Transport

Brambles conducted an investor briefing centred on its growth opportunities in North America, while reiterating earnings targets of which several brokers remain sceptical.

Sydney Airport has signalled robust organic growth ahead and agreed to purchase Terminal 3 from Qantas.

Aldi’s financials revealed; Coles/Woolworths price deflation in June quarter; Woolworths not yet ripe for re-entry; recovery in domestic aviation; several small cap opportunities.

Brookfield Infrastructure has made an indicative play for Asciano and while it is early days brokers mull the prospects.

Sydney Airport Holdings has formulated a five-year agreement with airlines on aeronautical pricing. Brokers welcome the certainty this provides.

The Chartist notes strong volume at Qantas’ trading highs, possibly suggesting a pullback.

Several brokers are of the opinion Aurizon could do more with its capital structure. Credit Suisse initiates coverage on this basis.

Brokers hail a disciplined approach to spending and with Qantas’ transformation on track, benefits should soon flow to shareholders.

Asciano has signalled some positive trends in its haulage and terminals business and brokers expect increased dividends.

Weak outlook for supermarkets; international industrials key picks for Macquarie; packaging outlook positive; airlines rebound; health insurer claims rising; and media soft.