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Treasury Wine Estates Ltd (ASX:TWE) is a world-leader in winemaking and brand marketing with some 13,000 hectares of vineyards available and around 3,400 employees across 70 countries. Some of more popular brands include Lindeman’s, Penfolds, Pepperjack, Rosemount, Yellowglen and Wolf Blass.
The Treasury Wine Estates Ltd (ASX: TWE) share price has gone into the red today after the business provided a first-quarter update.
With vaccination rates ramping up across Australia, here are 3 ASX shares that will benefit from the reopening of borders.
Fast-fashion jeweller Lovisa Holdings Ltd (ASX: LOV) has seen profits rise 43% in FY21. However, it’s been the 56% increase in sales over the first eight weeks of FY22, which has got the market excited.
Shipping software provider WiseTech Global (ASX: WTC) share price has gone bananas today, rocketing 40% after the company released its FY21 results and smashed market estimates.
What a week of ASX Reporting Season! The results are in Commonwealth Bank (ASX:CBA), BHP Group Ltd (ASX:BHP), and CSL Limited (ASX:CSL).
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) continued its recent weakness with ASX Reporting Season a key drag on performance. Treasury Wine Estates Ltd (ASX:TWE) and BHP Group Ltd (ASX:BHP) remain in focus.
Australia’s largest wine company Treasury Wine Estates Ltd (ASX: TWE) returned to profit in FY21 despite negligible sales to China.
Anirban & Owen talk the latest in Buy Now, Pay Later (BNPL), including Apple (NASDAQ:AAPL), PayPal (NASDAQ:PYPL) and Afterpay (ASX:APT). Plus is Treasury Wines (ASX:TWE) or a2 Milk Company (ASX:A2M) a better takeover?
It’s wine o’clock for the Treasury Wine Estates Ltd (ASX: TWE) share price – up 17% over the month of May. Is now the time to buy?
