Daily FNArena News - Australia

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.

Demand for wine is growing in China and Treasury Wine Estates is well placed for the push into that market, but several brokers suspect the growth implied in the share price is excessive.

Challenger’s investor briefing provided brokers with more assurance on platforms in place for growth. The main question is whether the stock is overvalued or not.

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.

Fisher & Paykel Healthcare has extended its track record of beating guidance with a robust FY16 result and brokers expect more of the same in FY17.

The results of the Australian Investors’ Sentiment Survey for May are in and they show investors have become even more cautious.