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News
Twitter partners with video content producers giving away a slice of its advertising revenue
September 12, 2018 09:40 AM AEST| By Team Kalkine MediaTwitter said on Wednesday that it has struck new content deals with media and entertainment companies to bring exclusive live streaming and video highlights onto the social media platform in return for a share of Twitter?s advertising revenue. It wi...
Slater & Gordon to sue CBA and AMP
September 12, 2018 09:30 AM AEST| By Team Kalkine MediaSlater & Gordon (ASX:SGH) yesterday announced a new campaign ?Get Your Super Back? to bring back bank-owned super funds to customers? accounts, through a series of class action. The law firm alleges that more than one billion dollars of Australia...
7 Small-caps gaining traction – AHK, PUR, ERL, CZL, TMT, AB1, FSG
September 12, 2018 09:20 AM AEST| By Team Kalkine MediaSmall-caps are the stocks which can provide both income and growth if deeply researched and their market capitalisation ranges from few hundred million dollars to $2 billion. Here we discuss few of the small caps that have gained attention lately whi...
Blatant profiteering': Qantas accuses airports of fee gouging
September 12, 2018 09:14 AM AEST| By Team Kalkine MediaTo manage price disputes with airports, Qantas Airways (ASX:QAN) is seeking an independent regulator and is against the view that airline has no way to push back on price gouging other than withdrawing services, which isn't a commercial option. After...
Apple shares sky-rocketed ahead of new iPhones launch tonight
September 12, 2018 09:10 AM AEST| By Team Kalkine MediaOn NASDAQ Apple shares rallied 2.53% to 223.85 USD on Tuesday as Apple Inc. is expected to unveil three new iPhone models today in Cupertino, California. This takes Apple shares to rose the most in five weeks on heavier-than-average volume. Accordin...
4 Stocks That Have Been Under The Lens By Short Sellers – MND, BAL, SYR, ECX
September 12, 2018 08:48 AM AEST| By Team Kalkine MediaSelling the shares, you don?t own, and rather have borrowed from existing shareholders with an intent to make money, is termed as short selling. Short selling is sometimes essential for the proper functioning of the stock market as with the ability t...
Uncertainties still attached to the Transurban’s WestConnex project: Analyst
September 12, 2018 08:46 AM AEST| By Team Kalkine MediaAhead of winning stakes in Sydney?s WestConnex toll road, return uncertainties continue to hover around the Transurban's (ASX:TCL) traffic forecasts for WestConnex. This year in August, Transurban and its partners acquired 51% stakes in the Sydney M...
Political turmoil and mortgage hikes smashed consumer confidence: Westpac
September 12, 2018 08:16 AM AEST| By Team Kalkine MediaPolitical instability and increased mortgage rates have shaken the consumer confidence, reads Westpac?s consumer sentiment report published today, i.e. 12 September 2018. The Westpac-Melbourne Institute consumer sentiment index declined 3% to 100.5...
Powerwrap Limited plans to be listed on ASX with the target of doubling in funds
September 12, 2018 06:45 AM AEST| By Team Kalkine MediaPowerwrap remains in the news as the platform provider targets to double its funds in the next three years as it positions to derive benefits from the financial services royal commission and growth in the number of wealthy investors. It has been hea...
Bega Cheese’s share price plunged despite adding 27.8 million new shares to the registry
September 12, 2018 05:52 AM AEST| By Team Kalkine MediaBega Cheese share price has drastically fallen on ASX today. Following the trading halt placed on 10 September 2018 as Bega Cheese?s stock resumed trading this morning, BGA share price tumbled notably lower. Currently, i.e. 12 September 2018 (2:31 PM...
6 Popular Stocks That Weighed On ASX – BHP, WBC, TLS, WOW, BGA and PPT
September 12, 2018 05:41 AM AEST| By Team Kalkine MediaWith S&P/ASX 200 index major heavyweights along with others like Bega Cheese are down and are weighing the share markets. Let?s look at the few of them which are against the rally as on September 12, 2018. BHP BILLITON LIMITED (ASX: BHP) -The co...
Myer Holdings’ stock nosedived on $486 million loss
September 12, 2018 04:32 AM AEST| By Team Kalkine MediaMyer Holdings? share price plunged 5.287% to $0.412 today, i.e. 12 September 2018 (1:21 PM AEST), after the company announced disappointing results for the 52 weeks to 28 July 2018. In FY18 Net Profit after tax of the company has been dragged down t...
Competition watchdog ACCC shows a green card to APA takeover bid by CKI
September 12, 2018 04:12 AM AEST| By Team Kalkine MediaThe competition watchdog ACCC has today approved Hong Kong-based CKI Consortium?s $13 billion acquisition offer for gas pipeline company APA. In the announcement to ASX today, APA Group (ASX:APA) said that Australian Competition and Consumer Commiss...
Why are these 7 stocks under scrutiny by investors – AUZ, PLS, KTD, AJM, CVN, ASN and GMC?
September 11, 2018 10:00 AM AEST| By Team Kalkine MediaThe increasing concerns of climate risks, costs related to energy prices, fluctuating demand for metals and general volatile environment have led investors ponder over some stocks lately: AUSTRALIAN MINES LIMITED (ASX: AUZ) ? The company secures $12...
Tilt Renewables inks supply deal with Victorian Government
September 11, 2018 09:30 AM AEST| By Team Kalkine MediaAustralasian renewable energy operator, Tilt Renewables Limited inked the 15 year supply deal with Victorian Government in relation to the company?s bid for the Dundonnell Wind Farm. Today, i.e. 11 September 2018, the company released the market anno...
Ramelius Resources bids to buy Tampia Hill’s gold miner Explaurum Limited
September 11, 2018 09:25 AM AEST| By Team Kalkine MediaRamelius Resources Limited (ASX:RMS) has announced an off-market takeover bid offer to buy Brisbane-based gold exploration and development company, Explaurum Limited for $59 million. The acquisition offer comes after the strategic attempt to gain con...
Woolworths hit with $100 million payout to aggrieved shareholders
September 11, 2018 09:15 AM AEST| By Team Kalkine MediaWoolworths Group Limited (ASX:WOW) is slammed with $100 million class action on the allegation that supermarket giant has failed to disclose a shock profit downgrade to its profit outlook in 2015 that has seen plunge in the value of the shareholder?s...
Telstra’s Gold Coast has become the world’s first 5G-capable site
September 11, 2018 09:11 AM AEST| By Team Kalkine MediaTelstra Corporation has ramped up its 5G network infrastructure plans which are set to roll out the fastest technology more than a year before the devices are ready to support the next generation network. Telstra?s Chief Executive Anny Penny claims t...
BrainChip becomes the first to launch SNN accelerator to the market
September 11, 2018 09:01 AM AEST| By Team Kalkine MediaThe leading neuromorphic computing company, BrainChip Holdings Ltd. (ASX: BRN) has launched the world?s first neuromorphic device for Artificial Intelligence industry- Akida Neuromorphic System-on-Chip (NSoC). With this establishment BrainChip positi...
A look through FY18 results - Telstra Corporation Limited!
September 11, 2018 08:47 AM AEST| By Team Kalkine MediaBottomline impacted due to NBN rollout and intense competition: Telstra Corporation Limited (ASX: TLS) is a well-diversified telecommunication company with the principle activity of providing mobile phones, mobile devices, home phones and broadband i...
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