Sales for Super Retail were soft in the September quarter as the company continues to take action to address problematic parts of its leisure, automotive and sports businesses.
Coca-Cola Amatil has refreshed its strategy with a focus on still beverages, expanding categories in beer and coffee and growing its business in Indonesia.
Healthscope has rattled the market, announcing a very weak September quarter and flagging the prospect of a flat revenue outcome in FY17 if the trend continues.
Earnings declines, rising bad debts, potential dividend cuts, potential capital raisings – it’s not shaping up as a great reporting season for the Big Banks.
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
FNArena’s weekly update on short positions in the Australian share market.
Western Areas has worked hard to maintain profitability in the face of sluggish nickel prices. The recent rally in nickel has brokers assessing the outlook for the miner.
Speculation is mounting regarding the potential disposal of the Woolworths fuel business and Caltex has thrown its hat in the ring.
Weekly Update on ASX-listed companies buying in their own stock.
Challenger Financial Services is benefitting from new distribution agreements and strong annuity sales. That said, several broker consider the valuation stretched.