Daily FNArena News

Despite the challenges posed in FY21 Macquarie Group remains in a strong position to take advantage of any opportunities which present.

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

The dividend outlook for banks has weighed heavily on valuations since the onset of the pandemic and the resultant economic slump. Has the prudential regulator, APRA, set minds at rest?

Credit Corp has reflected the uncertain operating conditions in its broader FY21 guidance yet remains in a strong position in terms of its Australian PDL business.

A soft and volatile consumer environment has prevented GUD Holdings from issuing specific FY21 guidance but the outlook for automotive aftermarket revenue is robust.

The Chartist reports the trend for the gold price remains to the upside but many Australian listed miners have already run too hard.

SPONSORED: WhiteHawk has been contracted by a US federal government CISO (Chief Information Security Officer) to implement WhiteHawk’s Cyber Risk Radar

Perpetual has taken a major step up in its global strategy with the acquisition of a stake in US fund manager Barrow Hanley, while signalling future dividend policy is likely to be lower.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. In closing several areas of underperformance, Nufarm can turn around its European business and also take advantage of improving agricultural conditions in Australia.

Peter Switzer of the Switzer Report compares longer term returns on gold with some leading Australian listed stocks.