Financial

ASX Ltd (ASX:ASX) Rises in 2024 with Strong Margins and Tech Growth

Highlights,ASX Ltd shares have risen 3.9% in 2024.,ASX Ltd maintains high margins and strong recurring revenue.,The S&P/ASX200 Info Tech Index outperf...

RBNZ Cuts Cash Rate Amid Economic Concerns

Highlights,RBNZ cuts cash rate by 50 basis points to 4.75%.,Concerns rise over potential "triple dip" recession.,Central bank shifts from tightening t...

Tower Insurance Boosts Earnings Guidance as FY24 Profit Soars

Key Points:,Tower now expects its FY24 underlying NPAT to be around AU$83 million, significantly higher than its initial estimate of over AU$45 millio...

ASX 200 Flat as Energy Gains Offset Resource Struggles

Headlines,ASX 200 Benchmark Ends Flat After a Mixed Week,Energy Sees Late Push Amid Crude Oil Price Surge,Health Care and Financials Hold Steady While...

Tower Insurance: A Rising Star in the Market

Headlines,Tower offers diverse general insurance products in New Zealand and the Pacific Islands.,The company’s financial performance has improved, en...

Analyzing Commonwealth Bank of Australia (ASX: CBA) Stock Valuation...

Highlights,Commonwealth Bank of Australia shares analyzed using valuation tools.,Price-to-earnings (P/E) ratio and Dividend Discount Model (DDM) provi...

Argonaut Strengthens Leadership with New Co-Head of Institutional Sa...

Highlights:,Argonaut appoints Digby Gilmour, formerly of Canaccord Genuity, as co-head of institutional sales.,Gilmour's extensive experience in equit...

Netwealth Group Shares Surge on Record Quarter and New CFO Appointme...

Highlights,Netwealth Group's stock surged 3.8% after a record quarter, with Funds Under Administration (FUA) reaching AU$95.4 billion.,FUA net inflows...

Sustainable Dividend Growth Highlights Washington H. Soul Pattinson’...

Summary Points,Washington H. Soul Pattinson and Company Limited is trading ex-dividend soon, impacting dividend eligibility.,The company has a strong...

Record Highs on Wall Street Inspire Asian Market Upturn

Headlines,Asian shares experience an upswing following positive momentum from Wall Street.,Optimism surrounds potential fiscal stimulus from China, wi...

Federal Reserve Navigates Inflation and Employment Risks

Highlights,Federal,Reserve is balancing inflation and employment risks.,Future rate decisions depend on incoming economic data.,Inflation concerns eas...

World Bank Predicts Slower Growth for China in 2024, Impacting Regio...

Highlights,World Bank forecasts China’s growth to slow to 4.3% in 2024.,Economic slowdown expected to impact regional economies, including Australia a...

ARC Funds (ASX:ARC) Acquires 30% Stake in Ausbiz Capital to Expand F...

Key Points:,ARC Funds Limited acquires 30% of ausbiz Capital, investing $1 million in three stages.,Ausbiz Capital will offer financial products like...

GQG Partners (ASX:GQG) Shares Dip Despite Positive September 2024 Up...

Highlights,GQG Partners reported growth in funds under management for September 2024.,Net inflows for the year reached US$17.4 billion, with strong co...

ANZ Downplays Impact of Middle East Oil Supply Disruptions

Highlights:,ANZ expects minimal disruptions to global oil supply due to the Middle East conflict.,The possibility of a direct attack on Iran's oil fac...

Platinum Asset Management Opens Talks for Regal Partners (ASX:RPL) T...

Highlights,Platinum grants Regal Partners access to confidential data for takeover discussions.,Regal may increase its bid for Platinum Asset Manageme...

Bank of Queensland (ASX:BOQ) Share Price and Valuation Insights

Highlights,Bank of Queensland shares trade near $6.09.,BOQ's lending margin and ROE are slightly below sector averages.,Dividend valuations suggest mi...

HUB24 (ASX:HUB) Revenue Growth Justifies High Valuation

Highlights,HUB24 has a high P/S ratio due to strong revenue growth.,The company has outperformed industry averages in revenue growth.,Future growth pr...

Commonwealth Bank of Australia (ASX:CBA) Share Price Nears $133: Way...

Highlights,CBA shares approach $133 amid valuation analysis.,PE ratio and DDM used to evaluate CBA's stock price.,Dividend growth and risks factored i...

Platinum Asset Management (ASX:PTM) Reviews Regal's Revised Takeover...

Highlights,Platinum engages in due diligence after Regal's revised takeover approach.,Non-exclusive talks will assess the potential value of a deal.,N...