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Nine's CFO Paul Koppelman has stepped down | ASX Market Update
July 10, 2020 07:49 PM AEST| By Team Kalkine MediaAfter just nine months in the position, Nine’s chief financial officer Paul Koppelman has stepped down. According to an ASX announcement, Koppelman resigned for personal reasons, including the death of a family member. Koppelman stepped into th...
ASX200 Stocks that shed more than a quarter of their price!
July 10, 2020 04:00 AM AEST| By Team Kalkine MediaMany investors who had been capitalising on the bullish market have hit the sack with investments taking a beating as the market crashed. The current economic environment is still uncertain with lockdowns and rules on social distancing again becoming...
Gold Stocks with latest business updates!
July 09, 2020 09:54 PM AEST| By Team Kalkine MediaGold has been the commodity of the year so far with prices surging considerably since the onset of the year 2020 amid widespread panic and falling risk appetite on the equity front across the globe. A considerable surge in gold prices has s...
Collapse in Housing Market Sentiment across Australia | ASX Market Update
July 09, 2020 12:00 PM AEST| By Team Kalkine MediaAustralian Banking Association has updated that the Australia’s banks will be implementing a new phase of support customers to make repayment of the loans, as customers are nearing the end of six-month loan repayment deferral period. Many custo...
Banks to give customers more time to pay off loans | ASX Market Update
July 08, 2020 08:10 PM AEST| By Team Kalkine MediaBanks have eased the burden on Australian families struggling amid the coronavirus-induced financial crisis and softened the looming shock to the economy by extending the home loan holiday by another four months. The property sector was bracing for s...
Afterpay to raise 1 billion in Fresh Capital | ASX Market Update
July 07, 2020 09:23 PM AEST| By Team Kalkine MediaThe Sezzle Inc (ASX: SZL) share price has been a strong performer on Tuesday. In morning trade, the buy now pay later provider’s shares are charging 20% higher to a record high of $4.88. Sezzle’s strong form continued in the second quarte...
NSW-Victoria Borders to Close from Tuesday Midnight | ASX Market Update
July 06, 2020 05:59 PM AEST| By Team Kalkine MediaFollowing the increase in the number of fresh cases of coronavirus in Victoria and New South Wales, the states’ premiers and Australian Prime Minister have decided to close the NSW-Victoria borders from Tuesday midnight. As on 5 July 2020, Vict...
KGN, APT, XRO Hit Record Highs | ASX Market Update
July 03, 2020 08:28 PM AEST| By Team Kalkine MediaA potential coronavirus vaccine is being trialled on 40 people in Adelaide on Friday. In an Australian first, two doses of COVAX-19, or a placebo, will be injected into the individuals between the ages of 18 and 65 at the Royal Adelaide Hospital&rsqu...
Australia offers a safe haven visas to Hong Kong | ASX Market Update
July 02, 2020 08:02 PM AEST| By Team Kalkine MediaAustralia will offer safe haven visas to Hong Kong inhabitants as the Chinese territory is devoured by a new surge of protests and arrests over new national security laws enforced by Beijing. The step will make Australia the second of the Five partne...
Qantas inaugurates a new route from Sydney to Byron Bay | ASX Market Update
July 01, 2020 07:56 PM AEST| By Team Kalkine MediaSydney and Melbourne property values have plummeted for the second consecutive month with the most expensive homes taking the impact of the falloff as buyers and sellers return to the market. Home prices across the country fell 0.7 per cent in June f...
Introducing Reffind Limited ( ASX:RFN )
July 01, 2020 12:00 PM AEST| By Team Kalkine MediaTechnology company, REFFIND has identified significant opportunities with the global surge in employees working remotely amid COVID-19. As strategic review of the business highlighted increased relevance of RFN’s core asset, WooBoard to busine...
Amazon to build a robot warehouse in western sydney | ASX Market Update
June 30, 2020 08:42 PM AEST| By Team Kalkine MediaEmployment in Australia is picking up gradually after the massive losses triggered by COVID-19 lockdowns. According to the Australian Bureau of Statistics (ABS), between mid-May to mid-June, the total payroll jobs rose by 1.0%, although they were sti...
Jumbo Interactive extends partnership with Tabcorp | ASX Market Update
June 29, 2020 08:47 PM AEST| By Team Kalkine MediaAttempts by Facebook to stiffen up on hate substance have failed to resolute advertiser defections, with Starbucks, Levi's, Verizon and Smirnoff and Baileys maker Diageo the most recent to join a 30-day boycott. As per the to the Wall Street Journal,...
Spirit Telecom to acquire VPD Group | ASX Market Update
June 26, 2020 08:25 PM AEST| By Team Kalkine MediaSpirit Telecom has agreed to acquire VPD Group, which is the largest and most transformational transaction completed by the company. Post the acquisition, ST1 would have a combined revenue run rate of $70 million to $75 million in FY2021. Further, th...
Equity Market on Recovery Mode, Is the Market Bullish Too Early?
June 26, 2020 12:00 PM AEST| By Team Kalkine MediaAustralian markets have not reached closer to levels seen before the March pullback, but there has been a decent recovery over the recent months. More than 40% of the index weight in S&P/ASX 200 Index includes financials, consumer...
Is Cash Crunch Fear A Reality As We Battle Coronavirus?
June 26, 2020 12:00 PM AEST| By Team Kalkine MediaA famous proverb states- “Revenue is vanity, profit is sanity, and cash is a reality.” Irrespective of their size and offerings, majority businesses across the globe believe that knowing far ahead of time whether they are heading in...
Qantas to Downsize operations by 6000 Staff | ASX Market Update
June 25, 2020 08:37 PM AEST| By Team Kalkine MediaAbout 6,000 jobs to be cut from the Qantas’s 29,000 workforce, equivalent to 20.7 per cent. Apart from the job losses, 15,000 staff will remain stood down without pay, on leave without pay or on annual leave, as applicable, for some time. The j...
Kunal Sawhney with Ticker TV: Recent Boom and Prevailing Trends for Copper
June 25, 2020 12:00 PM AEST| By Team Kalkine MediaCopper prices have climbed the ladder swiftly with copper cash surging ~ 26.37 per cent from the level of USD 4,617.5 per tonne (intraday low on 23 March 2020) to the latest high of USD 5,835.5 per tonne (as on 19 June 2020) on LME. Hear more on the...
ASIC Reports increase in investment scams | ASX Market Update
June 24, 2020 07:45 PM AEST| By Team Kalkine MediaAustralia’s national public broadcaster, the ABC has today announced it will axe up to 250 jobs and end programs to counter a budget shortfall of $84 million. The network’s website reports that ABC managing director David Anderson has ann...
Woolworths Earnings to Dip | ASX Market Update
June 23, 2020 08:46 PM AEST| By Team Kalkine MediaGlobal media and marketing company, Crowd Media Holdings Limited (ASX:CM8) has successfully raised $1.5 million via a heavily oversubscribed placement of 62.21 million ordinary shares at 2.5 cps and 31.105 million options with an exercise price of 4...
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