Daily FNArena News - Australia
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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.
Is AGL’s Bid For Vocus A Game Changer?
Jun 13 2019
As earnings levels peak, AGL Energy has sought a tie-up with telco infrastructure, making an offer for Vocus Group.
Confidence Dims For The Star
Jun 12 2019
Brokers have taken the knife to Star Entertainment forecasts but most see valuation support.
Cash Flow The Key For Syrah Resources
Jun 11 2019
Syrah Resources has downgraded production guidance for the June quarter, although brokers note stability in cash flow appears to be emerging.
Afterpay Touch Steams Into The US
Jun 07 2019
Payment provider Afterpay Touch has steamed into the US, with stellar growth in sales similar to that experienced when the business started up in Australia.
FNArena Corporate Results Monitor
Jun 06 2019
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
WorleyParsons Gains Enhanced Global Scale
Jun 06 2019
Brokers agree WorleyParsons is well placed to capture a large slice of work in global resources engineering but some concerns linger over the outlook for oil & gas.
RBA Rate Cut Just The Job
Jun 05 2019
How many more RBA rate cuts ahead? Opinions vary, but it will all depend on a fall in unemployment and subsequent rise in inflation.
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