Daily FNArena News - Australia

Nib Holdings has updated on FY16 profit expectations, which are in line with prior forecasts, but brokers remain concerned about the trajectory for margins, for both nib and the sector as a whole.

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

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Several brokers have questioned whether Telstra can withstand the inroads competition is making into both its traditional fixed line and mobile networks.

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.