ASX Bank Shares
Macquarie (ASX:MQG) share price on watch on AMP (ASX:AMP) deal
The Macquarie Group Ltd (ASX:MQG) share price is on watch this morning after revealing a deal to buy an AMP Limited (ASX: AMP) business.
July 8, 2021
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Macquarie Group Ltd (ASX:MQG) share price is on watch this morning after revealing a deal to buy an AMP Limited (ASX: AMP) business.
The Reserve Bank of Australia (RBA) has started to slow down its bond buying. It will be interesting to see how this affects ASX shares.
The Betmakers Technology Group Ltd (ASX:BET) share price is up after signing a horseracing streaming partnership.
The Magellan Financial Group Ltd (ASX:MFG) share price is up after providing its monthly FUM update and FY21 performance fees.
The Challenger Ltd (ASX:CGF) share price is up more than 11% after announcing a new major shareholder has bought a stake.
Fortescue Metals Group Limited (ASX:FMG) has achieved its 30 June 2021 renewable energy and decarbonisation targets.
The Ramsay Health Care Limited (ASX: RHC) share price is up after increasing the bid for Spire
The Bigtincan Holdings Ltd (ASX:BTH) share price is up more than 7.5% after announcing contract extension news.
The Westpac Banking Corp (ASX:WBC) share price is on watch today after the bank announced the sale of its NZ life insurance business.
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