Daily FNArena News - Australia

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

South32 hasn’t delivered the start to the new financial year the market had hoped, missing production forecasts across multiple assets including coal