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Australia's ANZ Group rises on Queensland ruling for Suncorp Bank buy

BUZZ-Australia's ANZ Group rises on Queensland ruling for Suncorp Bank buy ** Shares of ANZ Group Holdings ANZ.AX rise as much as 1.5% to A$29.13, their highest level since June 21 ** Stock reports its fourth straight day of gains ** Financial firm acknowledges the statement of the Queensland legislation for completion of ANZ's acquisition of Suncorp Bank on July 31 ** Says ANZ will welcome about 3,000 employees and 1.2 mln customers into the ANZ Group on Aug.
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Insurer Suncorp slips as Macquarie downgrades to 'neutral' on La Niña fears

BUZZ-Insurer Suncorp slips as Macquarie downgrades to 'neutral' on La Niña fears ** Shares of Australian insurer Suncorp SUN.AX fall as much as 2.2% to A$16.43, hitting their lowest since June 18 ** Analysts at Macquarie downgrade stock rating to "neutral" from "underperform" ** Downgrades stock rating while heading into the La Niña season ** Dur
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Aussie insurer Suncorp up; Morgan Stanley raises PT

BUZZ-Aussie insurer Suncorp up; Morgan Stanley raises PT ** Shares of Australian insurer Suncorp SUN.AX rise 0.5% to A$16.9 ** Analysts at Morgan Stanley lift stock's PT to A$20.20 from A$17.05; keep rating at "overweight" ** Brokerage says Suncorp has better earnings record than fellow insurer Insurance Australia Group IAG.AX ** SUN has better mot
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Suncorp Group Provides FY25 Reinsurance Program Update

BRIEF-Suncorp Group Provides FY25 Reinsurance Program Update July 5 (Reuters) - Suncorp Group Ltd SUN.AX : FY25 REINSURANCE PROGRAM UPDATE COST OF FY25 CATASTROPHE REINSURANCE PROGRAM EXPECTED TO BE BROADLY IN LINE WITH FY24 SUNCORP MAINTAINS ITS MAXIMUM EVENT RETENTION OF A$350 MILLION FOR A FIRST LARGE EVENT AND A$250 MILLION FOR A SECOND LARGE E
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Morgan Stanley optimistic on ANZ Group's acquisition of Suncorp

BUZZ-Morgan Stanley optimistic on ANZ Group's acquisition of Suncorp ** Analysts at Morgan Stanley say their EPS estimates for ANZ Group ANZ.AX would be upgraded by around 5% on full-year basis if acquisition of Suncorp Group's SUN.AX banking arm goes ahead ** Australia Treasurer Jim Chalmers on Friday gave approval for ANZ Group's A$4.9 bln ($3.26
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