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S&P/ASX 200 Pre Market News

Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Thursday morning.

Here are the headlines from the S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) and Australian finance circles on Thursday morning.

But first, here are the data points:

Australian Dollar ($A) (AUDUSD): 74.06 US cents

Dow Jones (DJI): down 0.3%

Oil (WTI): $US67.85 per barrel

Gold: $US1,225 per ounce

Australian Investing News

Making finance news, ResMed Inc. (CHESS) (ASX: RMD), the global biotechnology company, is expected to release its fourth quarter financial results today.

Analysts surveyed by Bloomberg expect the $US15 billion ResMed to report a profit of $358 million and a fourth quarter dividend of $0.1441 cents per share.

Funerals business InvoCare Limited (ASX: IVC) announced the conditional acquisitions of Grafton & District Funerals and Clarence Valley Funerals. Operating in the Clarence Valley region of NSW, the companies conduct 300 funerals per year and generate revenue of $2 million.

Also in the headlines, Apple Inc (NASDAQ: AAPL) stock rose almost 6% overnight following the release of its third-quarter results. Apple sold more than 40 million iPhones in three months. Read more here.

More to come.

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Owen Raszkiewicz

Owen is the Chief Investment Officer of Rask Invest and Founder of Rask. Since founding The Rask Group in 2017 in the hillside suburb of Upwey, Victoria, Owen has overseen the growth of the Rask platform to over 200,000 investor followers. He holds a Master's Degree of Applied Finance, Master's Degree of Financial Planning, and Bachelor's Degree in Technology.
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