Daily FNArena News - Australia

Allkem is on track to remain one of the world’s largest producer of lithium, despite global production racing to meet surging demand

Following reaffirmed guidance and upbeat commentary brokers remain Buy-rated for GUD Holdings

Following a significant strategic play in the US, all six brokers in the FNArena database continue to recommend buying BlueScope Steel

Following another guidance upgrade by GrainCorp, brokers lift target prices and provide forecasts around capital management

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

Philip Lowe dropped a bombshell yesterday when he implied the RBA will no longer be “patient”, leading some, but not all economists, to tip the first rate hike in June

Gains in the resources, banking and technology sectors contributed to a 6.9% total return for the ASX200 in March, as Australia continued to outperform global equity markets

Brokers discuss the longer term strategy for Eagers Automotive and the impacts of shorter term vehicle supply issues

Job placement company APM Human Services International has won new government contracts that could increase its foot print in Australia by 50%

Following FY21 results for Sigma Healthcare brokers see an uncertain outlook for near-term earnings