Daily FNArena News - Australia

FNArena’s weekly update on short positions in the Australian share market.

Prices for Incitec Pivot’s key fertiliser products are subdued and brokers are unsure when the market will signal a nadir has been reached.

REA Group highlights continued softness in Australian online real estate listings but unconcerned brokers are upgrading their ratings.

Weekly Update on ASX-listed companies buying in their own stock.

Caltex has raised speculation over the bidding for the Woolworths fuel outlets after its acquisition of a small Victorian re-seller.

Domino’s Pizza impressed most brokers with its AGM update, revising up long-term margin targets and earnings growth guidance.

Flight Centre has issued weak guidance, signalling a significant skew to the second half in FY17. Brokers are sceptical growth will be easy to achieve.

Mining services business Orica will be flat out making sure its business improvements stay ahead of increasing costs and price re-sets, brokers believe.

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.

French owner ENGIE has announced Victoria’s Hazelwood power station will close in March and higher wholesale electricity prices are expected as a result.