Zip Co (Z1P) shares fall despite nearly doubling transaction volume
Z1P -1.46%: the BNPL company posted 1st quarter numbers with significant growth not enough to impress the market.
Calix (CXL) brings on ESG investor
CXL +39.69%: Our most recent purchase in the Emerging Companies Portfolio crashed through all-time highs today after selling a portion of a subsidiary to a US ESG investment firm.
Zip Co (Z1P) unveils future offerings
Z1P -2.7%: the BNPL company held an investor day as they start to shape the conversation about other avenues of revenues.
Zip Co (Z1P) shares flat on FY21 result
Z1P FY21 Result: not a lot of ‘earth shattering news’ from the BNPL company today with results in line with expectations.
Why did Zip Co (Z1P) rally today?
Z1P +13.73%: the AFR reporting overnight that US BNPL giant Klarna had picked up a 4% stake in the company.
Why are shares in The Reject Shop (TRS) down today?
TRS -10.28%: shares in discount supermarket business The Reject Shop have been sold off hard today.
Zip Co (Z1P) buys it’s way into Europe, Middle East
Z1P +0.85%: announced the acquisition of 2 small players for around $180m today.
Income Report: Asset allocation framework when targeting income
A better day for Aussie stocks playing out with the index tracking marginally higher at time of writing. The banking sector is providing some weight with ANZ down 0.74% to be the worst performer in the sector after passing on the full 0.25% cut to rates yesterday, while NAB is performing ‘relatively’ well down by just 0.08%. We trimmed our banking exposure in the Growth Portfolio yesterday, however have elected to retain current weightings for now in the income model.
