The market has sold down BHP on disappointment with regard to capital management, thus overlooking the strategy behind the spin-off as well as increased value in iron ore and copper production.
Private hospital and pathology operator Healthscope is in the right place, given the current trends in Australia, and several brokers have initiated coverage.
A wrap of the day’s activity on the Australian stock market.
A wrap of the day’s activity on the Australian stock market.
A summary of the previous session’s corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
Transfield Services improved its performance in FY14 but received mixed reviews from brokers as a number of issues still need work.
Harvey Norman demonstrated resilience in the FY14 result and brokers welcomed the dividend lift and further capital management potential.
Weekly update on recommendation, target price, and earnings forecast changes.
A wrap of the day’s activity on the Australian stock market.
In its maiden full year report as a listed company, packaging business Pact pleased brokers, revealing a disciplined focus on targets.