Today's ASX news
Plunging Profit, Pendal (ASX:PDL) Share Price Dives
The Pendal Group Ltd (ASX:PDL) share price has dropped 10% in early trade after announcing its half year result.
May 2, 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 Pendal Group Ltd (ASX:PDL) share price has dropped 10% in early trade after announcing its half year result.
Woolworths Group Ltd (ASX:WOW) has released its third quarter sales update to investors.
National Australia Bank Ltd (ASX:NAB) has cut its dividend in its half year FY19 result, is the share price a buy?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down by 0.75% on Wednesday.
Scentre Group (ASX:SCG) released its first quarter operating update yesterday.
The Super Retail Group Ltd (ASX:SUL) share price declined 8.8%, more than reversing the gains of yesterday.
The Bingo Industries Ltd (ASX:BIN) share price has gone up another 5.3% as its recovery continues from the recent binning.
The Bravura Solutions Ltd (ASX:BVS) share price jumped 8% today as investors responded to its presentation that was announced yesterday.
The Treasury Wine Estates Ltd (ASX:TWE) share price was up more than 1% earlier today in reaction to an ASX announcement.
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