Financial
Perpetual (ASX: PPT) Enters Exclusive Talks with KKR for Potential Acquisition
April 29, 2024 04:46 PM AEST| By Team Kalkine MediaAustralia's financial services firm Perpetual (,ASX: PPT,) announced on Monday that it has initiated exclusive discussions with global buyout giant KKR & Co (NYSE: KKR) regarding the potential acquisition of Perpetual's corporate trust and wealth man...
Why are Challenger (ASX: CGF) shares on rise on Thursday?
April 18, 2024 03:52 PM AEST| By Team Kalkine MediaIn the ever-evolving landscape of the stock market, companies often experience fluctuations in their share prices due to various internal and external factors. One such company making headlines recently is Challenger Limited (,ASX: CGF,), which has w...
AMP (ASX: AMP) Share Price Dips Amidst First Quarter Update
April 18, 2024 03:48 PM AEST| By Team Kalkine MediaThe AMP Ltd (,ASX: AMP,) share price faces downward pressure on Thursday, slipping nearly 0.70% to AU$1.13 as of the latest trading session.,Investors are reacting to the company's first quarter update, prompting a sell-off in its shares.,AMP Bank's...
Bank of Queensland (ASX: BOQ) Shares Surge on Strong Half-Year Results
April 17, 2024 04:28 PM AEST| By Team Kalkine MediaBank of Queensland (,ASX: BOQ,) witnessed a remarkable surge in its share price, jumping as much as 5.17% to AU$6.10, marking its most substantial single-day gain since 12 October 2022.,The Brisbane-based lender reported a robust half-year performanc...
National Australia Bank (ASX: NAB) announces executive leadership changes, shares rise
April 10, 2024 12:00 PM AEST| By Team Kalkine MediaNational Australia Bank Ltd (,ASX: NAB,) has made significant announcements regarding its executive leadership team, leading to a positive response from investors. NAB shares are on the rise, gaining 0.35% to reach AU$34.75 in morning trade on Wednes...
Wilsons raises price target of Netwealth (ASX: NWL), share up
April 08, 2024 05:34 PM AEST| By Team Kalkine MediaNetwealth Group Ltd (,ASX: NWL,) saw a notable uptick in its share price on Monday, climbing by as much as 0.69% to AU$20.30, following an optimistic assessment by analysts at Wilsons. The wealth management platform provider received a boost after Wi...
BNPL giant Block Inc (ASX: SQ2) witnesses share price decline on ASX 200
April 05, 2024 05:16 PM AEDT| By Team Kalkine MediaInvestors in the ASX 200 are witnessing a significant downturn in the Block Inc (,ASX: SQ2,) share price on Friday. The global buy now, pay later (BNPL) company, which acquired Afterpay in January 2022, saw its shares closing yesterday's trading at A...
Suncorp Group (ASX: SUN) to sell New Zealand life insurance business, shares soar on Thursday
April 04, 2024 06:02 PM AEDT| By Team Kalkine MediaAustralian insurer Suncorp Group (,ASX: SUN,) announced on Thursday that it would divest its New Zealand life insurance business to Resolution Life for NZ$410 million ($246.53 million), propelling its shares to a more than 16-year high.,Suncorp's sha...
Platinum Asset (ASX: PTM) plummets 21% on Wednesday. Here’s why.
March 27, 2024 05:15 PM AEDT| By Team Kalkine MediaShares of Platinum Asset Management (,ASX: PTM,), one of Australia's prominent investment firms, experienced a significant downturn on Wednesday, plummeted by 21.07% to AU$1.013. This decline marks the largest intraday percentage fall since March 14,...
Westpac (ASX: WBC) to ramp up technology investment in bid to outpace competitors
March 27, 2024 02:25 PM AEDT| By Team Kalkine MediaWestpac Banking Corp (,ASX: WBC,) is charting a strategic course towards bolstering its technological infrastructure, a move aimed at narrowing the competitive divide with its industry rivals. On Wednesday, Westpac's shares experienced a modest decli...
Why are ANZ Group (ASX: ANZ) shares on rise on Monday?
March 25, 2024 12:16 PM AEDT| By Team Kalkine MediaANZ Group Holdings Ltd (,ASX: ANZ,) has kicked off the week on a positive note, with its shares registering a nearly 1% increase to AU$29.29 in morning trading on 25 March 2024.,The upward momentum in ANZ shares can be attributed to a couple of facto...
Medibank Private’s (ASX: MPL) ROE surpasses industry average by wide margin. Details here.
March 25, 2024 11:57 AM AEDT| By Team Kalkine MediaMedibank Private's (,ASX: MPL,) stock has shown a notable uptrend, gaining 5.1% over the past three months. This surge prompts an inquiry into the company's fundamental financial indicators to discern potential drivers behind this recent price moveme...
Shares of Washington H Soul Pattinson& Company (ASX: SOL) fall on Thursday despite positive half yearly results
March 21, 2024 12:37 PM AEDT| By Team Kalkine MediaThe Washington H Soul Pattinson& Company Ltd (,ASX: SOL,), commonly known as Soul Patts, is witnessing a slight decline in its share price today. After closing at AU$35.04 in the previous trading session, shares of the diversified investment house ar...
EML Payments (ASX: EML) soars on Friday amid strategic asset sale
March 15, 2024 06:13 PM AEDT| By Team Kalkine MediaEML Payments (,ASX: EML,) shares experienced a notable surge on Friday, climbing by as much as 11.50% to reach AU$1.26 apiece, marking their highest level since November 10, 2023. This significant uptick in share price followed the announcement from...
Macquarie Group (ASX: MQG) offers insights into 2024 interest rate cuts “soft landing”
March 11, 2024 05:52 PM AEDT| By Team Kalkine MediaAustralia's economic landscape is gearing up for significant changes in 2024, as Macquarie Group (,ASX: MQG,) CEO Shemara Wikramanayake predicts interest rate cuts and a subsequent "soft landing." In this comprehensive article, we delve into the fact...
Shares of TASK Group (ASX: TSK) Skyrocketed 90% in Acquisition Deal
March 11, 2024 05:50 PM AEDT| By Team Kalkine MediaIn the dynamic world of financial markets, a remarkable event has taken center stage as shares of technology solutions provider TASK Group (,ASX: TSK,) experience an unprecedented surge on 11 March 2024, reaching a staggering 90% increase to AU$0.76....
A Look at Recent Rise in ASX Financial Index
March 08, 2024 04:16 PM AEDT| By Team Kalkine MediaIn the financial realm, the Australian financial sub-index, (INDEXASX: XFJ) has taken center stage, leading gains on the broader benchmark S&P/ASX 200 (.AXJO), which itself has advanced by 1.02% on 8 March 2024. This surge showcases the sub-index's i...
ANZ Group (ASX: ANZ) Shares Surge Over 3% in a week
March 08, 2024 04:14 PM AEDT| By Team Kalkine MediaShares of ANZ Group (,ASX: ANZ,) are on a remarkable trajectory, gaining 3.54% this week. If the trend persists, it could mark the best weekly gain since December 15.,Currently, the stock is up 1.74%, reaching its record high of AU$29.82 apiece.,ANZ...
Skyrocketing Journey of Virgin Money (ASX: VUK)
March 08, 2024 12:00 PM AEDT| By Team Kalkine MediaInvestors are witnessing an unprecedented surge in the Virgin Money UK (,ASX: VUK,) share price, which has soared by an impressive 34% to AU$4.12 in morning trade. This abrupt ascent is attributed to a significant development - the bank has received...
Four ASX Banks Soar to New Heights Amidst Market Optimism
March 07, 2024 09:59 PM AEDT| By Team Kalkine MediaThe big four bank stocks have been on an impressive ascent over the past six months, defying concerns about valuations. Despite a chorus of financial analysts urging caution, all four major Australian banks are not just in the green today but are als...
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