Daily FNArena News

Governments have been slow to adopt sovereign crisis bonds, but covid has proven a shot in the arm, if not without controversy

To obtain a cleaner image, Aurizon Holdings is swinging the business towards bulk haulage and reducing coal exposure yet this is expected to take time and be capital intensive

While FY21 results and forward guidance appear rosy for Elmo Software, a weather eye should be kept on cash burn and overall liquidity

Suncorp has underscored confidence in FY22, with a special dividend and buyback announced after profit and premium growth returned in FY21

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

Despite heightened market uncertainty due to the recent round of lockdowns, brokers expect strong earnings growth to underpin market performance during the August reporting season

Michael Gable of Fairmont Equities notes that having suffered a sharp sell-off in July, Cochlear has now broken up through resistance

A mention of buybacks sparked interest in the capital return policy of News Corp while real estate and digital investments drove a strong FY21, except for REA Group

Notwithstanding the difficulties in satisfying a surge in demand for sleep apnoea devices, ResMed should win market share. The main question is how much?

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