Daily FNArena News - Australia

Independent Investment Research updates developments among Australia’s listed investment companies and provides comparative data

In the face of housing market and inflation concerns, first half results for CSR revealed the benefits of strong cost control and a proactive pricing strategy

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

Despite a difficult first quarter, analysts largely expect normalising consumer trends and ongoing inflation to benefit Woolworths in the coming year

The ASX200 gained 6.0% in October after a strong contribution from the banking sector buoyed by a decline in the 10-year bond yield

A mixed bag from IGO’s first quarter update, with strong production from Greenbushes somewhat overshadowed by a significant capital expenditure upgrade for Cosmos

The security of non-China rare earths supply and an above-market view on EV growth has UBS re-initiating on Lynas Rare Earths with a Buy, although not everyone is so enthused

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

Reliance Worldwide shares took a hit yesterday on a disappointing trading update featuring severe margin compression. Brokers feel the worst may now be over

With Santos shares looking relatively undervalued, brokers are divided on what catalysts might ignite a positive share price narrative