Monthly Archives - November 2019

Westpac (ASX:WBC) shares down after CEO resignation: ASX tracking 0.5% higher at noon

27 Nov 2019 - The ASX opened lower and made moderate gains throughout the morning. It is now tracking 0.5% higher at noon. Meanwhile, Westpac (ASXWBC) shares are down after their CEO stood down yesterday. Woolworths Group (ASX:WOW) CEO Brad Banducci and Woolworths Group Chairman Gordon Cairns have acknowledged their leadership responsibility for the payment shortfalls to salaried team members.

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Alibaba makes Hong Kong debut: ASX poised to open lower

27 Nov 2019 - The ASX looks set to open lower despite US markets closing higher. US China trade negotiations rumble along keeping investors on their toes. Stocks in the US rose. Investors in China are finally able to own Alibaba shares after its debut in Hong Kong. Virgin Money UK (ASX:VUK) says Clive Adamson, a Non-Executive Director, intends to step down from the Board.

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