Intersuisse believes Tox Free Solutions is poised for strong earnings growth in coming years.
Higher CPI data increase means the question for the RBA is not whether rates should go up or not, but by how much next week.
For a company that guided for “improvement” a few months ago, an upgraded call for 25% FY10 growth has confirmed analyst confidence.
Citi expects education provider Navitas to deliver strong earnings growth in coming years and so initiates coverage on the stock with a Buy rating.
The market largely ingnored CSR’s interim result to focus on the equity issue prior to the proposed de-merger of the sugar business.
National Australia Bank’s Quarterly Business Survey showed further gains in business conditions and confidence levels in Australia.
Producer price inflation in the September quarter in Australia rose by less than economists had expected but the composition of the number means little changes to forecasts for this week’s CPI data.
Analysts were generally impressed by Wesfarmers’ first quarter numbers but remain as yet unconvinced overall.
Competitors such as Google are trying to enter the online real estate classifieds market but market leader REA is expected to continue delivering solid earnings growth.
Strong performances in iron ore and petroleum get BHP off to a solid start, but broker reaction is muted due to a number of issues.