Daily FNArena News

Technology One surprised brokers in its first half result, posting a maiden profit in cloud business and weakness in its more established consulting business.

Peter Switzer of the Switzer Super Report provides his thoughts on the outlook for Australia’s big banks and on the controversy surrounding the president.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi believes Stockland is offering a more attractive valuation than Mirvac Group in the property developer space.

Suncorp continues to skew its banking business away from investor and interest-only loans, revealing weak lending growth in retail in the March quarter offset by very low loan losses.

Fisher & Paykel Healthcare posted a strong FY17 result, albeit overshadowed by litigation, and brokers remain confident of continued success with new products and market expansion.

Michael Gable of Fairmont Equities suggests BlueScope Steel is positioned for a break-up.

A glance through the latest expert views and predictions about commodities. Coal; high-grade iron ore & steel; platinum & palladium; alumina & aluminium.

Origin Energy has completed the sale of its Darling Downs pipeline, accumulating more than $1bn in proceeds from asset sales so far, and brokers assess the company’s progress in redefining its position in the energy market.

Craig Parker of Moat Capital notes the ASX200 is in a technical downtrend and dependent on Wall Street from here.

Brokers suspect investors will require patience when it comes to James Hardie as the company once again disappoints with its FY17 result.