Today's ASX news
Caltex (ASX:CTX) Share Price Jumps On Property IPO News
The Caltex (ASX:CTX) share price is up 5.5% after announcing plans for a property IPO.
November 25, 2019
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 Caltex (ASX:CTX) share price is up 5.5% after announcing plans for a property IPO.
Afterpay Touch (ASX:APT) has announced that its final audit report has been received and given to AUSTRAC, which is causing the share price to go nuts. The Afterpay share price is up 7.5% in early trading.
Westpac (ASX:WBC) has announced how it plans to respond to the issues raised by AUSTRAC in the statement of claim.
The Gentrack (ASX:GTK) share price is down around 15% after providing an update about its FY19 expectations.
The Qantas Airways (ASX:QAN) share price will be on watch today after the ACCC made an announcement about a potential partnership between the airline and BP.
Noni B (ASX:NBL) announced an acquisition and market update at its annual general meeting (AGM) yesterday.
The Medical Developments International (ASX:MVP) share price is up 6% after making an announcement to investors.
After the market had closed yesterday NAB (ASX:NAB) announced that it had reached settlement for a class action.
Westpac (ASX:WBC) may be facing a fine of at least $700 million from AUSTRAC after alleged failure to report some transactions.
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