Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.24% at lunch.
The Woolworths Group Ltd (ASX: WOW) share price is currently up almost 3% after the supermarket company announced that it’s going to merge its Endeavour Drinks business and its ALH hotel business with the idea of divesting that combined business in 2020.
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The share price of Vocus Group Ltd (ASX: VOC) is down 2.9% as the business provided earnings guidance for FY20 with profit expected to be roughly flat.
The Commonwealth Bank of Australia (ASX: CBA) share price is down another 0.4% after the RBA’s interest rate cut yesterday and CBA’s subsequent response.
Shares of Pushpay Holdings Ltd (ASX: PPH) are in a trading halt as one of the co-founders of Pushpay is looking to sell a substantial portion of his shares to other investors.
The GBST Holdings Limited (ASX: GBT) share price is up another 14.5% with a revised $3.60 non-binding indicative proposal from SS&C Technologies.
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