Daily FNArena News

Ahead of the key Christmas trading period, Super Retail has warned sales are sluggish, underscoring the importance of getting the right balance in sales and margin.

Cost inflation has stymied growth in the first weeks of FY19 for Brambles but the company remains confident cost pressures will ease as the year progresses.

CIMIC has reiterated earnings guidance for 2018, although brokers suspect this could be beaten if the strength to September continues to the end of the year.

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

Peter Switzer of the Switzer Super Report sees the sell-off as a chance to buy, but not yet.

Western Areas’ Odysseus nickel project is now much larger and the economics have improved substantially.

FY19 guidance from Flight Centre was shy of expectations but brokers suggest the decline in the share price has put the valuation on a more even keel.

Mark Tinker of AXA IM discusses the numerous headwinds currently buffeting equity markets and a US-China economic Cold War that could be a feature for the foreseeable future.

Michael Gable of Fairmont Equities suggests logistics REIT Goodman Group is breaking back up post sell-off.

Vehicle component manufacturer/distributor, ARB Corp, has presented a cautious outlook at its AGM, noting a slower rate of growth in the first quarter of FY19.