The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to slide around 9 points this morning, as indicated by the futures market, despite a mostly positive session on equities markets overnight.
Here's a quick recap:
- FTSE 100 (UK): down 0.05%
- DAX (Germany): up 0.12%
- CAC 40 (France): up 0.25%
- Dow Jones (USA): up 0.1%
- NASDAQ (USA): up 0.21%
The Telstra Corporation Ltd (ASX: TLS) share price could receive more attention today with pressure mounting on the telecommunications business to cut its lucrative dividend to shareholders. The Telstra share price is sitting at $4.31, a long way below its 52-week high of $5.86.
The Collection House Limited (ASX: CLH) share price will also be in focus after the company announced a $2.45 million write-off for computer software development costs covering the period from 1 July 2010 to 31 March 2017.
Pioneer Credit Ltd (ASX: PNC), on the other hand, announced an upgrade to its FY2017 earnings guidance, as well as an outlook for the 2018 financial year. The group expects net profit after tax to hit $10.7 million this year and "at least" $16 million in 2018.
Similarly, Integrated Research Limited (ASX: IRI) said it anticipates both record profit after tax and revenue for the year completed 30 June 2017. Licence sales are expected to be between $52 million and $54 million, representing growth of 14% to 18%, while total revenue is expected to be between $90 million and $92 million. Profit after tax is expected to be around $18.5 million, representing 16% growth.
Finally, it could be worth keeping an eye on companies such as Sirtex Medical Limited (ASX: SRX) and Treasury Wine Estates Ltd (ASX: TWE). The pair were among the market's top performing shares on Thursday, rising 4.1% and 4.5%, respectively.
Before getting started on your day, be sure to check out these two articles: