Daily FNArena News - Australia

The skew to the second half has increased for Boral as weather-related delays hamper building projects, causing a downgrade to earnings guidance for the first half.

Rather than take part in the corporate trust market consolidation, Link Administration has opted to sell this division, freeing up capital to pay down debt and focus on other segments.

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

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

GUD Holdings is confident organic growth in its automotive business will return to historical levels in the second half. Several brokers prefer to wait and see.

Unplanned outages at the ammonia and phosphate plants have affected sentiment toward Incitec Pivot, while fertiliser and explosives prices are key going forward.

While the Australasian market remains benign, Credit Corp has set its sights on US expansion, where it is now buying debt ledgers from the largest seller in that market.

Steven Everett of Belvedere Share Managers shares his perceptions of the changes being made by new management at G8 Education.

The core sleep therapy business of ResMed remains solid but brokers and the market have judged the stock harshly as details emerge regarding the cost of acquisitions.

The market opportunity for Netwealth is substantial and brokers are prepared to look through the negative flows in the December quarter, although valuation remains a sticking point.