Daily FNArena News

WA gold miner is hoping to leverage the expertise it has gained in revitalising operations at Jundee by extending life of Alaska’s Pogo mine.

Software company Citadel Group beat most estimates in FY18 and has reiterated a goal for growth of 15% in operating earnings going forward.

Online business continues to advance rapidly and this is driving heightened expenditure as retailers adapt. Meanwhile, housing-related headwinds persist for the consumer sector.

Peter Switzer of the Switzer Super Report selects five stocks he believes offer value for yield seekers.

The Chartist reports more weakness is likely for data centre operator NextDC before a bounce.

Galaxy Resources has obtained necessary funds via the sale of northern tenements in Argentina to push ahead with its Sal de Vida project, which also brings the timing of the James Bay decision closer.

Sales at Harvey Norman’s Australian franchises have continued to weaken in the first months of FY19 so the focus is turning to offshore expansion to drive revenue and growth.

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

Michael Gable of Fairmont Equities notes the technicals suggest DuluxGroup may be only days away from a breakout.

The operating outlook for aged care providers is difficult, as revenue growth is constrained by a freeze on government funding. Regis Healthcare is weathering the environment better than most, brokers believe.