Sims Metal Management’s new five-year strategy has brokers abuzz with praise, but some signs of success will be needed before most are convinced.
Weekly update on recommendation, target price, and earnings forecast changes.
A wrap of the day’s activity on the Australian stock market.
Brokers welcomed the uplift in IAG’s expected margins for FY14 but still ask the question: Where is top line growth coming from ahead?
BHP met, or exceeded, production expectations in FY14 and FY15 guidance is strong. Still, many brokers are a little more reserved than the company’s raw numbers suggest.
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 outline their expectations for the coming results season and suggest up/downside surprise potential amongst individual stocks.
Real estate investment trust returns may not be spectacular but brokers expect they should offer up solid results at the upcoming reporting season.
As Telstra’s FY14 results loom brokers are speculating what might be done with the accumulation of cash.