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News
Telstra Moves To Quell Shareholder Revolt
October 11, 2018 06:41 AM AEDT| By Team Kalkine MediaTo suppress an approaching revolt over executive pay as concern grows among shareholders and proxy advisers over bonuses, during a challenging time for the telecommunications giant, John Mullen, Telstra (ASX: TLS) chairman has moved. Mr. Mullen wrote...
Wesfarmers Limited’s Shares Tumble After Appointing New Managing Director Of Officeworks
October 11, 2018 06:25 AM AEDT| By Team Kalkine MediaOn 11 October 2018, Wesfarmers Limited (ASX: WES) announced that the board has appointed Ms. Sarah Hunter as Managing Director of Officeworks in place of Mr. Mark Ward who is retiring as Managing Director and become as a Senior Advisor in the company...
Great Boulder Resources Limited (ASX: GBR) intends to join hands with Ausgold for its Yamarna Nickel Project
October 11, 2018 05:37 AM AEDT| By Team Kalkine MediaASX listed mineral exploration company Great Boulder Resources Limited has announced a possible joint venture with fellow resource group Ausgold Limited (ASX: AUC) for its 100% owned Yamarna nickel project in Western Australia. In an announcement da...
Chorus Limited broadband connection update for Q1 FY19
October 11, 2018 05:31 AM AEDT| By Team Kalkine MediaChorus Limited (ASX: CNU) deals in the business of telecommunication and is operating nationwide to provide fixed line access network infrastructure the New Zealand location. Infrastructure includes local telephone exchange, copper and fibre objects,...
OZ Minerals’ Shares Tumble After Completing 51% Earn In For West Musgrave
October 11, 2018 04:46 AM AEDT| By Team Kalkine MediaOn 11 October 2018, OZ Minerals Limited (ASX: OZL) announced that after the investment of $22 million it has completed 51 per cent earn in for West Musgrave project. Following the release of this news the share price of the company decreased by 3.82...
ASX Plunges 2pc On Tech Wipeout
October 11, 2018 04:03 AM AEDT| By Team Kalkine MediaAfter Wall Street's digital giants were limping overnight, Australian tech stocks have led the S&P 200 index to the lowest levels because of heavy losses, sending the market more than 2 percent lower. On Thursday i.e., October 11, 2018 the benchm...
Fortescue Metals Group Limited (ASX: FMG) declares $500 million shares Buy-Back
October 11, 2018 03:56 AM AEDT| By Team Kalkine MediaFortescue Metals Group Limited?(ASX: FMG) today announced the share buy-back of up to $500 million. This on-market share buy-back will start after the release of Company?s Quarterly report due on 25 October 2018 and is expected to remain in place fo...
Medical Cannabis Industry is expanding however there is little evidence about Cannabis effectiveness
October 11, 2018 03:47 AM AEDT| By Team Kalkine MediaThe global cannabis industry has been evolving rapidly, and due to its explosive and drastic growth it is very difficult to accurately forecast about this industry. As per the insights of the global market it is expected that cannabis use will spread...
Centuria Metropolitan Made An Accelerated Non-Renounceable Entitlement Offer To Raise $ 197M
October 10, 2018 10:30 AM AEDT| By Team Kalkine MediaCenturia Metropolitan REIT (ASX: CMA) is an owner of portfolio of 19 metropolitan assets of high quality and Centuria Property Fund Limited (CPFL) manages CMA. Lately, CPFL being a responsible entity of CMA announced about acquisition of interests in...
Slater and Gordon files first super class action against Commonwealth Bank of Australia and its subsidiary
October 10, 2018 09:50 AM AEDT| By Team Kalkine MediaLaw Firm Slater and Gordon said it has today filed the first of its superannuation class action against Commonwealth Bank of Australia under Get Your Super Back campaign. Slater and Gordon Get Your Super Back campaign was launched on 11 September 20...
How the needle moved on MVF, VHT
October 10, 2018 09:45 AM AEDT| By Team Kalkine MediaThese two stocks are trading in contrast, with one trading close to its 52-week low, while the other trading close to its 52-week high. Both the stocks, however, are from the health care sector. For the Australian healthcare industry disruption is on...
Transparency Needed In Cobalt Supply Chain As Human Rights Violations Continue In DRC
October 10, 2018 09:22 AM AEDT| By Team Kalkine MediaCobalt is one of the most important ingredients in three of the five primary lithium-ion battery formulas as its unique properties allow manufacturers to safely increase the energy density of a battery from around 100-watt hours per kilogram to 250Wh...
Big Four Banks To Repay $2 Billion In FY19: Morgan Stanley
October 10, 2018 09:18 AM AEDT| By Team Kalkine MediaANZ, CBA, WBC and NAB may have to cough up $2 Billion in current fiscal year 2019 as Morgan Stanley quadrupled its customers refunds and remediation estimates ahead of banks full-year results release due in November. Earlier Morgan Stanley estimated...
3 Stocks At Low Levels – BBX, CP1 and IEC
October 10, 2018 09:07 AM AEDT| By Team Kalkine MediaThree stocks dropping drastically with a double-digit fall are discussed in this report, these stocks appear in red for the day let?s see why? BBX MINERALS LIMITED (ASX: BBX) ? The group?s operating result was a loss of $2,208,832 for the year ended...
Woodside Petroleum Limited (ASX: WPL) Selects U.S. Bechtel For Pluto LNG Expansion
October 10, 2018 09:02 AM AEDT| By Team Kalkine MediaWoodside shares have shown slight upside movement on the revelation that California based Bechtel engineering group has been selected by Woodside Petroleum to build a second LNG train at Pluto as a part of Scarborough gas resources development. ASX...
Market Updates: Global Equity Markets Continue To Be Impacted By Macroeconomic Factors
October 10, 2018 08:45 AM AEDT| By Team Kalkine MediaGlobal Tensions Persists, Trade Wars Still A Concern The fears of the trade wars between the US and China are still looming over the global financial markets. The global economists view this as a big hurdle in the growth prospects of the economies p...
8 Market Movers – NVT, CSL, TLS, RIO, BHP, MYX, CBA and ORE
October 10, 2018 08:44 AM AEDT| By Team Kalkine MediaThe heavyweights are among the biggest companies listed on the stock exchange and have the capability of moving the market in the directions they are trending towards. After falling for two days the markets are flat which are weighed by the few marke...
Winchester Energy Initiated Its Production Testing Activities At Thomas 119-1H
October 10, 2018 08:33 AM AEDT| By Team Kalkine MediaOn 9 October 2018, Winchester Energy Ltd (ASX: WEL) announced that US Energy Corporation of America Inc (USEC) has re-entered the Thomas 119-1H well and started its completion operations. Before moving up hole and undertaking a hydraulic fracturing p...
Navitas Limited (ASX: NVT) Soars 22% On The News Of Takeover Offer
October 10, 2018 08:25 AM AEDT| By Team Kalkine MediaNavitas Limited (ASX: NVT) has been the showstopper today on Australian Securities Exchange. The stock of education services provider Navitas Limited has jumped as high as 22% on the news of $1.4 billion takeover offer. Today, 10 October 2018, Navit...
Cooper Energy Traded Flat Despite Inking A Second Gas Supply Agreement With O-I Australia
October 10, 2018 06:31 AM AEDT| By Team Kalkine MediaCooper Energy (ASX: COE) has entered into a gas supply agreement with O-I Australia (Largest manufacturer of gas packaging products in Australia). As per the agreement between the two companies, Cooper energy is supposed to provide O-I Australia with...
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