Today's ASX news
URB Investments (ASX:URB) Share Price Jumps On Takeover News
The share price of URB Investments Ltd (ASX:URB) has gone up over 7% after the business received a sizeable takeover offer.
October 14, 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 share price of URB Investments Ltd (ASX:URB) has gone up over 7% after the business received a sizeable takeover offer.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.77% at lunch.
Latitude Financial Group Limited (ASX:LFS) is scheduled to list on the ASX at the end of this week.
The big ASX banks of Commonwealth Bank of Australia (ASX:CBA), Australia and New Zealand Banking Group (ASX:ANZ), National Australia Bank Ltd (ASX:NAB) and Westpac Banking Corp (ASX:WBC) face an ACCC inquiry.
The Fisher & Paykel Healthcare Corp Ltd (ASX:FPH) share price has gone up 5% based on an increase of its guidance for its 2020 financial year.
Santos Ltd (ASX:STO) has announced a very large acquisition to investors, is the share price a buy on the news?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.09% on Friday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.74% at lunch.
Identifying a tailwind can be very useful for finding businesses that could make long term profit growth.
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