In the meantime, BT can use the money saved from the dividend cut to fund its capital investments instead of raising debt.According to one leading industry firm, the 5G boom could create a global industry worth US $12.3 TRILLION out of thin air…It’s just ONE innovation from a little-known US company that has quietly spent years preparing for this exact moment…But you need to get in before the crowd catches onto this ‘sleeping giant’.The renowned analyst team at The Motley Fool UK have named So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. "Evans & Partners analyst Sacha Krien said the result in the months before COVID-19 hit highlighted a strong underlying trends across the business. “I just don't see them needing [a capital raising] given the recovery that you’ve seen in the business and the liquidity that the business has. BTFM and ACML will make submissions on the appropriate penalty in due course," Westpac said.Westpac shares were last 1.5 per cent lower at $17.15. Westpac is 1.4 per cent lower at $17.15 after ASIC announced it would be taking action against the bank for its fees-for-no-service scandal. Financials are down a collective 0.8 per cent as each of the Big Four banks sagged. We may also publish information about consumer credit, loan, mortgage, insurance, savings and investment products and services, including those of our affiliate partners.

Write-downs for dodgy accounting and lump sums to avoid litigation had a lot to do with the fall in net income, although it should be noted that BT has not been unprofitable and these are one-off charges.At the same time debt grew from £14.76bn in 2016 to £25.89bn in 2020, and operating cash was being gobbled up by capital spending.

Just two of the 20 biggest companies have added to yesterday's tally, while the banking, mining and health heavyweights are lower. All rights reserved. 2020 BT Industries LLC Box Canyon Showdown, Sept. 4-6, @ Twin Peaks Rifle Club....Southern KS. The Motley Fool Ltd. The ASX 200 is down 46.5 points at 6121.1 at 2.30pm AEST, having sagged as low as 6096.7 on a weak Wall Street lead. It's been a huge week of reporting season news, and this session was no exception. BT is upgrading its broadband and mobile network, sprucing up its stores, recruiting engineers and bringing call centres back to the UK. Net income, unfortunately, went the other way over and fell from £2.47bn in 2016 to £1.37bn in 2020. The benchmark index is now behind 0.1 per cent for the week. Check out © 1998 – 2020 The Motley Fool.

In 2020, apart from the mining industry, how to maintain and increase the value of assets and even outperform the stock market through cryptocurrency investment? I must admit I am worried about the mental health and well-being and the ramifications should shutdowns be extended.

Commonwealth Bank dropped 1.1 per cent to $70.26 and ANZ was 1.2 per cent weaker at $18.46.Property stocks rose on positive results for Charter Hall Group, Mirvac, and Growthpoint, though the energy sector was in the dumps on an oil price decline and poor earnings figures from Origin and Santos.Thanks for joining us today on the Markets Live blog. In a sign of the potential for a hefty penalty, ASIC says the maximum penalties for the alleged contraventions by StatePlus are between $1.7 million and $2.2 million per contravention.First State Super said the alleged conduct by StatePlus occurred mainly before it owned the business, but it had fully compensated affected clients. The Australian sharemarket is down 0.8 per cent under the weight of losses for the health, banking and mining giants, though a few earnings surprises have helped reporting companies surge.