Daily FNArena News - Australia

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

The Northern Territory government has initiated action to ban click-to-call services being offered by corporate bookmakers, a small positive for listed operators, Tabcorp and Tatts.

Air New Zealand will sell down its stake in Virgin Australia to Nanshan Group, and brokers speculate as to what the company might do with the proceeds.

Amcor has announced a write-down related to its Venezuelan manufacturing along with a restructuring of its flexibles footprint. Several brokers found the Venezuelan news disquieting. Others were unconcerned.

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.

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

Anxiety over the ability of aged care operators to mitigate proposed government cuts to funding has led to a sell off in the sector. Some brokers downgrade while others suggest a buying opportunity.

The latest report from Deloitte Access Economics suggests Australian retailers should not be complacent because of rising house prices and RBA rate cuts.

UGL has sounded the alarm regarding claims negotiations at Ichthys that are becoming bogged down. Brokers attempt to nail down the realities in the midst of an uncertain outlook.