News

Wesfarmers Sold Its 40% Interest In The Bengalla Joint Venture
December 04, 2018 03:37 PM AEDT| By Team Kalkine MediaOn 3 December 2018, Wesfarmers Limited (ASX: WES) informed that it has completed the sale of its 40% interest in the Bengalla Joint Venture to its joint venture partner New Hope Corporation for a total consideration of $860 Mn. The agreement to sell...

How Is Australia Emerging Through The Changing Landscape Of Trade Between The US And China?
December 04, 2018 03:29 PM AEDT| By Team Kalkine MediaRelations between the global super powers ? the U.S. and China have deteriorated over trade barriers and South China sea war. This turns out to be dangerous for Australian equation with both its ally economies, considering Aussie?s stand on many occa...

Do You Know Why Cobalt Blue Is Rising High On ASX?
December 04, 2018 03:21 PM AEDT| By Team Kalkine MediaCobalt Blue shares sky-rocketed on Tuesday after the Broken Hill Prospecting Limited (BPL) took a back foot in Thackaringa Joint Venture (TJV). In the market release dated 4 December 2018, Cobalt Blue notified the dilution of BPL?s interest in Joint...

LCK Update On Upgrade
December 04, 2018 03:15 PM AEDT| By Team Kalkine MediaThe company has provided status report on the Company?s Pre-Commercial Demonstration facility at Leigh Creek. For upgrading a portion of its 2,964 2C PRMS resource, the progress brings LCK closer to beginning the process, to proven and probable reser...

CLW Declared Quarterly Distribution Of 6.5 Cents Per Security
December 04, 2018 02:34 PM AEDT| By Team Kalkine MediaOn 3 December 2018, Charter Hall Long WALE REIT (ASX: CLW) announced a distribution of 6.5 cents per security (cps) for the December quarter with ex-date of 28 December 2018, the record date of 31 December 2018 and payment date of 14 February 2019. F...

The Share Price Of RFG Falls By 5% After The Resignation Of Group Chief Executive Officer
December 04, 2018 02:19 PM AEDT| By Team Kalkine MediaOn 03 December 2018, an announcement was made by the board of members that the group CEO of the company Mr. Richard Hinson is going to resign from the post. He was leading this position since January 2018. This announcement was made as per the recent...

Altria Group In Talks With Cronos Regarding A Potential Investment
December 04, 2018 01:37 PM AEDT| By Team Kalkine MediaAs per the recent market news, it has been speculated that Altria Group which is the owner of companies like Philip Morris USA, John Middleton Co and many other companies which are involved in the manufacturing of smokable products, smokeless product...

Is Australia Ready To Battle China In Electric Vehicle Space?
December 03, 2018 11:20 PM AEDT| By Team Kalkine MediaWith the discovery of rare earth metal in the land of richest mining territory, Australia seems to be the world?s second major player in the supply chain of electric vehicle following China. Electric Vehicle is not just the lithium story! Yes, there...

Things You Need To Know About Bentham Asset-Backed Securities Fund mFund (ASX: BAM06)
December 03, 2018 11:02 PM AEDT| By Team Kalkine MediaRecently a notice is being published on ASX regarding the introduction of Bentham Asset-Backed Securities Fund- Class 1 with the fund code BAM06. This fund is effective from 30 November 2018. This fund is responsible for generating income in such a w...

Are The WAAAX (WTC, APT, ALU, APX And XRO) Stocks On A Rebound Path?
December 03, 2018 11:00 PM AEDT| By Team Kalkine MediaPost a significant fall on ASX, below mentioned key IT stocks seem to be on a recovery track with better performances witnessed lately. This comes at the back of overall better tech sector scenario and company-wide positive developments. Wisetech Glo...

Is The So-Far Insulated Aussie Economy Now Under Any Threat Since GFC?
December 03, 2018 10:40 PM AEDT| By Team Kalkine MediaIt?s been a decade since the global financial meltdown, which started with the bursting of US property bubble with severe banking, financial and economic consequences worldwide. It seems history is bound to repeat for the some of the countries that m...

Fintech Chain Announces More Than 300% Increase In Interim Revenue
December 03, 2018 10:17 PM AEDT| By Team Kalkine MediaOn Monday, Fintech Chain Limited (ASX: FTC) posted more than three-fold increase in revenue for the six months ended 30 September 2018 which translates an increase in revenue from RMB7.0 million for period ended 30 September 2017 to RMB 28.3 million...

Latest With These 6 Stocks - AEB, LSH, AC8, MDC, BDA And MXC
December 03, 2018 10:08 PM AEDT| By Team Kalkine MediaLatest updates and financials: AFFINITY ENERGY AND HEALTH LIMITED (ASX: AEB) ? To pursue the application of Affinity?s algae biomass and oils, and cannabis oils for use in Skin Elements? range of natural skin care products, Affinity Energy and Health...

Sydney Property Tumbled Down By 9.5% Since Their Peak
December 03, 2018 09:44 PM AEDT| By Team Kalkine MediaIt was in July 2017 when the property prices in Sydney were at peak. This fall in the Sydney property prices was due to the global financial crisis. The value of the national dwellings went down by 0.7%. This fall in the price of the Sydney property...

Santos Limited Completes Drilling At Bayu-Undan Gas Field Ahead Of Schedule
December 03, 2018 09:19 PM AEDT| By Team Kalkine MediaSantos Limited (ASX: STO) today flagged the completion of Bayu Undan infill program three months ahead of schedule and at much lower than expected cost. The news sent the Santos shares to take a leap of 8.696% or $0.480 to last trade at $6.00 on 3 De...

Are We Approaching A Better And An Early Santa Rally In 2018?
December 03, 2018 09:09 PM AEDT| By Team Kalkine MediaA seasonal phenomenon, Santa Claus Rally or Santa Rally is generally used to define a situation wherein positive performance or results in the stock markets on account of Christmas and New year are witnessed, but the reasons for this phenomenon remai...

Market Update: Ease Of Trade Tensions Might Support Investors’ Sentiments
December 03, 2018 08:01 PM AEDT| By Team Kalkine MediaThe market participants were very keenly waiting for the G20 meeting as there were hopes that in the meeting the US and China might consider measures which would help erasing the tensions related to the trade battle which could support the concerns o...

Woolworths And Coles Taking Heat From Amazon Australia
December 03, 2018 07:55 PM AEDT| By Team Kalkine MediaThe biggest internet retailer, Amazon launched its retail website amazon.com.au in Australia in the month of December 2017. And ever since its launch in Australia, Amazon is trying very hard to gain more market share and it has been successful in doi...

What Led to Rise in G8 Education Limited and Think Childcare Limited?
December 03, 2018 07:51 PM AEDT| By Team Kalkine MediaTwo stocks which are engaged in the business of childcare services have managed to close the session on December 3, 2018 on the strong note. G8 Education Limited (ASX: GEM) and Think Childcare Limited (ASX: TNK) ended todayâs session by wit.....

Why Is FBR Moving Up Today?
December 03, 2018 07:46 PM AEDT| By Team Kalkine MediaFastbrick Robotics Limited (ASX: FBR) develops automated bricklaying technology. The company offers 3D automated robotic bricklaying machines, robotic brick, and block laying machine and systems. FBR serves customers in Australia. The company has via...

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