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Financial
Magellan (ASX:MFG) reports 3% fall in FY22 profit; shares in red
August 17, 2022 12:32 PM AEST| By Sonal GoyalShares of Magellan (ASX:MFG) have dropped after the company announced its full year results for the financial year 2022.
What helped IAG (ASX:IAG) return to profit in FY22
August 12, 2022 09:02 AM AEST| By AshishInsurance Australia Group Ltd (ASX:IAG) on Friday announced its return to profit in the financial year 2022 from a net loss in the year ago period
What boosted CBA’s (ASX:CBA) cash profit in FY22
August 10, 2022 09:00 AM AEST| By AshishShares of Commonwealth Bank of Australia (ASX:CBA) would be closely tracked on Wednesday following the release of banking giant’s earnings for the twelve months ending 30 June 2022
From ANZ to WBC: How are Australian ‘big four’ faring today
August 09, 2022 05:09 PM AEST| By RitwikaAlthough eight ASX 200 sectors ended in green today, the financial sector closed in red. This article features the big four banks of Australia and how they have fared today.
NAB reports AU$1.85B in net profit; here’s how shares are reacting on ASX
August 09, 2022 11:45 AM AEST| By Sonal GoyalShare price of NAB, Australian banking giant are in red today despite sharing solid set of numbers during the June quarterly report.
Why Magellan’s (ASX:MFG) funds under management fell in July
August 04, 2022 09:16 AM AEST| By AshishMagellan Financial Group Ltd (ASX:MFG) on Thursday reported a fall in funds under management (FUM) in July
Why Pinnacle’s (ASX:PNI) FUM plummeted in FY22
August 03, 2022 09:13 AM AEST| By AshishPinnacle Investment Management Group Ltd (ASX:PNI) on Wednesday announced a fall in its funds management
From ANZ to WBC: How are Australian ‘big four’ performing amidst rising inflation
August 02, 2022 06:58 PM AEST| By RitwikaThe Financial stocks are likely to get impacted the most due to inflation and rising RBA interest rates. In this article we have discussed how big four banks are performing on the ASX amidst rising inflation.
Why is Credit Corp (ASX:CCP) making headlines today?
August 02, 2022 01:14 PM AEST| By Sonal GoyalShares of Credit Corp were drowning on the ASX today after the company shared full year results for 2022 and guidance for FY23.
Sezzle (ASX:SZL) shares skyrocket 40% on quarterly update
July 29, 2022 12:05 PM AEST| By Sonal GoyalShare price of Sezzle magnified considerably in the past few days. Today, it increased by whopping 30% after the company shared its second quarter activities report.
Tyro Payments (ASX:TYR) shares are exploding today. Here’s why
July 28, 2022 05:53 PM AEST| By Sonal GoyalShares of Tyro surged by nearly 17% on the ASX today, following the broader market movement
Macquarie (ASX:MQG) increases net profit in 1QFY23, shares gain
July 28, 2022 02:59 PM AEST| By Bhawna GuptaThe combined 1Q23 net profit contribution of Macquarie's annuity-style businesses—Macquarie Asset Management (MAM) and Banking and Financial Services (BFS)—was significantly higher than in 1Q22.
Westpac (ASX:WBC) to cut lending to cement, coal, oil & gas businesses
July 27, 2022 12:49 PM AEST| By Sonal GoyalWestpac through media release shared that it would not finance those industries who does not meet greenhouse gas emission targets
ANZ, CBA, NAB, WBC: How are these 'big four' banks performing on ASX?
July 26, 2022 02:33 PM AEST| By RitwikaThe ASX 200 Financial sector is one of the few well performing sectors on the ASX today. This article tells us about the performance of Australian 'big four' banks on the ASX today.
Moneyme (ASX:MME) shares zoom on strong fourth quarter results
July 25, 2022 03:34 PM AEST| By RitwikaMoneyme released its Q4 FY22 results today stating strong gains. Moneyme shares gained significantly on the ASX today.
IAG boosts profit for FY22: How about other ASX insurance stocks?
July 22, 2022 06:33 PM AEST| By RitwikaToday IAG shares have closed in red, despite reporting robust profit in FY22. In this article we have we will see how other insurance companies like- SUN, QBE, and PSI has performed on the ASX today.
Why are IAG shares down despite posting AU$347M profit?
July 22, 2022 12:47 PM AEST| By AshishInsurance Australia Group Ltd (ASX:IAG) swung back into profit in FY22 after having reported losses in the prior financial year
BKI reports 175% NPAT gain in FY2022, shares rise on ASX
July 20, 2022 12:02 PM AEST| By RitwikaBKI shares began trading in green today, followed by an announcement of the company's record financial performance in FY22.
Hub24 (ASX:HUB) reports Q4 FY22 results; shares close in red
July 19, 2022 06:28 PM AEST| By RitwikaHub24 shared update of its Q4FY22 performance updates on the ASX. Hub24 ended today's trading session in the red territory.
From CBA to NAB: How are ‘big four’ banks faring after ANZ-Suncorp deal?
July 19, 2022 03:37 PM AEST| By RitwikaANZ and Suncorp signed an important deal yesterday. In this article we have discussed how the shares of the Australian 'big four' banks are faring on ASX after this deal.
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