Suncorp (ASX:SUN) shares gain on flood recovery update

Highlights Suncorp has provided an update on the flood recovery in Queensland and New South Wales (NSW). Few days ago, the company had announced to pay a fully franked 23 cents dividend per share to its shareholders on 1 April 2022. Suncorp's ...

Centuria (ASX:CNI) joins hands with Morgan Stanley to form AU$210M JV

The share price of Centuria Capital Group (ASX:CNI) was in focus on Wednesday (16 March 2022) after the investment manager revealed that it has established a new institutional healthcare partnership through a joint venture (JV) with Morgan Stanley ...

Magellan (ASX:MFG) announces 10 million buyback; here’s how shares are performing

ck. The share price of Magellan Financial Group Ltd (ASX:MFG) surged over 8% in the early trade on Wednesday after the Australian investment manager announced the launch of an on-market share buyback. The share price rose as high as AU$15.04, ...

WT Financial (ASX:WTL) shares zoom on Synchronised Business deal

ASX-listed wealth manager WT Financial Group (ASX:WTL) has entered into a sale and purchase agreement to buy Synchronised Business Services Pty Ltd (Synchron), Australia's privately-owned financial advisor group. The deal is expected to happen this...

CBA, NAB, WBC, ANZ: How are Australia’s Big 4 banks faring?

ar. ASX-listed banking shares are in focus amid expectations that the US Federal Reserve may lift interest rates in its monetary policy meeting scheduled later this week. The positive sentiment around a hike in rates seems to be providing reli...

NAB (ASX:NAB) shares trade in green as banking stocks move ahead

Highlights  NAB share price remained in green moving alongside ASX200 financials and banks. Banking big four stocks all rally up on the ASX with CBA emerging as the top gainer. Share price of National Australia Bank Limited (ASX:NAB) ...

CommBank (ASX:CBA) shares close higher today, here's why

Commonwealth Bank of Australia (ASX:CBA), one of the four of Australia's largest banks, has been garnering a lot of attention today as it announced the issuance of US$1.25 billion worth of subordinated notes. Investors are keeping the stock on the...

Magellan (ASX:MFG) lowers funds under management, hits seven-year low

Highlights Magellan had around AU$69.1 billion in funds under management as of 11th March 2022, compared to AU$77.2 billion in the last reported FUM. The firm has reported net outflows of around AU$5.0 billion, up from around AU$3.2 billion pre...

Why is Magellan Global Fund (ASX:MGF) on investors’ radar?

Shares of Magellan Global Fund (ASX:MGF) are on investors' radar as the global tech sell-off sends the ASX-listed fund manager in a challenging situation.  Magellan's flagship global fund was almost 7.1% lower in February as the fund manager ...

ZIP Co (ASX:Z1P) aims to raise AU$50M via SPP, shares fall

Highlights ZIP Co Limited traded in red after the company opened its AU$50 million share purchase plan (SPP) for eligible shareholders today. With this SPP, the company intends to strengthen its balance sheet for growth. Today, Zip shares were...