Daily FNArena News - Australia

Three of the Big Four banks will begin to report full-year earnings next week along with a first-half result from Macquarie Group.

Gujarat NRE Coking Coal continues to attract attention in the Australian market, with more broker coverage forthcoming last week.

Brokers believe Bank of Queensland shows value but also that management’s return on equity target is a big ask in the current environment.

Drilling services provider Imdex reported strong first quarter earnings and brokers covering the stock have been quick to revise forecasts for coming years.

Price deflation and falling sales growth has JB Hi-Fi hoping Santa will be busy enough to save FY11.

The strong Aussie is wiping about 9% off CSL’s earnings but can the Octa recall make up for the difference?

Energy Resources of Australia delivered what the market viewed as a poor production report, seeing brokers cut earnings forecasts and ratings for the stock.

National Australia Bank’s September quarter property survey suggests while all sectors should perform better in the year ahead, house price growth is expected to be modest.

Resilient performance, an attractive dividend yield and scope for modest growth makes McPherson’s attractive according to stockbroker Moelis.

Fortescue’s US$2bn re-fi is a get out of jail card for the company and its expansion plans, albeit not free.