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Financial
What All Happened With Westpac At The Banking Royal Commission
November 23, 2018 04:26 AM AEDT| By Team Kalkine MediaBanking Royal Commission recently interrogated Australia's second-biggest bank Westpac Banking Corporation?s (ASX: WBC) CEO Mr. Brian Hartzer. Mr. Brian was asked many questions related the Westpac?s fees-for-no-service conduct in financial planning....
Tech Stocks Taking A Back Seat For Hedge Funds
November 22, 2018 08:50 AM AEDT| By Team Kalkine MediaFrom social media giant Facebook to memory chipmaker Micron Technology it's been a tough few months for tech stocks which have been at the front of the US stock market's recent collapse and it is expected that the shedding is not over yet. During th...
Australia’s Banking Industry: Let’s Study What’s Happening With Westpac Banking
November 22, 2018 08:10 AM AEDT| By Team Kalkine MediaThe market players are of the view that Westpac Banking Corporation (ASX: WBC) has been an outlier. According to them, the other three banks have been investigated thoroughly and Westpac has managed to sail through largely unharmed. However, the chie...
RCR In The Hand Of Administrators Failed To Secure More Funds
November 22, 2018 06:48 AM AEDT| By Team Kalkine MediaEngineering group RCR Tomlinson has been put into administration after being unable to secure additional funding following continued failures in solar farm projects. A statement by RCR Interim Chief Executive Officer Bruce James said that administra...
Growthpoint Properties bags $117 million from institutional investors
November 21, 2018 06:40 AM AEDT| By Team Kalkine MediaGrowthpoint Properties Australia (ASX: GOZ) has successfully raised ~$117 million through the institutional component of the right offer announced earlier this week. In today?s announcement to Australian Securities Exchange, Growthpoint announced th...
The Chairman Of NTC Shares The Financial Highlights Of FY18 In The AGM
November 21, 2018 06:09 AM AEDT| By Team Kalkine MediaIn the annual general meeting of Netcomm Wireless Limited (ASX: NTC), chairman Justin Milne addresses the shareholders and shares the financial update to them. He highlighted the growth in the annual revenue for the past 6 years. Within a span of 6 y...
Genworth Renews Service Contract With NBA
November 21, 2018 04:15 AM AEDT| By Team Kalkine MediaGenworth Mortgage Insurance Australia Limited (ASX: GMA) today announced the renewal of service contract with National Australia Bank for the term of two years, commencing today. Under the terms of contract, Genworth will provide Lenders Mortgage In...
Banking Royal Commission And Commonwealth Bank Of Australia: What You Need To Know
November 21, 2018 04:03 AM AEDT| By Team Kalkine MediaThe Australia?s favourite lawyer named Rowena Orr has asked a question: If the director of the company asks question and that question was not mentioned in the minutes, did the event actually occurred? A key personnel who is with the Royal Commission...
The Chairman Of WTC Presents The Financial Highlights In The AGM
November 21, 2018 03:52 AM AEDT| By Team Kalkine MediaThe annual general meeting of Wisetech Global Limited (ASX: WTC) was held on 21 November 2018. Chairman Andrew Harrison addresses the shareholders and shares the financial highlights of the company for FY2018. FY2018 encountered a powerful revenue gr...
What Retirees Have Done To Stop Franking Credit Change?
November 20, 2018 12:17 PM AEDT| By Team Kalkine MediaThe Labor?s plan of making the franking credits non-refundable is being criticized by the shareholders, and the policy would severely impact the one million retirees. The fund manager named Geoff Wilson has shown his criticism in Wilson Asset Managem...
OFX Group Limited’s Shares Tumbled 6 Percent On ASX After Announcing First Half Results Of FY 2019
November 20, 2018 07:39 AM AEDT| By Team Kalkine MediaOn 20 November 2018, OFX Group Limited (ASX: OFX) announced its results for 6 months ended 30 September 2018, following which the share price of the company decreased by 6.0 percent as on 20 September 2018. The company reported that as at 30 Septemb...
ZIP’s Shares Uplifted On ASX After Announcing Partnership With Bunnings Group
November 20, 2018 02:58 AM AEDT| By Team Kalkine MediaThe interest-free credit card disruptor ZIP Co Limited?s (ASX:?Z1P) shares uplifted by 2.151 percent on 20 November 2018, following an announcement regarding a partnership with Bunnings Group Limited (Bunnings) to offer Zip interest-free payments to...
Medibank Private Plunges On Loss Of A Key Contract
November 19, 2018 12:27 PM AEDT| By Team Kalkine MediaMedibank Private Limited (ASX:MPL) released a notice pertaining to requesting for a halt in trading on November 19, 2018 i.e. today. In absence of any new announcements made by the company to ASX, MPL planned to commence its normal trading by Novembe...
CEO Matt Comyn: Commonwealth Bank Caught In “Escalating Cycle” Of Funding Remediation
November 19, 2018 05:38 AM AEDT| By Team Kalkine MediaIn the latest hearing of Hayne Royal Commission, Commonwealth?s Chief Executive Officer Matt Comyn admitted that the Bank has been stuck in the ?escalating cycle of funding remediation, resolution and rectification? as it has not adequately invested...
Growthpoint Properties Went Into A Trading Halt Ahead Of Acquisition And Equity Raising
November 19, 2018 04:22 AM AEDT| By Team Kalkine MediaGrowthpoint Properties Australia (ASX: GOZ) today requested a trading halt in its securities pending an announcement relating to proposed acquisition of Queensland based A-grade office asset and the right issue placed to partially fund the transactio...
The Share Price Of HUB Spiked After The AGM Presentation
November 19, 2018 03:57 AM AEDT| By Team Kalkine MediaIn the AGM of Hub24 Limited (ASX: HUB) held on 19 November 2018, the managing director of the company addresses about the business highlights, its financial results, the market and growth opportunities of the company, the outlook of the company and f...
What Macquarie Group Investors Need to Know?
November 16, 2018 05:38 AM AEDT| By Team Kalkine MediaThere is something that could cheer up the investors in the Macquarie Group Limited (ASX: MQG). The company has informed the market players that the company is expected to report net profit amounting to $2.9 billion in FY 2019. This positive news com...
As Hearts and Minds LIC Gets Going, Fund Managers Rise In Stature
November 16, 2018 04:56 AM AEDT| By Team Kalkine MediaTo proclaim themselves as the market's sharpest minds and index-beating returns are delivered in disobedience of a dipping equity market, a new generation of fund managers are inclined on bold involvement and finely tuned ideas. On Friday, Hearts an...
Can This Recent Step Of NAB Help In Winning Back Customers’ Trust?
November 16, 2018 03:52 AM AEDT| By Team Kalkine MediaThe market participants are keeping a close watch on the banking sector in Australia primarily because of the misconduct which was highlighted by the Royal Commission. Because of this misconduct, the banks have lost their footing in terms of trust an...
Yojee Inks Exclusive Partnership To Digitize Fleet Movement In Malaysia’s Financial Industry
November 15, 2018 12:39 PM AEDT| By Team Kalkine MediaYojee shares were dragged 5% down despite the company announcing exclusive technology partnership with Malaysia?s leading logistics service provider, Aero Line Services. Logistics technology company Yojee Limited (ASX: YOJ) announced that it has ink...
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