Daily FNArena News - Australia

Bank result season has shown an Australian bank sector in a strong capital position, although slower bad debt reductions ahead focus attention on weak earnings growth.

Orica defied its own guidance on FY13, delivering a result above expectations and instigating several broker upgrades.

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

Ausdrill has been forced to sharply downgrade earnings forecasts as miners curtail activity, although the company’s balance sheet remains robust.

Echo Entertainment provided a subdued update at the recent AGM as VIP numbers fall away and the Australian consumer remains subdued.

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Weekly update on recommendation, target price, and earnings forecast changes.

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

FNArena’s weekly update on short positions in the Australian share market.

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