Healthscope has rattled the market, announcing a very weak September quarter and flagging the prospect of a flat revenue outcome in FY17 if the trend continues.
Earnings declines, rising bad debts, potential dividend cuts, potential capital raisings – it’s not shaping up as a great reporting season for the Big Banks.
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
FNArena’s weekly update on short positions in the Australian share market.
Western Areas has worked hard to maintain profitability in the face of sluggish nickel prices. The recent rally in nickel has brokers assessing the outlook for the miner.
Speculation is mounting regarding the potential disposal of the Woolworths fuel business and Caltex has thrown its hat in the ring.
Weekly Update on ASX-listed companies buying in their own stock.
Challenger Financial Services is benefitting from new distribution agreements and strong annuity sales. That said, several broker consider the valuation stretched.
As oil production declines in its main area of focus, Senex Energy is leveraging its balance sheet to step up capital expenditure on exploration.
Current coal prices underpin the strong run-up in Whitehaven Coal shares but brokers are not so sure the heady times will last much longer.