Daily FNArena News - Australia

Copper-gold miner OZ Minerals maintains guidance for 2017, despite heavy rain adversely affecting production in the March quarter. A delay has been flagged to the bankable feasibility study for the Carrapateena project.

Coca-Cola Amatil has signalled a decline in first half underlying net profit is likely. The Australian business is under pressure as consumption of carbonated soft drinks declines.

Moelis & Co asks the question whether beaten-down SaaS company iSentia is offering value at its lower price.

Expansion plans for PNG LNG remain uppermost in broker views on Oil Search, with several catalysts expected later in the year.

Brokers observe little valuation impact on Aurizon Holdings after Tropical Cyclone Debbie hit the Queensland coast early this month, although downside risks to the stock remain.

Brokers assess the early impact on Newcrest Mining’s flagship gold operation, Cadia, where mining has been suspended because of an earthquake.

Coal industry dynamics have become more complex for Whitehaven Coal, as it benefits in the near term from the reduced supply in Queensland resulting from Cyclone Debbie.

Prices achieved for iron ore in the March quarter have plunged, affecting Fortescue Metals, a high-volume, low-grade producer.

TPG Telecom has thrown down the gauntlet to Australian mobile businesses, confirming its intentions to become the fourth operator.

Brokers take a closer look at Origin Energy as the company is set to benefit from the next phase of higher electricity prices.