Daily FNArena News - Australia

Upcoming listing Emeco has purchased a fleet of machinery in the US, a market it considers is important to its future growth.

Following another strong month of housing finance loans, Stephen Koukoulas believes two more rate hikes by year end is a genuine possibility.

Mining services company Emeco may be the largest float on the market this year, but DJ Carmichael for one suggests investors are better off not subscribing for shares.

CFK has advised of a larger than expected loss for the year, while Interuisse notes its growth options are being squeezed by the ongoing expansion of ABC Learning Centres (ABS).

Shares in Cash Converters (CCV) have risen today after the company announced it would acquire the companies involved in its growing micro-lending operations.

All systems go or problems ahead? Australia’s exchange monopoly enters a new dawn with mixed blessings.

ANZ’s trend data for job advertisements in Australia suggests employment growth is to slow in the months ahead.

Speculators thought the long mooted offer was finally on the table, turns out the company was forced to issue a profit warning.

James Hardie should be fairly resilient when it comes to any US housing downturn, UBS says, while stating that the company’s fibre cement business should begin to dominate the share price.

A takeover offer with a profit warning. And a scheme of arrangement with management support for the offer. Enough for investors to digest and to weigh up, one would think.