MMA Offshore has signalled earnings in FY15 will be flat on FY14, as customers revise expenditure plans and competition for work intensifies.
May is considered a significant month as both companies and analysts harden their views on the upcoming financial year-end earnings reports.
Weekly update on recommendation, target price, and earnings forecast changes.
Australia’s economic transition will be significantly hampered by steeper than expected falls in resource sector construction, exacerbated by lower commodity prices, BIS Shrapnel concludes.
March quarter sales were strong across Wesfarmers’ main retail divisions but brokers highlight the challenges of keeping all the balls in the air.
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.
Henderson Group’s growth story goes from strength to strength and brokers ponder the potential for a return of capital to shareholders.
Beach Energy will renew its focus on Australian conventional assets and brokers contemplate where the strategic review may be heading.
As three of Australia’s four big banks prepare to deliver earnings reports next week, brokers contemplate whether share prices have any reason to go either up or down.