Daily FNArena News - Australia

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

Predicted residential housing cycle decline isn’t enough to turn analysts off Fletcher Building, seeing through-the-cycle value in the company

Brokers have given City Chic Collective the chainsaw treatment following yet another disappointing market update

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

Brokers prefer to await signs of execution before including in their forecasts the full benefits from Bapcor’s transformation program

Brokers generally see value in BlueScope Steel shares despite the macroeconomic backdrop

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

Brokers remain mostly Buy-rated on Aristocrat Leisure following first quarter results that largely met consensus expectations

Buyout interest for the Waggaman operation in the US has delayed Incitec Pivot’s demerger plans

Ongoing distributor destocking ahead of a potential economic downturn is posing threat to Ansell’s earnings assumptions