The Metcash Ltd (ASX: MTS) share price is currently down 0.3% after the ACCC approved its proposed acquisition of Superior Food. But, the overall market is down more. The S&P/ASX 200 Index (ASX: XJO) is down by 1.3%, so Metcash is outperforming. Metcash is best known as the supplier of IGAs around Australia, which are all independent supermarkets. The ASX share wants to gain exposure to the foodservice industry which supplies food to other businesses such as restaurants, cafes, hotels, clubs, petrol and convenience stores, and institutions like hospitals. ACCC approval The Australian Comp ..read more

Sayona Mining Ltd (ASX: SYA) shares are on course to end the week in the red. At the time of writing, the lithium miner's shares are down 3% to 3.3 cents. This leaves the company's shares trading a fraction above their record low of 3.2 cents. Why are Sayona Mining shares falling again today? The miner's shares have come under pressure today after it revealed just how badly weak lithium prices are impacting its operations. In fact, the damage is so bad the market may be questioning why it hasn't put its operations on care and maintenance like Core Lithium Ltd (ASX: CXO). According to its quar ..read more

It's a merciless morning for the Super Retail Group Ltd (ASX: SUL) share price as investors react to impending court proceedings. Shares in the retail operator fell as much as 8% on the open. Investors have become more comfortable with the news as the day goes on. The company's share price is still 4.8% worse off at $14.17 apiece. Knowing it's a doozy of a day for the S&P/ASX 200 Index (ASX: XJO) might provide some consolation. The Australian benchmark is down 1.2% as fears of further interest rate increases gather steam. But, today's concern for Super Retail Group probably has little to ..read more

The VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT) has been a high-performing exchange-traded fund (ETF) for investors. In this article, we'll examine how much of a difference it could make to someone's wealth in real terms. Ultimately, investing is all about making returns and this ETF has been one of the best and most consistent at doing that. Of course, there's no guarantee that the good returns will continue in the short term or even the long term. The MOAT ETF has been on the ASX since June 2015, so it has built up a fairly long history of good returns. How much would $10,000 have ..read more

The Nick Scali Limited (ASX: NCK) share price has returned from its trading halt with a bang. At the time of writing, the furniture retailer's shares are up 14% to a record high of $16.02. Why is the Nick Scali share price rocketing? Investors have been scrambling to buy the company's shares today after responding positively to its plans to enter the UK market. To support its entry, Nick Scali's shares were in a trading halt whilst it undertook a capital raising. This morning, it has successfully completed the institutional component of this raising. According to the release, Nick Scali raised ..read more

The Newmont Corporation (ASX: NEM) share price is catching the eye on Friday and is on course to end the week in style. In morning trade, the gold miner's shares climbed 15% to a new 52-week high of $66.24. Its shares have eased back a touch since then but remain up 13% at the time of writing. Why is the Newmont share price rocketing? Investors have been buying the gold miner's shares this morning after its released a fourth quarter update that was ahead of expectations. According to the release, Newmont's attributable gold production decreased 4% to 1,675,000 ounces quarter on quarter. This w ..read more

The ResMed Inc (ASX: RMD) share price is avoiding the market selloff and racing higher on Friday. In early trade, the sleep disorder treatment company's shares are up an impressive 10% to $31.50. This compares favourably to a 0.8% decline by the ASX 200 index this morning. Why is the ResMed share price jumping? Investors have been fighting to get hold of the company's shares this morning following the release of its third quarter update. According to the release, ResMed reported a 7% increase in revenue to US$1.2 billion for the three months ended 31 March. This was driven by increased demand ..read more

BHP Group Ltd (ASX: BHP) shares are under pressure on Friday. In morning trade, the mining giant's shares are down 4% to $43.42. Why are BHP shares falling? Investors have been selling the Big Australian's shares this morning after responding negatively to news that it is looking to make a mega acquisition. According to an announcement, BHP has made a non-binding, all scrip offer to acquire Anglo American (LSE: AAL) for 31.1 billion pounds (~A$60 billion). If the deal goes ahead, Anglo American shareholders will receive 0.7097 BHP shares for each share they own in the global miner. As things ..read more

Lynas Rare Earths Ltd (ASX: LYC) shares could be undervalued at current levels. That's the view of analysts at Bell Potter, which are feeling particularly bullish on the rare earths miner. What is the broker saying about Lynas? Bell Potter notes that the company released its quarterly update earlier this week. While Lynas' sales fell short of expectations, its production was significantly stronger than the broker was forecasting. It commented: LYC produced 1,742t NdPr (BPe 1,462 +21%) and 1,821t of other rare earths, generating revenue of $101m (BPe $115m) on sales of 2,310t, equating to an ..read more

Female ASX investors are increasingly making their mark in the traditionally male-dominated fund management world. Women bring a unique perspective and strategy to their portfolios. According to a recent Goldman Sachs study, funds managed by women or gender-mixed teams outperformed those managed exclusively by men. With a knack for identifying stocks that deliver value on multiple fronts, female ASX investors are setting new standards of investment excellence. Here we dive into four S&P/ASX 300 Index (ASX: XKO) shares in top female fund managers' portfolios.  Value-based investing d ..read more