Daily FNArena News - Australia

FY24 offered Ai and share market polarisation, but also a double digit return at the index level for the second year in a row

Insurance broker Steadfast is taking a measured, longer term approach to domestic and international expansion, organically and inorganically

Last week’s investor briefings saw management at Aristocrat Leisure communicating some aggressive aspirational targets

Analysts praise the Reece business but harbour valuation concerns and sound caution around housing markets in both the US and the A&NZ region

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

New guidance for Evolution Mining’s assets includes greater capex than analysts had assumed. Yet greater clarity also provides greater faith in the miner’s longer term plans

FY24 results showed relative resilience, but also slowing sales momentum. With margin improvement unlikely in the short term, management at Collins Foods is focusing on M&A opportunities

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

While Metcash has enjoyed resilient food & liquor sales, hardware has been hit by the building downturn. Analysts nevertheless see brighter times ahead

Treasury Wine Estates is seeking to become more of a luxury wine brand in the US, and in China, now that tariffs have been lifted. Analysts are encouraged by the company’s new three-year plan