Daily FNArena News

Michael Gable of Fairmont Equities suggests Costa Group is set up for a rally, although general market weakness may interfere.

Pitt Street Research has initiated coverage of provider of safety systems for the fast growing drones market, ParaZero ltd.

Ahead of the Herd’s Rick Mills follows the global battle for lithium security.

Appen is establishing a trend in guidance upgrades, while indicating revenue has become more evenly spread throughout the year.

Craig Parker of Moat Capital suggests a failure of the ASX200 to hold 5650 would signal a bear market.

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

Packaging provider Pact Group has disappointed brokers, reducing earnings guidance for FY19 on the back of higher costs.

The Chartist reports the Aussie has broken up out of its downward channel but any rally from here would likely be short-lived.

Elders expects to still deliver 5-10% growth in operating earnings in FY19 despite a reduced summer crop and continuing dry conditions on Australia’s east coast.

After being plagued by manufacturing issues in FY18 Incitec Pivot has a clean slate, with upside from higher fertiliser prices likely, although oversupply of AN may pressure explosives.