Today's ASX news
Downer (ASX:DOW) shares on watch after $155 million laundries sale
Downer EDI Limited (ASX:DOW) has agreed to sell most of its laundries business for $155 million.
December 2, 2020
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.
Downer EDI Limited (ASX:DOW) has agreed to sell most of its laundries business for $155 million.
The Mesoblast Limited (ASX: MSB) share price could soar today on news from the US FDA.
APRA has announced it’s taking action against Westpac Banking Corp (ASX:WBC). Here’s why,
The share prices of the ASX banks are up in reaction to rising house prices in the CoreLogic national index.
KFC outlet business Collins Foods Ltd (ASX:CKF) shares are up 10% after announcing more profit growth in its FY21 profit result.
The share price of neobank Douugh Ltd (ASX:DOU) is going nuts, it’s up 15% after announcing that it’s going to partner with BNPL business Humm Ltd (ASX:HUM).
The Macquarie Telecom Group Ltd. (ASX:MAQ) share price is up after holding an investor day presentation.
It seems like National Australia Bank Ltd (ASX:NAB) is recovering from the impacts of COVID-19. Are NAB shares a buy for dividends?
Equity-based insurance broker business AUB Group Ltd (ASX:AUB) has announced a major acquisition.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.