Daily FNArena News - Australia

Suncorp Group will sell two motor repair businesses to AMA Group, in a deal designed to improve utilisation of the repair shops while retaining a cost benefit.

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

Nufarm has addressed a vulnerable capital position with the sale of its South American crop protection business and investors can now focus on fundamentals.

Fonterra Shareholders’ Fund is dealing with a raft of problems and brokers take a cautious stance until there is evidence of traction in the proposed solutions.

Afterpay Touch is on the threshold of a substantial market opportunity and brokers eagerly await several potential positive catalysts.

Treasury Wine Estates expects to drive growth by investing in its French portfolio and offering the premium Penfolds brand to a wider consumer base in China.

Common themes exist for a2 Milk, Bubs Australia and Blackmores in their exposure to Chinese demand, and Wilsons sounds out the market while initiating coverage of the three.

Webjet has assured the market the impact from its partner Thomas Cook’s liquidation is minimal and there are plenty of other earnings drivers.

Increasing customer usage and avenues for growth both vertically and internationally have put Afterpay Touch in the box seat in the Buy Now, Pay Later segment.

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