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AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage with EU
World News

AstraZeneca (LON: AZN) tries to clear the air over vaccine shortage with EU

  British-Swedish multinational pharmaceutical major AstraZeneca PLC (LON: AZN) seems to be mired in difficulties from all sides. On one side, the EU has been threatening the company to stop the export of its coronavirus vaccine to other coun...

  • January 27, 2021 11:07 PM AEDT
  • Team Kalkine
Can Ant Group revive its history-making IPO?
World News

Can Ant Group revive its history-making IPO?

Last year, retail investors got a jolt when Chinese regulatory authorities abruptly suspended the much-awaited Ant Group's IPO, which was expected to be the biggest in history. However, the latest statement by the governor of Chinese central bank ...

  • January 27, 2021 07:23 PM AEDT
  • Team Kalkine
Getting to know the team behind Senior Trust
Sponsored

Getting to know the team behind Senior Trust

The retirement village sector has performed strongly and stayed relatively resilient from COVID-19 in 2020. The sector has been surging, driven by retiring baby-boomer population, increasing demand, and soaring house prices. As the retirement sect...

  • January 27, 2021 09:07 PM NZDT
  • Team Kalkine
Jason Bull to be the new COO of Vital Limited, will retain charge as CFO
Stock Market

Jason Bull to be the new COO of Vital Limited, will retain charge as CFO

Summary Jason Bull to be the new Chief Operating Officer from February 1. He will be in charge of taking the Company to the next level of development, wherein it needs to operate in a more cost-effective manner. He retains his CFO functions as...

  • January 27, 2021 08:35 PM NZDT
  • Team Kalkine
Why are Dalian iron futures following a downward trend?
World News

Why are Dalian iron futures following a downward trend?

As President Xi Jinping declared in September that China intends to go carbon-neutral by 2060, the country's steel industry will play a vital role. The sector may shift towards hydrogen-based technology and upgrade its facilities to support the p...

  • January 27, 2021 06:30 PM AEDT
  • Team Kalkine
Benefits for farmers, customers to pay more, as Synlait (NZX:SML) hikes forecast for base milk price
Stock Market

Benefits for farmers, customers to pay more, as Synlait (NZX:SML) hikes forecast for base milk price

Summary Due to strong dairy commodity prices, Synlait Milk Limited has revised its forecast for base milk price to NZ$7.20 kgMS from NZ$6.40 kgMS. Prices in fortnightly dairy auctions have also risen since the last few times. Farmers to benefi...

  • January 27, 2021 08:03 PM NZDT
  • Team Kalkine
NZX 50 Ended in Green: A Quick Look
Market Updates

NZX 50 Ended in Green: A Quick Look

On January 27, 2021, NZX 50 ended the session in green as there was a rise of 0.38% to 13,374 and NZX 20 increased by 0.24% to 8,780. Also, NZX 10 rose by 0.13% to 13,643. Consumer Non-cyclicals sector rose by 2.34% and real estate sector increased b...

  • January 27, 2021 07:23 PM NZDT
  • Team Kalkine
Livestock Improvement (NZX:LIC) gets more livelier with strong 1H21 results
Stock Market

Livestock Improvement (NZX:LIC) gets more livelier with strong 1H21 results

On 27 January 2021, Livestock Improvement Corporation (NZX:LIC) posted its half-year financial results for 6 months ended 30 November 2020. The result showed strong performance of the cooperative with enhanced revenue and underlying earnings. Some o...

  • January 27, 2021 07:13 PM NZDT
  • Team Kalkine
GameStop shares continue haunting short sellers
World News

GameStop shares continue haunting short sellers

GameStop shares rose significantly in the after-hours trading in the US on Tuesday. A market frenzy has broken in the US markets yet again, similar to what we saw with Hertz last year. Millennials and social media groups, especially from Reddit, ha...

Senior Trust Retirement Village Fund soon to be off NZSX main board
Stock Market

Senior Trust Retirement Village Fund soon to be off NZSX main board

Summary It was been announced that Senior Trust Retirement Village Fund shall soon be delisted from the NZSX main board. The units shall cease to be quoted from the 3 February 2021, with the last trading day to be 1st February 2021. Recently, ...

Tech Titans Shine Despite Pandemic, Post Excellent Quarterly Results
World News

Tech Titans Shine Despite Pandemic, Post Excellent Quarterly Results

Mega tech players including Google's parent company Alphabet, Facebook and Microsoft have been ruling the technology and digital space for years. The pandemic has further deepened reliance on their products/services, with people all around the worl...

  • January 27, 2021 04:30 PM AEDT
  • Team Kalkine
New Talisman Gold Mines (NZX:NTL) signs binding option to buy Broken Hills Gold mine, shares up 20%
Metal & Mining Stocks

New Talisman Gold Mines (NZX:NTL) signs binding option to buy Broken Hills Gold mine, shares up 20%

Summary New Talisman Gold Mines Limited signed a binding option to acquire Broken Hills Historic Gold Mine Limited, privately-owned underground gold mine in NZ. MTL shares witnessed an uptick of 20% on 27 January 2021 post the announcement. Th...

New Zealand's borders expected to remain shut for the rest of 2021
World News

New Zealand's borders expected to remain shut for the rest of 2021

The uncertainty surrounding the rollout of the Coronavirus vaccine has prompted the Prime Minister Jacinda Ardern to warn that the New Zealand border will likely remain as is for the rest of 2021. Currently, the border is closed to all non-NZ citi...

SpaceX Launches Rideshare Mission with Record Number of Satellites
World News

SpaceX Launches Rideshare Mission with Record Number of Satellites

California-based SpaceX has set a world record for the largest number of satellites launched into space in a single mission. Calling it a “SmallSat Rideshare” mission, SpaceX launched its Falcon 9 rocket on Sunday, after the initial mis...

Why Australia’s consumer prices climbed in December quarter
Economy

Why Australia’s consumer prices climbed in December quarter

The consumer prices soared 0.9 per cent in the December quarter even as the Australian economy suffered the economic fallout from the COVID-19 pandemic in 2020. In the September quarter, inflation stood at 0.7 per cent.  Image Source: Shutt...

NZX 50 listed 4 dividend stocks to be considered in 2021
Dividend Stocks

NZX 50 listed 4 dividend stocks to be considered in 2021

Summary Seeka has issued a special 12 cps dividend on the back of an excellent recent financial performance. F&C Investment Trust has dipped into its savings to issue 6 cps dividend for its underperforming portfolio. Turners Automotive Gro...

Blis Technologies (NZX:BLT) collaborates with RooLife to unveil new product range
Healthcare Stocks

Blis Technologies (NZX:BLT) collaborates with RooLife to unveil new product range

Summary Blis Technologies collaborates with RooLife to launch their new probiotic range in the online Chinese market. This is the fourth online store of its kind in the past four months managed by RooLife, for the Alibaba Tmall marketplace. As...

Biden beefs up travel restrictions in wake of new virus strains
World News

Biden beefs up travel restrictions in wake of new virus strains

United States President Joe Biden is planning to impose a travel ban on most of the non-US citizens entering the country from select places where new virus strains have cropped up. The travel ban is expected to mitigate the spread of the new varian...

  • January 27, 2021 12:56 PM AEDT
  • Team Kalkine
Here's what Meridian Energy's (NZX:MEL) operations update for December reveals
Stock Market

Here's what Meridian Energy's (NZX:MEL) operations update for December reveals

Meridian Energy Limited (NZX:MEL, ASX:MEZ) has stayed relatively resilient from the COVID-19 impact as the product created and sold by MEL is needed by everyone. The Group witnessed a significant drop in demand for electricity during the Level 4 loc...

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