Daily FNArena News - Australia

Oil & gas producer Santos has clarified its intentions, hiving off several non-core businesses into a separate entity to renew its focus on key projects.

The government and aged care sector have reached broad agreement on funding and brokers welcome the reduction in uncertainty.

Origin Energy’s decision to spin off upstream oil & gas assets is seen as sensible but brokers have rushed to downgrade ratings on valuation.

Infrastructure, engineering and mining contractor, Downer EDI, has won a major contract for Sydney trains. Brokers mull over the growth potential ahead.

Michael Gable of Fairmont Equities provides a fundamental review of 2016 and thoughts on how longer term investors might approach 2017.

Gaming machine manufacturer Aristocrat Leisure is guiding to strong earnings growth, as the performance of its key titles enable gains in market share.

Expectations for the minerals and life sciences business of ALS Ltd have improved but questions remain regarding the timing of the turnaround.

The AGM update from telco Vocus Communications has weighed heavily on estimates and several brokers urge caution be applied to the stock.

Accounting software business MYOB is shaping up as a key player in the cloud but brokers are acutely aware that competition in that area is heating up.

Grocery, hardware and liquor wholesaler/retailer Metcash provided plenty for brokers to chew over in its first half results on a wide-ranging outlook for the stock.