Daily FNArena News - Australia

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

The prospect that distributions from BWP Trust will remain flat for the next few years will weigh on investor sentiment and the way forward is likely to come from acquisitions

Gains in the mining sector spurred a 1.1% rise for the ASX200 in July, while Chinese stocks had the largest monthly decline in nearly a decade

As lockdown grips Australia’s largest city, automotive component supplier GUD Holdings has put off providing any guidance for FY22, while costs remain elevated

Credit Corp is charting difficult territory amid disruptions from government stimulus and lender forbearance, yet expansion in the US provides an opportunity to increase debt purchases

Afterpay’s weak quarter was ignored following a bid from Square which brokers acknowledge is advantageous, if a bit cheap, with competing suitors unlikely

Another downgrade to FY22 guidance by Origin Energy has signalled continued pressure on the balance sheet, only likely to be mitigated by the distribution from APLNG

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

Tailwinds show no signs of abating for Eagers Automotive as its order book continues to exceed supply, enabling full margins to be maintained

High iron ore prices provided a record interim pay-out for Rio Tinto shareholders yet there are challenges ahead in maintaining production volumes