The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to open flat this morning following a mostly mixed session for international equity markets.
Here’s a quick recap:
- FTSE 100 (UK): up 0.85%
- DAX (Germany): down 0.22%
- CAC 40 (France): up 0.46%
- Dow Jones (USA): up 0.04%
- NASDAQ (USA): down 0.35%
The Commonwealth Bank of Australia (ASX: CBA) share price could receive some attention today. The bank is facing the prospect of hundreds of millions of dollars in penalties following allegations that it allowed thousands of potentially illegal cash transactions using its network. According to Australia’s financial intelligence and regulatory agency, AUSTRAC, the action alleges 53,700 contraventions of the AML/CTF Act.
The Computershare Limited (ASX: CPU) share price could receive some attention today. This morning, the company announced that it had agreed to sell its 50% interest in Indian venture, Karvy Computershare. The company expects to realise post tax proceeds of approximately US$90 million ($113.2 million) upon the completion of the sale.
The Tabcorp Holdings Limited (ASX: TAH) share price could also be in focus. The company reported a 2% increase in revenue for the year ended 30 June, as well as a net loss of $20.8 million. It also announced a final dividend of 12.5 cents per share, fully franked.
Crown Resorts Ltd (ASX: CWN) is expected to report its full-year financial results today, as well.
Meanwhile, Webjet Limited (ASX: WEB) announced the successful completion of the institutional component of its fully underwritten, 1 for 6 accelerated non-renounceable entitlement offer today.
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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia owns shares of Crown Resorts Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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