Daily FNArena News - Australia

WorleyParsons is increasing its exposure to the maintenance, modifications and operations market with an acquisition in the North Sea. Brokers are undecided.

The healthcare industry faces several developments which could influence stock performances in the next few months. A key item is reform to the Australian government’s Prostheses List.

Orchardist Costa Group appears well placed to deliver solid earnings growth, as it conducts efficiency programs and upgrades facilities.

A delay in finalising some consulting contracts has led Technology One to downgrade FY17 profit forecasts but brokers observe the business continues to perform well.

Beach Energy plans to acquire Lattice Energy, substantially increasing its scale and diversity.

Yarra Trams has ditched APN Outdoor and HT&E, continuing the merry-go-round of outdoor advertising contracts.

Brokers find picking and choosing A-REITs since the reporting season is mostly about identifying divergent growth trajectories.

Confusion reigns in Australia’s gas market and brokers try to make sense of the outlook for gas supply and prices from the official rumblings.

AGL is at the centre of a political storm, intending to close the coal-fired Liddell power station by 2022, while benefitting from the surge in electricity and gas prices.

EclipX is leveraging its capabilities in corporate fleet leasing to provide a platform for customers to completely manage motor vehicle requirements.