Market reaction to approval for ANZ\'s buyout of Suncorp bank unit

SYDNEY (Reuters) - Australia\'s Competition Tribunal approved ANZ Group\'s A$4.9 billion ($3.2 billion) buyout of Suncorp\'s banking business on Tuesday, allowing the bank to press ahead the acquisition. The takeover still requires approval by Australian Treasurer Jim Chalmers and a sign-off from the government of Queensland, where Suncorp is based. Here is some reaction from...

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TSX Ends Lower For 3rd Straight Day

After an early drop and a subsequent recovery that resulted in a positive spell till the penultimate hour, the Canadian market retreated in the closing minutes of the session on Tuesday. Amid a lack of fresh triggers, investors once again stayed reluctant to make significant moves. The benchmark S&P/TSX Composite Index ended with a loss...

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Ally Financial Q1 Results Top Estimates

Ally Financial Inc. (ALLY), a bank holding company, reported Thursday that first-quarter net income attributable to shareholders decreased to $129 million or $0.42 per share from $291 million or $0.96 per share in the year-ago quarter. Excluding items, adjusted earnings for the quarter were $0.45 per share, compared to $0.82 per share in the prior-year...

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