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News
4 Stocks On The Uptrend - ESH, AUR, KSN And TKM
November 08, 2018 01:40 PM AEDT| By Team Kalkine MediaWith ASX closing in green at 5928.2, some of the stocks followed the lead and trended upward. Australian shares have climbed up on the back of US midterm results and ASX finally closes at a 3-week high. Some are calling it what was much awaited, a co...
Market Update: Dow Ends By Rising Triple Digits
November 08, 2018 08:59 AM AEDT| By Team Kalkine MediaThe results of the mid-term elections seem to have cheered the investors as the strong positive momentum was witnessed in the Dow Jones Industrial Average. The index ended the session at 26,180.30 which implies a rise of 545.29 points or 2.13%. The r...
Share Price Of SGM Gone Up By 6.769% After The FY18 Financial Highlights
November 08, 2018 08:30 AM AEDT| By Team Kalkine MediaSims Metal Management (ASX: SGM) is successful year-over-year in terms of the financial results improvements. There was an improvement of underlying EBIT as compared to the last fiscal year by 53%. The cause of this improvement was driven by strong i...
SKYCITY Entertainment To Sell Darwin Casino For $188 Million
November 08, 2018 08:15 AM AEDT| By Team Kalkine MediaNew Zealand company SKYCITY Entertainment Group Limited (ASX: SKC) decides to shave off its 14 years old casino complex located in the city of Darwin. In a release to Australian Securities Exchange, SKYCITY Entertainment announced the sale of its Da...
Syrah Resources Ltd.’s Shares Uplifted On ASX After The Completion Of Primary Classifier Repair And Production Resumed
November 08, 2018 08:08 AM AEDT| By Team Kalkine MediaOn 8 November 2018, the Australian-based industrial minerals and technology company, Syrah Resources Limited (ASX: SYR) announced that the replacement Primary Classifier Unit at the Balama Graphite Operation has been successfully installed and commis...
What Made Jatenergy Tumble On ASX?
November 08, 2018 07:55 AM AEDT| By Team Kalkine MediaJatenergy Ltd (ASX: JAT) signed a memorandum for?purchase with Shanghai Dragon Corporation (SDC), and the announcement for the same was made on November 8, 2018. Shanghai Bios Medical Nutrition Technology Limited (SMN)?that works?in the field of res...
3 Most Discussed Li Stocks - AJM, PLS and KDR
November 08, 2018 07:49 AM AEDT| By Team Kalkine MediaLithium has become a key source for the development of industrial products and demand of the metal has significantly increased especially in batteries and electrical vehicles. Lithium has a low supply risk and it is considered a critical metal becaus...
Pendal Group Ltd.’s Shares Uplifted Post Announcement Of FY2018 Final Results
November 08, 2018 07:42 AM AEDT| By Team Kalkine MediaOn 8 November 2018, Pendal Group Ltd (ASX: PDL) released it FY18 Annual Report highlighting the continued growth in earnings, achievement of $100 billion in funds under management and Sixth consecutive year of growth in full-year dividend. Following...
A Quick Look At Goodman Group’s Operational Update
November 08, 2018 07:20 AM AEDT| By Team Kalkine MediaOn November 8, 2018, Goodman Group (ASX: GMG) came forward and made an announcement regarding the operational update. As per the management of the company, the positive momentum was witnessed in the operational performance in the September quarter. T...
James Hardie Industries Plc Plunged After Releasing Second Quarter Results
November 08, 2018 06:43 AM AEDT| By Team Kalkine MediaJames Hardie Industries Plc (ASX:JHX) posted its second quarter results of fiscal year 2019 and the half year period ended on September 30, 2018 on November 8, 2018 i.e. today. JHX officially completed the acquisition of the German Company, Fermacell...
After Canada, There Are Now Ten States In The US Where Marijuana Has Been Legalized
November 08, 2018 06:37 AM AEDT| By Team Kalkine MediaTo legalize marijuana for recreational use, Michigan has become the 10th US state. While the legalization for medical use passed in both Utah and Missouri, but voters rejected a similar measure in North Dakota. Both Main Street and Wall Street this y...
McMillan Shakespeare To Acquire Eclipx Group At $2.851 Per ECX’s Share
November 08, 2018 06:28 AM AEDT| By Team Kalkine MediaTo establish a leading salary packaging and fleet management company, McMillan Shakespeare Limited (ASX: MMS) and Eclipx Group Limited (ASX: ECX) proposes to undergo a merger. McMillan Shakespeare Limited has offered $912million to takeover all share...
AMA Group Limited (ASX: AMA) Requested ASX For The Trading Halt
November 08, 2018 06:20 AM AEDT| By Team Kalkine MediaThe AMA Group Limited (ASX: AMA) had made an announcement related to the trading halt of its securities, pending it releasing an announcement. The securities will remain under trading halt as per the decision made by the ASX or the earlier of the com...
Cooper Energy’s Shares Inched Up Post Announcement Of Prospective Resource Assessment For Otway Basin
November 08, 2018 05:51 AM AEDT| By Team Kalkine MediaCooper Energy Limited (ASX: COE) held its Annual General Meeting on 8 November 2018 and further announced the Prospective Resource Assessment for Otway Basin Annie and Elanora Prospects. Following this news, the share price of the company edged up by...
The Question - Where The Money Is Coming From? Is Being Asked By ASX To Beer Brewer Broo
November 08, 2018 05:44 AM AEDT| By Team Kalkine MediaThe company may need to raise more money in response to a query over negative operating cash flows, Beer brewer Broo has told the ASX. Along with estimated spending of $1.5 m in the December quarter, showing negative operating cash flows of $1 m and...
Corporate Travel Soars As EY Notes Hedge Fund VGI Report Is Superficial
November 08, 2018 04:56 AM AEDT| By Team Kalkine MediaLifting the trading halt placed on Tuesday, Corporate Travel Management Limited (ASX: CTD) today rushed on ASX after the auditor Ernst & Young noted that ?VGI?s report is superficial.? At the time of writing, 8 November 2018 (12:48 PM AEST), CTM?...
REA Soars Up On Strong Quarterly Results Despite Tough Market Conditions
November 08, 2018 04:31 AM AEDT| By Team Kalkine MediaREA Group Limited?s (ASX: REA) shares uplifted by 6.8 percent after the release of results for September quarter as on 8 November 2018. The revenue of the company increased by 17 per cent to $ 221.9 million and EBITDA of the company increased by 23 p...
Share Price Of Xero Limited Increased After The Disclosure Of Appendix 4D
November 08, 2018 04:10 AM AEDT| By Team Kalkine MediaXero Limited (ASX: XRO) provides appendix 4D for the 6 months period ending 30 September 2018. The company discloses the details related to the revenues generated from ordinary activities worth NZ$256.527 million which is up by 37%. The net loss from...
For Purifloh Stake, Billionaire Pays 5 Times Premium
November 08, 2018 04:02 AM AEDT| By Team Kalkine MediaMicrocap air purifier Purifloh sold a portion of itself to a US billionaire at almost five times its share price which is stated as one of the most unexpected stock market investments of the year 2018. For 4 million Purifloh shares at $2.40 a pop, Am...
Afterpay’s Shares Mounted High On Key Business Developments’ Updates
November 08, 2018 03:18 AM AEDT| By Team Kalkine MediaAfterpay Touch Group Limited (ASX: APT) is a technology-driven payments company which has provided an update in relation to key business developments in both the US and Australia / New Zealand markets, following which the share price of the company u...
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