Why is QBE Insurance (ASX:QBE) in news today?

Highlights QBE Insurance reported 19% increase in the gross written premium. The company estimates crop gross written premium to reach AU$3.3 billion in 2022. QBE Insurance expects hit of US$75 million due to Ukraine and Russia war. The A...

Janus (ASX:JHG) shares closed bearish on Thursday; here's why

Highlights Janus reported slashed down earnings in FY22 first quarter on 3 May 2022.  As a result, the company's shares plummeted on the ASX today.  Despite slashed down earnings, Janus will distribute US$0.39 per share of dividend t...

AMP Limited (ASX:AMP) shares gain on robust 1QFY22 financial results

Highlights: AMP provides superannuation, life insurance, pensions and other financial services in New Zealand and Australia. The company shared its results for the first quarter of financial year 2022 today. On the back of the news, AMP’...

Netwealth (ASX:NWL) updates FY22 guidance, ups FUA for FY23

Financial services company Netwealth Group Limited (ASX:NWL) has released an update on platform cash account rate changes and its future outlook for net inflows on the ASX today (5 May 2022). The update is a result of RBA's 25 bps rate increase, a...

NAB (ASX:NAB) lifts 1H revenue, dividend; how are shares faring?

Highlights NAB reported robust cash earnings and dividend growth during the six months ending 31 March 2022. The bank reported strong growth in lending and deposits. The bank said it remained well capitalised despite AU$5 billion...

Zip (ASX:ZIP) shares nosedive 10% today, here's why

er 75% YTD. Shares of financial technology company Zip Co Limited (ASX:ZIP) closed 10.83% lower today (4 May 2022) at AU$1.03 per share on ASX. This was in line with the broader ASX 200 Index, which fell 0.16% at 7,304.70. Why did Zip's share...

Humm Group (ASX:HUM) reports volume growth across business in Q3-22

Diversified finance and BNPL services provider, Humm Group Limited (ASX:HUM) announced its Q3-22 unaudited financial statements on the ASX today (4 May). As per the announcement, hummgroup has achieved a volume growth of 31% on the prior correspo...

ANZ(ASX:ANZ) boosts cash profit in first half; how are shares faring?

Highlights ANZ reported a 4% (year-on-year) rise in 1H cash profit from continuing operations. However, cash profit was down 3% on the second half of FY2021. ANZ’s board also declared an interim dividend of 72 cents per share f...

Why is Magellan (ASX:MFG) in news today?

 Highlights It’s the happy hour for Magellan shareholders as they can finally know who is running the show.  As a result, investors finally show interest in trading Magellan on the ASX now.  Magellan closed in green today ...

CBA, NAB, WBC & ANZ - How big four banks performed after RBA’s rate hike

Highlights On Tuesday, the RBA announced a 25-basis-point increase in interest rates to 35 basis points. Banking stocks witnessed increased volatility right after the interest rate hike decision. Changes in interest rates should be taken into ...