Daily FNArena News

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

The Chartist reports McMillan Shakespeare is in a strong technical position.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Brokers consider the outlook for SmartGroup and McMillan Shakespeare is improving as regulatory risks abate.

Metcash produced a FY16 result that was largely as expected, with the challenges in the food & grocery segment continuing to divide brokers.

Michael Gable of Fairmont Equities highlights three UK-exposed stocks that should benefit from a Brexit rejection, with Platinum Asset Management standing out.

St Louis Fed president’s sharp turnaround to assuming no more than one Fed rate hike out to 2018 shocked markets. Here Bullard explains that back-flip.

US reactor shutdowns and Japanese restart delays had uranium traders heading for the exits last week as buyers backed off, sparking a significant price drop.

Brokers remain positive on insurance broker Steadfast in the longer term, but see little near term upside.

Increases in scrap prices in April and May have not held up in June, leading some brokers to downplay the outlook for Sims Metal Management.

Rising interest in lithium, coupled with a surge in the iron ore price earlier in the year, has lifted Mineral Resources to new heights forcing several brokers take a cooler approach to the stock.