Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now ASX - Delayed Quote • AUD Macquarie Group Limited (MQGPD.AX) Follow Compare 102.85 -0.15 (-0.15%) As of 2:49:13 PM GMT+11. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Macquarie Bearish on Oil Amid Non-OPEC Supply Growth, Below-Trend Increase in Demand Macquarie remains bearish on crude oil as its supply-demand balances for 2025 remain long at 1 milli 3 ASX Dividend Stocks Yielding Up To 6.2% The Australian market has been experiencing volatility, with the ASX 200 futures indicating a potential downturn, compounded by global economic shifts such as interest rate cuts in Europe and fluctuating commodity prices. Amidst this backdrop, dividend stocks can offer investors a measure of stability and income, particularly those yielding up to 6.2%, making them an attractive consideration for portfolios seeking resilience in uncertain times. China Targets Record Deficit to Buffer Economy Against Tariffs (Bloomberg) -- China raised its general budget deficit to the highest level in more than three decades, as Beijing ramps up spending to counter the effects of rising US tariffs. Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Remembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than RecommendedThe Stocks to watch this week: BP, Barclays, NatWest, AirBnB and Lyft Earnings preview of key companies reporting next week and what to look out for. Australia's Macquarie to wind down US debt capital markets arm, Bloomberg reports Bloomberg said the move would impact roughly 80 jobs, with some of the affected employees transitioning to new roles, while others leaving the company. The change was communicated during a town hall meeting, the sources added, with Macquarie planning to sell positions it amassed through U.S. debt capital markets activities over the next two years. Macquarie, Australia's largest asset manager, generates revenue through infrastructure ownership, commodity trading in sectors like oil and gas, managing capital raisings for other companies, and offering home loans in its domestic market. Investors in Macquarie Group (ASX:MQG) have seen respectable returns of 90% over the past five years Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the... U.S. Crude Oil Inventories Likely Declined by 3.8 Million Barrels in Week Ended Dec. 20, Macquarie Says U.S. crude oil inventories are expected to have fallen by 3.8 million barrels in the week ended Dec. Beijing Poised to Boost Stimulus to Counter Trump's Tariffs in 2025 Beijing is prepared to provide sufficient domestic stimulus to offset the impact of Trump's increased tariffs if the country sets "around 5%" as its GDP growth target for next year, Macquarie Group's Larry Hu wrote in a note. The current Bloomberg consensus for 2025 GDP growth is 4.5%, while the consensus among global banks is closer to 4%, he added. Such a pessimistic outlook is understandable given the deflationary pressures in the economy, which could be exacerbated by Trump's "tariff 2.0," Hu said. Macquarie Considers a Potential $5 Billion-Plus Sale of Former Cincinnati Bell (Bloomberg) -- Macquarie Group Ltd. is beginning to explore strategic options including a sale for Altafiber, the telecommunications carrier formerly known as Cincinnati Bell, as appetite surges for companies offering broadband internet services, according to people familiar with the matter. Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiHo Chi Minh City Opens First Metro Line After Years of DelayNew York’s Congestion Pricing Plan Still U.S. Crude Inventories Likely Dropped Half as Much as Previous Week, Macquarie Says U.S. crude oil inventories are expected to have fallen by 0.7 million barrels in the week ended Dec. Macquarie Asset Management announces partnership with Dow to launch Diamond Infrastructure Solutions NEW YORK, December 09, 2024--Macquarie Asset Management today announced that a fund managed by Macquarie Asset Management has entered into a definitive agreement to acquire a 40% equity stake in select U.S. Gulf Coast infrastructure assets of Dow Inc. ("Dow") (NYSE: DOW). Macquarie Group-backed Corio Generation to cut staff Corio is implementing organisational changes to enhance efficiency and maintain focus on delivering projects in key markets. U.S. Crude Oil Inventories Likely Decreased by 1 Million Barrels in Week Ended Nov. 29, Macquarie Says U.S. crude oil inventories are expected to have fallen by 1 million barrels in the week ended Nov. 2 UK financial watchdog fines Macquarie Bank £13mn for fictitious trades The UK financial watchdog has fined Macquarie Bank £13mn after one of its traders in London recorded more than 400 fictitious trades to hide... Macquarie fined £13m by City watchdog after fake trades Fake trades were not detected earlier because of ‘significant weaknesses’ in the bank’s systems and controls, the regulator said. 'Trump Trades' Dominate Markets as Republican-Led US Government Looms, Macquarie Says 'Trump Trades' Dominate Markets as Republican-Led US Government Looms, Macquarie Says Macquarie Group Ltd (MCQEF) (H1 2025) Earnings Call Highlights: Strong Profit Growth Amid ... Macquarie Group Ltd (MCQEF) reports a 14% increase in net profit, driven by asset management gains, despite facing headwinds in commodities and capital markets. Macquarie Bets on AI Data-Center Boom Even After AirTrunk Sale (Bloomberg) -- Macquarie Group Ltd.’s recent megadeal to sell AirTrunk was just a warm up act when it comes to data centers, chief executive Shemara Wikramanayake said.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowThe Australian investment bank owns 4.3 gigawatts of data center capacity worldwide, and almost a third of the investments by its asset management arm are in digital infrastructure, Wik Australia's Macquarie misses first-half profit forecasts on subdued energy trade; shares slide Macquarie Group, Australia's biggest investment bank by assets, posted first-half profit on Friday that fell short of analyst estimates as stabilising energy markets squeezed the commodities trading unit, its main earner, sending its share price sharply lower. Its commodities trading division - an earnings engine in recent years as extreme weather in North America and Russia's invasion of Ukraine upended energy markets - saw its profit contribution shrink by 5% due to what it called a return to muted trading conditions. "It's been meaningful, the reduction and the management of demand, and the storage and supply that people are sitting with," CEO Shemara Wikramanayake said on a call with analysts, referring to energy trading. Macquarie introduces rent-a-captive offering for P&C risks Clients can now access Macquarie’s captive insurer benefits without the high costs of a traditional captive. Performance Overview Trailing total returns as of 3/13/2025, which may include dividends or other distributions. Benchmark is S&P/ASX 200 [XJO] Return MQGPD.AX S&P/ASX 200 [XJO] YTD +0.30% -4.99% 1-Year +5.21% +0.50% 3-Year +16.87% +8.43%