Daily FNArena News - Australia

Brokers were not ascribing value to Alzheimer’s treatment potential anyway, so Baxter’s disappointing trial does not impact on analysts’ CSL recommendations.

A wrap of the day’s activity on the Australian stock market.

Coca Cola Amatil’s decidedly downbeat AGM this week has analysts at odds over the once reliable strength of the Coke brand.

The latest auction of 4G spectrum procured a new bidder, TPG Telecom. Surprised brokers are now speculating as to just what TPG is thinking.

A wrap of the day’s activity on the Australian stock market.

Given the state of the Australian economy, economists from at least two houses are forecasting a further three RBA rate cuts to 2.00% by the first quarter next year.

Downer EDI has sorted out its problems and brokers are impressed. The company is considered well placed to deal with the obstacles ahead.

A wrap of the day’s activity on the Australian stock market.

If anything, it is the strong Aussie which prompted a mostly unexpected cut in the RBA cash rate to 2.75%.

The RBA today cut its cash rate by 25bps to 2.75%.