Daily FNArena News

ABN Amro Morgans suggests Clover is best left aside for the near term following a surprise profit warning.

Spotless Group has been out of favour in the market for some time and its latest result is unlikely to change this view given brokers have cut estimates to reflect ongoing margin pressure.

The ACCC has rejected TABCorp and UNiTAB will probably reject Tattersalls. Where does that leave everything?

Mariner Financial is offering units in the Mariner Pipeline trust, which carries a yield premium but little growth. New discoveries will become necessary if the PNG pipeline does not proceed.

The WGC reports strong investment demand in the second quarter, while technical signals are strengthening and supply remains constrained.

A second big rally on Wall Street last night was triggered by a benign CPI increase, following from a similar PPI figure on Tuesday.

Weekly musings from your editor. Written late on Wednesday, but mostly read on Thursday.

There has been no change to Morgan Stanley’s positive outlook for the Japanese economy despite lower than expected growth in the June quarter.

Bank of Queensland should receive an earnings boost from its proposed takeover of Pioneer, but brokers are not turning positive given the stock remains expensive compared to the sector.

Dennis Gartman has cut his gold exposure by half. Why would anyone who’s bullish on gold do such a thing?