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News
Market Update: Tech Stocks Are The Market Movers. Dow Ended In Green
November 01, 2018 08:55 AM AEDT| By Team Kalkine MediaIt would not be wrong to say that the technology stocks are the primary stocks which decide the direction of the broader markets. On 31 October 2018, the Dow Jones Industrial Average ended the day in green and settled at 25,115.76 which implies the r...
Ausdrill Traded Lower After The Final Completion Of Barminco Acquisition
November 01, 2018 08:47 AM AEDT| By Team Kalkine MediaAusdrill Limited (ASX: ASL) entered an acquisition process with the leading global underground mining service provider of the hard rock, Barminco holdings limited. The announcement for the acquisition was made on August, 2018. Barminco operates throu...
China’s Expectation Of More Top Quality Iron Ore Can Boost Some ASX Miners
November 01, 2018 08:27 AM AEDT| By Team Kalkine MediaThere is an increase in demand of higher grade quality of iron ore fines and pellets from China in order to boost its output and to lower their per unit pollution. As? a result, Iron ore prices are expected to remain high throughout the December quar...
3 Stocks Under Investors' Radar - MXC, CLA And BGS
November 01, 2018 08:03 AM AEDT| By Team Kalkine MediaMGC Pharmaceuticals Ltd (ASX: MXC) MGC Pharmaceuticals Ltd (ASX: MXC) were requested to be placed on a trading halt pending the release of announcement regarding MGC Derma sale transaction with Canadian-based company CannaGlobal and the halt was req...
Woolworths Group’s Shares Uplifted After Providing Q1 FY19 Sales Results
November 01, 2018 07:52 AM AEDT| By Team Kalkine MediaWoolworths Group Ltd.?s (ASX: WOW) shares uplifted by 0.95 percent following the announcement of its September quarter sales results on 1 November 2018. The total sales from continuing operations increased by 1.9 percent to $14.8 billion in Q1 FY19 c...
Housing Market Slump In Australia Continues: What Investors Need To Know
November 01, 2018 07:47 AM AEDT| By Team Kalkine MediaThe dark clouds are still looming over the Australian housing market as the decline continues to impact the results of the companies. The property prices in Sydney witnessed a fall of 7.4% over the year, a level which has not been witnessed since 199...
Challenger Welcomes Retirement Income Framework Reforms
November 01, 2018 07:42 AM AEDT| By Team Kalkine MediaAustralia based investment managing firm Challenger Limited (ASX: CGF) provided an update on government?s Retirement Income Framework that was announced yesterday. In the release dated 31 October 2018, the Government reaffirmed its support to the de...
RACE Oncology Limited Is On Upswing After The Appointment Of Biosynergy
November 01, 2018 07:36 AM AEDT| By Team Kalkine MediaRACE Oncology Limited (ASX:RAC) has executed the service agreement with New York based Biosynergy partners LLC, in order to pursue licensing of Bisantrene and other deals for the agreement. The Biosynergy partners is owned by one of the previous dire...
Cedar Woods Shares Uplifted On ASX Post Release Of Q1 FY19 Update
November 01, 2018 07:28 AM AEDT| By Team Kalkine MediaCedar Woods Properties Limited?s (ASX: CWP) shares uplifted? by 2.264 percent on 1 November 2018, following the release of first-quarter update in which the company reported that it is on track to deliver a strong increase in FY19 earnings after a so...
Vicinity Centres’ Shares Tumble On The Day Of 2018 AGM
November 01, 2018 05:34 AM AEDT| By Team Kalkine MediaVicinity Centres (ASX: VCX) shares are drifting lower on the day of its Annual General Meeting. At the timing of writing, 1 November 2018 (4:00 PM AEST), the share price of Vicinity Centres has plunged by 1.69% to stand at $2.605. In the Annual Gene...
Pensana Aims To Have The World’s Largest Rare Earths Deposit In Angola
November 01, 2018 05:13 AM AEDT| By Team Kalkine MediaPensana comes from a Chinese word which means ?giant rock?. The junior explorer, Pensana Metals Limited (ASX: PM8), of the Angola project is optimistic that it contains neodymium-praseodymium (NdPr). NdPr is widely used into automotive industry for e...
Credit Corp Group’s Shares Mounted After Reporting FY 2019 Guidance Upgrade
November 01, 2018 05:04 AM AEDT| By Team Kalkine MediaOn 1 November 2018, Credit Corp Group Limited?(ASX: CCP) held its Annual General Meeting in which the company provided its FY 2019 guidance upgrade, following which the share price of the company increased by 3.255 percent as on 1 November 2018 (as a...
Wagners Slips After Management Reduces Its Estimates For First Half Of FY19
November 01, 2018 04:58 AM AEDT| By Team Kalkine MediaWagners Holding Company Limited (ASX: WGN) has been on its expansion path since inception and has now included cement, fly ash and lime, reinforcing steel, contract crushing, bulk transport and lightweight composite fibre products in its portfolio. W...
What’s The Buzz Around Qantas Airways Shutting Down Its Innovation Unit?
November 01, 2018 04:51 AM AEDT| By Team Kalkine MediaIt has been heard that Qantas Innovation unit has come to a halt. Airways company, Qantas Airways Ltd (ASX: QAN) has shut down its business of ?Qantas Innovation? and released its employees from work on Wednesday. The unit was led by Robert Marcolina...
Why Is Japara Healthcare Edging Up On ASX?
November 01, 2018 04:03 AM AEDT| By Team Kalkine MediaUp 1.78% on November 01, 2018 (1:50 PM AEST), Japara HealthCare Limited (ASX:JHC) had its annual general meeting organized as on October 31, 2018, addressing all its shareholders. Management provided a brief review on FY18 operations and management?s...
Freedom Foods Group Reported about Australian Fresh Milk’s Acquisition of Coomboona Dairy Operation
November 01, 2018 03:59 AM AEDT| By Team Kalkine MediaFreedom Foods Group Limited (ASX: FNP) is having 10% equity shareholding in Australian Fresh Milk Holdings (AFMH) which is based in Gooloogong, Australia. On 1 November 2018, Freedom Foods Group Limited announced that Australian Fresh Milk Holdings (...
NAB’s Shares Uplifted On ASX Post Release Of FY 2018 Results
November 01, 2018 02:11 AM AEDT| By Team Kalkine MediaNational Australia Bank Ltd.?s (ASX: NAB) shares were uplifted by 1.388 percent on 1 November 2018 (12:55 PM AEST), following the announcement of FY 2018 Results. As per NAB?s CEO Mr. Andrew Thorburn, FY 2018 was a challenging year for NAB, however t...
3D Mapper Pointerra Flows 120% After Landing Driverless Car Contract
October 31, 2018 10:30 AM AEDT| By Team Kalkine Media3D mapper Pointerra shares have gone up by 120 % after the company?s announcement about its secured two monthly subscriptions in order to manage data in the emerging autonomous car sector. The joint monthly subscription of the two contacts is $US16,5...
Dropsuite Loses Its 420,000 Users Leading To The Fall In Share Price By 55% By The End Of Day
October 31, 2018 10:20 AM AEDT| By Team Kalkine MediaDropsuite, the email backup provider company experienced a fall in the paying users. As a result of which the company took a backstep. This also resulted in the fall of the stock price by 58% to 4.1c when the market opened on Wednesday morning 31 Oct...
IBM’s Move On Controlling Child Miners Through Block Chain
October 31, 2018 10:00 AM AEDT| By Team Kalkine MediaWorking in coalmines is both dangerous and toughest job. Miners work in a very confined area, where they use pit ponies to carry the coal. Women and children can be seen in varied kind of mining jobs. Most of the mining job that is carried out by chi...
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