Welcome to the Fear and Greed Business News Afternoon Report for Monday, the twenty fourth of March twenty twenty five. I'm suan Alma. Every afternoon, We've got the five stories that happened today that you need to know about. Sorry, Number one, the local market closed flat today after tumbling early and then making up ground all day. All things considered pre budget tariff confusion a big deal, it was a pretty good day. Now. That big deal was James Hardy's fourteen billion dollar bid for a US building materials group Azek. Now investors weren't thrilled about it. James Hardy's share price dropped fifteen percent today. By the close, the market finished at seven nine hundred and thirty nine points. The consumer, discretionary stocks and financials all did pretty well, but pretty much every other sector did poorly. That's an Australian Bank and Westpac. We're both up around two percent. Commonwealth Bank finished up nearly one and a half percent. West Farmer's Aristocrat Leisure and fores QW Metals Group also did well. On the other side of the con Woolly's Coal, Sigma Healthcare, Transurb and Weistech Global. They all did fairly poorly. Story number two. Mortgage ensurer Healya's share price tumbled twenty six percent today after warning investors its current contract with Commonwealth Bank may not run beyond December thirty one, as the banking giant commences negotiations with an alternate mortgage insurer. It would be a massive contract for Helia to lose, given the Comonwealth Bank is the country's largest home lender and supplies about fifty three percent of Helia's business. In essence, it's a case of the company relying way too much on just one provider. Story number three Mineral Resources share price jumped seven percent today after reopening its Onslo Iron Hall Road. It was closed after a sixth truck crash on the roadway last week. Now this is the road that takes triple load trucks of iron or incredible vehicles old miss they keep crashing. In its last results, Minrez said that it would spend tens of millions of dollars upgrading the track, which goes to its three billion dollar Onslow project. Minrest's share price is down sixty five percent in the last year. Story number four Sidla Milk's making money again, reporting a profit for the past six months, but investors aren't impressed, pushing its share price down twelve percent. The New Zealand dairy processor has searched this year. Even after today's slump, its share price is more than doubled. Very interesting company. It services about two hundred and twenty milk supplies dairy farmers basically in New Zealand. Acting chief executive Tim Carter said the result was delivered through a focus on getting the fundamentals of our operational performance right, seizing opportunities to deliver for customers, and continued cost control. Maybe at least they're making money, but investors weren't real happy. And story number five. New Canadian Prime Minister Mark Carney has called a snap election for April twenty eight, saying he needs a strong mandate to deal with the threat posed by US President Donald Trump, who wants to break us up so America can own us. Although the next selection isn't due until October twenty, Carney is hoping to capitalize on a remarkable recovery by his Liberal party in the polls since January, when Trump again threatening Canada and former Prime Minister Justin Trudeau announced his resignation upon being sworn in as Prime Minister on March fourteen, Carney said he could work with and respected Donald Trump. On Sunday, he took a more combative approach. According to AP and I quote, we are facing the most significant crisis of our lifetimes because of President Trump's unjustified trade actions and his threats to our sovereignty. Our response must be to build a strong economy in a more secure Canada. President Trump claims that Canada isn't a real country. He wants to break us up. He wants to break us so America can own us. We will not let that happen. That's it for the afternoon Report for Monday, the twenty fourth of March twenty twenty five. Make sure hit follow on the podcast. We will be back tomorrow morning with the Tuesday edition of Fear and Greed Business News. I'm Sean Elmer. Enjoy revening

Welcome to the Fear and Greed Business News Afternoon Report for Monday, the twenty fourth of March twenty twenty five. I'm suan Alma. Every afternoon, We've got the five stories that happened today that you need to know about. Sorry, Number one, the local market closed flat today after tumbling early and then making up ground all day. All things considered pre budget tariff confusion a big deal, it was a pretty good day. Now. That big deal was James Hardy's fourteen billion dollar bid for a US building materials group Azek. Now investors weren't thrilled about it. James Hardy's share price dropped fifteen percent today. By the close, the market finished at seven nine hundred and thirty nine points. The consumer, discretionary stocks and financials all did pretty well, but pretty much every other sector did poorly. That's an Australian Bank and Westpac. We're both up around two percent. Commonwealth Bank finished up nearly one and a half percent. West Farmer's Aristocrat Leisure and fores QW Metals Group also did well. On the other side of the con Woolly's Coal, Sigma Healthcare, Transurb and Weistech Global. They all did fairly poorly. Story number two. Mortgage ensurer Healya's share price tumbled twenty six percent today after warning investors its current contract with Commonwealth Bank may not run beyond December thirty one, as the banking giant commences negotiations with an alternate mortgage insurer. It would be a massive contract for Helia to lose, given the Comonwealth Bank is the country's largest home lender and supplies about fifty three percent of Helia's business. In essence, it's a case of the company relying way too much on just one provider. Story number three Mineral Resources share price jumped seven percent today after reopening its Onslo Iron Hall Road. It was closed after a sixth truck crash on the roadway last week. Now this is the road that takes triple load trucks of iron or incredible vehicles old miss they keep crashing. In its last results, Minrez said that it would spend tens of millions of dollars upgrading the track, which goes to its three billion dollar Onslow project. Minrest's share price is down sixty five percent in the last year. Story number four Sidla Milk's making money again, reporting a profit for the past six months, but investors aren't impressed, pushing its share price down twelve percent. The New Zealand dairy processor has searched this year. Even after today's slump, its share price is more than doubled. Very interesting company. It services about two hundred and twenty milk supplies dairy farmers basically in New Zealand. Acting chief executive Tim Carter said the result was delivered through a focus on getting the fundamentals of our operational performance right, seizing opportunities to deliver for customers, and continued cost control. Maybe at least they're making money, but investors weren't real happy. And story number five. New Canadian Prime Minister Mark Carney has called a snap election for April twenty eight, saying he needs a strong mandate to deal with the threat posed by US President Donald Trump, who wants to break us up so America can own us. Although the next selection isn't due until October twenty, Carney is hoping to capitalize on a remarkable recovery by his Liberal party in the polls since January, when Trump again threatening Canada and former Prime Minister Justin Trudeau announced his resignation upon being sworn in as Prime Minister on March fourteen, Carney said he could work with and respected Donald Trump. On Sunday, he took a more combative approach. According to AP and I quote, we are facing the most significant crisis of our lifetimes because of President Trump's unjustified trade actions and his threats to our sovereignty. Our response must be to build a strong economy in a more secure Canada. President Trump claims that Canada isn't a real country. He wants to break us up. He wants to break us so America can own us. We will not let that happen. That's it for the afternoon Report for Monday, the twenty fourth of March twenty twenty five. Make sure hit follow on the podcast. We will be back tomorrow morning with the Tuesday edition of Fear and Greed Business News. I'm Sean Elmer. Enjoy revening