Daily FNArena News - Australia

ABARES has upgraded its forecasts for the Australian east coast winter crop, which points to a more robust outlook for grain handler and processor Graincorp.

Despite the potential for softness to continue into FY21, IPH Ltd has a resilient patent filing business with a broad geographic reach which should allow it to bounce back.

The ASX200 rose 2.2% in August with technology and consumer discretionary leading the way during the reporting season, while further trading updates are expected during the upcoming AGM season.

Significant disruptions to rental returns for retail and office A-REITs have led to the scrutiny of balance sheets post the August reporting season, but is the market overdoing its concerns?

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

IOOF is set to become one of the largest wealth managers in Australia as it acquires the MLC business from National Australia Bank.

Better weather should drive improved profitability for Nufarm in FY21 and the company is also emerging from some of the problems that beset its business in Europe.

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

Evolution Mining has confirmed its reputation as a consistent performer in the gold sector, although most brokers assess this is reflected in the price.

Competition in the Buy Now Pay Later market is accelerating, as rivals are attracted to the economics generated by first mover Afterpay. How well can the two local providers withstand the onslaught?