Daily FNArena News - Australia

The outlook for Qube Holdings is gaining complexity, with the recent contract loss for its Patrick division, while substantial, not considered significant in the longer term.

Retail network Premier Investments continues to perform well although brokers note some tough comparables will be cycled in the current half year.

Brickworks has raised expectations for its investment portfolio and expanded margins in building products but several brokers note that beyond FY17, the cycle is turning.

Herbicide and pesticide producer Nufarm has a strong outlook for FY17, supported by cost savings and a better upcoming cropping season in Australia.

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.

TPG Telecom’s surprisingly weak guidance has some, but not all, brokers worried.

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

Brokers are positive about James Hardie’s strategy in the US but remain wary of the amount of time and financial investment required.

Macquarie Group has signalled FY17 earnings are likely to be broadly in line with FY16. Brokers are concerned about investors anticipating that guidance will be upgraded.