The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to open slightly lower this morning following a mostly positive session for international markets overnight.
Here’s a quick recap:
- FTSE 100 (UK): up 0.36%
- DAX (Germany): up 0.37%
- CAC 40 (France): up 0.42%
- Dow Jones (USA): up 0.7%
- NASDAQ (USA): up 0.01%
A number of shares experienced major swings on Wednesday which could keep them in focus again today.
Crown Resorts Ltd (ASX: CWN) shares dropped 4.3% for the day following allegations of improper manipulation of poker machines at Crown Casino in Melbourne. The company released a brief response yesterday calling on Mr Andrew Wilkie MP to provide to the relevant authorities all information relating to the matters alleged.
Domino’s Pizza Enterprises Ltd. (ASX: DMP) shares could draw some attention after the company announced that its majority-owned German joint venture has entered into a binding agreement to acquire the “Hallo Pizza” china of 170 stores in Germany. The purchase price is for around $48 million (€32 million), plus an additional $30 million to $45 million (€20 million to €30 million) in integration, re-branding, store conversion and transaction costs.
And finally, Yowie Group Ltd (ASX: YOW) reported its quarterly results as well as an entry into Canada this morning. The company reported a ‘steady’ group net sales revenue of US$4.58 million for the first quarter, which is actually 7% lower than in the previous year.
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Motley Fool contributor Ryan Newman has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of ACONEX FPO and 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.