Online retail is killing bricks-and-mortar. Amazon.com, Inc. [NASDAQ:AMZN] and other online retailers have the cost advantage.
ASX share price news
Discover why these ASX share prices moved today and what it could mean for the ASX listed companies behind them. Brought to you by some of Australia's most forward thinking investment thinkers.
Earnings season is here, with investors reassessing their investments. It’s an important time to check on your investments.
I’m not saying the same thing will happen to a2 Milk. But you need to have a well thought-out reason why you believe a2 Milk will continue to growth rapidly in the future, before you invest.
Wesfarmers continues its downward trend this week with more bad news. Morgan Stanley reported that Wesfarmers’ Kmart and Target stores are likely to suffer when Amazon launches in Australia, noting that Australian department stores are more at risk than specialised retailers.
In the past 12 months, its share price has almost quadrupled. Since 9 May the share price has increased 22%, from US$102.94 to US$126.50 a share.
NVIDIA Corporation [NASDAQ:NVDA], a US$72 billion company, just ran up more than 17% in one day!
Shares of IOOF Holdings Limited [ASX:IFL] gained over 3.15% today. IOOF has gone on a poaching spree…for financial advisers.
Shares of Computershare Limited [ASX:CPU] gained over 3.58% today. Computershare said it is optimistic that margin income will increase in FY18.
Lynas Corp traded up 14.6% this morning to a high of 10.2 cents per share. The rare earth miner released their cash flow and quarterly activity report.
Village Roadshow Ltd [ASX:VRL] slumped more than 6% today, as the company’s second half performance is expected to be below the first half performance.
The government has approved Cheung Kong Infrastructure Holdings’ [HKG:1038] $7.4 billion foreign investment bid to take over Duet Group Forus.
The last thing iron ore miners like BHP Billiton Ltd [ASX:BHP] and Rio Tinto Ltd [ASX:RIO] need is uncertainty over iron ore demand.
You’d think a rise in the iron ore price, which has been hard to come by lately, would see Rio Tinto's share price rise by more than 25 cents.
Shares of Bluescope Steel Ltd [ASX:BSL] lost 8.42% today. The iron ore price has fallen to less than US$70 a tonne for the first time since November.
Shares of Metcash [ASX:MTS] lost over 3.7% today as it announced it will launch a new price matching program to stop share market loss.