The airline leasing earnings of Allco Finance are unlikely to be affected by any move on Qantas so brokers say the stock remains a Buy with potential upside earnings surprise.
US-based trading guru Dennis Gartman is no gold bug. But he likes gold now and has increased his long position. He advises investors do the same.
Experts suggest there is simply not enough platinum to allow the creation of an ETF. The price has plummeted in response.
Weekly musings from your editor.
Inflation concerns in Australia may ease following the latest enterprise bargaining agreement wage outcomes, which suggest little pressure despite a tight labour market.
A private equity deal in the US listed property sector implies value in Australian LPTs, with brokers expecting current discounts to net asset value to close.
Australian banks are dealing with higher interest rates, potentially higher bad debts and slowing credit growth, but Merrill Lynch still expects the sector to outperform.
Austock Securities has upgraded Incitec Pivot to Strong Buy from Buy, suggesting earnings risk remains to the upside as the stock is now effectively “drought proof”.
Ziggy really sang. A draft of the government-commissioned nuclear energy report has been handed down in Canberra.
The platinum price recorded its highest jump in more than six years in London overnight.
