Today's ASX news
CBA (ASX:CBA) is being sued, time to sell?
Commonwealth Bank of Australia (ASX:CBA) has acknowledged that it’s being sued, is it time to sell shares of the big 4 ASX bank?
June 10, 2020
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.
Commonwealth Bank of Australia (ASX:CBA) has acknowledged that it’s being sued, is it time to sell shares of the big 4 ASX bank?
Harvey Norman (ASX:HVN) is in the spotlight this morning after declaring a special dividend and giving an update.
Kogan.com (ASX:KGN) has entered a trading halt to do a $115 million capital raising.
The G8 Education (ASX:GEM) share price is currently up more than 6% after making an announcement about the government measures.
CSL (ASX:CSL) has announced an acquisition to the market this morning. It’s called Vitaeris, a clinical-stage biotechnology company.
Wesfarmers (ASX:WES) has updated the market this morning about its retail trading with the ongoing COVID-19 pandemic.
Is iShares Core S&P/ASX 200 ETF (ASX:IOZ) a good way to invest in ASX shares?
ASX shares are on watch today as the government again considers ending jobkeeper for businesses that have recovered.
Evolution Mining (ASX:EVN) has agreed to sell its Cracow gold mine for up to $125 million.
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