Finance News (Page 2)

Buy now pay later segment heats up with humm: Aus shares 0.1% higher at noon

22 Jul 2019 - Local shares search for direction as Wall Street closes off a negative week ahead of Fed cut and earnings season ramp up. Citi says National Australia Bank (ASX:NAB) is in the best shape in two decades with McEwan and Chronican at the helm. FlexiGroup's (ASX:FXL) humm now with 15,000 businesses offering buy now pay later for up to $30k. FXL shares up 38% YTD, Afterpay (ASX:APT) up 93%, Zip (ASX:Z1P) up 180%. Resolute Mining [...]

Energy stocks took a fall this week: ASX closed 0.8% higher

19 Jul 2019 - It has been a positive day of trade for the ASX. The local bourse managed to maintain momentum to close 0.8% higher. NAB announced their new CEO Ross McEwan from the Royal Bank of Scotland. The CIMIC Group (ASX:CIM) saw strong declines in their shares this week. And IMF Bentham (ASX:IMF) reports that a confidential partial settlement has been reached in an Australian case it has funded.