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Market Insights and Finance News

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‚Äôs dip with major indexes around the globe closing mixed after reacting from the new strain of the…
Westpac (ASX:WBC) agrees to pay $113m in fines
Westpac (ASX:WBC) has reached agreement with Australia’s corporate watchdog to resolve six civil penalty proceedings filed against them, submitting to…
Westfield-owner falls 6%, Energy & banks drag: ASX closes 0.5% lower
The Australian sharemarket remained in negative territory in the afternoon session. Shopping centre owners, banks, energy and travel stocks weighed…
Stocks of the Hour: SkyCity, Rural Funds & Vulcan Energy
SkyCity (ASX:SKC) has secured a debt covenant waiver for the December 31 testing period. Formal documentation has been executed with…
Vulcan Energy (ASX:VUL) inks lithium supply deal with Stellantis
Vulcan Energy (ASX:VUL) and auto giant Stellantis have signed a binding lithium hyroxide agreement to supply battery grade lithium hydroxide. Vulcan…
Travel stocks & shopping centre owners fall: ASX down 0.3% at noon
The Australian sharemarket is lower this morning, extending the heavy loss on Friday amid fears the new omicron Covid-19 variant…
Rural Funds (ASX:RFF) exchanges contracts for property acquisition
Rural Funds’ (ASX:RFF) responsible entity, Rural Funds Management (RFM) has exchanged contracts for a 27,879 hectare cattle and cropping property…

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