Author - Craig Foley
23Dec

Restaurant Brands New Zealand (ASX:RBD) buy 70 KFC stores in California: ASX set to open lower

23 Dec 2019 - The ASX looks set to open lower this morning. There is no local data expected for this week as businesses slow down for the Christmas break. On Friday, Chinese leader Xi Jinping said the “phase one” trade deal is beneficial to both China and the US and the whole world. Restaurant Brands New Zealand (ASX:RBD) has today entered into an asset purchase agreement with a KFC US franchisee for the purchase of 70 stores.

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20Dec

Shares in Costa Group Holdings (ASX:CGC) rise on weather update: ASX closed 0.3% lower

20 Dec 2019 - After a positive start to the day the ASX dipped mid morning and failed to gain momentum closing 0.3% lower. Costa Group Holdings (ASX:CGC) saw their shares rise today following the release of a weather and water report. Jumbo Interactive (ASX:JIN) share price fell. Data management systems company Hansen Technologies (ASX:HSN), says that Sarah Morgan has resigned as a Director.

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20Dec

Jumbo (ASX:JIN) shares fall on half year results: ASX tracking 0.4% lower at noon

20 Dec 2019 - The ASX rose at the open but took a dip in mid-morning trade and is now tracking 0.4% lower at noon. Cimic (ASX:CIM) shares are on the up after they reported this morning that their subsidiary CPB Contractors, won 3 contracts worth $150 million from Rio Tinto (ASX:RIO). Jumbo Interactive (ASX:JIN) share price has plummeted after their first half performance wasn’t as strong as expected.

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20Dec

RBA and APRA set to “stress test” major banks and insurers for climate change vulnerability: Aus shares to open lower

20 Dec 2019 - The Australian share market looks set to open lower following mixed headwinds from overseas markets. The United States’ 3 main benchmarks hit record highs overnight on the back of comments from the US Treasury Secretary that a US-China trade deal would be signed in early January. Lendlease Group (ASX:LLC) has sold its troubled engineering business to Acciona Infrastructure Asia Pacific.

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