Daily FNArena News - Australia

Despite a share price savaging upon the release of second quarter results, brokers are generally upbeat on Megaport’s outlook

Republished with correct acquisition price: City Chic’s first-half trading update revealed strong top-line growth and, while covid eroded margins and earnings, brokers see blue sky – and let’s not forget the latest US acquisition

The potential for ongoing strong cash realisation for JB Hi-Fi is fueling broker speculation for increased dividends and capital management

With Australian finance services providers increasingly looking towards adoption of Artificial Intelligence, successful implementation of AI processes will be complicated and a question of timing in many instances

Equity markets set aside omicron fears to charge ahead in December, capping a strong year and jockeying for pole position in 2022

Climate change is set to rejig the global wine industry and Australia will need to get hopping to stay ahead of the curve

Funds underperformance this year has led to Magellan Financial Group losing its biggest client, and brokers suspect this is just the beginning

Analysts believe ReadyTech’s acquisition last week of cloud-based contract management and procurement software provider Open Windows Software was struck on a good price and represents a good strategic fit

While the additional costs incurred by Transurban Group on the Westgate Tunnel Project are higher than anticipated, brokers are relieved court action was avoided and now focus upon a steady improvement in traffic numbers

Its latest acquisition has increased Ramsay Health Care’s exposure to the high growth mental health care segment, but potential opportunity has largely failed to impress analysts