The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.26% on Friday.
Australian Dollar ($A) (AUDUSD): 68.55US cents
Dow Jones (DJI): up 0.02%
Oil (WTI): $US57.24 per barrel
Gold: $US1,459 per ounce
ASX Sharemarket News
In ASX sharemarket news, SKY Network Television (ASX: SKT) has announced that it has secured the broadcast rights for the 2022 and 2026 Commonwealth Games.
Sky CEO Martin Stewart said: “As the Home of Sport, being able to showcase New Zealanders competing on the world stage in the Commonwealth Games and Olympic Games is incredible important to us.
It is our privilege to have the Summer, Winter and Youth Olympic Games, and we’re delighted to now have the Commonwealth Games returning to Sky and Prime.
Expert Interview: Magellan's Hamish Douglass
According to the Australian Financial Review’s Street Talk, EML Payments (ASX: EML) is going to raise $250 million from investors for fund an offshore acquisition.
The target is Ireland-based Prepaid Financial Services for a total cost of $420 million. It’s one of the country’s biggest issuers of payment cards with activities in 25 countries and 23 currencies.
Money will supposedly be raised by the company at $3.55 per share, compared to the pre-open share price of $3.83.
- Josh Clark on The Australian Investors Podcast
- FY20 Q1 – REA Group (ASX:REA) Reports Challenging Conditions
- FY19 Report – NAB (ASX:NAB) Profit Falls 10% And Cuts Dividend
- Westpac (ASX:WBC) Completes Part 1 Of Capital Raising
- Pro Medicus (ASX:PME) Share Price Rises On New US Contract Win
Domain (ASX: DHG) has announced it’s acquiring Bidtracker Holdings, which operates Real Time Agent, for $19.4 million upon completion. There’s a maximum payment of $35 million if the company achieves 200% of the business plan.
Real Time Agent is an Australian point of sale for digitises key steps in the property journey like agency agreements, auctions and contracts.
Domain CEO and Managing Director Jason Pellegrino said: “The Real Time Agent products save agents significant admin time – up to four hours per transaction – and reduce back-office costs and paperwork, as well as improving accuracy and compliance.”
At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.