Daily Financial News - Australia

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Latest Stories

Sandfire Resources’ copper project acquisition in Botswana looks very promising to brokers but it is not without inherent risk.

1:03 PM

Collins Foods has driven a solid earnings result supported by KFC Australia. Brokers are keen on growth opportunities ahead and the defensive attributes of the stock.

Jun 26 2019


Brokers diverge on whether Caltex’ profit warning represents deep-seated problems or an opportunity to buy.

Jun 26 2019

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Jun 26 2019


Previous Stories

Aveo Group Now A Binary Proposition

Jun 26 2019

Struggling retirement village developer Aveo Group may have been thrown a lifeline by a potential suitor, but the picture is not pretty if the deal falls through.


Metcash: Value Or Value Trap?

Jun 25 2019

Yesterday’s share price reaction to an earnings miss from Metcash makes the stock look cheap, but is it a “value trap”?


Adairs Confounds Analysts

Jun 24 2019

Analysts are scratching their heads as to why Adairs’ sales have suddenly collapsed but see value in the stock after Friday’s big share price fall.


CYBG Plans To Be In The Money With Virgin

Jun 21 2019

Financial group CYBG plans to exploit its under-utilised customer base through enhanced products and services, re-branding as Virgin Money by the end of the year.


Link Administration Highlights Expansion

Jun 20 2019

Link Administration is keen to highlight expansion and growth opportunities, although brokers remain concerned about pockets of weakness and volatility.


Buybacks Underpin BlueScope Steel

Jun 19 2019

BlueScope Steel provided a disappointing update for the market, downgrading earnings guidance amid soft building product volumes in both Australia and North America.


Ramp-Up Delay Hinders Pilbara Minerals

Jun 18 2019

Pilbara Minerals is reducing its output of lithium from Pilgangoora to meet the requirements of its offtake partners as its refinery ramp-up is behind schedule.


Aussie Disconnected From Commodity Prices

Jun 18 2019

ANZ Bank economists note the Aussie dollar is no longer being supported by commodity prices as has typically been the case.


Ultra-Low Interest Rates Hobble Challenger

Jun 14 2019

Disruptions to the adviser group and ultra-low interest rates are providing significant headwinds for Challenger. Brokers, while disappointed, welcome the re-setting of targets.


Wesfarmers Nets Catch Group

Jun 13 2019

Online retailer Catch Group is the purchase of the day for Wesfarmers, expected to enhance the offering from Kmart and Target.



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