Daily FNArena News - Australia

FNArena has received a number of enquiries as to why the big CSL share price fall yesterday. For the less experienced, here is the explanation

Brokers were caught out by the extent of covid ramifications to date in the first half and the level of cost increases hitting Woolworths’ bottom line. But there is some light at the end of the aisle

The value for investors in online marketplace Redbubble remains in its ability to execute on strategy to reach revenue targets through improved customer retention

Brokers praise a powerhouse first half performance by Metcash, driven largely by a faster than expected rise in the hardware segment that now earns more than food

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

Independent Investment Research updates developments in Australia’s listed investment trust and provides comparative data

Despite recent iron ore price falls eroding near term upside for iron ore miners, some brokers remain buoyant on the medium-term outlook

Losses in the energy and financial sectors outweighed materials and communication services gains leading to a -0.54% total decline for the ASX200 in November, as volatility increased with news of a new covid variant

Normalisation appears to be on the horizon for Fisher & Paykel Healthcare, after hardware sales have continued to benefit from covid hospitalisations longer than anticipated

Brokers raise earnings forecasts in response to first half results for Collins Foods, as a strong outcome in the Netherlands supports outperformance for KFC Europe