The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.86% on Thursday.
Australian Dollar ($A) (AUDUSD): 72.76US cents
Dow Jones (DJI): down 0.06%
Oil (WTI): $US53.92 per barrel
Gold: $US1,321 per ounce
ASX Sharemarket News
In ASX sharemarket news, rubber glove-maker Ansell Limited
(ASX: ANN) has announced the acquisition of oil & gas specialty glove supplier Ringers Gloves for US$70 million.
Ringers Gloves is headquartered in Houston, Texas and for over 20 years has had a best-in-class portfolio of specifically engineered impact protection gloves. The company has annual sales of $34 million and 39 employees.
Ansell CEO Magnus Nicolin said: “The acquisition of Ringers Gloves is consistent with Ansell’s growth strategy as we look to strengthen our market leadership position across the full range of industrial hand protection needs.”
Ansell said it expects the acquisition, including all transaction costs and integration expenses, to be 1 cent dilutive to earnings per share (EPS) in FY19 and add 1 cent to EPS in FY20.
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Construction materials business James Hardie Industries plc (ASX: JHX) has announced the appointment of its new CEO.
The choice of Dr Jack Truong had previously been announced to the market, but he has officially been appointed as the CEO as of yesterday.
Dr Truong said, “I am excited to take on the challenge of leading the next phase of James Hardie’s growth.”
The third quarter results of FY19 for James Hardie are going to be presented on 5 February 2019.
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Private hospital operator Healthscope Ltd (ASX: HSO), which is currently the subject of a potential takeover
, gave some market guidance this morning.
It said that its total revenue for the FY19 half year result should show a 3% increase to $1.22 billion and that operating EBITDA increased by 7.7% to $198.1 million (click here to learn what EBITDA is).
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