Daily FNArena News - Australia
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Fortescue – The Quintessential Nigel No-Friends
Jun 26 2009
Fortescue shares surged briefly above $4 or about 300% above some broker price targets for the stock.
Westpac Now Sees Oz Cash Rate Bottoming at 2.5%
Jun 25 2009
Westpac has revised its forecasts for the Australian economy and now expects interest rates will bottom at 2.5%, up from 2.0% previously.
Micro Cap Rising Stars – Clover
Jun 25 2009
Food additive company Clover is expanding its horizons.
Expect More Rate Cuts In Australia – TD Securities
Jun 24 2009
According to TD Securities the market has got it wrong in thinking Australian interest rates are going higher.
Oil Search Undervalued Given LNG Project Developments
Jun 23 2009
Further gas offtake agreements makes Oil Search look cheap, according to a majority of analysts in the market.
Santos Sets GLNG In Train
Jun 19 2009
The first Gladstone LNG contract, albeit to Santos’ JV partner in Petronas, de-risks the project, brokers argue.
Micro Cap Rising Stars – eServGlobal
Jun 19 2009
Could the humble pre-paid mobile phone replace the bank in global transactions?
Oz Industrial Trends Survey Shows Modest Improvement
Jun 18 2009
The Australian economy is slowly recovering from its weakest point.
Breakfast With BHP
Jun 17 2009
Marius Kloppers chatted to stock analysts yesterday over vegemite toast about iron ore demand and the Rio JV.
Leading Index Points To Return To Oz GDP Growth In 2010
Jun 17 2009
While the Westpac-Melbourne Institute Index of Leading Indicators fell again in April the pace of decline is slowing.
