Daily FNArena News - Australia

Newcrest’s production guidance downgrade for FY13 was not unexpected and brokers believe, longer term, the company has lots of potential.

Weekly update on recommendation, target price, and earnings forecast changes.

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

The cash holdings of the average Australian investor have fallen to a two-year low, while equities holdings are at a two-year high, according to FNArena’s latest survey.

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

The diversified miners and pure-play iron ore miners have underperformed the market this year and frustrated shareholders. Iron ore price fears are but one issue. Is there actually value in owning these companies?

UGL surprised brokers by announcing a corporate review and they suspect it is designed to shake up sagging confidence in the stock.

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

The theme amongst brokers in Australia is not one of whether the market can rally from here, but what sectors and stocks will be best placed as it does.

Westfield has secured another joint venture and asset selldown. Brokers ask what reward can shareholders expect?