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Brokers Still Upbeat On Macquarie Group
May 06 2019
After posting profit of $2.98bn in FY19 Macquarie Group has somewhat unsettled investors by suggesting FY20 outcomes could be more subdued.
ResMed Gains Share In Core Sleep Market
May 06 2019
Sleep apnoea revenue partly offset weaker software-as-a-service revenue in the March quarter for ResMed, which is gaining share from the strong uptake of new products.
NAB Bites The Dividend Bullet
May 03 2019
National Australia Bank has reduced its dividend pay-out in the first half, largely as expected, although a capital raising came as somewhat of a surprise to brokers.
Orora Stacks Up Despite Slow Start
May 02 2019
Packaging business Orora is reviewing its cost structures after a slow start to 2019, although brokers consider the business well-placed in a softening economy.
Listings Slump Impinges On Domain
May 01 2019
Brokers suspect depressed real estate listings are likely to confront Domain for some time and several have moved their ratings to the sidelines as a result.
Exploration A Catalyst For Independence Group
May 01 2019
After record nickel production in the March quarter, brokers are looking for exploration success to extend and add value to Independence Group’s Nova mine.
Transurban Emphasises Domestic Outlook
Apr 30 2019
The current environment in bond markets is supporting Transurban and brokers do not envisage any change in status in the near term.
Better March Qtr But Coles Still Underwhelms
Apr 30 2019
Supermarket sales growth for Coles is expected to decelerate in the next couple of quarters as gains from its collectables campaign lose momentum.
Margin Recovery Central To Flight Centre
Apr 29 2019
Flight Centre has cut pre-tax profit guidance for FY19 for the third time and broker opinions diverge regarding the longevity of the contributing factors.
Northern Star Pins Hope On Pogo Recovery
Apr 26 2019
Gold miner Northern Star Resources had a less-than-stellar March quarter, largely because of delays to the arrival of new mining equipment at Pogo.
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