Daily FNArena News

The underperformance of one of credit provider FlexiGroup’s key businesses, Certegy, has left brokers unsure about the near-term outlook.

The Chartist reports the overall trend for copper remains bullish but the chart is currently looking top heavy.

Brokers agree furniture retailer Nick Scali is well-positioned, given its scale in a fragmented market and a clear growth strategy.

Woolworths reported solid March quarter sales of food but another disappointing downgrade for Big W has broker views diverging on the implications for the outlook.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Canaccord Genuity has downgraded G8 Education as the addition of new child care supply accelerates.

Peter Switzer of the Switzer Super Report weighs up the argument for May-October being a traditional weak period.

Sleep disorder specialist ResMed has revealed supply constraints and costs held back revenue, margins and operating income in the March quarter.

Footwear distributor/retailer RCG Corp has issued its second downgrade to guidance in three months but brokers diverge in their reactions to the news and resultant sell-off..

Michael Gable of Fairmont Equities suggests CSR is setting for a longer term run higher.

A glance through the latest expert views and predictions about commodities. Iron ore balance; uncertainty prevails for nickel ore; deficit tipped in aluminium; copper prices likely to lift.