Author - Craig Foley

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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CBA boosts financials : Aus shares finish 0.5% higher

12 Feb 2020 - The local sharemarket has closed half a per cent higher today with the sectors proving to be a bit of a mixed bag. Aquaculture company Tassal reported revenue of $274.49 million in the half year ended December 31, down 15.8 per cent on the previous first half.

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