Daily FNArena News - Australia

Fletcher Building is benefiting from the Christchurch rebuild, but elsewhere in NZ and in Australia the story is not so rosy.

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

Newcrest’s production guidance downgrade for FY13 was not unexpected and brokers believe, longer term, the company has lots of potential.

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

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

The cash holdings of the average Australian investor have fallen to a two-year low, while equities holdings are at a two-year high, according to FNArena’s latest survey.

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

The diversified miners and pure-play iron ore miners have underperformed the market this year and frustrated shareholders. Iron ore price fears are but one issue. Is there actually value in owning these companies?

UGL surprised brokers by announcing a corporate review and they suspect it is designed to shake up sagging confidence in the stock.

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