The past week saw one deal concluded in the U3O8 spot market, but no price change.
IAG had a terrible year capped off by a woeful FY08 result, but a new CEO and a leaner and meaner outlook sees the market maintain some hope for the future.
A solid result despite tough conditions and a bright outlook sees Merrill Lynch upgrade Billabong to a Buy.
The recent rally in the US dollar has pushed down gold prices, but a number of factors sees Standard Chartered expecting the price to rise.
With over 100 companies reporting, this last week of reporting is also the busiest. Elsewhere, European data will be closely watched.
The Zinifex takeover destroyed significant shareholder value, but brokers are giving Oz Minerals the benefit of the doubt on expectations of strong future growth.
Ausenco delivered a better than expected half-year result, and with full year guidance suggesting further gains, most brokers are positive on the stock.
A solid FY08 sees another broker covering the stock, but more runs on the board are needed before anyone’s really impressed.
Anger is building in the land of the free market and the home of the no longer brave, as non-disclosure and deception accusations fly around the mortgage twins.
Centennial Coal matched earnings expectations for FY08, but forecast volume and margin increases has brokers positive on the stock.
