Citi’s analysts have resumed their coverage on stock transfer firm Computershare (ASX:CPU), issuing a ‘buy’ rating with a target price of A$29 per share.

Citi sees the firm’s recent divestment of its U.S.

mortgage arm as strategically sound, and forecasts improved earnings quality as a result.

Computershare (ASX:CPU) continues to scout for acquisitions, Citi notes.

However, the brokerage has expressed that Computershare’s (ASX:CPU) communications services sector seems likelier to face an internal restructuring rather than a potential divestment.

Seven out of nine analysts rated the stock ‘buy’ or higher, and two have held; the median target price is at A$28.45 per the LSEG data.

The stock has fallen 2.4% this year, as of the last close.

Computershare (ASX:CPU) is a stock transfer company that manages and administers securities, and plans investor events for companies.

Morningstar has started its review on Australian property developer, Ingenia Communities (ASX:INA), handing it a ‘medium’ uncertainty rating.

The brokerage sees lower development risk in the company compared to its counterparts, and has estimated a fair value of A$3.9 per security.

It also predicts a 15% growth at a compound annual growth rate (CAGR) in the company’s earnings before interest, taxes, depreciation and amortization (EBITDA) over a span of five years.

Additionally, Morningstar expects Ingenia’s sales to grow at a CAGR of 14%, attributing this growth to revenue increases from the completion of new land lease communities.

However, it forecasts a CAGR of only 3% in revenue over the next five years, slightly below the expected rise in costs leading to a decrease in EBITDA margins.

Analysts at Morningstar also reported that Ingenia lacks the maintainable competitive advantages necessary to support an economic moat.

The shares of the company had fallen 9.2% year to date as of the most recent close.

Ingenia Communities is an Australian property developer specializing in commercial and residential properties.

Cruise operators are experiencing a downturn due to rising fuel costs amid escalating conflict in the Middle East.

Shares of Norwegian Cruise Line (ASX:NCLH) fell almost 5%, while shares of Carnival and Royal Caribbean Group also fell 6% and 4% respectively.

Oil prices experienced a surge of 4% following an unexpected attack by Hamas on Israel last weekend, inciting fears of an extended conflict in the Middle East.

This increase in crude oil prices could compound preexisting elevated fuel costs for cruise lines.

Earlier in September, Carnival expected a larger than anticipated loss for Q4, predicting a net impact of $130 million due to soaring fuel prices and unfavorable exchange rates.

According to an email statement, Royal Caribbean is ‘closely watching’ the situation in Israel and modifying several itineraries in the region.

The company stated that affected guests are being directly contacted.

Carnival mentioned in a statement that it has ‘adjusted’ its cruise itineraries and will not be making calls to Israel at the current time.

Norwegian Cruise Line (ASX:NCLH) did not immediately respond to requests for comments on how the conflict would impact operations in the region.

Wells Fargo estimates that NCLH will be most impacted by the conflict, followed by Royal Caribbean and then Carnival, predicting pressure on Q4 and Q1 pricing.

Year To Date, stock performance has seen Carnival up by around 65%, Royal Caribbean up 84%, and NCLH up 36% through the last close.

Norwegian Cruise Line is a global cruise company that is extensively recognized for its Freestyle Cruising concept.

Navigator Global Investments has shared the news of the appointment of Stephen Darke as their new Chief Executive Officer.

The appointment elevates Mr.

Darke to the highest executive rank within the company.

Navigator Global Investments is a firm dealing in the investment management sector.

Shares of cruise operators such as Norwegian Cruise Line Holdings (ASX:NCLH) have taken a hit, with almost a 5% decrease.

Similarly, Carnival (ASX:CCL) is down by 7%, with Royal Caribbean (ASX:RCL) not far behind at a 4% dip.

This slump is attributed to an over 2% hike in oil prices following an unexpected attack on Israel by Palestinian group Hamas.

This rising unease has led to speculation regarding a more extensive conflict in the Middle East.

An escalation in crude oil prices may exacerbate the already sharp fuel costs for cruise line operators.

In September, Carnival projected a higher than anticipated Q4 loss and anticipated $130 million impact due to skyrocketing fuel costs and unfavorable currency exchange rates.

Royal Caribbean is monitoring the situation in Israel closely, and for the sake of guest’s security and safety, they are adjusting several itineraries.

However, it’s unclear how Norwegian Cruise Line and Carnival will respond to the conflict as it could potentially affect their operations.

Year-to-date, Carnival is up approximately 65%, Royal Caribbean up about 84% and Norwegian Cruise Line Holdings up around 36% relative to a 34% surge in the S&P 500 hotels, resorts & cruise lines sub index.

Norwegian Cruise Line Holdings is a global cruise company operating the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.

Cruise operators are grappling with concerns over escalating fuel costs due to conflicts in the Middle East.

Shares of Norwegian Cruise Line (ASX:NCLH) are down by 3.8%, while Carnival (ASX:CCL) and Royal Caribbean Group (ASX:RCL) have also experienced a decline of 5% and 3.5%, respectively.

The concern stems from an unexpected attack on Israel by Hamas over the last weekend, which heightened fears of an extensive Middle East conflict, causing oil prices to rise by over 2%.

For cruise lines, a spike in crude oil prices could exacerbate already high fuel costs.

Carnival, in September, predicted a larger than anticipated Q4 loss, stating an expected net impact of $130 million from high fuel prices and unfavorable exchange rates this quarter.

However, Norwegian Cruise Line, Carnival and Royal Caribbean have yet to comment on how the Middle East conflict may affect their operations.

According to last close data, CCL’s stocks have raised by ~65%, RCL by ~84%, and NCLH by ~36% YTD, in comparison to a ~34% rise in the S&P 500 hotels, resorts & cruise lines sub index.

Norwegian Cruise Line is a cruise operator that offers worldwide cruise vacations.

Shares of prominent cruise operators such as Norwegian Cruise Line (ASX:NCLH), Carnival (ASX:CCL), and Royal Caribbean Group (ASX:RCL) took a hit in premarket trading with Norwegian Cruise Line down by 3.3%, Carnival falling by 2.6%, and Royal Caribbean Group witnessing a decrease of 2.4%.

This decline is attributed to a rise of more than 2% in oil prices following an unexpected strike on Israel by the Palestinian group, Hamas, over the weekend, that stirred concerns of a possible broader conflict in the Middle East.

This surge in oil prices could exacerbate the already high fuel expenses for cruise lines.

In September, Carnival had forecasted a higher-than-expected loss for Q4, foreseeing a net impact of $130 million as a result of increased fuel prices and unfavorable currency exchange rates in the present quarter.

As of the last closing, Carnival, Royal Caribbean, and Norwegian Cruise Line have made year-to-date gains of approximately 65%, 84%, and 36% respectively.

Norwegian Cruise Line, Carnival and Royal Caribbean did not immediately respond to requests for comment on how the conflict would affect their operations in the region.

Norwegian Cruise Line (ASX:NCLH) is a leading global cruise company.

Platinum Asset Management (ASX:PTM) has announced that as of September 30, their funds under management amounted to a total of A$16,054 Million.

Platinum Asset Management is a leading financial services company specializing in investment management.

Rio Tinto (ASX:RIO) has issued cost guidance for its Pilbara unit for the year 2023.

The cost is estimated to be between $21.0 and $22.5 per wet metric tonne.

The company remained consistent on this projection.

In addition, Rio Tinto provided a guidance for its Pilbara iron ore shipments for the year 2024, estimating a shipment volume between 323 to 338 million tonnes.

Rio Tinto has also set a mid-term goal to reduce iron ore unit costs to $20 per tonne.

The company plans to continue disciplined investments in their Pilbara iron ore operations, expecting an average sustaining capital of $1.8 billion per year from 2024 to 2026.

The company also anticipates its effective equity share of Pilbara free cash flow will remain stable at about 85% following the Rhodes Ridge ramp up operation.

Rio Tinto (ASX:RIO) is a world-leading mining and exploration company with a primary focus on essential minerals and metals.

Shares of Cleo Diagnostics (ASX:COV), an Australian medical diagnostics company, have risen up to 2.8% to A$0.185, marking its highest level since late September.

The company reports that the selection of a biomarkers panel for its ovarian cancer test-kit has been finalized.

This advancement in antibody development has boosted confidence for commercial assay development and upscaling for commercial manufacturing.

The company is also evaluating partnerships with four commercial antibody manufacturing firms.

With nearly 1.0 million shares changing hands, trading volume significantly surpasses the 30-day average volume of 87,618 shares.

Since its listing in August, the stock had fallen 14.3% as of its last closing price.

Cleo Diagnostics is an Australia-based company that develops diagnostic tools for medical use.