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News
MGC’s Cannabis Ingredient Product Taking Grounds Over Its Pharma Products
October 24, 2018 05:24 AM AEDT| By Team Kalkine MediaA price tag of $140 million is assigned to medical cannabis biopharma company (ASX: MCX) by the Edison Investment Research company. The per share value of the company is 66% above the existing stock price which is approximately 11cents per share. As...
NAB's Mike Baird Says, Super Fund Assets At 'Tipping Point'
October 24, 2018 05:12 AM AEDT| By Team Kalkine MediaTo finance business lending, a push for superannuation funds is at a tilting point especially after the value of bank loans were overtaken by the size of the compulsory retirement savings system, said by the National Australia Bank?s executive Mike B...
Tesla Shares Witnessed Strong Momentum: Market Players Forgot Criticism?
October 24, 2018 05:09 AM AEDT| By Team Kalkine MediaNot so long ago, Tesla Inc. (NASDAQ: TSLA) has been dealing with loads of criticism as billionaire Elon Musk has been dealing with the rough patch. Securities and Exchange Commission or SEC stated that Mr. Musk has been misleading the investors by sa...
BARD1’s Shares Mounted On ASX After Developing World-First Blood Test For Breast Cancer Detection
October 24, 2018 04:32 AM AEDT| By Team Kalkine MediaBreast cancer is one of the most common cancer in women and it is the second leading cause of cancer overall after lung cancer. In 2018, around 2.1 million new cases were diagnosed with breast cancer and 626,679 deaths occurred due to breast cancer....
Export Of Australian Wines Witnessed Strong Growth Offsetting US Impact
October 24, 2018 04:12 AM AEDT| By Team Kalkine MediaOn October 24, 2018, Wine Australian released data of the exports of Australian wine and broadly the momentum was positive. The robust growth momentum was visible in the exports in regard to volume as well as value. For the 12 months ended September...
Service Stream’s Stock Arrows Down On The Day Of Its 2018 AGM
October 24, 2018 04:07 AM AEDT| By Team Kalkine MediaSince the start of the day, Service Stream?s (ASX: SSM) shares are hitting the ground. So far, it has fallen 1.786% to trade at $1.650 on the day of its 2018 Annual General Meeting, 24 October 2018. The provider of essential infrastructure network,...
Catapult Group’s Shares Mounted On ASX After Reporting Strong Q1 Results
October 24, 2018 03:17 AM AEDT| By Team Kalkine MediaOn 24 October 2018, Catapult Group International Limited (ASX: CAT) provided an update on its first quarter performance and also released guidance for FY 2019. The company reported strong Q1 results and announced new customers in elite sport and posi...
Bellamy’s Australia Ltd.’s Shares Tumble As The Company Expects The Sales of 1H19 To Go Down By $10- $15m
October 24, 2018 02:12 AM AEDT| By Team Kalkine MediaOn 24 October 2018, Bellamy?s Australia Limited (ASX: BAL) held its Annual General meeting, in which the company informed its shareholders and investors that the company is expecting the sales of first half of FY 2019 to go down by approximately $10-...
ASX Graphite Producers (SYR, BAT and KNL)
October 23, 2018 03:40 PM AEDT| By Team Kalkine MediaWhen Chinese exporters of the battery metal get exposed with a 25 percent US tariff ASX graphite stocks could get a much-needed boost next year. For an initial 10 percent tax until the end of this year, graphite was among Chinese products targeted by...
Asaleo Care Limited Appoints Sid Takla As CEO
October 23, 2018 03:32 PM AEDT| By Team Kalkine MediaAsaleo Care Limited? (ASX: AHY) appointed new CEO Sid Takla to take the helm of the company. In today?s market announcement to ASX, Asaleo Care stated that the Board has appointed Sid Takla as Chief Executive Officer and Managing Director of the com...
One Resource Stock under Discussion - Inca Minerals Plunges On Moving To Battery Metals’ Space
October 23, 2018 01:13 PM AEDT| By Team Kalkine MediaInca Minerals Limited (ASX: ICG), a junior resource company, saw a significant fall in stock prices on 23 October 2018, as the company released its strategic and exploration update in which the company informed that recently the board of the company...
5 Market Movers – RHT, ESE, PUN, UBN and LML
October 23, 2018 01:09 PM AEDT| By Team Kalkine MediaSome stocks have the ability to move the market either upwards or downwards, with the stock market inching towards a six-month low closing 62 points lower at 5,843 some of the stocks which showed significant movements are discussed herein. RESONANCE...
ANZ Refused the Australia Post Deal as It Finds the Deal Unfair
October 23, 2018 01:05 PM AEDT| By Team Kalkine MediaANZ Banking Corp finds the fee to access all the branches of Australia Post to be unfair, hence refused to pay the fee of $22 million a year. As per Shayne Elliott who is the chief executive officer of ANZ, Australia Post is asking to pay three to f...
Nufarm Limited Completes The Final Lap Of $303 Million Capital Raising
October 23, 2018 12:42 PM AEDT| By Team Kalkine MediaNufarm Limited (ASX: NUF) today completed the retail shortfall bookbuild for 6.2 million retail entitlements not taken up in the retail offer. With the completion of Retail Shortfall Bookbuild at an offer price of $5.85, the company has touched the...
Unlawful Strike Action Halts Major Projects Of Iluka Resources
October 23, 2018 12:35 PM AEDT| By Team Kalkine MediaSierra Rutile which focuses on the production of rutile, ilmenite and zircon from mineral sands is responsible for one of the world?s largest rutile deposits, and it operates through three dredge and dry mines in the Moyamba and Bonthe districts of t...
Link Administration Announces To Sell Down Nearly Half Of Its Holding As PEXA Decides To Go Public
October 23, 2018 09:19 AM AEDT| By Team Kalkine MediaLink (ASX: LNK) intends to sell off nearly half of its current holdings in PEXA if its initial public offering goes ahead. In a market release dated 23 October 2018, Link Administration Holdings Limited (ASX: LNK) clearly stated that it will sell d...
The 40 Years’ Old Ichthys LNG Project Shipped Its First Cargo
October 23, 2018 09:11 AM AEDT| By Team Kalkine MediaIchthys is the second-last of Australia's $200 billion-plus wave of new LNG projects to come online, with only Shell's floating Prelude venture still to go. It is one of the world?s most complex liquified natural gas projects. Exports from the new pl...
Ardent Leisure Appointed Mr. John Osborne as the New CEO of the Company.
October 23, 2018 09:09 AM AEDT| By Team Kalkine MediaArdent Leisure Group?s (ASX: AAD) is involved in the operations of leisure and entertainment businesses in Australia and the United States. On 23 October 2018, Ardent Leisure Group announced that Mr. John Osborne has been appointed as Chief Executive...
2 Stocks Starting From ‘C’ – Cape Range Limited CAG, Capital Mining Limited CMY
October 23, 2018 08:31 AM AEDT| By Team Kalkine MediaTwo diversified sector stocks one from information technology and another from metals and mining sector are discussed within. Let see what these two stocks starting with ?C? have in store for us during the falling market. Cape Range Limited (ASX: CA...
Market Update: US Markets Ended Lower As Financial Stocks Fell
October 23, 2018 08:18 AM AEDT| By Team Kalkine MediaIt seems like markets have decided to dent the investors? sentiments. Dow Jones Industrial Average ended on a weaker note as the index closed at 25,317.41 which reflects that it had shrugged off 126.93 points or 0.50% in a single day. The primary rea...
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