Daily FNArena News - Australia

Wesfarmers has flagged its planned expansion into the personal care, health and well-being sector with a bid for Australian Pharmaceutical Industries that has surprised brokers

The outlook for Audinate’s market leading AV technology has improved amid a global turnaround in live sound and events

Despite the various city lockdowns and restrictions on travel, Viva Energy has grown its fuel volumes, underpinned by agriculture, resources and the regional retail network

Downside risks are looming to consensus estimates for Magellan Financial in FY22 after a record quarter of outflows

The business position of ASX remains strong as does cash flow, while there is potential upside in the future from rising interest rates

Successful cost reductions and divestments could provide desperately needed visibility to Lendlease’s value following last week’s profit warning, but brokers want greater clarity over future drivers of profitability

Gains for the technology sector spurred a 2.3% rise for the ASX200 in June, the eleventh month of gains for a financial year that returned 27.8%

Banks have been in the firing line for some time regarding regulatory issues and concerns over credit provisioning. Is the outlook any brighter now?

As Sydneysiders brace for another week of lockdowns a bidder has emerged for Sydney Airport, surprising the market and sparking speculation aplenty

IDP Education will garner the benefit of the recovery in Indian demand for English language testing after acquiring British Council’s IELTS operations