Weekly Reports | Jun 28 2013
Our top ten news from 20 June 2013 to 27 June 2013 (ranked according to popularity).
The Australian stock market is in correction mode but the falling AUD is providing a substantial boost to net corporate earnings forecasts.
By Rudi Filapek-Vandyck, Editor FNArena I spent the whole weekend at the Novotel in Brighton-Le-S
The spot price slid a little last week and remained below US$40/lb as stubborn sellers are growing increasingly resistant to bargain hunting buyers.
If a new government repeals the carbon tax, certain companies will benefit, while a weaker Australian economy would lift bank bad debts, and the battle is on for casinos and Aussie punters.
RBC Capital Markets and others expect a quick restart of Japan's nuclear fleet which could signal the beginning of a new age for uranium.
Woodside's investment in the Leviathan LNG project offshore Israel hangs in the balance as deadlines approach. Committed funds may yet be given back to shareholders, once again at the expense of growth options.
Weekly update on recommendation, target price, and earnings forecast changes.
Peter Switzer of the Switzer Super Report explains that he is looking to increase his equities position on the pullback when the time is right.
It was not a good day for Fortescue to downgrade production but the rest of the update was actually good news.
US shale oil producers are hoping to export LNG at prices which challenge oil-indexing and play into the hands of angry Asian importers. Just what impact might this have on Australian LNG projects nearing completion?