Morgans assumes coverage of paint and hardware manufacturer, Dulux, believing the company’s strong brand profile will enable it to weather any downturn in the housing market.
Regis Healthcare will acquire a portfolio from Masonic Care Qld. Brokers mildly question the price of the acquisition but like the quality of the assets.
Health insurers were thrown a lifeline by the government’s latest allowable premium rate increase but headwinds to margins persist.
Aveo Group is moving to a pure residential retirement business, recently acquiring Freedom Aged Care. Brokers consider this a fully priced but encouragingly large opportunity.
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.
Brokers welcome Orora’s first major acquisition since its de-merger from Amcor, a specialist packaging business based in the US.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Weekly Update on ASX-listed companies buying in their own stock.
Regis Healthcare is ramping up its developments, intending to open 1,028 net new places in FY17. Brokers assess the outlook.