AUS
NZ
UK
CA
USA
IND
Financial
Institutional Investors Lead Steadfast Group's (ASX:SDF) Share Ownership
January 10, 2025 01:55 PM AEDT| By Team Kalkine MediaHighlights,Institutional investors control 48% of Steadfast Group (SDF).,Top,16 investors own 50% of the company, reflecting a diversified control structure.,Insider ownership aligns management with shareholders' interests.,Institutional investors ar...
Banking Sector Under Scrutiny: Morgan Stanley Adjusts Outlook on Westpac (ASX:WBC) and ANZ (ASX:ANZ)
January 10, 2025 01:43 PM AEDT| By Team Kalkine MediaHighlights,Morgan Stanley revises ratings on Westpac and ANZ due to concerns over the Australian banking sector.,Westpac downgraded to ‘underweight,’,,with target price of $30 per share.,ANZ upgraded to ‘equal weight,’,,with target price of $27.80 pe...
Infinity Asset Management’s Investment Themes for 2025: Key Insights
January 10, 2025 12:52 PM AEDT| By Team Kalkine MediaHighlights:,Shift to Real Estate & Equities,: Portfolio,favors,equities and greater real estate exposure, with caution towards defensive strategies.,Credit Markets Over Government Bonds,: A strategic focus on credit markets due to,anticipated,interes...
ANZ (ASX:ANZ) Accelerates Rate Cut Forecast to February Amid Lower Inflation Data
January 10, 2025 12:49 PM AEDT| By Team Kalkine MediaHighlights,ANZ (ANZ) now expects the Reserve Bank of Australia (RBA) to cut rates in February.,A 25-basis point reduction is,anticipated,due to weaker inflation figures.,The lender's revised outlook adjusts from a previous May expectation for the rat...
Insignia Financial (ASX:IFL) Dismisses Claims of Brookfield's Involvement in Takeover Bids
January 10, 2025 12:44 PM AEDT| By Team Kalkine MediaHighlights:,Insignia Financial (,ASX:IFL,) denies receiving any proposal from Brookfield, despite reports suggesting interest.,Bain Capital and CC Capital Partners,remain,the primary contenders in the $2.9 billion buyout discussions.,CC Capital's rec...
Insignia Financial Responds to Acquisition Speculation Amid Bidding Frenzy
January 10, 2025 12:29 PM AEDT| By Team Kalkine MediaHighlights,Insignia Financial denies receiving any proposal from Brookfield.,Buyout bids from Bain Capital and CC Capital are progressing.,CC Capital offers a $2.9 billion valuation for Insignia Financial.,Insignia Financial (ASX:IFL) has dismissed r...
QBE Insurance Shares Dip Despite Macquarie Upgrade and Positive Outlook
January 10, 2025 12:10 PM AEDT| By Team Kalkine MediaHighlights,QBE Insurance shares fall 0.2% to A$19.595, aligning with a 0.8% dip in the banking sub-index.,Macquarie raises price target to A$21.50 and upgrades 2024 earnings estimate by 8.3%.,Analysts maintain a "buy" rating on QBE, with a median pri...
Zip Co Shares Surge 363% in 2024, Beating Market Expectations
January 10, 2025 12:03 PM AEDT| By Team Kalkine MediaHighlights,Zip Co saw a remarkable,363% surge in its share price,in 2024, making it the,best performer on the ASX 200,.,The company reported a,28.2% revenue increase,and a,243.2% jump in cash earnings,for FY 2024, despite challenges like higher inter...
Block Inc to Change Ticker Code as Analysts Highlight Growth Potential
January 10, 2025 11:45 AM AEDT| By Team Kalkine MediaHighlights,Block Inc shares will trade under the ticker "XYZ" on the ASX from 22 January 2024, replacing the current "SQ2" code.,Analysts see strong growth potential for the company's Cash App and Square divisions, even after recent share price gains...
Insignia Financial Denies Receiving Takeover Bid from Brookfield Amid Speculation
January 10, 2025 11:42 AM AEDT| By Team Kalkine MediaHighlights,Insignia Financial confirms no takeover proposal from Brookfield despite media speculation.,Insignia shares rise 1.3% to $4.09, extending a 35% gain over the past month.,The company has received two major private equity proposals recently,...
Rate Cut Countdown: ANZ (ASX:ANZ) Predicts Earlier RBA Decision
January 10, 2025 11:36 AM AEDT| By Team Kalkine MediaHighlights,ANZ (ANZ),anticipates,an Australian rate cut as early as February.,Core inflation is expected to hit its lowest since 2021, driving this forecast.,January 29 inflation data could influence the Reserve Bank of Australia’s decision.,ANZ (ASX...
Platinum Asset Management (ASX:PTM) Sees Higher Outflows in December
January 09, 2025 01:47 PM AEDT| By Team Kalkine MediaHighlights:,Platinum Asset Management (PTM) saw $289 million in outflows in December.,The Platinum Trust funds faced significant investor withdrawals during the month.,Assets under management grew slightly to $11.1 million despite the outflows.,Decem...
Australian Shares Slide After Five-Day Rally Amid Global Concerns
January 09, 2025 11:52 AM AEDT| By Team Kalkine MediaHighlights:,Federal Reserve's High Bar for Rate Cuts,: Minutes from the Fed's December meeting revealed a cautious approach to further rate cuts, raising global inflation concerns under the incoming Trump administration.,Australian Financials and Min...
GQG Partners Gets Upgrade While Magellan Faces Funds Drop – Key Insights
January 09, 2025 11:44 AM AEDT| By Team Kalkine MediaHighlights,GQG Partners (GQG) sees,upgrade,from Morgans, with attractive value despite recent challenges.,Magellan Financial Group (MFG) faces outflows, but,outlook,improves for future growth.,Analysts,remain,optimistic about long-term prospects for...
Australian Share Market Faces Challenges as Miners Struggle Amid Market Decline
January 09, 2025 11:43 AM AEDT| By Team Kalkine MediaHighlights,ASX faces a tough Thursday with a notable decline in early trade.,Mining stocks, especially in materials, are among the major losers.,Positive news for (LTM) as it progresses on Rio Tinto's proposed takeover.,The Australian stock market op...
Argo Investments Faces Challenges Over Three Years Despite Strong Fundamentals
January 09, 2025 11:06 AM AEDT| By Team Kalkine MediaHighlights,Argo Investments (ARG) delivered a three-year total shareholder return (TSR) of -2%, better than the share price decline alone.,Earnings per share (EPS) grew 11% annually, yet the share price dropped 12% in three years.,Dividends played a...
Australian Banks Could See Positive Earnings Growth in 2025 Driven by Lending Growth
January 08, 2025 02:52 PM AEDT| By Team Kalkine MediaHighlights,Australian banks' earnings may benefit from solid lending growth.,November’s 0.6% rise in lending sets a positive trend for 2025.,UBS analysts predict positive earnings revisions across the sector.,Australian banks could experience a boost...
Economic Uncertainty Around Inflation Data Sparks Debate on Reserve Bank's Next Move
January 08, 2025 02:21 PM AEDT| By Team Kalkine MediaHighlights,Economists show mixed views on inflation data and future interest rate decisions.,A potential interest rate cut is likely in February, according to some economists.,The strength of the labor market and government spending could delay any c...
UBS Adjusts Outlook for Computershare (ASX:CPU) After Strong Surge
January 08, 2025 12:37 PM AEDT| By Team Kalkine MediaHighlights,UBS downgraded Computershare (CPU) to “neutral.”,Target price raised from $32 to $36.15.,Limited upside potential despite impressive rally.,UBS recently downgraded Computershare (ASX:CPU) to a "neutral" rating following an impressive 30% s...
Traders Build Expectations for Potential February Rate Cut as Inflation Cools
January 08, 2025 12:28 PM AEDT| By Team Kalkine MediaHighlights,Traders have pegged a 60% chance of a rate cut by February.,November saw a slowdown in core inflation, boosting rate cut optimism.,Key economists forecast a,possible reduction,earlier than expected.,In recent weeks, traders have become inc...
Advertise your brand on Kalkine Media