Magellan (ASX:MFG) share price loses 73% in a year. Here’s why

Australian fund manager, Magellan Financial Group Limited (ASX:MFG)  reports another month of net outflows; about AU$5.2 billion in June quarter. The...

Pinnacle (ASX:PNI) shares gain as it ‘crystallises’ performance fees

The shares of Pinnacle has gained significantly on the ASX today followed by an update by the company which states that it has 'crystallized' its perf...

How are Bendigo Bank (ASX:BEN) shares reacting after ANZ deal?

Bendigo and Adelaide Bank on Thursday announced the acquisition of the investment lending portfolio of Australia and New Zealand Banking Group.

How are big 4 banks CAB, ANZ, NAB, WBC faring post RBA’s rate hike?

Reserve Bank of Australia lifted its cash rate yesterday, making it a 1.35%. CBA and ANZ Bank have indicated an increase in their variable interest ra...

How is NSW flood affecting ASX insurers SUN, IAG and QBE?

NSW floods get a ‘significant event’ status from ICA, insurers to align with claims. Suncorp Group has already declared an expected spike in claims, m...

Judo Bank (ASX:JDO) exceeds GLA target to AU$6.09B in June’22

Judo bank shared updates from its June 2022 gross loan and advances on the ASX today. The company said that it has overachieved its target.

Magellan (ASX:MFG) shares tumble over 8%. Here’s why

Magellan Financial Group Limited’s (ASX:MFG) shares have dipped below 5% today (4 July). In fact, the MFG shares rank second in the top losers list on...

Suncorp’s (ASX:SUN) natural hazard costs aligned to guidance; shares...

Suncorp shares opened trading in green on the ASX today after it shared an update stating that its natural hazard cost in FY22 was aligned to the guid...

COG Financial’s (ASX:COG) subsidiary acquires 70% interest in Chevro...

COG Financial informed that its subsidiary company, QPF has acquired 70% interest in Chevron.

Openpay (ASX:OPY) shares jump as it pauses US operations

Openpay to pause its US operations indefinitely and cease loan originations on Opy. OPY share price has jumped over 16% in early trade today. It is a...

ANZ, CBA, NAB, WBC: Australian ‘Big Four’ banks to watch out for

The ASX 200 index traded in red today, including the ASX 200 Financial sector. Therefore, the big four banking stocks- ANZ, CBA, NAB, and WBC also buz...

TYR, NOV, ZIP, CF1: How did these 4 ASX fintech firms perform YTD?

Tyro's offering includes business loans, banking products, and electronic funds transfer at point of sale (EFTPOS) solutions. The business also provid...

Equity Story (ASX:EQS) acquires Claude Walker’s ‘A Rich Life’

Diversified financial firm, Equity Story, has acquired online investing company A Rich Life (ARL). ARL is owned by investment writer and equities comm...

Decmil (ASX:DCG) wins AU$98M contract, shares gain over 6%

Following the satisfactory development and completion of the majority of Stage 1 of the Albany Ring Road Project, Decmil Group has been awarded the se...

Macquarie Group (ASX:MQG) intends to raise AU$400M

Macquarie Group Limited is likely to offer AU$400 million of capital notes (MCN6). MCN6 are expected to be quoted on the ASX under the code MQGPF. The...

CBA, NAB, WBC, ANZ: How are these ASX-listed banking majors performi...

Today, the financial sector was the top-performing sector in early morning trade. The shares of four ASX-listed banking giants were up over 2% on ASX.

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

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...

CBA, ANZ, NAB: ASX bank stocks to watch out for amid recession fears

Post Lowe’s speech, the banking sector sell-off has paused. ASX200 Banking index (XBK) is up from its six-month low. Covered here are share price move...

Medibank (ASX:MPL) to give AU$682M as COVID-19 financial claims

ASX-listed health insurance provider, Medibank Private Ltd. (ASX:MPL), shared today that it will return AU$205 million more to its customers. The comp...

Humm (ASX:HUM) shares fall over 3% as majority of board members resi...

The falling through of the proposed sale of Humm Consumer Finance (HCF) to Latitude Group Holdings Limited (ASX:LFS) have led the majority of director...