Daily FNArena News - Australia
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Divergent Views On National Australia Bank
Nov 14 2019
National Australia Bank has prevailing themes in common with its major peers yet brokers diverge in their views on the outlook for the stock.
Reprieve For CommBank Likely Shortlived
Nov 13 2019
Despite a reprieve in the first quarter, margin pressures are expected to continue for Commonwealth Bank. Will the bank sustain its dividend?
Financial Advisers Leaving In Droves
Nov 13 2019
The flood of financial advisers leaving the industry post Royal Commission continued in the September quarter, and a growing number of those remaining are eschewing institutional association.
James Hardie Set To Perform Strongly
Nov 13 2019
James Hardie delivered a very robust first half, lifting forecast profit for the full year and raising expectations for a re-rating.
Diversity Helps Elders But Soft Outlook Prevails
Nov 12 2019
Brokers observe Elders has withstood the impact of the drought better than many of its peers in FY19 thanks to its diverse earnings streams, although the outlook is subdued.
FNArena Corporate Results Monitor – 11-11-2019
Nov 11 2019
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Amcor Grasps The Nettle On Reusable Plastic
Nov 11 2019
Amcor has made a solid start to FY20 amid cost savings from the Bemis acquisition. Moreover, brokers have brushed aside plastic sustainability concerns.
Amazon Puts Zip Co Payments In The Basket
Nov 08 2019
Payment provider Zip Co has been boosted by the announcement of a strategic partnership with Amazon Australia.
Claims Costs Hurt Medibank Private
Nov 07 2019
The trajectory of Medibank Private’s margins is worse than many anticipated, after the company flagged higher claims inflation.
Brokers Tick Iluka’s Review But Doubt Outlook
Nov 06 2019
While reviewing the structure of its principal operations, Iluka Resources anticipates a market deficit in zircon and tight feedstock supply should underpin a positive outlook for 2020.
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