Daily FNArena News - Australia

Significant opportunity awaits Automotive Holdings and AP Eagers if they can successfully clear several near-term obstacles, brokers suggest.

SG Fleet has raised its profile in the UK with the acquisition of a fleet business, expected to provide a platform for further growth.

Several rail contracts are about to be awarded and success on any or all of the tenders could be a catalyst for re-rating Downer EDI, brokers note.

A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Rio Tinto delivered a first half result which was broadly in line, retaining a strict discipline on costs and a value-over-volume strategy.

FNArena’s weekly update on short positions in the Australian share market.

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Education services provider Navitas received a lukewarm reception from brokers after its FY16 results as its growth outlook appears subdued.

Seven West Media reported a surprisingly weak outlook for FY17 due to rising sports costs and falling TV advertising share.

Weekly Update on ASX-listed companies buying in their own stock.