Brokers welcome Orora’s first major acquisition since its de-merger from Amcor, a specialist packaging business based in the US.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Weekly Update on ASX-listed companies buying in their own stock.
Regis Healthcare is ramping up its developments, intending to open 1,028 net new places in FY17. Brokers assess the outlook.
Super Retail posted a soft outlook for FY16 for its leisure segment, still engaged in trying to turn the Ray’s brand around.
Corporate Travel delivered a robust first half result which underpins its medium-term growth outlook.
Village Roadshow’s first half disappointed brokers, hampered by structural issues and poor weather. Opinion is mixed regarding the outlook, with strong growth levers appearing long dated.
Packaging producer Pact Group performed well in the first half, largely on the back of acquisitions. Brokers are looking for better organic growth ahead.
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.