PRE-MARKET AUSTRALIAN STOCK NEWS: MetLife (MET) is said to drop out of bidding for ANZ Bank's (ANZ AT) life insurance business

ANZ Bank (ANZ AT)
- MetLife (MET) is said to drop out of bidding for Co. life insurance business. (Newswires)

Caltex (CTX AT)
- Co. Sept. unlagged CRM USD 15.05/bbl vs. Prev. USD 15.41 M/M, sales 492mln litres vs. Prev. 545mln litres M/M. (Newswires)

Mirvac (MGR AT)
- Co. affirms FY18 oper. EPS. (Newswires)

Murray Goulburn (MGC AT)
- MG Unit Trust is expected to pick Saputo and Bega Cheese as its preferred bidders during AGM. (The Australian)

National Australia Bank (NAB AT)
- Co. is said to be close to a deal with ASIC regarding the rate rigging allegations, after a recently struck settlement deal between ASIC and ANZ Bank. (The Australian)

Nufarm (NUF AT)
- Co. buys crop protection portfolio from Syngenta (SYNN VX) and Adama (ADAM) in USD 490mln deal. (Newswires)

Basic Materials / Energy
- Spot gold and WTI crude futures were flat, while Iron ore fell 0.7%.

23 Oct 2017 - 23:23- MetalsResearch Sheet- Source: Newswires

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