At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) is giving back a good portion of yesterday’s gains. The benchmark index is currently down 0.45% to 6,809.8 points.
Here’s what is happening on the market today:
Woolworths half year results
The Woolworths Group Ltd (ASX: WOW) share price is pushing higher following the release of its half year results. The retail giant reported a 10.5% increase in revenue to $35.8 billion and 15.9% increase in net profit after tax to $1,135 million. This compares favourably to what analysts at Goldman Sachs were forecasting. They expected revenue of $35,789.7 million and a first half net profit of $1,030.2 million.
Blackmores jumps on improved performance
The Blackmores Limited (ASX: BKL)…