Daily FNArena News

A source of lithium, previously overlooked, is now the subject of a technology developed by Lepidico, from which it intends to become a sustainable lithium producer over the next two years.

Peter Switzer of the Switzer Super Report notes the trend now towards “value” over “growth” and outlines his investment preferences.

Conditions for funeral director InvoCare continued to deteriorate through September and 2018 guidance has been softened.

NextDC is expected to have more sway in its business once the acquisition of Asia Pacific Data Centres goes ahead.

Michael Gable of Fairmont Equities suggests increasing volume to the downside is of concern as Carsales tries to rebound.

Coles remains intent on maintaining its competitive position after the de-merger from Wesfarmers, although brokers point out stable or improving margins are implicit in guidance.

Australia’s new vehicle market has reversed over recent months, a function of weak consumer sentiment amid looming regulatory changes for the dealer industry.

Craig Parker of Moat Capital notes the ASX200 is caught between the push and pull of strength in resources and weakness in banks.

The impact of rising costs featured in the Bank of Queensland FY18 results and brokers suspect higher expenses are likely to become entrenched after the Royal Commission.

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