Today's ASX news
How Woolworths (ASX:WOW) Plans To Use Our Diets To Grow Profit
Supermarket giant Woolworths Group Ltd (ASX:WOW) plans to utilise our diets and food choices to grow its profit.
June 21, 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.
Supermarket giant Woolworths Group Ltd (ASX:WOW) plans to utilise our diets and food choices to grow its profit.
The A2 Milk Company Ltd (ASX:A2M) share price is down over 1% on Chinese news.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.01% at lunch.
Boral Limited (ASX:BLD) has a plan to make $300 million from just one property.
Healthcare giant CSL Limited (ASX:CSL) has outlined the effects of transitioning to its own distributor model in China.
The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.95% on Thursday.
Is Commonwealth Bank of Australia (ASX:CBA) about to sell its CommSec Advisory business?
The Qantas Airways Limited (ASX:QAN) share price is down more than 2.5% after making changes to its frequent flyer program.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.23% at lunch.
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