Daily FNArena News

REA Group has expanded its real estate financial services to include mortgage products via a traditional broking channel. Brokers suggest accretion is minimal at this stage.

Peter Switzer of the Switzer Super Report suggests investors should look offshore for portfolio diversification.

The Chartist suggests investors should wait for lower prices before buying Woolworths.

Link Administration will acquire Capita Asset Services in the UK. A large equity raising is involved but brokers suggest the accretion to earnings justifies the risk.

Supermarket and hardware business Metcash delivered cash flow and cost reductions ahead of expectations in FY17. Nevertheless, brokers suggest structural challenges remain daunting.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Two brokers have upgraded Fortescue metals to Buy from Sell, seeing value now apparent in the iron ore miner.

Michael Gable of Fairmont Equities notes the technicals are suggesting upside for underperforming Ramsay Health Care.

A glance through the latest expert views and predictions about commodities. Coal; steel; metals and oil.

Sales momentum has failed to hold up recently at Ardent Leisure’s Main Event business and brokers are increasingly wary about FY18.

Craig Parker of Moat Capital suggest the ASX200 is lacking clear direction between the 60- and 200-day moving averages.