Daily FNArena News

Almond producer Select Harvests has acquired a land bank that should enable a doubling of planted acreage by 2018, and Moelis is enthusiastic.

A wrap of the day’s activity on the Australian stock market.

The market has sold down BHP on disappointment with regard to capital management, thus overlooking the strategy behind the spin-off as well as increased value in iron ore and copper production.

Private hospital and pathology operator Healthscope is in the right place, given the current trends in Australia, and several brokers have initiated coverage.

The technicals suggest the S&P500 still needs to consolidate before pushing on to higher highs, The Chartist reports, although it hasn’t behaved as such to date.

Peter Switzer of the Switzer Super Report argues the case for sticking with the banks and Telstra.

A wrap of the day’s activity on the Australian stock market.

Brokers found little to be negative about in accommodation operator Mantra Group’s maiden FY14 result and outlook.

Media intelligence service iSentia’s maiden result as a listed entity was ahead of prospectus forecasts. Several brokers analyse its potential.

Michael Gable of Fairmont Equities suggests Flight Centre is technically neutral at present but strong support exists on any drop.