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APA Group (ASX: APA) – Approval of $13 billion offer from CKI, regulatory approval awaited
August 13, 2018 04:47 PM AEST| By Team Kalkine MediaAustralia?s leading energy infrastructure business, APA group today declared its conditional Implementation Agreement with a consortium led by Hong Kong?s CK Infrastructure Holding Limited (CKI) under which CKI will acquire APA for all cash offer of...
Metcash Limited (ASX: MTS) - Metcash bought back $150 million, off-market
August 13, 2018 04:33 PM AEST| By Team Kalkine MediaMetcash Limited (ASX: MTS) announced the successful completion of Off-Market buy back worth $150 million on 13 August 2018. Australia?s leading wholesaler and distributor, Metcash Limited bought back 66.4 million ordinary shares at a discount of 14%...
JB HI-FI Limited (ASX: JBH) stock edges low despite confirming $6.9 billion sales in FY18
August 13, 2018 06:46 AM AEST| By Team Kalkine MediaElectronic retailer JB HI-FI, (ASX:JBH) operating across New Zealand and Australia, reported 21.8% growth in sales over the last 12 months to $6.9 billion. Of this $6.9 billion, JB HI-FI Australia contributed $4.5 billion, JB HI-FI New Zealand contri...
Aurizon Holdings Ltd released decent FY18 results along with FY19 outlook
August 13, 2018 05:58 AM AEST| By Team Kalkine MediaDecent FY 18 results with FY 19 outlook: Aurizon Holdings Ltd.?s (ASX: AZJ) stock rose 1.25% on August 13, 2018, before market close as the group delivered 6% growth in Underlying Earnings Before Interest and Tax (EBIT) to $941 million on the back of...
Brambles Limited Tumbles on Class Action Acknowledgment
August 10, 2018 05:58 AM AEST| By Team Kalkine MediaAcknowledges Class Action: Brambles Limited?s (ASX: BXB) stock fell 2.412% on August 10, 2018, 3:39 PM AEST, after the company acknowledged the media reports noting that Slater & Gordon and litigation funder IMF Bentham had announced a potential...
Crown Resorts Ltd sues NSW as the group of powerful adversaries touched the sightlines of Sydney Resorts
August 10, 2018 04:23 AM AEST| By Team Kalkine MediaAustralian casino giant Crown Resorts Ltd (ASX: CWN) filed a lawsuit to stop Government of New South Wales from giving consent to the developments that obstruct views of Sydney Opera House and Harbour Bridge from its new Sydney resort. The group?s mo...
AGL Energy Limited (ASX: AGL) - Meltdown in shares despite 30% leap in underlying EPS for FY18
August 09, 2018 09:02 AM AEST| By Team Kalkine MediaPower utility stock, AGL crashed this morning even after announcing better-than-expected profit results for fiscal year 2018. The stock slipped by 4.09% to $21.11. On 9 August 2018, AGL Energy Limited announced its annual results for financial year...
Engineering giant, WorleyParsons Limited (ASX: WOR) wins Buzzard development contract
August 09, 2018 07:00 AM AEST| By Team Kalkine MediaAustralian professional services giant, WorleyParsons Limited has been awarded an engineering, procurement and construction (EPC) contract under its long-term call off agreement with Nexen Petroleum U.K. Limited for Buzzard Phase II development in th...
Tabcorp Holdings Limited Reported 71% growth in topline after its combination with Tatts Group
August 08, 2018 07:02 AM AEST| By Team Kalkine MediaStrong FY 18 performance: Tabcorp Holdings Limited?s (ASX: TAH) stock surged 7.556% on August 08, 2018 (before market close) after the company for FY 18 reported 71% growth in the revenue to $3,828.7m. The company has posted 2018 NPAT of $28.7m, up f...
Amcor Limited (ASX: AMC) - Leading consumer packaging firms Amcor and Bemis decide to undergo merger
August 07, 2018 08:44 AM AEST| By Team Kalkine MediaAustralia?s packaging company, Amcor Limited (ASX: AMC), is acquiring NYSE listed Bemis for all-stock transaction. With the fixed stock exchange ratio of 5.1 Amcor share for each Bemis share, Amcor shareholders cling to 71% of ownership over 29% of B...
Wesfarmers Limited’s Stock Edged Up post announcement of selling Bengalla stake to JV partner New Hope
August 07, 2018 07:52 AM AEST| By Team Kalkine MediaWesfarmers Limited (ASX: WES) informed the market that it has agreed to sell its Bengalla Joint Venture stake of 40% to its JV partner New Hope for the total consideration of $860 million. On successful completion of the transaction, the group expect...
Navitas Limited (ASX: NVT)- Navitas stock price continues to rise despite negative FY18 Profit
August 07, 2018 07:21 AM AEST| By Team Kalkine MediaNavitas Limited, a leading global education provider, announced financial results for its fiscal year ending June 30, 2018. FY2018 profits cut to negative reporting after tax loss of $55.3 million compared to profits of $80.9 million in previous fisc...
Amcor Limited stock is in a trading halt
August 06, 2018 08:25 AM AEST| By Team Kalkine MediaTrading Halt due to pending acquisition announcement: Amcor Limited?s (ASX: AMC) shares are placed in a trading halt until 8 August 2018, as there is a speculation that the company will announce the all-stock acquisition of U.S. rival Bemis Co for th...
Seek Limited’s (ASX: SEK) Shares Plunged on ASX after Announcing Impairment Expense of $142 Mn
August 06, 2018 06:57 AM AEST| By Team Kalkine MediaSeek Limited?s (ASX: SEK) stock tumbled 8.85 per cent on August 06, 2018 after the release of the FY18 update in which the company recognized the net impact of three key significant items of $142 million. This impairment includes a non-cash impairmen...
What do the latest ANZ Job Ads Statistics Reveal?
August 06, 2018 04:04 AM AEST| By Team Kalkine MediaAs per the latest update on the ANZ Australian Job Advertisements for the month of July 2018, the job ads have seen a surge of 1.5 per cent on a month on month basis against the last month (June) movement that was in the red zone by about 1.7 per cen...
InvoCare Limited is on a buying spree
August 02, 2018 07:32 AM AEST| By Team Kalkine MediaAcquisition of Grafton & District Funerals and Clarence Valley Funerals: InvoCare Limited (ASX:IVC), largest provider of funeral services in Australia, New Zealand and in Singapore, saw its stock rising by 2.56% on August 02, 2018 after the compa...
Ardent Leisure Group updated its preliminary, unaudited results for FY 18
July 30, 2018 06:49 AM AEST| By Team Kalkine MediaWeak preliminary, unaudited results for FY18: Ardent Leisure Group?s (ASX: AAD) stock fell 2.886% on July 30, 2018 after the company updated on its preliminary, unaudited results for FY18, including the estimated impact of non-cash valuation adjustme...
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