Daily FNArena News - Australia

Magellan Financial has introduced several new investment strategies designed to keep fund flow happening over the medium term.

Resilient supermarket tenant income stands Shopping Centres Australasia in good stead as the Covid-19 pandemic impacts retail activity.

Strength in new US housing starts drove another forecast-beating performance from James Hardie in the first quarter and new product releases later in 2020 are expected to provide even more gains.

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

A slump in retail rental income has impacted heavily on GPT Group but the proportion of office/logistics income and development is rising as a counter weight.

Aurizon Holdings faces several challenges in FY21 not the least being the weak coal pricing affecting haulage earnings.

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

The market for real estate listings has rebounded sharply from pandemic-related weakness and REA Group appears well placed for volume growth in FY21.

Has demand for ventilators stemming from the pandemic run its course? The main issue for ResMed in the near term is whether a reduction in ventilator sales will be countered by a recovery in its sleep business.

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