Daily FNArena News - Australia

Despite heightened volatility, Pinnacle Investment Management appears well on the way to derive material success from its new ventures.

The ASX200 rose a measly 0.5% in July led by materials, technology and consumer staples; the August reporting season may find companies hesitant to provide guidance amid an uncertain outlook

Incitec Pivot has updated on the key components driving the business, amid challenging conditions stemming from low prices and the pandemic

Structural change in the wagering industry has met the coronavirus pandemic head on, resulting in heightened risks for Tabcorp.

Despite the challenges posed in FY21 Macquarie Group remains in a strong position to take advantage of any opportunities which present.

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

The dividend outlook for banks has weighed heavily on valuations since the onset of the pandemic and the resultant economic slump. Has the prudential regulator, APRA, set minds at rest?

Credit Corp has reflected the uncertain operating conditions in its broader FY21 guidance yet remains in a strong position in terms of its Australian PDL business.

A soft and volatile consumer environment has prevented GUD Holdings from issuing specific FY21 guidance but the outlook for automotive aftermarket revenue is robust.

Perpetual has taken a major step up in its global strategy with the acquisition of a stake in US fund manager Barrow Hanley, while signalling future dividend policy is likely to be lower.