Daily FNArena News

Before its IPO is even complete, Algae.Tec has signed two new company-defining memoranda of understanding requiring a supplementary prospectus and an IPO extension.

One of the most persistent bulls in the market believes investors should buy now because a rally of March 2009 magnitude might be forthcoming.

Despite a significant second half, BHP’s result still fell short of broker expectations on the earnings line.

Macquarie Airports delivered a solid interest result and a special distribution, the combination enough for brokers to reiterate the stock offers value at current levels.

Today’s release of capex data by the ABS in Australia carried short term disappointment, but also longer term confirmation.

Economics professor Thorvaldur Gylfason argues authorities have allowed bad behaviour among bankers to flourish, and this caused today’s problems.

With alumina pricing set to be released from aluminium price indexing, there is potentially a considerable valuation re-rating on the cards for Alumina Ltd.

A snapshot of economist responses to today’s second quarter data on construction work done.

Price charts are painting a rather ominous outlook for equities, reports the TechWizard (with charts).

A rebound in travel bookings in FY10 meant a strong Flight Centre profit result and with guidance positive in coming years forecasts and targets are moving higher.