Financial


 The A2 Milk Company Ltd - Witnesses surge with outstanding financial performance in FY18

The A2 Milk Company Ltd - Witnesses surge with outstanding financial performance in FY18

August 22, 2018 06:45 AM AEST| By Team Kalkine Media

Outstanding financial performance in FY 18: The A2 Milk Company Ltd.?s (ASX: A2M) stock surged 5.5% on August 22, 2018 after the company delivered outstanding financial performance in FY 18 with 116% growth in net profit after tax to NZ$195.7 million...

 Flexigroup Limited (ASX: FXL) - Flexigroup share price arrowed up on FY18 results release

Flexigroup Limited (ASX: FXL) - Flexigroup share price arrowed up on FY18 results release

August 21, 2018 08:56 AM AEST| By Team Kalkine Media

The share price of consumer finance group, Flexigroup Limited (ASX: FXL) rallied 26.72% to $2.3 as company reported FY18 profit at higher end of guidance range. In the full year results release for the period ended 30 June 2018, Flexigroup today, as...

 3 Fintech Stocks to Look at – NWL, HUB, and PPS

3 Fintech Stocks to Look at – NWL, HUB, and PPS

August 20, 2018 01:52 AM AEST| By Team Kalkine Media

Netwealth Group Ltd (ASX: NWL) is a financial service company that offers a range of innovative portfolio administration, retirement, investment, superannuation, and managed accounts solutions to both investors and non-institutional intermediaries. T...

 MyState Limited (ASX: MYS) - MyState Edged lower despite confirming FY18 profit at $31.5 million

MyState Limited (ASX: MYS) - MyState Edged lower despite confirming FY18 profit at $31.5 million

August 17, 2018 08:58 AM AEST| By Team Kalkine Media

Australian financial group, MyState Limited (ASX:MYS) today announced solid results for twelve months to 30 June 2018, delivering net profit after income tax of $31.5 million, an increase of 4.6% on the prior corresponding period 30 June 2017. With...

 Insurance Australia Group Ltd Reports Slight fall in the profit for FY 18

Insurance Australia Group Ltd Reports Slight fall in the profit for FY 18

August 15, 2018 07:57 AM AEST| By Team Kalkine Media

Slight fall in the profit for FY 18: Insurance Australia Group Ltd.?s (ASX: IAG) stock fell 5.8% on August 15, 2018 after the company for FY 18 reported 0.6% fall in the net profit after tax to $929m. During 2018, Like-for-like Gross Written Premium...

 CSL Ltd Delivered Decent FY 18 Financial Performance

CSL Ltd Delivered Decent FY 18 Financial Performance

August 15, 2018 07:17 AM AEST| By Team Kalkine Media

Decent FY 18 Financial Performance: CSL Limited?s (ASX: CSL) stock rose 5.03% on August 15, 2018 after the company for FY 18 reported 29% growth in the reported net profit after tax to $1,729 million, slightly ahead of the company?s guidance. The com...

 Wesfarmers Ltd.’s stock surging up despite a plunge in bottom-line profit

Wesfarmers Ltd.’s stock surging up despite a plunge in bottom-line profit

August 15, 2018 07:12 AM AEST| By Team Kalkine Media

Decent Performance in FY 18 after excluding significant items: Wesfarmers Ltd.?s (ASX: WES) stock rose 3.22% on August 15, 2018 though the company for FY 18 delivered 58.3% fall in the reported net profit after tax (NPAT) to $1,197m. This includes a...

 2 Banking Sector Stocks – ANZ, NAB

2 Banking Sector Stocks – ANZ, NAB

August 15, 2018 06:59 AM AEST| By Team Kalkine Media

Australia and New Zealand Banking Group Ltd (ASX: ANZ) The banking sector stock traded at $ 30.060 on August 15, 2018, up 1.4% as at 2:30 PM AEST. Release of Interim Financial Statement Highlights included the following: ????????? Net inter...

 Challenger Limited (ASX: CGF) – Stock Plunges despite Unveiling Strong Capital Base

Challenger Limited (ASX: CGF) – Stock Plunges despite Unveiling Strong Capital Base

August 14, 2018 04:31 AM AEST| By Team Kalkine Media

Challenger Limited (ASX: CGF) has revealed its full year result wherein assets under management increased to more than $81 billion, which is up by 16%. This jump has been well supported by significant growth in Life sales and very strong fund flows i...

 Four Financial Stocks – PMC, MFF, WMI and CGF

Four Financial Stocks – PMC, MFF, WMI and CGF

August 14, 2018 03:42 AM AEST| By Team Kalkine Media

Platinum Capital Limited Platinum Capital Limited (ASX: PMC) is an investment manager focusing on international shares, and building a portfolio of listed companies from around the world. Top 10 Holdings (Source: Company Reports) [optin-monster...

 Navigator Global Investments Ltd (ASX: NGI) – Shares on a sinusoidal trend post FY18 results

Navigator Global Investments Ltd (ASX: NGI) – Shares on a sinusoidal trend post FY18 results

August 10, 2018 05:02 AM AEST| By Team Kalkine Media

Investment manager, Navigator Global Investments Ltd (ASX: NGI) announced its result for fiscal year 2018 on 9 August 2018. The results being hosted by CEO Sean McGould and CFO Amber Stoney reported a leap of 76% in Navigator?s assets under managemen...

 Is Netwealth Group Ltd (ASX: NWL) set to beat the big banks at large?

Is Netwealth Group Ltd (ASX: NWL) set to beat the big banks at large?

August 10, 2018 04:02 AM AEST| By Team Kalkine Media

Netwealth Group Ltd (ASX: NWL) was formed in 1999 with the objective of providing astute investors and wealth professional with a better way to invest, protect, and manage their current and future wealth. It offers a range of Superannuation and Wrap...

 Magellan Financial Group Limited’s (ASX: MFG) Shares Rocketed on ASX with Full Year Results

Magellan Financial Group Limited’s (ASX: MFG) Shares Rocketed on ASX with Full Year Results

August 09, 2018 06:43 AM AEST| By Team Kalkine Media

Magellan Financial Group Limited?s (ASX: MFG) shares climbed up 15.99 per cent on August 09, 2018 following the release of full-year results wherein revenue grew by 34 percent to $452.6 million in FY18 as compared to the last year. Profit after tax a...

 Suncorp Group Limited (ASX: SUN) - Share price moves up with annual result for 2018

Suncorp Group Limited (ASX: SUN) - Share price moves up with annual result for 2018

August 09, 2018 06:17 AM AEST| By Team Kalkine Media

A leading financial service provider, Suncorp group (ASX: SUN) today hosted the results announcement for financial year ending 30 June 2018. The company reported a 34% uplift in Net Profit After Tax on the first half, contributing to full year NPAT o...

 Commonwealth Bank of Australia Up on 2018 annual result

Commonwealth Bank of Australia Up on 2018 annual result

August 08, 2018 06:55 AM AEST| By Team Kalkine Media

Stock price rise despite softness in FY18 Performance: Commonwealth Bank of Australia?s (ASX:CBA) stock rose 2.47% on August 08, 2018 (before market close) despite the company for full year 2018 reported for a 4% fall in the statutory net profit afte...

 AMP Limited’s Net Profit fell 74% due to misconduct inquiry

AMP Limited’s Net Profit fell 74% due to misconduct inquiry

August 08, 2018 06:47 AM AEST| By Team Kalkine Media

In line Financial Performance for 1H 2018: AMP Limited?s (ASX: AMP) stock rose 4.48% on August 8, 2018 (before market close) after the company delivered 5.7% growth in underlying profit due to cost cutting for 1H 2018. However, AMP for the first half...

 2 Small cap Financial Stocks - Kina Securities (ASX: KSL) & CML Group (ASX: CGR)

2 Small cap Financial Stocks - Kina Securities (ASX: KSL) & CML Group (ASX: CGR)

August 08, 2018 04:14 AM AEST| By Team Kalkine Media

While the financial sector was by and large hit by Royal Commission, nevertheless few small-cap stocks have been up and running with resilient performances and are key to watch going forward. 2 examples of such stocks are dealt with in this article....

 IOOF Holdings Limited (ASX: IFL) Updates on FY18 results

IOOF Holdings Limited (ASX: IFL) Updates on FY18 results

August 07, 2018 07:42 AM AEST| By Team Kalkine Media

IOOF Holdings Limited (ASX: IFL) has reported a record UNPAT of $191.4 million which is up by 13% for FY18. The company has reliable recurring cost management with capital expenditure reduced by $9.4 million and cost to income ratio improved by 5% to...

 Flexigroup Limited (ASX: FXL) – Stock Slumps on New Chief Executive Appointment

Flexigroup Limited (ASX: FXL) – Stock Slumps on New Chief Executive Appointment

August 06, 2018 08:36 AM AEST| By Team Kalkine Media

After putting three dedicated years of leadership in FXL group, Chief Executive Officer Symon Brewis- Weston decided to step down from the position with effect from 3 September 2018. Following to Symon?s resignation Australia?s financial services gia...

 Beadell Resources Ltd is raising funds

Beadell Resources Ltd is raising funds

August 06, 2018 08:16 AM AEST| By Team Kalkine Media

Capital Raising to fund the ongoing mill expansion: Beadell Resources Ltd.?s (ASX: BDR) stock rose 1.818% on August 06, 2018 after the company announced about its plans to raise approximately A$11.8 million through the placement of approximately 218....

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