Daily FNArena News

Reliance Worldwide will acquire PTC fitting manufacturer John Guest and tackle expansion in Europe.

Wesfarmers will sell its troubled Homebase/Bunnings venture in the UK, a move welcomed by brokers as the financial outcome is better than feared.

Craig Parker of Moat Capital suggests that if the ASX200 can consolidate around current levels, another upside run is possible.

Most brokers were surprised at the strength of Aristocrat Leisure’s first half results, welcoming the strongly positive contributions from Plarium and Big Fish.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

Private health insurers are vulnerable, amid falling participation rates, to political manoeuvrings over the coming year which will result in downward pressure on premium increases.

The Chartist sees no reason why logistics REIT Goodman Group cannot move up significantly.

A glance through the latest expert views and predictions about commodities. Oil; aluminium; alumina; and Australian gold miners.

TechnologyOne has guided to FY18 profit growth of 10-15%, which suggests a substantial turnaround is required in its consulting division.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Morgan Stanley tackles the outlook for AMP, suggesting it may be time to review purchasing the stock.