Financial Stocks

Zip Co (ASX:ZIP) shares grabbed investors’ attention today, here’s why

 Zip Co (ASX:ZIP) shares grabbed investors’ attention today, here’s why

Zip Co shares traded 4.301% lower at AU$0.445 per share on ASX at 4:00 PM AEST today. The S&P/ASX 200 Information Technology (Sector) XIJ closed 1.523% higher at 1292.700 points on Thursday (23 June).

Read More...
AUB Group (ASX:AUB) acquires Tysers; shares on halt

AUB Group (ASX:AUB) acquires Tysers; shares on halt

On the ASX today, Insurance broking company, AUB Group Limited (ASX:AUB), announced that it has signed a binding agreement to purchase Tysers, a specialist international insurance broker from London, UK. The acquisition, as claimed by AUB, is part...

Read More...
Magellan (ASX:MFG) to sell 11.6% interest in Guzman y Gomez, shares fall

Magellan (ASX:MFG) to sell 11.6% interest in Guzman y Gomez, shares fall

Highlights: Magellan Financial Group has inked a deal to sell its 11.6% interest in Guzman y Gomez Limited (GYG) to a Barrenjoey Capital Partners entity. The fund manager’s total Funds under Management (FUM) dropped by AU$1.4 billion to A...

Read More...
Westpac's (ASX:WBC) profit falls, dividend rises; how are shares responding?

Westpac's (ASX:WBC) profit falls, dividend rises; how are shares responding?

  • May 09, 2022 10:49 AM AEST
  • Ashish

Highlights Westpac reported a fall in cash earnings for the six months to March 2022. The bank’s board declared a fully franked interim dividend of 61 cents per share. Net interest margin (NIM) fell 15 basis points to 1.91%. ...

Read More...
What drove Macquarie’s (ASX:MQG) profit 56% higher

What drove Macquarie’s (ASX:MQG) profit 56% higher

  • May 06, 2022 11:03 AM AEST
  • Ashish

Highlights Macquarie maintained a cautious stance amid heightened levels of volatility across regions. The company’s board announced a final ordinary dividend of AU3.50 per share. The company didn’t provide any specific f...

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

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...

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

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

  • May 05, 2022 07:18 PM AEST
  • Ritwika

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...

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

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’...

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

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...

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

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

  • May 05, 2022 11:13 AM AEST
  • Ashish

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...

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

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...

Read More...
Ad

GET A FREE STOCK REPORT

Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK