Twitter & Square Founder, Jack Dorsey has reached a deal to acquire Australia’s Afterpay in an all-stock transaction The digital payments company known for its popular Cash App – Square is acquiring Afterpay, an Australian ‘buy now, pay later’ (BNPL) operator in a “game-changing” A$39 billion (US$29 billion) deal – the largest corporate acquisition deal...Read More
The latest Australian corporate earnings reporting season is now underway, and it’s widely expected many listed companies will announce cuts to their shareholder dividend payments. This should not really come as a total surprise to equity investors. While the full impact of the COVID-19 pandemic on company earnings will be unfolding for some time, it...Read More
If you blinked in late March, you may have missed it. But that was the time when global equity markets, having fallen by more than 35 per cent since mid-February amid the rapid spread of COVID-19, started to reclaim lost ground. To be more precise, the exact day in Australia was Tuesday, March 24. After...Read More
Australian shareholders are set to reap around $27.5 billion in interim company dividends over the next two months, courtesy of the latest corporate earnings season. Those dividend flows will be very welcome to many investors during some of the most volatile market trading conditions on record, and following another cut to official interest rates last...Read More
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