Daily FNArena News - Australia

Retailer JB Hi-Fi boasts a firm platform for growth, brokers contend, supported by Dick Smith’s voluntary administration.

Brokers are taking sides on whether a recent share price dip provides a buying opportunity or whether REA Group is fairly valued and in need of further catalysts.

Macquarie Group’s latest update has signalled to brokers the upgrade cycle is nearing an end and there are fewer sources of positive momentum.

Ansell has downgraded its earnings outlook after a weak sales performance in January, resulting in a number of broker ratings downgrades.

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.

Fletcher Building will acquire private NZ road builder, Higgins Group, cementing and adding to its position in the construction and infrastructure market in the South Pacific.

Navitas posted a modestly upbeat first half, sweetened by the announcement of a buy-back.

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

Orica chose not to provide updated guidance at its AGM, but brokers suspect an earnings downgrade could eventually materialise.