Daily FNArena News - Australia

Perseus Mining is slowly making progress in gaining investor confidence to mitigate the disappointment with its Edikan mine.

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

Woolworths has outlined further restructuring plans. Brokers approve of the strategy but expect the turnaround to take some time to reap benefits.

In the face of low bond yields, weak economic growth and low inflation, brokers assess the sectors which carry some of the best sustainable yields.

Brokers are encouraged by the cost reductions evident in the Santos June quarter numbers but await further clarity on GLNG developments in the first half results.

South32 maintains restructuring and cost reduction initiatives are largely complete but brokers remain cautious ahead of the August results.

Silver Chef’s maiden FY17 guidance has disappointed, prompting broker downgrades, although the story is not as bad as it may seem.

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.

The head office of Pizza chain Eagle Boy’s has reportedly entered into administration, opening the door for further Domino’s market share gains.