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.
Weekly musings by your editor. There is a story unfolding behind the savage sell-off in gold. And it is a positive one.
Our athletes, Newcrest and Lihir, have both provided disappointing results on the gold front, although bullishness prevails for the miners.
The 1H08 result from Melbourne IT was sound and the FY outlook upbeat. Two local brokers are singing the company’s praises over the medium to longer term.
It’s been suggested that Chinese economic growth is slowing, but both CommSec and Westpac expect it to remain at around 10% in 2008 and into 2009.
As anticipated earlier this week, Ux Consulting has left its spot U3O8 price unchanged at US$64.50.
The Westpac-Melbourne Institute Leading Index fell again in June, suggesting continuing weakness in the economy and the need for a rate cut soon.
It all comes down to your interpretation of the word “early”.
Primary Healthcare has sold its pharmacy assets to Zuellig at an earnings multiple that puts the writing on the wall for Australian Pharmaceutical Industries.
