Daily FNArena News - Australia

Woodside Petroleum has surprised by acquiring a stake in the Scarborough gas fields, although brokers do see possible benefits for the North West Shelf.

Packaging producer Pact Group is expanding, moving into the manufacture of tablets and capsules with the acquisition of Australian Pharmaceutical Manufacturers.

Alumina Ltd has cut a better deal from its AWAC joint venture with Alcoa and brokers welcome the development.

Packaging container business Amcor has increased its diversified products exposure, prompting mixed responses from brokers.

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.

Finance provider business FlexiGroup has affirmed its growth targets as it undergoes a re-balancing of its business mix.

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

After making a significant loss in FY16, the outlook is improving for gold miner Perseus Mining brokers believe.

Star Entertainment is harnessing the buoyant inbound tourist market with its marketing strategy aimed at drawing more business into its casinos.