The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to extend on yesterday's decline, following the lead set by many other equity markets around the world overnight.
Here's a quick recap:
- FTSE 100 (UK): down 0.92%
- DAX (Germany): down 1.12%
- CAC 40 (France): down 1.14%
- Dow Jones (USA): down 0.61%
- NASDAQ (USA): down 0.83%
Aconex Ltd (ASX: ACX) and Servcorp Limited (ASX: SRV) will likely remain under the market's watchful eye today. The pair were both slammed during Monday's session as a result of harsh profit downgrades.
MNF Group Ltd (ASX: MNF) has entered a trading halt today pending an announcement about a business acquisition and associated funding. The shares will likely re-emerge from the trading halt by Thursday, at the latest.
Collections management group Credit Corp Group Limited (ASX: CCP) released its financial statements for the December half. It reported a 15% increase in revenue and a 19% increase in profit.
Clydesdale Bank, or CYBG PLC CDI 1:1 (ASX: CYB) as it is referred to on Google Finance, reported that its first quarter trading was in line with expectations. Its mortgage book experienced annualised growth of 4.4% ahead of the market.
Carsales.Com Ltd (ASX: CAR) announced it had agreed to acquire 100% of the entities which own and operate the DeMotores online automotive classified websites in Argentina, Colombia and Chile, extending its geographical reach. The purchase price for the acquisition was $6.7 million.
Meanwhile, Carsales' fellow online classifieds business iCar Asia Ltd (ASX: ICQ) has released its quarterly update. It said that cash collections were up 20% on the prior year to $7.45 million.
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