Today's ASX news
CSL (ASX:CSL) reveals US$450 million acquisition
CSL (ASX:CSL) has announced a US$450 million acquisition to the market, AMT-061.
June 25, 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.
CSL (ASX:CSL) has announced a US$450 million acquisition to the market, AMT-061.
Qantas (ASX:QAN) has announced a very big capital raising this morning. It’s asking investors for $1.9 billion.
CSR (ASX:CSR) has announced a FY21 trading update during its annual general meeting (AGM).
Sonic (ASX:SHL) has announced a healthy update this morning, sending its share price higher by 2.5%.
APA (ASX:APA) has announced its estimated final distribution for the six months to 30 June 2020.
Mirvac (ASX:MGR) has announced its distribution and valuation update for the year ending 30 June 2020.
Infigen (ASX:IFN) has received another takeover offer. This one is from Iberdrola Renewables Australia, which is ultimately owned by a Spanish company.
Afterpay (ASX:APT) has announced a very promising UK update, how will the share price respond?
The Harvey Norman (ASX:HVN) share price is up more than 4% after releasing FY20 profit news.
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