News Corp is a variable-speed company, with weak or no growth in traditional print and publishing, while its online real estate and cable investments continue to blossom.
Online real estate advertising continues to underpin REA Group’s outlook with the only variable for brokers being the size of the upswing.
Weekly update on recommendation, target price, and earnings forecast changes.
Brokers remain divided over the outlook for CSR and just how long the housing cycle can underpin robust earnings growth.
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.
Weekly Update on ASX-listed companies buying in their own stock.
REA Group has moved to take over iProperty, in which it already has a 22.7% stake. Brokers are largely upbeat about the transaction.
Stockbrokers are quickly adding Australia’s three listed residential aged care providers to their stocks under coverage, seeing an ongoing growth opportunity.
Transpacific Industries will undergo further restructuring to remove duplication and defend and grow market share. Brokers laud the initiatives but remain cautious.