Daily FNArena News - Australia

Telecom companies prove the sector is still enjoying its purple patch.

TPG Telecom’s strong growth story pleased brokers. They now want to know what capital management is in store.

Goldman Sachs has downgraded its iron ore price forecasts but a Conviction Sell on Rio Tinto from Goldman Global belies a Neutral rating locally. BHP is also at odds.

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

Orica flagged some negatives for earnings this year but brokers are pinning hopes on the temporary nature of such factors.

M2 Telecom’s latest acquisitions, Dodo and Eftel, could empower the company but require a lot of juggling and increased risk, brokers maintain.

The Cyprus bailout package contains a tax on bank deposits. This is a dangerous policy that creates a new situation, one more perilous than ever, according to professor of economics.

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

Brokers and analysts see narrowing margins and cap rate compression potential in A-REITS. In picking stocks, preference for earnings growth is maintained.

Major Australian Brokers are almost unanimous in their appreciation of Oil Search. FN Arena looks at why.