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Australian Agricultural Reported Positive Results Despite Challenging Market Conditions
November 20, 2018 08:15 AM AEDT| By Team Kalkine MediaOn 20 November 2018, Australian Agricultural Company Limited (ASX: AAC) released its half-year results to 30 September 2018 reporting a positive underlying operating result despite ongoing challenging market conditions. Following this release, the sh...
Cardno Limited To Invest Up To $20 Million In Capex Next Year
November 20, 2018 07:53 AM AEDT| By Team Kalkine MediaCardno Limited (ASX: CDD), a global provider of integrated professional community services, presented itself in the Wilsons Rapid Insights Conference held today, i.e. 20 November 2018. The financial performance of the company has shown significant i...
Bod Australia Bags An Export Licence
November 20, 2018 04:53 AM AEDT| By Team Kalkine MediaBod Australia Limited (ASX: BDA) came up with an announcement on November 20, 2018, i.e., today regarding the successful securement of an export licence for medicinal cannabis. This export licence will provide BDA with an ability to export the medici...
Slump In Crown’s Shares Chopped Off Investor James Packer’s Wealth
November 19, 2018 02:23 PM AEDT| By Team Kalkine MediaRecent sell off in Crown Resorts? stock has carved out more than $824 million from the wealth of Australia?s one of the richest men, James Packer. Investor, Entrepreneur and former executive chairman of Crown Resorts, James Packer has been hit by th...
Coles Worth Nearly 1% Of ASX Indices: Morgan Stanley
November 19, 2018 01:11 PM AEDT| By Team Kalkine MediaSupreme Court of Western Australia today approved the Wesfarmers Demerger of Coles that marks the final milestone achieved in the spin-off. The Coles is slated to commence trading on Australian Securities Exchange on 21 November 2018. However, the l...
Metcash Limited’s Shares Plunged On ASX Despite Announcing A New Distribution Centre in South Australia
November 19, 2018 05:01 AM AEDT| By Team Kalkine MediaAustralia?s leading wholesaler and distributor, Metcash Limited (ASX: MTS) made an announcement on 19 November 2018 stating that it has signed a long-term lease agreement with Charter Hall for the construction and leasing of a new ?best in class? Dis...
Fresh Foods Sales Challenging For Amazon Australia Said Coles
November 16, 2018 12:02 PM AEDT| By Team Kalkine MediaRecently, Wesfarmers Limited (ASX: WES) announced that its shareholders have approved the demerger of Coles Group limited from Wesfarmers as the board believed that Coles is of a scale where it should be owned and operated separately. Wesfarmers will...
Why Is Costa Group On A High Run-Up?
November 16, 2018 02:37 AM AEDT| By Team Kalkine MediaOn 16 November 2018, Australia?s leading horticultural company, Costa Group Holdings Limited (ASX: CGC) announced that it has signed a conditional agreement for the acquisition of the farming operations of Nangiloc Colignan Farm (NCF) located in the...
Byte Power Under Pressure Of Red Tapism After Its Crypto Launch
November 15, 2018 11:42 AM AEDT| By Team Kalkine MediaByte Power Group Limited (ASX: BPG) is into another problem of getting its cryptocurrency exchange as well as the digital token which is delayed for a longer period of time. For this reason, it is trying to deal with the stringent rules of the corpor...
Wesfarmers Refuted Criticism Report On Coles
November 15, 2018 08:23 AM AEDT| By Team Kalkine MediaWesfarmers refuted media reports that claimed Coles would not be able to pay franked dividends for up to two years after its separation from WES. Chief executive Officer Rob Scott slams the criticism by saying suggestion the retailer might not be ab...
Navitas Trades In A Restricted Zone After AGM
November 15, 2018 03:11 AM AEDT| By Team Kalkine MediaNavitas Limited (ASX:NVT) came up with its AGM 2018, on November 15, 2018. The AGM was addressed by the Chairman. While addressing the shareholders, he presented about the group performance in the year 2018, key events and major proposals in line wit...
An Improvement In Consumer Sentiments: All You Should Know
November 14, 2018 06:41 AM AEDT| By Team Kalkine MediaSurprisingly, the consumer sentiments witnessed a rise of 2.8% to 104.3 Index Points in the month of November 2018. This number has shot up from 101.5 in the month of October 2018. This improvement has truly surprised the market players primarily bec...
DuluxGroup Slips Despite Reporting Full Year Profit Growth
November 14, 2018 06:22 AM AEDT| By Team Kalkine MediaDuluxGroup Limited (ASX: DLX), the leading manufacturer and marketer of premium decorative paints has reported its full year result on November 14, 2018. DLX made an announcement for its full year investor presentation that included group and busines...
Despite Tough Climate Conditions, Ruralco Beats Estimates
November 13, 2018 07:58 AM AEDT| By Team Kalkine MediaRuralco has beaten estimates despite the drought and announced post-tax profit to $28.8 million, a 10 percent increase in it for the full year ending September 30, 2018. It will pay a fully franked dividend of 6 cents per share and the underlying ear...
Elders Limited’s Stock Sky Rocketed On Fiscal 2018 Financial Results
November 12, 2018 03:47 PM AEDT| By Team Kalkine MediaAgribusiness operator Elders Limited (ASX: ELD) today announced the financial results for the full year ended 30 September 2018. The company has posted substantial growth of 9% in the underlying net profit after tax of $63.7 million in Fiscal 2018,...
Corporate Travel Arrowed Up As Directors Acquired More Shares In The Company
November 12, 2018 08:55 AM AEDT| By Team Kalkine MediaSince the start of today?s trading session, Investors have been bullish on Corporate Travel Management. The upside movement was such that the share price of corporate travel specialist, CTD, recorded a leap of 3.901% to close at $21.840 on 12 Novembe...
Webjet Limited’s Shares Down After Posting The Retail Entitlement Offer
November 12, 2018 08:00 AM AEDT| By Team Kalkine MediaOn 12 November 2018, Webjet Limited (ASX: WEB) opened its Retail Entitlement Offer with an invitation to participate in its 1 for 9 accelerated non-renounceable pro-rata entitlement offer for new Webjet ordinary shares at an issue price of $11.50 per...
INFIGEN’s Monthly Production For October 2018 Is Out
November 12, 2018 05:55 AM AEDT| By Team Kalkine MediaInfigen Energy (ASX: IFN) has presented an unaudited production report for the month of October 2018. The company has shown the production reports of its various wind farm projects at different sites. The company has also highlighted a comparative an...
WorleyParsons’ Shares Tumbled On ASX Despite Announcing The Completion Of Retail Entitlement Offer
November 12, 2018 03:26 AM AEDT| By Team Kalkine MediaOn 12 November 2018, WorleyParsons Limited (ASX: WOR) announced the successful completion of the retail component of its 1 for 1.47 accelerated non-renounceable pro-rata entitlement offer of new WorleyParsons shares. Following the release of this new...
Navitas’ Board Dumps Proposal From BGH Consortium
November 12, 2018 02:40 AM AEDT| By Team Kalkine MediaOn 12 November 2018, the leading global education provider Navitas Ltd (ASX: NVT) announced that it has rejected the further takeover offer from the BGH Consortium as BGH Consortium has not changed the offer price and they have re-affirmed a price of...
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