Monthly Archives - February 2020

Breville (ASX:BRG) shot up 27.6%: ASX closed 0.2% higher

13 Feb 2020 - It has been a positive day of trade for the ASX, the local bourse managed to close 0.2% higher. Shares in Downer (ASX:DOW) continue to fall after reporting a fall in first half profit yesterday. Treasury Wine Estates (ASX:TWE) shares are tumbling after reporting yesterday that their current CEO, Michael Clarke, will retire. Collins Foods (ASX:CKF) says the settlement of the Federal Court proceedings commenced by Taco Bill Mexican Restaurants.

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TPG (ASX:TPM) and Vodafone merger to go ahead: ASX tracking 0.2% higher at noon

13 Feb 2020 - The ASX rose at the open and is now tracking 0.2% higher at noon. Breville (ASX:BRG) shares shot up after reporting half-year net profit up by 14.1%. The best-performing sector is Utilities, while the worst performing sector is Consumer Staples. Vodafone Hutchison Australia welcomes the Federal Court’s decision to allow the proposed merger with TPG Telecom (ASX:TPM) to proceed.

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AMP suffers $2.5 billion loss: ASX set to open higher

13 Feb 2020 - The ASX looks set to open slightly higher this morning. European shares also rose. Iron ore rallied. In the US the Treasury department reported that the US budget deficit for the first four months of fiscal 2020 is $389.2 billion. AMP (ASX:AMP) released their financial year 19 results showing net loss attributable to shareholders of $2.5 billion.

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