Today's ASX news
Why Coles (ASX:COL) Just Raised $600 Million Of Debt
Coles (ASX:COL) just announced it has priced $600 million from the Australian debt capital markets.
October 30, 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.
Coles (ASX:COL) just announced it has priced $600 million from the Australian debt capital markets.
The Genworth (ASX:GMA) share price rose 10.6% today after giving its September 2019 quarter trading update.
Reece (ASX:REH) has given the market a trading update about its first quarter of FY20, is the share price a buy?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.53% at lunch.
Costa (ASX:CGC) shares have returned to trade this morning, with the share price falling more than 20%.
Zip (ASX:Z1P) has announced its September 2019 quarter update, revealing another three months of good month.
Woolworths (ASX:WOW) has announced excellent sales growth in its September 2019 quarter update, is it time to buy shares?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down by 0.08% on Tuesday.
Dividends are very important to people who are trying to find income right now.
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