Daily FNArena News - Australia

Amidst weak market sentiment, Xero reported earnings last week and the market response was poor and while brokers acknowledge the reasoning, the longer term theme remains attractive to most

Evidence of cost control in Pendal Group’s latest market update should benefit the fund manager as volatile market conditions continue

After a succession of upgrades, GrainCorp has provided an earnings beat amidst near perfect conditions

Following first quarter results for Coronado Global Resources, brokers highlight an increased focus on shareholder returns and potential for further special dividends

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Ongoing strength in the used car market has seen Eclipx Group deliver a strong first half result, with the company utilising the current benefit to guarantee its longer-term earnings profile

Aside from various handouts, the May budget included beefed up spending on cyber security. Which listed companies are focused in this area?

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Following a second half trading update by Super Retail, brokers remain upbeat and point to positive changes that may have been overlooked during the pandemic

Yesterday’s RBA rate hike was of little surprise, but the magnitude of it was, raising the question of just how fast the RBA will now move to “normalise” rates, and what the consequences may be