Brokers raise the spectre of whether soft September quarter sales numbers for Wesfarmers, particularly at Coles, are a sign of more weakness to come.
FNArena’s weekly update on short positions in the Australian share market.
Mirvac has signalled a strong performance across its business segments but brokers disagree as to the extent of income risk from apartment settlement defaults.
Construction management software service, Aconex, has taken time out to explain its revenue model amid concerns in the investment community and a sell-off in its shares.
Weekly Update on ASX-listed companies buying in their own stock.
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.