BWX Limited’s [ASX: BWX] share price has increased by 40% at time of writing since opening this morning.
Neuren Pharmaceuticals Ltd [ASX: NEU] shares increased by almost 7% yesterday.
In the last five years, the All Ordinaries (largest 500 Aussie stocks) is up. But it’s nothing to write home about. Those that have ‘bought the index’ are up around 25%, before fees. Over a five-year stretch, that’s about 4.6% each year. It leaves a lot to be desired.
In April, Coca-Cola Amatil announced its plans to launch Amatil X, which is a new platform that can help Coke Amatil grow alongside its consumers.
Today, subscribers of Telstra’s services experienced a power outage across the company’s mobile network. This marks its second nationwide mobile outage this month.
With the Reserve Bank of Australia unable to flood the economy with cash, a recession may be the only way out Australia has. A lot more pain before any gain. While Australia was well placed in the last financial crisis, it doesn’t seem that will be the case the next time round. So will next time be the recession Australia needs to have?
The Australian Bureau of Statistics (ABS) says the top 20% of households have a median net wealth of $1,285,600, while the median for the next 80% is $378,600 — a ratio of 68:32. The top 20% has its own hierarchy. At the apex is the ultra-wealthy 0.4%, with a net wealth of more than $10 million.
Why is Amazon so successful? You could ask the same of hundreds of other successful businesses and the answer would be the same. They focus on added value for the customer. If customers want faster delivery times, Amazon will do it.
With its shares dropping by 3.15% today, Westpac has many issues to address to its shareholders in the wake of its struggle.
Right now we know that Australia is opening up the doors to legal medicinal marijuana. We think this is the prelude to a legal recreational market as well. We think that Canada is walking the path to which Australia will follow.