Daily FNArena News - Australia

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.

Several negative factors made an impact in the second half and Flight Centre downgrades FY15 expectations. Brokers are most concerned about loss of market share.

Brokers consider the sell off in Seek after the downgrade to FY15 estimates overdone, as despite the difficulties in the learning segment, the business outlook remains firm.

Western Areas will purchase the Cosmos nickel project from Glencore Xstrata. Brokers welcome the potential expansion this offers.

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

Weekly update on recommendation, target price, and earnings forecast changes.

JP Morgan analyses some of the differences in the financial make up of four A-REITs. Industria also signals weak conditions in the Brisbane office market.

APRA is expected to shortly increase risk weightings and later this year increase capital ratios which imply capital raisings for the big banks. Brokers discuss the potential impact on bank valuations.

Woolworths has announced an earnings downgrade and the departure of its CEO. To brokers the developments add a great deal of uncertainty to the outlook.