The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) appears set to open flat this morning despite a mostly negative session for international markets on Friday.
Here’s a quick recap:
- FTSE 100 (UK): down 0.68%
- DAX (Germany): down 0.42%
- CAC 40 (France): down 0.5%
- Dow Jones (USA): down 0.17%
- NASDAQ (USA): up 0.01%
The ResMed Inc. (CHESS) (ASX: RMD) and Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) share prices could both receive some attention today. In an announcement this morning, Fisher & Paykel said that a UK Court had ruled that a patent asserted against it by ResMed is invalid, allowing Fisher & Paykel to continue selling its high-performance masks in that country.
Praemium Ltd (ASX: PPS) said this morning that its funds under administration (FUA) across its global platforms and funds have now surpassed $7 billion. It has added $1 billion in FUA in less than 6 months following record inflows in the September quarter.
Meanwhile, some of last week’s best and worst-performers could be back in the spotlight today. That includes the likes of Orica Ltd (ASX: ORI) and a2 Milk Company Ltd (Australia) (ASX: A2M), which fell 13.2% and 8% respectively, as well as Westfield Corp Ltd (ASX: WFD), which rose 8.5%.
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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 A2 Milk. 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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