Financial Stocks

Is Evergrande bond default anxiety over?

Evergrande, China Evergrande, Evergrande default

Highlights Evergrande's financial hustle has a new twist. The Chinese property group has avoided default. Evergrande made a repayment to global bondholders; the domestic picture is still grim. The global market speculation around China's ...

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IOOF (ASX:IFL) marks robust financial performance in FY21

IOOF (ASX:IFL) marks robust financial performance in FY21

ASX-listed financial services company IOOF Holdings Ltd (ASX:IFL) on Friday presented its annual report 2021. As per this annual report, with over AU$450 billion in funds under management and administration, the new IOOF serves more than two millio...

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Piedmont (ASX:PLL) ups resource at Carolina Lithium project

Piedmont (ASX:PLL) ups resource at Carolina Lithium project

Highlights Piedmont Lithium shares updates on flagship Carolina Lithium Project in US. Indicated resources grew by 101% at Piedmont’s Carolina project. ASX listed, lithium focused explorer Piedmont Lithium Inc (ASX:PLL) has released ...

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Insurance Australia Group posts loss of AU$427M in FY21

Insurance Australia Group posts loss of AU$427M in FY21

Highlights Insurance Australia Group has reported a net loss after tax of $427 million in FY21. The company said that the current financial year and last year have been challenging for IAG. ASX-listed company Australia Group Limited (ASX:I...

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Cardno’s (ASX:CDD) stock is trading stronger on ASX today. Here’s why

Cardno’s (ASX:CDD) stock is trading stronger on ASX today. Here’s why

Highlights Cardno has entered into a share sale agreement with Stantec Inc. The agreement includes the sale of Cardno’s Americas Consulting Division and Asia Pacific Consulting Division. The deal is worth around AU$667 million. ASX-...

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AVZ Minerals (ASX:AVZ) tumbles despite progress at Manono project

AVZ Minerals (ASX:AVZ) tumbles despite progress at Manono project

Highlights AVZ minerals make operational progress at the Manono project. Funding and licensing requirements are on track at Manono. Manono is a critical flagship project of AVZ in Africa. AVZ Minerals Limited (ASX:AVZ) has shared an opera...

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Evolution (ASX:EVN) delivers strong financials in September 2021 quarter

Evolution (ASX:EVN) delivers strong financials in September 2021 quarter

  • October 22, 2021 03:04 PM AEDT
  • Ritwika

Highlights Evolution’s operational performance in the last quarter has exceeded the FY22 quarterly guidance profile. ENV has portrayed a sustainable, strong cash generation that supports investment in the company’s growth projects. ...

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No brainer industrial stocks for 2022- ITG, JHX

No brainer industrial stocks for 2022- ITG, JHX

Highlights No brainer stocks require no complex analysis to figure out how the stock would perform in the coming days. The companies from the real estate and allied sector are expected to perform strongly in 2022. ITG, JHX are two such compani...

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ASX AI stocks for intelligent investing

ASX AI stocks for intelligent investing

  • October 22, 2021 01:18 PM AEDT
  • Samta

Highlights Artificial Intelligence (AI) stands among one of the leading technologies in the world that is expected to shape the future. This sector is likely to increase further soon, as many companies have adopted AI technology during the pan...

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Humm shares on spotlight over quarterly results

Humm shares on spotlight over quarterly results

  • October 22, 2021 01:07 PM AEDT
  • Samta

Highlights Humm Group share price was trading up after the company released its Q1 results. BNPL segment volume rose by 44.5% to AU$308.8 million. Group’s total customers increased by 6.1% to 2.7 million. The share price of Humm G...

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Nickel at 9-year highs; 3 ASX stocks under the spotlight

Nickel at 9-year highs; 3 ASX stocks under the spotlight

Highlights Nickel price hits nine-year high levels on the back of strong demand and tight supplies. Vale SA has squeezed its production guidance for the current year due to an ongoing strike at its Canadian mine. Various ASX-listed nickel mine...

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