Today's ASX news
Why Debt Has Sent The Fortescue (ASX:FMG) Share Price Higher
The Fortescue Metals Group Limited (ASX:FMG) share price has gone up by over 3% after the miner made a debt-related announcement.
September 6, 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 Fortescue Metals Group Limited (ASX:FMG) share price has gone up by over 3% after the miner made a debt-related announcement.
The Zip Co Ltd (ASX:Z1P) share price is up 7% in early reaction to news of its latest acquisition.
Is the Australia and New Zealand Banking Group (ASX:ANZ) share price worth buying for the 8.5% dividend yield?
Zip Co Ltd (ASX:Z1P) and Bubs Australia Ltd (ASX:BUB) just made it into the ASX 300 as part of the S&P Dow Jones Indices’ quarterly rebalance.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.30% on Thursday.
The share prices of both Speedcast International Ltd (ASX:SDA) and CYBG Plc (ASX:CYB) fell today, here’s why.
Record low interest rates is making it very hard to make enough money from your investments, but I think there are still ASX dividend opportunities around.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.00% at lunch.
The Magellan Financial Group Ltd (ASX:MFG) share price has risen more than 3% after the release of its monthly funds under management (FUM) update.
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