Daily FNArena News - Australia

A wrap of the day’s activity on the Australian stock market.

Caltex is slowly closing Kurnell and transitioning into a predominant fuel distributor and marketer. Post result, how do brokers feel about it?

Brokers are focusing away from yield and on the potential growth in Australian Real Estate Investment Trusts.

A wrap of the day’s activity on the Australian stock market.

After a maiden interim profit brokers decided the selling of Sandfire Resources had gone far enough. Five out of seven brokers have upgraded recommendations.

The latest National Business Expectations Survey from Dun & Bradstreet is pointing to a gloomy outlook for Australian jobs growth this year.

A wrap of the day’s activity on the Australian stock market.

Brokers remain nervously confident over Newcrest’s expansion plans while feeling management is a little ambitious, but already one broker has downgraded its target price.

Woolies interim result showed another solid performance, with margins up and costs down, but brokers are increasingly concerned these improvements will strangle future growth.

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