Daily FNArena News - Australia

Complacent investors were shocked by Commonwealth Bank’s considerably lower lending margin in the September quarter, and most brokers still believe the stock is overvalued even after its big tumble

As global ETF assets surpass US$10trn, the Australian ETF market is experiencing boom conditions and attracting increasing numbers of active managers

A solid results beat from Elders had a lot to do with favourable weather conditions, but brokers agree the company’s positive outlook is not solely weather-dependent

Incitec Pivot’s FY21 earnings result has blown broker forecasts away, and with more to come the talk is now of capital management

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

The acquisition of Pretium Resources by Newcrest Mining provides a more than twelve-year production boost for the company, but beyond that offers geographic and synergistic opportunity in a deposit rich region

Moves to decarbonise and use cleaner energy across the globe should galvanise Sims as a high-grade processor of scrap

The current recovery in Australian business as the country emerges from lockdowns augurs well for National Australia Bank although interest margins could tighten further

Renovations and sturdy housing markets have kept momentum going for James Hardie which continues to deliver on its its high-value product strategy

Stockland plans to reshape its portfolio, reducing the weighting of the retail and retirement segments. Is the timing right?