Daily FNArena News

Fortescue Metals has high hopes its greening credentials will attract a product premium yet, in the here and now, the focus remains on the iron ore price

Michael Gable of Fairmont Equities notes that after a choppy period, wealth platform Hub24 has broken up on strong volume.

As Australian Finance Group negotiates the impact of lockdowns on mortgage activity, transactions are likely to be becalmed before bouncing back further into FY22

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

Existing customers have provided a glide path for insurance software platform Fineos Corp and strong earnings growth is anticipated in FY22

Balancing prospective demand with the large expenditure and long timeframe required to build out data centres has meant, after a restrained FY21, NextDC has renewed plans for FY22

Despite strong advertising markets providing potential for earnings growth, the market reacted negatively to Nine Entertainment’s higher investment in content

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

Soaring labour costs and reduced productivity are currently hampering Monadelphous, yet LNG projects and the clean energy transition represent new catalysts

While the pandemic has been a net positive for Reliance Worldwide, brokers now see the longevity of the covid-related spending boost as the biggest uncertainty