Daily FNArena News

It won’t settle the age old argument as to what asset class delivers the best returns but an ASX commissioned report by Russell Investment Group showed shares generated the best real returns over the past 10 and 20 years.

Transfield Services surprised the market with reduced earnings guidance last week and the update has caused some brokers to re-asess the company’s outlook.

Both the Fed and RBA release the minutes of their last monetary policy meetings in an otherwise quiet week for data.

An update by Henderson Group has contained no surprises according to brokers and only recent share price strength has prompted any change in ratings for the company.

Commonwealth Bank no longer expects to outperform its peers.

Linc Energy has reached a major milestone, and has also become very popular in the US.

CSR’s earnings result was slightly better than had been expected but with tough conditions likely in most of its markets brokers remain unenthused about CSR.

The TechWizard reports buying WorleyParsons shares in temporary dips seems like the most suitable approach.

Recent data on the New Zealand economy have been weaker than expected and has analysts and traders predicting cuts in interest rates and corresponding falls in the Kiwi dollar.

Weekly musings from your editor. Surely the most asked question these days is: is this the beginning or just a fata morgana?