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News
Nuheara Brings ADCO On Board as New Distributor in The United States
September 06, 2018 07:09 AM AEST| By Team Kalkine MediaNuheara Limited (ASX: NUH) takes a step further in the United States as the company adds ADCO Medical suppliers as the latest distributor for selling its IQbuds medical devices. Nuheara and ADCO would work together to enhance the supply of hearing de...
Spectur’s September quarter revenue already surpassed previous results
September 06, 2018 06:46 AM AEST| By Team Kalkine MediaPerth based technology solution company Spectur Limited (ASX:SP3) today declared the revenue of its first two months for September quarter 2018. Company?s revenue for July and August has sky-rocketed to $800,000, posting more than 2-fold increase com...
Telstra cuts income guidance on nbn corporate plan
September 06, 2018 05:34 AM AEST| By Team Kalkine MediaTelstra (ASX: TLS) has cut down its income and earning guidance due to slower than expected rollout of National broadband network. In a market release today, Telstra announced revised FY19 guidance following the new nbn corporate plan released on 30...
Australian dollar uplifted on the back of GDP hitting 3.4% of annual growth
September 05, 2018 04:13 PM AEST| By Team Kalkine MediaThis morning Australian dollar spiked 0.5% to US72 cents as gross domestic product (GDP) climbed by 0.9% in June Quarter, beating the expectation of 0.7% growth. As per the reports, GDP annual growth of 3.4% records the fastest pace in nearly six yea...
Amazon flags the label of second US$1 trillion company
September 05, 2018 04:08 PM AEST| By Team Kalkine MediaIt took almost 38 years for Apple as a public company to achieve the trillion-dollar milestone whereas Amazon reached there in just 21 years. On 5 September 2018 (AEST), Amazon.com has become the second US trillion dollar company following the miles...
4 much-talked about Lithium Stocks on the downfall - GXY, PLS, KDR and AJM
September 05, 2018 04:05 PM AEST| By Team Kalkine MediaThe last month saw the fall of spot price accelerating in China, as there was a subsequent decline in the Chinese lithium carbonate prices. Looking at the recent development on export taxes in Argentina, some lithium stocks plunged to the negative zo...
Macquarie to sell its 95 million shares in Oceania Healthcare
September 05, 2018 03:59 PM AEST| By Team Kalkine MediaMacquarie Group (ASX: MQG) has gone on selling down some of its stakes in New Zealand based aged care service provider, Oceania Healthcare. As per the Oceania Healthcare?s disclosure to New Zealand Exchange, Macquarie Group has been found selling do...
Sino Gas & Energy Holdings Ltd Advances on Takeover offer
September 05, 2018 03:53 PM AEST| By Team Kalkine MediaLone Star, the US private equity fund, will acquire Sino Gas & Energy Holdings Ltd (ASX: SEH) which happens to be Australia?s only indigenous gas producer in China. In this regard, the $530mn (25 cents per share) cash takeover offer got approved...
Federal funding cuts wiped out Regis’ earnings
September 05, 2018 03:44 PM AEST| By Team Kalkine MediaFunding cuts by Federal government took away Regis Healthcare?s (ASX: REG) earnings as the ASX listed aged care services provider reported lower EBITDA of $117.1 million for the financial year ended 30 June 2018. This represents a 5% decline in grou...
Cost-cuts couldn’t help Metcash enough: Analyst
September 05, 2018 03:26 PM AEST| By Team Kalkine MediaMetcash is an Australia?s leading wholesaler of grocery, food, liquor and other fast-moving consumer goods. The independent food retailer is undergoing margin pressure on getting squeezed by big chains like Woolworths and Coles as these supermarket g...
4 Stocks taking charge – SIG, RWC, WTC and MMS
September 05, 2018 08:59 AM AEST| By Team Kalkine MediaA perfect mix of four stocks from varied sectors that are gaining traction and heading upwards on the ASX index are discussed herein; SIGMA HEALTHCARE LIMITED (ASX: SIG) - It is a health care sector company. The group over next 3 years is committed t...
FAR Limited’s stock tumbled on ASX
September 05, 2018 08:20 AM AEST| By Team Kalkine MediaFAR Limited?s stock plunged 4.167% to $0.115 on 5 September 2018 despite posting 53% improvement in relative performance since 1 July 2017. Gas and oil explorer FAR Limited have recently finalized the Samo-1 well location in Gambia which is to be dr...
Starpharma’s DEP irinotecan showed significant anti-cancer efficacy with complete tumour regression
September 05, 2018 07:59 AM AEST| By Team Kalkine MediaStarpharma Holdings Limited?s (ASX: SPL) share price surged 3.387% to $1.282 after announcing that its proprietary DEP irinotecan development candidate showed complete tumour regression and 100% survival in a human pancreatic cancer model. This is co...
Syrah’s share price tumbled despite completing $94 million of raising capital
September 05, 2018 07:32 AM AEST| By Team Kalkine Media$94 million of capital raising did not seem to please the investors as the Syrah Resources? share price continues to hit the ground. Syrah Resources Limited (ASX: SYR) pressed the paused button yesterday, i.e. 4 September 2018, but following the rel...
7 Beaten Down Stocks – GEM, RFG, NTC, MYR, SGM, NXT and MIN
September 05, 2018 06:32 AM AEST| By Team Kalkine MediaG8 EDUCATION LIMITED (ASX: GEM) ? There is a rapid deterioration in the $13 billion industry?s economics. The company?s occupancy level had fallen to 70.1 percent i.e. by 250 basis points year on year in the 6 months ended June 30, 2018. The company...
Downer wins five-year mining contract extension
September 05, 2018 05:51 AM AEST| By Team Kalkine MediaDowner EDI Limited (ASX: DOW) today announced that it has been awarded a contract by Millmerran Power Partners to continue the provision of mining services for more five years at the consideration of $286 million. The contract requires the Downer to...
Transurban Group completes $3 billion institutional bookbuild
September 05, 2018 05:16 AM AEST| By Team Kalkine MediaIn morning trade today Transurban Group?s share price drifted lower despite announcing successful completion of institutional bookbuild. This morning i.e. 5 September 2018, Transurban Group announced the completion of institutional component resulti...
BHP Billiton Limited clutched stakes in copper explorer SolGold
September 05, 2018 05:10 AM AEST| By Team Kalkine MediaToday morning BHP Billiton Limited announced that it has entered into an agreement with Guyana Goldfields Inc to acquire 6.1% stakes in SolGold Plc for $35.2 million. It is to buy the slice of highly coveted Cascabel copper-gold project in Ecuador wh...
Two Stocks that were on trading halt today
September 04, 2018 01:54 PM AEST| By Team Kalkine MediaOrocobre Limited (ASX: ORE) The stock of Lithium chemicals producer Orocobre Limited paused trading on stock exchange as the company requested ASX to place their securities in trading halt, pending the release of an announcement. Having Lithium...
Does venturing into Small-cap shares equates to sacrificing dividends?
September 04, 2018 01:43 PM AEST| By Team Kalkine MediaSmall-cap stocks generally have a market capitalization ranging from $300 million to about $3 Billion. Many companies in this category of market index generally are riskier than their other counterparts who have a market cap higher to a few billion d...
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