News

REFFIND Releases June Quarter Report, A Productive Period for Flagship WooBoard
August 03, 2020 06:15 PM AEST| By Team Kalkine MediaSummary REFFIND has been actively engaged in identifying commercial opportunities for its flagship offering WooBoard, an intelligent employee recognition platform. During the June quarter, average number of new trial accounts per month on the p.....

Iron Ore Prices Poised to Weather the Supply Normalcy Storm?
August 03, 2020 04:44 PM AEST| By Team Kalkine MediaASX-listed iron ore stocks such as Fortescue Metals Group Limited (ASX:FMG), BHP Group (ASX:BHP), Rio Tinto Limited (ASX:RIO) have been gung-ho on back of a strong rally in iron ore prices across the global front, primarily due to high demand from .....

Mental Health Claims Likely to Go Up; Are Insurance Firms Ready?
August 03, 2020 03:22 PM AEST| By Team Kalkine MediaSummary While we have monetary reforms taking care of economic conditions and hospitals servicing physical ailments, mental distress is emerging as major challenge with Australians experiencing anxiety, worry, or fear. According to a Financial .....

Gold- A Sprinter in the Marathon, Is the Price Rally Sustainable?
August 02, 2020 12:25 AM AEST| By Team Kalkine MediaGold spot has been in a marathon with a generally positive trend for the past few years; however, the onset of the year 2020, saw the outbreak of COVID-19 pandemic across the globe. In this context gold’s relevance as a hedge has come to fore.....

Are We in a Messed-up state in the Fight Against COVID-19?
August 02, 2020 12:10 AM AEST| By Team Kalkine MediaSummary COVID-19 has emerged as the most challenging thing for the world that has taken severe charge over global economics as well as society. Major economies have felt severe repercussions due to the pandemic with the US GDP tumbling by 32.9%.....

How the struggling US economy is affecting geographies worldwide
August 02, 2020 12:00 AM AEST| By Team Kalkine MediaSummary The US reported 32.9% dip in its Gross Domestic Product in the second quarter of 2020, signalling a historic plunge in the economic activity. US economic worries in the face of COVID-19 crisis seem to be further accentuated by tra.....

US Economy Charter and Dow Jones: Economy shrivels while stocks are under spotlight
August 01, 2020 01:37 AM AEST| By Team Kalkine MediaSummary On 30 July, both Dow Jones and S&P 500 indices fell 0.85% and 0.38%, respectively, prompted by worst fall of 32.9% in the US GDP numbers in Q2 period, highlighted by Bureau of Economic Analysis. Sharp plunge in consumer spending was.....

Stocks Under Discussion: Super Retail, Prospa, iSignthis
August 01, 2020 12:48 AM AEST| By Kunal SawhneySummary Super Retail Group witnessed growth of 4.2% in total sales in the 52 weeks to 27 June 2020 with successive increase in sales in June from April and May. Australian business loan provider, Prospa Group, considering economic impacts of t.....

August 2020 Earnings Season Set to Rock the Investors’ Watchlist: What lies Ahead for the Travel Sector?
August 01, 2020 12:08 AM AEST| By Team Kalkine MediaWhile the US Q2 2020 earnings season failed to cheer investors so far amid mixed impact of the COVID-19 pandemic on companies’ profits, all eyes are now glued to Australia’s August 2020 earnings season that is expected to unfold as a ma.....

Market Update: S&P/ASX200 Ended in Red; SUL Rose by 9.494%
July 31, 2020 11:00 PM AEST| By Team Kalkine MediaAt the close of the trading session on 31st July 2020, equity market of Australia ended in red. The benchmark index S&P/ASX200 witnessed a decline of 123.3 points to 5927.8. The index has lost 1.60% during the last five days. S&P/ASX 200 Cons...

China and Taiwan- The Emerging Catalyst In the Global LNG Demand Growth Curve
July 31, 2020 09:12 PM AEST| By Team Kalkine MediaSummary The global LNG trades are moving at rabbit’s pace, with total trades reaching 348 million tonnes in 2019, leading to a supply rush, which is now dependable on China and Taiwan imports and energy policies. Both China and Taiwan are.....

Apple Announces 4 for 1 Stock Split, Posts Record Quarter Despite Pandemic Disruptions
July 31, 2020 09:02 PM AEST| By Team Kalkine MediaSummary Apple has once again delivered a beat on street estimates, and this time by quite a surprise with 18% earnings growth. iPhone revenues also increased marginally, while other products and services helped it to deliver record June quarter......

Stocks to Watch Next Week: IAG, REA, NWS, CRN, RMD
July 31, 2020 08:11 PM AEST| By Team Kalkine MediaSummary Insurance Australia Group to release detailed results for FY2020 on 7 August 2020, expects gross written premium growth of ~1.1% REA Group to announce its FY20 results on 7 August 2020; for nine months ended 31 March 2020 REA reported r.....

Fortescue Metals Surpasses All Expectations, Stock Hits Another Record High
July 31, 2020 07:05 PM AEST| By Team Kalkine MediaSummary Much-awaited Q4 results of Fortescue Metals Group finally marked the presence on 30 July 2020, bringing smiles on the face of stakeholders, expecting a record revenue for FY2020. FMG surpassed all expectations in terms of, shipment, rea.....

Musgrave Minerals Records Remarkable June Quarter, Stock Zooms Up 4%
July 31, 2020 06:57 PM AEST| By Team Kalkine MediaJune Quarter of 2020 peppered with global impacts of the pandemic is nevertheless beating the drums for outstanding exploration activities of Musgrave Minerals Limited (ASX: MGV). In a significant update, Musgrave announced its June Quar.....

Cobalt Blue Receives Strong Support for $3.75Mn Placement, SPP Announced
July 31, 2020 05:18 PM AEST| By Team Kalkine MediaAustralian exploration and development company, Cobalt Blue Holdings Limited (ASX:COB) has announced to have received commitments for a placement raising $3,751,101 before costs from existing and new institutional and professional investors. Moreov.....

Some stocks that have helped investors cash-in the bets: PointsBet, Sezzle
July 31, 2020 03:57 PM AEST| By Team Kalkine MediaSummary The uncertain trajectory of shares during the unprecedented COVID-19 induced economy has given many investors to cash-in the bets. Pointsbet, an online bookmaker, experienced a price rally of 104.15% in a year with its Australian busine.....

Zoom Your Lens Over VRX Silica’s Impressive June Quarter Results
July 31, 2020 03:42 PM AEST| By Team Kalkine MediaSummary VRX Silica continued developments at its advanced silica sand projects during June 2020 quarter. The Company completed negotiations regarding the proposed mining project agreement for Arrowsmith Projects and finalised the formal process.....

How are Tenant bankruptcies and vacancies playing a role: Look at Unibail-Rodamco-Westfield
July 31, 2020 03:02 PM AEST| By Team Kalkine MediaSummary The impact of new social distancing norms and associated paradigm shift in consumer behaviour on retail economics deserve closer attention. Despite the pandemic impact, Unibail-Rodamco-Westfield reported some emerging green shoots acros.....

Champion Iron and IGO Limited Publish Quarterly Results, What Moved the Needle this Quarter?
July 31, 2020 02:48 PM AEST| By Team Kalkine MediaThe June 2020 quarter has been a quarter of recovery of the domestic market with a ~ 40 per cent recovery in the S&P/ASX 200, leading to a sentiment boost in many listed stocks. The June 2020 earnings season along with the diminishing market v.....

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