Daily FNArena News - Australia

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?

Credit Corp is diversifying earnings while continuing to expand its share of debt purchasing in the US

Incitec Pivot will run out of gas bought at the “right” price by the end of 2022 and is now considering options for its Gibson Island site including green ammonia

Detached housing momentum has spurred strong results for CSR in the first half of FY21, and analysts note continuing growth in Property looks to sustain results

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

Despite some looming headwinds, REA Group is reflecting a strong Australian real estate market and the main issue for brokers is the valuation

New vehicle supply constraints during the covid pandemic have benefitted the used vehicle market, and driven strong results for Eclipx Group, but analysts are looking post-pandemic to consider growth sustainability