Daily FNArena News

GBST Holdings generated strong cash flow in the first half and has gained some new contracts, amid early signs its business is stabilising.

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

Peter Switzer of the Switzer Super Report offers his view on the local market in the wake of Wall Street’s flash correction.

Brokers have hurriedly reviewed forecasts as Praemium has significantly increased sales and marketing expenses to take advantage of the structural shift occurring in Australia’s investment platform and advice industry.

JB Hi-Fi has stated intentions of chasing sales and market share at the expense of gross margins. Brokers diverge on the degree of success anticipated over the next several years.

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

Michael Gable of Fairmont Equities notes National Bank is playing to a technical script, and represents a buying opportunity.

Strong uptake in cloud-based SMSF software continues to underpin the outlook for Class although competition has put pressure on margins.

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

A more modest growth story is likely from REA Group in the second half yet brokers expect the company to maintain its dominance and still produce strong listings volumes.