Michael Gable of Fairmont Equities suggests a break-out for goldminer Newcrest points to resumption of the uptrend.
FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.
St Barbara has encountered a setback in its feasibility study for the mass extraction project at Gwalia, resulting in a reduction to production guidance amid higher costs.
Wesfarmers intends to expand categories and online offerings at Bunnings although brokers point out the opportunities are not without risk.
Craig Parker of Moat Capital remains short term positive on the ASX200, depending on what happens early this week.
A daring RBA has made the case for treating climate change as a long term trend change, irrespective of the political climate in Australia.
Adverse seasonal conditions, supply issues and glyphosate safety concerns plagued Nufarm in the first half and continue to affect the company’s outlook.
The Chartist suggests that from a technical perspective, beaten-down lithium miners may now be worth another look.
TPG Telecom is in the line of fire as it awaits the decision from the ACCC on its merger with Vodafone Australia. Brokers suspect downside risk to the share price is considerable if the merger is disallowed.
The renewed alliance between Viva Energy and Coles is making life more difficult for Caltex, although brokers still envisage the long-term opportunity from convenience retailing is substantial.
