News
10 ASX Tech Stocks that gained over 30% in the last three months
August 13, 2020 05:01 PM AEST| By Team Kalkine MediaSummary The technology sector has outperformed most sectors during the last few months and has exceeded its pre-COVID-19 levels. Afterpay has completed its capital raising. The proceeds would support the Company’s rapid growth and provide.....
Commodities at the Heart of Australian Mining Space – Strong Momentum Stronger Returns
August 13, 2020 03:49 PM AEST| By Team Kalkine MediaSummary Commodity markets across the globe have put up a good show amidst COVID-19 outbreak with many rallying to record highs. The surge in the commodity space, especially in gold, silver, iron ore, and copper, has been a boon for ASX200 and o.....
Magellan Financial Group Reports Positive Set of Numbers for FY20, Adjusted NPAT Up 20%
August 13, 2020 02:35 PM AEST| By Team Kalkine MediaSummary Magellan Financial Group registered a 26 per cent increase in average funds under management, while adjusted net profit after tax grew by 20 per cent for FY20. Total dividends up by 16 per cent to 214.9cps including a 122.0cps dividend .....
Smoking e-cigarettes? Study Shows you are seven times more likely to get COVID-19
August 13, 2020 02:27 PM AEST| By Team Kalkine MediaCOVID-19 pandemic is actively spreading across the globe, and irrespective of the age group, with countries that had dealt with it earlier now facing the second wave of infection. People across all age groups are getting affected, though previous d.....
Deja Vu -Shortage of Essentials as Customers Rush to Stock Up
August 13, 2020 02:13 PM AEST| By Team Kalkine MediaThe Coronavirus pandemic has been the talk of the town since it was first reported in Wuhan, China, in December 2019. We have already made it through more than half of 2020, yet there seems no decline in the number of coronavirus cases across the g.....
Kamala Harris: From Joe Biden's Critique to Vice President
August 13, 2020 01:51 PM AEST| By Team Kalkine MediaFirst woman, first African American and first Asian attorney general of California. Kamala Harris, once a staunch critique of Joe Biden, is now running with him as a Vice President candidate. The US Senator Kamala Harris is a prominent black poli.....
Impressive! Real Energy & Strata-X Energy Merger to Form Pure Energy Progressing to Plan
August 13, 2020 11:40 AM AEST| By Team Kalkine MediaSummary Real Energy is an Australian east coast focused gas company with interests in the Cooper Basin and the Surat Basin in Queensland. Recently, the Company entered a binding Scheme Implementation Agreement with Strata-X Energy to pursue a n.....
Sumner Redstone, Man Who Shaped Modern Entertainment, dies at 97
August 13, 2020 03:12 AM AEST| By Team Kalkine Mediaater CBS. The two merged to form media mammoth ViacomCBS. Sumner Redstone – the billionaire media boss, business innovator and the man who gave shape to the modern entertainment industry – died late on Tuesday (March 11). He was 97....
China’s CPI numbers and Australian tie-ups
August 13, 2020 12:22 AM AEST| By Edita IvancevicDue to the coronavirus pandemic, countries around the world are experiencing a rise in prices of goods. Apart from the price increase, many territories are printing more money, resulting in currency inflation. Both situations mentioned above are c.....
Earnings Report: Stocks that Passed the Litmus Test and those that Didn’t: TCL, SEK, CPU, DOW, NWS
August 12, 2020 11:10 PM AEST| By Hina ChowdharySummary All eyes have been on ASX-listed companies these days as they release their annual results. The results indicate how the companies performed amid high volatility. Transurban Group reported a drop in its revenue by 13.2% to US$3,616 mill.....
Market Update: S&P/ASX200 Rose by 3.5% in One Month: What Investors Need to Know
August 12, 2020 11:10 PM AEST| By Team Kalkine MediaOn 12th August 2020, Australian equity market ended in red, and the benchmark index S&P/ASX200 moved down by 6.7 points to 6132. During the last one month, index has gained 3.5%. S&P/ASX 200 Materials (Sector) stood at 14,622.5, reflecting a...
Market Participants on Shopping Spree, Stocks Under Chartist’s Lens – NWS, BRG, MSB, SXL
August 12, 2020 07:49 PM AEST| By Team Kalkine MediaSummary S&P/ASX 200 is now sustaining well above the 6,000 mark, building strong hope among market participants that the recent tide is bound for 8,000 mark. Furthermore, the Australian share market is witnessing some high inflow from globa.....
Victoria’s second wave of COVID-19 is pulling down jobs and consumer spending
August 12, 2020 07:23 PM AEST| By Team Kalkine MediaSummary The lockdown imposed in Victoria is dragging down the nation's jobs market and consumer spending. ANZ and CBA data shows a deteriorated spending in Victoria due to stage 4 restrictions, but a rise in spending for the rest of the country.....
How are NZ Educational Institutions Bracing for 2021 Calendar?
August 12, 2020 04:49 PM AEST| By Team Kalkine MediaThe Government of New Zealand is planning to provide NZ$214 million as COVID-19 response and recovery fund. The aid will be provided to schools and help the construction of companies that are addressing additional costs because of the ongoing healt.....
a2 Milk Appoints David Bortolussi as New Managing Director and CEO
August 12, 2020 04:27 PM AEST| By Team Kalkine MediaThe a2 Milk Company Limited (ASX: A2M, NZX: ATM) has appointed new Managing Director and CEO David Bortolussi. Mr Bortolussi, who will be based out of Sydney office, is anticipated to start working with the company from early 2021 calendar yea.....
Noxopharm Announces Publication of LuPIN Trial Data in the European Urology Oncology Journal
August 12, 2020 04:08 PM AEST| By Team Kalkine MediaClinical-stage drug development player, Noxopharm Limited (ASX:NOX) has recently announced peer-reviewed publication of the LuPIN trial data in the international journal, European Urology Oncology. According to Noxopharm, the publication of key Lu.....
McDonald's Suing Former Chief Executive – All That You Need to Know!
August 12, 2020 02:45 PM AEST| By Team Kalkine MediaIt's been eight months since McDonald's Chief Executive Steve Easterbrook was fired for allegedly sexting with a co-worker. After the revelation, ex- CEO apologised and left the company with tens of millions in compensation. On Monday, 10th Au.....
Cryptocurrency Trading on the Rise, Bitcoin Again Crosses USD 12K Mark
August 12, 2020 01:51 PM AEST| By Team Kalkine MediaSummary Amid COVID 19 crisis, bitcoin trading seems to gain a foothold, as it crossed the USD 12k mark twice in the recent weeks. Factors like pandemic-driven scenario, stock market volatility, ongoing geopolitical issues, and recent US Preside.....
Invictus Marks Significant Milestones: EIA Approved by EMA, Zimbabwe Investment Licence Renewal
August 12, 2020 12:48 PM AEST| By Team Kalkine MediaSummary Invictus Energy is currently developing its 80% owned and operated Cabora Bassa Project in Zimbabwe. Its asset portfolio comprises a highly prospective 250k acres within the Cabora Bassa Basin in Zimbabwe where Special Grant 4571 contai.....
Despite Rising Employment Figures, Canada is Staring at Bumpy Economic Growth
August 12, 2020 03:48 AM AEST| By Kunal SawhneyCanada's job growth is trickling back, inch by inch. In July, the economy added 419,000 jobs while the jobless rate dropped to 10.9 per cent. A total of 1.66 jobs were regained in the last three months. Yet, the employment numbers are nowhere clos.....
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