Daily FNArena News - Australia

St George’s half-year result had analysts giggling, but the full-year has them positively rolling in the aisles.

While WorleyParsons looks set for FY09, brokers are mixed in their views of the earnings outlook beyond this year.

Quarterly gold production may have hit a record for Lihir but lingering costs leave brokers underwhelmed.

Austar met September quarter expectations, but while brokers remain positive, they are issuing more conservative forecasts for 2009.

James Packer has signalled his family’s departure from its former media empire after 52 years, freeing up the future of Consolidated Media Holdings.

National Australia Bank’s latest quarterly survey of business conditions shows no let up for the Australian economy.

Coca Cola Amatil was gazumped by Suntory in its bid to buy Frucor, but local brokers are little worried by the outcome.

With new production cuts, rising input costs and the industry in over-supply, brokers see few short-term catalysts for Alumina Ltd.

Mining stocks are falling and gold prices are coming back off again, but barely better than expected results from Newcrest has the brokers yelling Buy.

Oakton has revised down earnings guidance as even Government IT spending is being affected by the global economic slowdown.