Today's ASX news
Caltex (ASX:CTX) To Change To Ampol Brand, Share Price Down
The Caltex (ASX:CTX) share price is down 0.5% after the petrol giant announced a re-branding.
December 23, 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 down 0.5% after the petrol giant announced a re-branding.
The drought has caused more issues for Costa (ASX:CGC), but its share price is up 2% this morning.
The buy now, pay later industry, including Zip (ASX:Z1P) and Afterpay (ASX:APT), faces a ‘Code of Practice’. The share prices of Zip and Afterpay are up.
NAB (ASX:NAB) faces a potential fine of up to $10 billion, how will the share price react?
The Westpac (ASX:WBC) share price is down after APRA announced it’s launching an investigation into the major ASX bank.
The National Veterinary Care (ASX:NVL) share price is up by 53% on takeover news.
The Pushpay (ASX:PPH) share price is up over 4% after announcing an acquisition based in the US.
Nearmap (ASX:NEA) has announced a US acquisition, so its share price is on watch this morning.
The Webjet (ASX:WEB) share price will be on watch today on rumours that it’s a takeover target.
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