Today's ASX news
HY20 result: API (ASX:API) share price down 8%
The Australian Pharmaceutical Industries (ASX:API) share price has fallen 8% in response to the company’s FY20 half year result.
April 23, 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.
The Australian Pharmaceutical Industries (ASX:API) share price has fallen 8% in response to the company’s FY20 half year result.
Ramsay Health Care (ASX:RHC) has announced a $1.4 billion capital raising. Should you buy into it?
Is A2 Milk (ASX:A2M) the best ASX growth share at this share price? The infant formula company gave an update today.
Virgin Australia (ASX:VAH) has collapsed into voluntary administration. Now what?
Virgin Australia (ASX:VAH) has gone into voluntary administration. What does this mean for shareholders?
The Nearmap (ASX:NEA) share price is up around 14% after giving an update to investors. Is it still a bargain?
The Sydney Airport (ASX:SYD) share price has fallen around 2% after the business announced another update.
Is the NAB (ASX:NAB) share price a buy after announcing a $1.14 billion profit hit? The NAB share price is down 0.7% right now.
Looking for top dividend shares for 2020 and beyond? The four I mention in this article could be the top picks.
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