Daily FNArena News - Australia

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

Sirtex Medical’s salvage therapy for metastatic colorectal cancer should sustain high compound growth and returns, Morgan Stanley contends.

Fortescue Metals has outlined a joint venture deal with Brazil’s Vale for blending iron ore. Brokers mull the proposed benefits.

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

Morgans assumes coverage of paint and hardware manufacturer, Dulux, believing the company’s strong brand profile will enable it to weather any downturn in the housing market.

Regis Healthcare will acquire a portfolio from Masonic Care Qld. Brokers mildly question the price of the acquisition but like the quality of the assets.

Health insurers were thrown a lifeline by the government’s latest allowable premium rate increase but headwinds to margins persist.

Aveo Group is moving to a pure residential retirement business, recently acquiring Freedom Aged Care. Brokers consider this a fully priced but encouragingly large opportunity.

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.