Daily FNArena News - Australia

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.

BT Investment Management justifies its position at the top of the league table, brokers suggest, producing strong inflows in the March quarter.

Theme park and entertainment business Ardent Leisure will slow down the opening of new Main Event centres as it focuses on refurbishing legacy centres.

Discount store chain, The Reject Shop, has signalled sales continue to contract in the second half and its marketing strategy has not provided the turnaround that was expected.

JB Hi-Fi posted accelerating sales growth in its core business in the March quarter. Meanwhile, CEO of The Good Guys will leave at the end of April, to be replaced by a former JB Hi-Fi CEO.