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Market Insights and Finance News

Nib (ASX:NHF) defers premium increases to provide financial relief
Health insurer nib Holdings (ASX:NHF) will postpone increasing health insurance premiums for its Australian resident health insurance members until September…
Tech & miners lead losses, Uniti jumps 9%: ASX closes 0.5% lower
The Australian sharemarket remained in negative territory in the afternoon session, heavily weighed down by miners and technology stocks while…
Regis Resources (ASX:RRL) lowers production guidance
Regis Resources (ASX:RRL) has lowered its full year production guidance after a geotechnical incident involving a wall slip at its…
Uniti (ASX:UWL) receives multiple acquisition approaches
Uniti (ASX:UWL) has received approaches from more than one party indicating potential interest in an acquisition of the company.The internet…
Aristocrat (ASX:ALL) on track to acquire Playtech
The rival bidder facing Aristocrat Leisure’s (ASX:ALL) bid to buy British gambling software group Playtech has dropped the pin on…
Adairs' (ASX:ADH) sales hit by store closures & higher costs
Mandated store closures from Covid-19 have led Adair’s (ASX:ADH) group sales to be impacted in the first half of the…
Fortescue (ASX:FMG) to acquire UK Williams Advanced Engineering
Fortescue Metals (ASX:FMG) is set to acquire UK-based Williams Advanced Engineering (WAE) for around $309.7 million.The acquisition aims to develop…
Regis dives on lower guidance, Adairs takes a hit: ASX down 0.7% at noon
After dropping at Monday’s open, the Australian sharemarket is in negative territory, with materials and technology stocks heavily weighing on…
Stocks of the Hour: Aristocrat, Adairs & Fortescue Metals
The rival bidder facing Aristocrat Leisure’s (ASX:ALL) bid has dropped the pin on the deal to buy British gambling software…
Tech tantrum leads Wall St crash, BHP's next step, Aristocrat's rival withdraws bid: ASX to fall
Global indexes swum in a deep red sea as technology stocks sink. Market participants changed tone to a broad sell-down…
Still wired to copper
In May last year we looked at the copper price (Wired to Copper, 10 May 2021). In that article we…
ASX tumbles, Miners & energy weigh: Aus shares down 3% over the week
The Australian sharemarket plunged over 2 per cent in the afternoon session, heavily weighed down by materials and energy stocks.…
Pretium shareholders approve acquisition by Newcrest Mining (ASX:NCM)
Newcrest Mining’s (ASX:NCM) acquisition of Pretium Resources was approved by 95.48 per cent of the votes cast by Pretium shareholders.Pretium…
Nufarm (ASX:NUF) raises US$350m to repay debt
Chemical manufacturer Nufarm (ASX:NUF) has raised $US350 million in bonds maturing in 2030 to refinance debt.The 144A regulation S offer…
Heavy rain falls on Whitehaven, Legal fees haunt Nuix: ASX tumbles 1.7% at noon
The Australian sharemarket is swimming deep in the red heavily weighed down by materials and energy stocks. All sectors are…
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