PRE-MARKET AUSTRALIAN STOCK NEWS: CSL names new CEO and faces class action; Fortescue Q1 sales hit by CMRG talks; Garda upgrades FY27 guidance on AUD 300mln portfolio sale

AIC Mines (A1M AT) - Q1 FY27 production of 3,072t copper and 1,562oz gold in concentrate; Eloise AISC of AUD 4.86/lb. Record quarterly net mine cash flow of AUD 33.4mln. FY guidance maintained at 17,500-18,500t copper and 7,250-7,750oz gold at AISC of AUD 4.80-5.20/lb. (ASX filing)

APA Group (APA AT) - Reached FID on the Bulloo Interlink Pipeline, committing AUD 700mln, supported by a five-year take-or-pay gas transport and storage agreement with Origin Energy (ORG AT) from 1st January 2028. (ASX filing)

Auckland International Airport (AIA AT) - Maintained FY27 underlying profit guidance of NZD 290-330mln, with Q1 trading performance described as positive. (ASX filing)

Bapcor (BAP AT) - Reaffirmed its FY27 outlook; Q1 Trade parts sales +2.5% Y/Y (+1.6% LFL) and Networks sales +4.1%, while the Retail environment remains soft. (ASX filing)

Cleanaway Waste Management (CWY AT) - Reaffirmed FY27 underlying EBIT guidance of AUD 500-530mln at its AGM. (ASX filing)

CSL (CSL AT) - Appointed ViiV Healthcare CEO Deborah Waterhouse as CEO and MD from 1st February 2027; Gordon Naylor continues as Interim CEO until then. (ASX filing, released after Wednesday's close) - Separately, said it was notified of a class action filed in the Supreme Court of Victoria on behalf of those who acquired CSL securities between 11th February 2025 and 11th May 2026, including allegations relating to continuous disclosure and representations about its medium-term performance and expected FY26 revenue and net profit; CSL denies liability and will vigorously defend the proceeding. (ASX filing)

Fortescue (FMG AT) - Q1 FY27 iron ore shipments 46.8Mt, incl. 2.5Mt from Iron Bridge; sales of 42.9Mt were below shipments, reflecting ongoing negotiations with China Mineral Resources Group (CMRG). Hematite C1 cost USD 21.98/wmt and realised price USD 80/dmt. FY27 shipments, C1 cost and capex guidance unchanged, subject to CMRG negotiations; product inventory expected to rise a further 4-5Mt in October. (ASX filing)

Garda Property Group (GDF AT) - A Charter Hall (CHC AT) managed fund to acquire Garda's seven remaining investment properties for AUD 300mln. Upgraded FY27 FFO guidance to 12.5c/shr (prev. 10.5c) and distribution guidance to 12.5c/shr (prev. 9.0c); also announced a 10c/shr special distribution. (ASX filing)

Generation Development Group (GDG AT) - Q1 FY27 group FUM +29% Y/Y at AUD 48.1bln. (ASX filing)

Genesis Energy (GNE AT) - Q1 FY27 thermal generation of 163GWh, down 620GWh Y/Y, as strong hydro storage kept wholesale prices lower; Huntly BESS Stage 1 commissioned and FID reached on the Leeston Solar Farm. (ASX filing)

Insurance Australia Group (IAG AT) - Said it is on track to deliver FY27 guidance of GWP growth of 5-8% and a reported insurance margin of 14.5-16.5%. (ASX filing)

Karoon Energy (KAR AT) - Q3 production 2.27MMboe, +110% Q/Q; sales revenue +64% Q/Q to USD 191.6mln. CY26 production and unit cost guidance unchanged. (ASX filing)

Magellan Financial Group (MFG AT) - Q1 Financial Markets revenue was materially lower than the H1 FY26 run rate, while Investment Management AUM fell 8% to AUD 38.0bln; merger synergies upgraded to AUD 15mln p.a. (prev. AUD 6mln). (ASX filing)

Mirvac Group (MGR AT) - Reaffirmed FY27 guidance for operating EPS of 13.2-13.4c and DPS of 9.9c; 1Q27 investment portfolio occupancy at 97%, c. 75% of its AUD 200mln buy-back complete. Said residential sales have slowed, notably in NSW and Victoria. (ASX filing)

Nick Scali (NCK AT) - Guided 1H FY27 underlying NPAT of AUD 28-32mln; Q1 ANZ written sales orders -15% Y/Y and 1H ANZ revenue expected -11% to -14% Y/Y, while UK Q1 written sales orders +29% Y/Y. (ASX filing, released after Wednesday's close)

Pantoro Gold (PNR AT) - Q1 FY27 gold production 21,864oz at AISC of AUD 3,860/oz; EBITDA AUD 63.1mln. In line with FY guidance of 90-105koz. (ASX filing)

Stockland (SGP AT) - Became the new owner of an industrial site near Western Sydney International Airport after companies run by the family behind failed developer Bathla defaulted on borrowings. (AFR)

Viva Energy (VEA AT) - 3Q26 refining intake of 9.1MMbbl; Geelong Refining Margin averaged USD 21.4/bbl, incl. one-off hedging losses of USD 18.5mln (USD 23.4/bbl ex-hedges). (ASX filing)

Wisr (WZR AT) - Upgraded FY27 cash NPAT guidance to at least AUD 7.0mln (prev. at least AUD 5.0mln); Q1 loan originations +73% Y/Y to a record AUD 253.8mln. (ASX filing)

• BHP (BHP AT) Upgraded to Accumulate from Hold at Ord Minnett; price target AUD 63.00/shr. (Motley Fool)

• Fisher & Paykel Healthcare (FPH AT) - Reported unauthorised access to two employee email accounts and a subset of company files; no impact on products or operations and no material financial impact expected. (ASX filing)
• Harmoney (HMY AT) - Reaffirmed FY27 cash NPAT guidance of 16mln+. (ASX filing)
• MONEYME (MME AT) - Executed a AUD 413.5mln Autopay ABS transaction. (ASX filing)
• New Murchison Gold (NMG AT) - Declared a maiden 0.25c/shr fully franked dividend (c. AUD 27mln). (ASX filing)
• Nova Minerals (NVA AT) - US government committed USD 249mln to the Port MacKenzie rail extension, linking to Nova's planned Alaska antimony processing hub. (ASX filing)

This is the standard ASX pre-market wrap that lands during the quarterly reporting window, a session in which single-stock moves dominate the tape and index direction is set by the heavyweight names in the basket. Three threads carry the load here. CSL combines a CEO appointment with a newly disclosed class action over continuous disclosure and prior guidance, a pairing that in past episodes has kept a stock under a governance overhang well beyond the initial headline, with the live questions being the plaintiff law firm's track record, any regulatory follow-on, and whether the claim period widens. Fortescue's shipment-sales gap tied to CMRG negotiations is the more market-relevant item: the creation of the consolidated Chinese buying entity has been a slow-burn structural theme in iron ore, and inventory building at the producer while talks run is the pattern seen before when pricing terms are contested; the tells are whether the gap closes next quarter and any change to realised-price or product-mix commentary. The rest of the wrap is routine quarterly fare, reaffirmed guidance outnumbering downgrades, with Charter Hall's acquisition of the Garda portfolio the one clean corporate action. As a compendium rather than a single catalyst, classification confidence is moderate and the read is that stock-specific, not macro, drivers will set the session.