Author - Craig Foley

Shares in Webjet (ASX:WEB) fly after media speculation response: ASX closed 0.7% higher

12 Dec 2019 - It has been a positive day of trade for the ASX the local bourse managed to close 0.7% higher after a strong afternoon rally. Webjet (ASX:WEB) rose almost 10% after dismissing media speculation that it was a takeover target. IMF Betham (ASX:IMF) reports that the Federal Court of Australia has approved the deed of settlement in the Forge securities class action.

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Westpac-MI consumer sentiment drops 1.9%: ASX is tracking 0.2% higher at noon

12 Dec 2019 - The ASX has risen at the open despite weak leads from Wall Street. It is now tracking 0.2% higher at noon. Shares in Webjet (ASX:WEB) went up today after they responded to media speculation surrounding expressions of interest in the company. They say there is currently no such proposal. Shares on the decline include EML Payment (ASX:EML) and Pro Medicus (ASX:PME). Virtus Health (ASX:VRT) has exercised its second and final option to acquire a further...

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US/China poised to delay tariffs: ASX set to open flat

11 Dec 2019 - Following a lacklustre day yesterday from the US markets, the ASX looks set to open flat this morning. It’s been reported that US and China are planning on delaying the next round of tariffs set for Sunday. The Flight Centre Travel Group (ASX:FLT) has expanded its global leadership team to increase the focus on leisure and corporate travel growth.

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