At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) has bounced back from a poor start and is pushing higher. The benchmark index is currently up 0.25% to 7,387.5 points.
Here's what is happening on the ASX 200 today:
Aristocrat's shares fall on full year results
The Aristocrat Leisure Limited (ASX: ALL) share price has fallen today despite releasing a strong full year result. For the 12 months ended 30 September, Aristocrat delivered a 14.4% increase in revenue to $4.7 billion and an 81% lift in normalised NPATA to $864.7 million. This was driven by growth across North American Gaming Operations, North American and ANZ Outright Sales, and Pixel United's (formerly Digital) mobile games segment.
Evolution shares jump
The Evolution Mining Ltd (ASX: EVN) share price is jumping today after announcing the acquisition of Ernest Henry Mining for $1 billion. This acquisition will see the world-class Ernest Henry copper-gold mine located near Cloncurry, Queensland join Evolution's portfolio. Evolution expects the transaction to increase its copper production while lowering its all-in sustaining cost (AISC) per ounce.
Altium shares rise on guidance update
The Altium Limited (ASX: ALU) share price is charging higher following the release of its annual general meeting update. At the meeting, Altium's CEO, Aram Mirkazemi, revealed that the company is back on form and on track to achieve its guidance in FY 2022. He commented: "We are set to achieve our fiscal 2022 guidance of 16-20% revenue growth and we are powering our growth engines of CAD, Cloud and Digital Bridges to not only dominate but to transform the electronics industry."
Best and worst ASX 200 performers
The best performer on the ASX 200 on Thursday has been the Evolution share price with an 8% gain following its acquisition announcement. Going the other way, the worst performer has been the Aristocrat share price with a 4% decline following its full year results release.
