Today's ASX news
Why The Western Areas (ASX:WSA) Share Price Ended 4% Higher
The Western Areas Ltd (ASX:WSA) share price ended the week up 4.6% after announcing some news to the market.
July 7, 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 Western Areas Ltd (ASX:WSA) share price ended the week up 4.6% after announcing some news to the market.
AP Eagers Ltd (ASX:APE) has a plan to get its takeover of Automotive Holdings Group Ltd (ASX: AHG) approved.
The Eclipx Group Ltd (ASX:ECX) share price rose 20.6% today after making an announcement.
The Costa Group Holdings Ltd (ASX:CGC) share price is down around 1.7% after investors learned of a retirement within the business.
The Australian Prudential Regulation Authority (APRA) has announced it will go ahead with changes to the interest rate mortgage buffer.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.23% at lunch.
Retirees are faced with a difficult decision of what to do with their money after the Reserve Bank of Australia (RBA) decided to cut interest rates again to 1%.
Magellan Financial Group Ltd (ASX:MFG) has announced its June 2019 funds under management and its estimated performance fees for the year.
National Australia Bank Ltd (ASX:NAB) has a fully franked dividend yield of 6.2%, is that too good to ignore?
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