News

MYOB Provides An Update On KKR’s Proposal: A Quick Look
November 02, 2018 03:04 AM AEDT| By Team Kalkine MediaOn November 2, 2018, MYOB Group Limited (ASX: MYO) made an announcement related to the proposal from the KKR. It stated that further to the announcement made earlier, it had decided to grant the access to the information to the private equity giant,...

Greencross Ltd.’s Securities Placed In Trading Halt After Releasing Update At AGM
November 02, 2018 02:57 AM AEDT| By Team Kalkine MediaGreencross Ltd (ASX: GXL) held it annual general meeting on 2 November 2018 and following that the securities of company were placed in trading halt at the request of GXL, pending the release of an announcement by it. At the Annual General Meeting, t...

CSR Limited’ Shares Plunged On ASX After Reporting Poor Results In The First Half Of FY 2019
November 02, 2018 02:55 AM AEDT| By Team Kalkine MediaCSR Limited (ASX: CSR) released its first half-year financial report on 2 November 2018 in which the company reported that the Net profit after tax from ordinary activities after significant items decreased by 77 percent to $26.8 million as compared...

One Pot Stock That Soared Up After Securing Potential Manufacture Licence – Althea!
November 02, 2018 02:37 AM AEDT| By Team Kalkine MediaAlthea Group Holdings Limited?s (ASX:AGH) wholly owned subsidiary Althea Company Pty Ltd has secured the manufacture licence from the Australian Government?s Office of Drug Control on November 02, i.e., today. Including this licence, Althea now holds...

The Star Entertainment Group Announces Trading Update For FY19
November 01, 2018 05:00 PM AEDT| By Team Kalkine MediaIn the Annual General Meeting held today, the Star Entertainment Group Limited (ASX: SGR) has provided the trading update for Fiscal 2019. For the period starting from 1 July 2018 to 21 October 2018, Group?s domestic revenue has gone up by 6.7% on th...

Macquarie Group Plans To Set Operations In Dublin: What You Need To Know
November 01, 2018 04:56 PM AEDT| By Team Kalkine MediaMacquarie Group Limited (ASX: MQG) has been planning to bring an EU center in Dublin and is waiting for the approval from European as well as Irish banking regulators. Macquarie Group has chosen Dublin over other cities which were Paris, Frankfurt Am...

Renascor Roars Up On Its Siviour Graphite Project
November 01, 2018 04:49 PM AEDT| By Team Kalkine MediaRenascor Resources Ltd (ASX: RNU) was helped by a graphite pilot plant in China in order to identify the feasibility of its Siviour graphite project in South Australia. This was possible awing to the result of production of a maiden quantity of high-...

Amidst Global Macro Headwinds, Australia’s Trade Surplus Witnessed A Rise
November 01, 2018 04:43 PM AEDT| By Team Kalkine MediaEven though a lot is happening in the Australian economy, finally the Australians have something to cheer about. The country?s monthly trade surplus has witnessed a rise to $3 billion on the back of exports of the resources as well as a decline in th...

BHP Billiton’s Shares Uplifted On ASX After Completing The Sale Of Its Onshore US Assets
November 01, 2018 04:38 PM AEDT| By Team Kalkine MediaOn 1 November 2018, BHP Billiton (ASX: BHP) made an announcement regarding the completion of the sale of its interests in the Eagle Ford, Haynesville and Permian Onshore US oil and gas assets to BP America Production Company for a gross consideration...

3 Stocks Moving Up - RAC, MGV and KNM
November 01, 2018 04:27 PM AEDT| By Team Kalkine MediaRace Oncology Ltd (ASX: RAC) Race Oncology Ltd (ASX: RAC) recently announced that it has executed a services agreement with Biosynergy Partners LLC to pursue licensing and other deals for Bisantrene.? Biosynergy is a transaction consulting business...

Norwest Minerals Intends To Close IPO Early As $6.6 Million Float Is Oversubscribed
November 01, 2018 10:39 AM AEDT| By Team Kalkine MediaDebut of Australian Mines? subsidiary Norwest Minerals is witnessing a strong support of institutional investors as initial public offer of $6.6 million has been oversubscribed. While providing the IPO update, company informed that total applications...

Strandline Resources Uplifts Financial Estimates On Stronger Price Outlook At Fungoni
November 01, 2018 09:04 AM AEDT| By Team Kalkine MediaStrandline Resources Limited (ASX: STA) uplifted their revenue and earnings projection on the stronger price outlook for high-value product from Fungoni mineral sands project in Tanzania. In today?s announcement to Australian Securities Exchange, St...

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...

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