrary in the preliminary financial results the company posted statutory loss of $12.1 million for the year ended 30 June 2...
7 Lithium Stocks – GXY, ORE, LIT, PLS, MIN, AJM and LPD
October 03, 2018 02:00 PM AEST| By Team Kalkine MediaLithium stocks have had a strong run last year as the demand from the EV battery makers cranked up across the world, having said that the year 2018 has not been the best so far for the metals and mining stocks. Galaxy Resources Limited (ASX: GXY) -...
Canada’s Massive LNG Project Gets A Go Ahead
October 03, 2018 01:43 PM AEST| By Team Kalkine MediaA C$40 billion liquified natural gas (LNG) project in Canada has received final approval from Anglo-Dutch giant and its stakeholders on Tuesday, thereby marking the first major victory in Canada?s energy sector over the past couple of years. The fir...
Centuria Industrial REIT (ASX: CIP) Rejects Propertylink’s Acquisition Bid
October 03, 2018 01:36 PM AEST| By Team Kalkine MediaIn an announcement to ASX, Centuria Industrial REIT said that the Independent Board Committee (IBC) of its entity Centuria Property Funds No. 2 Limited (CPF2L) has refused the takeover proposal of Propertylink Group (ASX: PLG). The offer was receive...
Max Brenner Is Considering Recapitalization Of Its Business
October 03, 2018 01:25 PM AEST| By Team Kalkine MediaThe luxury chocolate chain Max Brenner is currently dealing with an uncertain future as it is considering going into voluntary administration. This decision is being taken mainly due to the sluggish sales and rising costs which have made a tough reta...
REST Facing Legal Battle Amidst Climate Risk
October 03, 2018 01:19 PM AEST| By Team Kalkine MediaOver claims breached in its trustee duties by failing to properly factor in the climate change-related risks into its investment decisions, industry super fund REST is facing a new federal court legal battle. For many retail workers REST is the defau...
Review Of Lynas Corporation’s Tax Holiday
October 03, 2018 01:12 PM AEST| By Team Kalkine MediaLynas Corporation (ASX: LYC) believes that the tax break which the company has been granted for the period of 12-years needs to review in regards to the earth refinery. For that matter, the top management of the company has published the letter to Ma...
Market Updates: What’s Impacting The Global Markets?
October 03, 2018 09:14 AM AEST| By Team Kalkine MediaThe macro-economic indicators have been impacting the markets globally. The mixed sentiments as reflected in the global markets were witnessed because of the number of risk factors coupled with the fading optimism with regards to the USMCA (United St...
The battle of 18-year Tampon Tax Has Finally Come To An End In Australia
October 03, 2018 09:04 AM AEST| By Team Kalkine MediaAfter being into controversies for last 18 years, ?tampon tax? has finally been knocked down today. The day marks the historical judgement by Australia?s treasurers who abolished one of the most hated tax applied on women?s sanitary products. In the...
Global Construction Services Shares Uplifted After Securing A Four-Year Contract By Woodside Energy Ltd
October 03, 2018 08:59 AM AEST| By Team Kalkine MediaOn 3 October 2018, Global Construction Services Limited (ASX: GCS) announced that it has secured a four-year contract by Woodside Energy Ltd as operator of the North West Shelf gas. Following this news, the share price of the company uplifted by 4.16...
Total Dwelling Approvals Falling Drastically
October 03, 2018 08:44 AM AEST| By Team Kalkine MediaIn almost two years, new dwelling approvals have fallen to their lowest level by 9.4 percent for August on seasonally adjusted terms, taking the annual fall to 13.6 per cent. Drooping by more than one-third were the building approvals for high-rise a...
Spookfish Limited (ASX: SFI) Receives $5 Million Royalty Payment From EagleView
October 03, 2018 07:35 AM AEST| By Team Kalkine MediaSpookfish Limited announced the receipt of $5 million royalty payment from Eagle View Technologies on 28 September 2018. It is said to be in accordance with the Development, License and Royalty Agreement that Spookfish and EagleView have entered on 1...
Corporatisation and Restructure Proposal Announced by Ardent Leisure Group
October 03, 2018 07:10 AM AEST| By Team Kalkine MediaOn 3 October 2018, Ardent Leisure Group?s (ASX: AAD) made an announcement regarding a? proposal for the corporatisation of the Ardent Leisure Group which will involve a formation of the new company called Ardent Leisure Group Limited to replace the c...
News - The Australian dollar on the brink
October 03, 2018 07:08 AM AEST| By Team Kalkine MediaAgainst the greenback, the Aussie has shed 7.9 percent so far this year. The RBA’s recent decision to hold the cash rate at 1.5 per cent has blurred the currency’s outlook. The AUD dropped to as low as US 71.62c overnight, and as a proxy...
Apple Unable to Meet Customers’ Demand on New Version of iPhones
October 03, 2018 07:03 AM AEST| By Team Kalkine MediaApple Inc. (NYSE: AAPL) failed to meet the huge demand of its new version (i.e., iPhone XS or XS Max)?of its flagship product in the retail stores. The customers have complained that even after ordering the product online, the retail stores were unab...
Carnegie Clean Energy Provided An Update On Its Major Projects
October 03, 2018 06:55 AM AEST| By Team Kalkine MediaCarnegie Clean Energy Limited (ASX: CCE) provided an update on its Major Projects on 28 September 2018. According to the company?s announcement, WA State Government has given confirmation to Carnegie that they have approved $2.625 million milestone p...
S&P Acts Tough On General Electric - Credit Rating Downgraded
October 03, 2018 06:25 AM AEST| By Team Kalkine MediaThe chief executive officer or CEO of General Electric has been removed and Lawrence Culp would be taking the charge. S&P has allotted a new rating to the company of BBB+ thus, downgrading the rating from A. The harsh step by S&P has been tak...
Jatenergy Limited (ASX: JAT) Suspended On ASX Pending 2018 Financial Report Release
October 03, 2018 06:16 AM AEST| By Team Kalkine MediaThe stock of Jatenergy Limited has been suspended from official quotation. In a market announcement, Australian Securities Exchange informed that securities of Jatenergy Limited has been suspended from official quotation from the commencement of trad...
10 Most Powerful Australian Business Leaders In 2018
October 03, 2018 05:30 AM AEST| By Team Kalkine MediaAt a point when the governance of most of the corporations is being questioned like never, it?s obvious that a campaign was started by David Murray against ASX corporate governance rules. The reputation of the corporate sector has rarely been attacke...
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