News

BWX Limited – Stock Slipped on ASX due to Downfall of EBITDA for Full Year
August 08, 2018 07:34 AM AEST| By Team Kalkine MediaBWX Limited (ASX: BWX) informed the market that the company has changed the date to release its full-year results. According to the release, the company will now deliver results on August 29 instead of August 15 because of several factors related to...

Santos Limited (ASX: STO) - Shares edged up as company confirmed significant natural gas resource in PNG
August 08, 2018 07:23 AM AEST| By Team Kalkine MediaASX listed natural gas company, Santos Limited (ASX: STO) confirmed the presence of significant natural gas resource at Barikewa-3 well which is located in the Papua New Guinea?s onshore Forelands region. STO?s Barikewa-3 well, situated 10 kilometres...

Altura Mining Limited (ASX: AJM)- First shipment from world class lithium mine
August 08, 2018 07:17 AM AEST| By Team Kalkine MediaAustralia based lithium producer, Altura Mining Limited (ASX:AJM) announced the haulage of its first production of lithium spodumene concentrate from its wholly owned Altura Lithium project located at Pilgangoora to Port Hedland. The first lithium pr...

Zip Co. Recovers post a fall with greater loss indicated for FY18
August 08, 2018 07:11 AM AEST| By Team Kalkine MediaCredit and digital payment services company, Zip Co Limited (ASX: Z1P) announced its financial results for the year ended June 30, 2018 on Tuesday. The company reported an increase in revenue by 138% to $40.4 million in comparison to $17 million in p...

Tabcorp Holdings Limited Reported 71% growth in topline after its combination with Tatts Group
August 08, 2018 07:02 AM AEST| By Team Kalkine MediaStrong FY 18 performance: Tabcorp Holdings Limited?s (ASX: TAH) stock surged 7.556% on August 08, 2018 (before market close) after the company for FY 18 reported 71% growth in the revenue to $3,828.7m. The company has posted 2018 NPAT of $28.7m, up f...

Commonwealth Bank of Australia Up on 2018 annual result
August 08, 2018 06:55 AM AEST| By Team Kalkine MediaStock price rise despite softness in FY18 Performance: Commonwealth Bank of Australia?s (ASX:CBA) stock rose 2.47% on August 08, 2018 (before market close) despite the company for full year 2018 reported for a 4% fall in the statutory net profit afte...

AMP Limited’s Net Profit fell 74% due to misconduct inquiry
August 08, 2018 06:47 AM AEST| By Team Kalkine MediaIn line Financial Performance for 1H 2018: AMP Limited?s (ASX: AMP) stock rose 4.48% on August 8, 2018 (before market close) after the company delivered 5.7% growth in underlying profit due to cost cutting for 1H 2018. However, AMP for the first half...

5 Small-cap Medical Stocks – MVP, OSP, OSL, ELX and AVH
August 08, 2018 04:53 AM AEST| By Team Kalkine MediaMedical Developments International Ltd.?s (ASX:MVP) stock traded around $4.10, as at August 08, 2018, mid-day trading, with a daily price change of 1.49%. The annual dividend yield for the stock is 0.99% which is fully franked. The most recent divide...

2 Small cap Financial Stocks - Kina Securities (ASX: KSL) & CML Group (ASX: CGR)
August 08, 2018 04:14 AM AEST| By Team Kalkine MediaWhile the financial sector was by and large hit by Royal Commission, nevertheless few small-cap stocks have been up and running with resilient performances and are key to watch going forward. 2 examples of such stocks are dealt with in this article....

Are these 3 Mid-cap stocks looking good – BSL, RWC, DOW?
August 08, 2018 03:33 AM AEST| By Team Kalkine MediaThere are a few options currently in the mid cap section of the market, and buying high quality businesses mostly delivers exciting returns. The mid cap stocks range from a market capitalization between $2 billion to $10 billion and are less risky co...

Telstra (ASX: TLS) marches towards a new organizational structure
August 07, 2018 02:41 PM AEST| By Team Kalkine MediaTelstra Corporation Limited (ASX: TLS) announced a new organizational structure and leadership team while it aims to delivering on its recently announced Telstra 2022 strategy. The changes in Telstra?s leadership structure is scheduled to take place...

2 Medical Stocks with Rising Popularity – ASX: VHT and ASX: OVN
August 07, 2018 09:02 AM AEST| By Team Kalkine MediaVolpara Health Technologies Limited (ASX: VHT) is under the healthcare sector and the company develops digital health solutions to enable personalized breast cancer screening software applications. The company?s stock traded at a current market price...

Amcor Limited (ASX: AMC) - Leading consumer packaging firms Amcor and Bemis decide to undergo merger
August 07, 2018 08:44 AM AEST| By Team Kalkine MediaAustralia?s packaging company, Amcor Limited (ASX: AMC), is acquiring NYSE listed Bemis for all-stock transaction. With the fixed stock exchange ratio of 5.1 Amcor share for each Bemis share, Amcor shareholders cling to 71% of ownership over 29% of B...

Wesfarmers Limited’s Stock Edged Up post announcement of selling Bengalla stake to JV partner New Hope
August 07, 2018 07:52 AM AEST| By Team Kalkine MediaWesfarmers Limited (ASX: WES) informed the market that it has agreed to sell its Bengalla Joint Venture stake of 40% to its JV partner New Hope for the total consideration of $860 million. On successful completion of the transaction, the group expect...

IOOF Holdings Limited (ASX: IFL) Updates on FY18 results
August 07, 2018 07:42 AM AEST| By Team Kalkine MediaIOOF Holdings Limited (ASX: IFL) has reported a record UNPAT of $191.4 million which is up by 13% for FY18. The company has reliable recurring cost management with capital expenditure reduced by $9.4 million and cost to income ratio improved by 5% to...

Transurban Group Edges up with Earnings update for FY18
August 07, 2018 07:27 AM AEST| By Team Kalkine MediaTransurban Group (ASX: TCL) revealed its FY18 earnings wherein proportional Toll revenue increased 8.7 per cent to $2,340 Mn in FY18 against FY17 while proportional EBITDA lifted by 10.2 per cent and amounted to $1,796 Mn during the same period. Back...

Navitas Limited (ASX: NVT)- Navitas stock price continues to rise despite negative FY18 Profit
August 07, 2018 07:21 AM AEST| By Team Kalkine MediaNavitas Limited, a leading global education provider, announced financial results for its fiscal year ending June 30, 2018. FY2018 profits cut to negative reporting after tax loss of $55.3 million compared to profits of $80.9 million in previous fisc...

Amaysim Australia Ltd gaining momentum on takeover speculation
August 07, 2018 07:11 AM AEST| By Team Kalkine MediaSpeculation about the takeover: Amaysim Australia Ltd.?s (ASX: AYS) stock surged 3.76% on August 07, 2018 as the company is being considered as a takeover target. As per few media reports, Optus owner Singtel is being considered to be in the early st...

Cleanaway Waste Management Ltd has informed about amended income tax assessments
August 07, 2018 07:04 AM AEST| By Team Kalkine MediaAmended income tax assessments: Cleanaway Waste Management Ltd (ASX: CWY), has informed the investors that the Australian Taxation Office has allowed an objection to the FY13 tax return, which will result in amended assessments to the FY13 to FY17 ta...

Fluence Corporation Ltd announced the first commercial Aspiral sale in the USA
August 07, 2018 06:59 AM AEST| By Team Kalkine MediaAchieved the first commercial Aspiral sale in the USA: Fluence Corporation Ltd (ASX: FLC), that offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and op...

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