Daily FNArena News - Australia

Is Lihir Gold about to become a corporate target? Rumour has it an offer will be announced after the market closes today.

Majority opinion rates Sims Group a Sell, But Merrill Lynch has switched to a Buy on the prospect of scrap prices enjoying new highs.

A takeover in the US by Vulcan Materials has been pitched at a significant premium to the Cemex bid for Rinker, implying an increase will be needed for it to be successful.

Watch Metabolic shares hitting the earth as its major project is off the table.

ANZ will have to raise its offer if it is to fully acquire E*trade Australia, analysts and experts say. Investors seem to agree.

Wotif.com again delivered a result above market expectations but valuation concerns mean brokers can only justify neutral ratings at current levels.

If everything goes according to plan, fast growing Arasor should produce a profit this fiscal year.

A strategic review announced by management at Commonwealth Property Office Fund leads brokers to suggest a move offshore is likely in an attempt to boost distributions.

Overdone, say the raft of analysts who completely missed the Telstra re-rating. On track, say the ones who got it right. Where to now?

A profit result in line with expectations has led to only minor earnings adjustments this year, but an acceleration of its expansion plan sees future forecasts lifted for The Reject Shop.