Daily FNArena News - Australia

Santos continues to lift its production profile, causing some brokers to lift their previously negative ratings on the stock.

The failure by DCA Group to win any of its contract tenders in the UK sent the share price down yesterday, UBS suggests the selling may have been overdone but others seeing few catalysts.

You don’t hear it very often, but China does more than feed Australia’s resources boom. It tempers global inflation figures as well.

Mineral Resources is the latest addition to the mining services sector, the shares enjoying a solid opening to trading today.

Brokers’ opinion remains divided as to whether the improved performance is sustainable.

Interest rate markets are factoring it in already, but will the RBA respond with two rate rises this year? It might look like a given, but economists are split.

BHP Billiton’s quarterly result leaves the company on track for record earnings, though forecasts are being trimmed as the petroleum division continues to disappoint in output terms.

The market was expecting the worst and got worse than it expected.

Management was not upbeat in the near term, but a strong yield and exposure to a turn in housing mean Alesco is well-positioned.

Brokers continue to rate Oil Search favourably for the upside from its PNG Gas Project, despite a quarterly production report that came in below expectations in revenue terms.