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Market Insights and Finance News

Sep qtr GDP falls 1.9%, ProMedicus drops 6%: ASX down 0.8% at noon
The Australian sharemarket opened lower and has fallen further in the late morning. At noon, the S&P/ASX 200 is 0.8…
Codan (ASX:CDA) acquires UK Broadcast Wireless Systems
Metal detection and wireless communication business Codan (ASX:CDA) has planned to purchase the UK-based company, Broadcast Wireless Systems (BWS) for…
Charter Hall REIT (ASX:CQR) acquires Ampol servos & upgrades guidance
Charter Hall Retail REIT (ASX:CQR) is set to acquire a 49 interest in 20 Ampol Fuel & Convenience retail centres…
Crown Resorts (ASX:CWN) names new chairman
Casino operator Crown Resorts (ASX:CWN) has officially appointed Dr Ziggy Switkowski as its new chairman following the receipt of all…
Wall St tumbles on taper fears amid Omicron woes, Worley rated as a buy: ASX to fall
Global indexes tumbled on concerns of vaccine efficacy against the Omicron variant amid the Federal Reserve Chair’s hawkish tone. The…
MinRex Resources (ASX:MRR) expands lithium portfolio, November 2021
MinRex Resources Limited (ASX:MRR) Non-Executive Director George Karageorge provides an update on the company’s gold and base metals projects in…
Collins Foods surges 12%, Travel stocks rally: ASX closes 0.2% higher
The Australian sharemarket eased back most of its gains in the afternoon session but managed to remain in positive territory.…
GUD (ASX:GUD) to acquire AutoPacific & launch $405m equity raising
Automotive company GUD (ASX:GUD) has entered a share purchase agreement to acquire AutoPacific Group (APG) for $744.6 million. GUD will…
Stocks of the Hour: Westpac, AMP & Credit Corp
Westpac (ASX:WBC) is set to resolve six civil penalty proceedings filed against it, after agreeing to pay $113 million in…
Sequoia Financial Group (ASX:SEQ) Annual General Meeting, November 2021
Sequoia Financial Group Limited (ASX:SEQ) Non-Executive Chairman John Larsen and CEO Garry Crole present at the 2021 annual general meeting.John…
ASX recovers, Credit Corp soars 9%, AMP rises 7%: ASX up 1.1% at noon
The Australian sharemarket has rebounded from Monday’s sessions, rising firmly at the open. At noon, the S&P/ASX 200 is 1.1…
Credit Corp (ASX:CCP) acquires Radio Rentals assets for $60m
Credit Corp (ASX:CCP) has acquired the assets of Radio Rentals from financial services provider Thorn Group (ASX:TGA) for $60 million.…
Chimeric Therapeutics (ASX:CHM): Positive Initial Phase 1 Clinical Data
Chimeric Therapeutics Limited (ASX:CHM) CEO and Managing Director Jennifer Chow talks about the recent presentation of data from the CHM…
AMP's (ASX:AMP) demerger plans on track for 2022
Financial services provider AMP (ASX:AMP) says its on track to demerge its AMP Capital Private Markets business (PrivateMarketsCo) in the…
Wall St rises shaking off Omicron fears, Tech leads, Rio is rated as Hold: ASX to rise
Investors bought Friday’s dip with major indexes around the globe closing mixed after reacting from the new strain of the…

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