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Financial
Is Suncorp Spin-Off News A Speculation?
May 07, 2019 09:41 PM AEST| By Team Kalkine MediaSuncorp Group Limited (ASX: SUN) is an insurance major, including segments such as personal insurance, commercial insurance, general insurance, banking products and life insurance. The company provides services to the retail, commercial and corporate...
Credit Corp Closes SPP; Valid Applications Exceeded A$10 Million Target
May 07, 2019 04:16 PM AEST| By Team Kalkine MediaCredit Corp Group Limited (ASX: CCP), a financial company that operates within the Australian debt collection and consumer lending industry, on 7 May 2019, confirmed that the offer period as per previously announced Share Purchase Plan (SPP) closed o...
Raiz’s Active Consumers Approached 200,000 Mark In April 2019
May 07, 2019 12:40 PM AEST| By Team Kalkine MediaRaiz Invest Australia Limited (ASX: RZI) is a financial services business that enables consumers to frequently invest in a secure way using Raiz app or its website. Headquartered in New South Wales, the company had achieved a robust growth since the...
Landmark White Announces Update on H1FY19 and Financial Impact of Cyber Incident
May 06, 2019 09:40 PM AEST| By Team Kalkine MediaToday, on 6th May 2019, Landmark White (ASX: LMW) announced multiple updates. The company published its half-yearly (H1FY19 ended on December 31, 2019) report, where it showcased an increase in revenues from continuing operations by 6.1% pcp to $23.8...
Fund Manager CBG Capital Reports Growth In Its Interim Portfolio Valuation For April 2019
May 06, 2019 04:46 PM AEST| By Team Kalkine MediaCBG Capital Limited (ASX: CBG), established in 2002 and based in Sydney, primarily invests in securities listed on the Australian Securities Exchange. The goal of the company is to provide its shareholders with maximised medium to long-term risk-adju...
Magellan Group’s Total FUM Reached A$83,232 Million in April 2019
May 06, 2019 04:40 PM AEST| By Team Kalkine MediaMagellan Financial Group Limited (ASX: MFG) experienced net inflows of A$462 Mn in April 2019. The net inflows included net retail inflows of A$130 Mn and net institutional inflows of A$332 Mn. As at 30 April 2019, the company had total FUM of A$83,2...
Westpac Reported 22% decline in Cash Earnings for H1 FY19
May 06, 2019 12:09 PM AEST| By Team Kalkine MediaWestpac Banking Corporation (ASX: WBC) has reported a decline of 24% in its statutory net profit for the first half of FY19. Further, the group?s cash earnings were down by 22% to $3,296 million in H1FY19 as compared to the H1 FY18. Cash earnings we...
How Are These Financial Stocks Performing – PDL, CCP And CGF?
May 04, 2019 12:42 PM AEST| By Team Kalkine MediaBanking and financial sector form the backbone of an economy. Better the health of this sector, better the health of the economy. Factors such as the Royal Commission recommendation, monetary policy meeting by Reserve Bank of Australia, upcoming elec...
A Lawsuit Filed Against NAB And Its Former Subsidiary Clydesdale
May 03, 2019 10:38 PM AEST| By Team Kalkine Media?A lawsuit has been filed against Clydesdale Bank and its former owner, National Australia Bank (ASX: NAB), for conduct in relation to its Tailored Business Loans (TBLs) which were marketed by the Bank to its customers. The case has been filed on be...
Janus Henderson Reports The Down-Trending Result For First Quarter 2019
May 03, 2019 08:53 PM AEST| By Team Kalkine MediaThe asset management company, Janus Henderson Group plc (ASX: JHG) reported first-quarter 2019 Diluted EPS of US$0.48, down from US$0.82 in the previous corresponding period. The bleak performance of the company pulled its stock down by 12.12% in a d...
AMP Limited held its Annual General Meeting – A Quick look at the Company’s Performance
May 03, 2019 06:40 PM AEST| By Team Kalkine MediaWealth management company, AMP Limited (ASX: AMP) recently held its Annual General Meeting in which the company?s chairman informed about the scrutiny that the group had faced from regulators, politicians, media and the community. According to the c...
Macquarie Group Reported 17% Growth in its Net Profit for FY19
May 03, 2019 03:10 PM AEST| By Team Kalkine MediaFinancial services provider Macquarie Group Limited (ASX: MQG) has delivered a record net profit of $A2,982 million for the year ended 31 March 2019 (FY19), up 17% on the previous corresponding period. The company?s both annuity-style businesses and...
Pendal Group Reported 26% Decline In Its Cash NAT For 1H FY19
May 02, 2019 07:12 PM AEST| By Team Kalkine MediaIndependent, global investment management business, Pendal Group Limited (ASX: PDL) has reported a 26% decline in its cash net profit after tax (Cash NPAT) for 1H FY19 which has now reached to $84.5 million as compared to $114.5 million in the previo...
Banking Major ANZ Urges Regulators To Reconsider 7.25% Buffer
May 02, 2019 04:32 PM AEST| By Team Kalkine MediaAs per the media report, Australia and New Zealand Banking Group Limited (ASX: ANZ) has warned regulators that 7.25% buffer consideration by the banks may turn the potential lenders? sentiment downside. The reason is attributed to the low wage hikes...
Due to Warm Summers NZK revises Fish Harvest forecast for FY20
May 02, 2019 12:54 PM AEST| By Team Kalkine MediaNew Zealand King Salmon Investments Limited (ASX: NZK) deals in the production and processing of the premium King salmon species, sustainably grown in the Marlborough Sounds, New Zealand. It is one of the leading aquaculture companies in New Zealand....
NAB Reported 7.1% growth in Cash earnings for 1H19, Reduced its Interim dividend by 16%
May 02, 2019 12:51 PM AEST| By Team Kalkine MediaNational Australia Bank Limited (ASX: NAB) has reported a growth of 7.1% in its Cash earnings for the first half of FY19. The group also reported a statutory profit of $2,694 million for H1 FY19, up 4.3% on the previous corresponding period (pcp). I...
Genworth Released FY19 First quarter Earnings, Announced Leadership Transition
May 01, 2019 07:12 PM AEST| By Team Kalkine MediaGenworth Mortgage Insurance Australia Limited (ASX: GMA) has reported a statutory net profit after tax of $47.8 million and Underlying NPAT of $22.3 million for 2019 March quarter, in line with the company?s full-year guidance and reflecting the seas...
Steadfast Group Confirmed its FY19 guidance at Macquarie Conference
May 01, 2019 06:39 PM AEST| By Team Kalkine MediaAustralia?s leading general insurance broker network, Steadfast Group Limited (ASX: SDF) is primarily focused on the small-to-medium enterprise (SME) market. The SME market is advice-driven which means that client relationships are key to Steadfast N...
ANZ Announced Its First Half Results For FY19, Reported Cash Profit Of $3.56 billion
May 01, 2019 02:23 PM AEST| By Team Kalkine MediaAustralia And New Zealand Banking Group Limited (ASX: ANZ) has reported a cash profit for its continuing operations of $3.56 billion for the first half of FY19 (1H FY19), up 2% on the previous corresponding period (pcp). Further, the company also rep...
A brief Highlight on Macquarie CEO’s talk at Investment Conference
April 30, 2019 05:20 PM AEST| By Team Kalkine MediaMacquarie Group Limited (ASX: MQG), the giant financial group aiding customers with banking, risk and advisory, asset management, capital and financial solutions across commodities, debt and equity conducted its 21st investment conference. Macquarie...
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