Daily FNArena News - Australia

FNArena met with Quickstep CEO Philippe Odouard recently, and learned all about the limitless prospects for composite technology.

Qantas has provided at least some profit guidance for the first half of FY10.

AWAC, Alumina’s 40/60 joint venture with Alcoa, is set to become the sole supplier to Saudi Arabia’s new aluminium industry.

Telstra last week advised the market FY10 revenues would be weaker than previously indicated, but with NBN discussions progressing, brokers remain generally positive on the stock.

Brokers advise hanging on to AXA shares for what might happen next.

The popular press is now expecting a pause in rate rises following the RBA deputy governor’s speech yesterday. Economists don’t necessarily agree.

Bank and commodities stocks have done pretty well this year, but with industrial stocks starting to show some real signs of value, is it time to switch?

Deutsche Bank has upgraded News Corp to a Buy and GSJB Were and Macquarie have reiterated their positive views as the earnings outlook for the media group continues to improve.

A weaker than expected Australian GDP result will not deter the RBA from its tightening phase.

Despite three rate rises in three months and a further softening of RBA rhetoric, brokers stand firm on their call for another hike in February.