Daily FNArena News - Australia

Having shelved its various grandiose expansion plans, BHP is now focused on making more out of what it’s got. Analysts weigh up the benefits.

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

AGM commentary from Crown included better than expected trading results for the year to date, supporting the view of most brokers there remains value at current levels.

Sandfire’s quarterly production report showed the DeGrussa expansion continues apace but valuation is becoming an issue for brokers covering the stock.

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

PanAust delivered a solid September quarter production report and with a strong balance sheet and growth options in development, Buy ratings continue to dominate.

AMP’s funds flow has improved but other issues remain to drag on broker ratings.

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

ResMed delivered a solid quarterly seeing brokers lift earnings forecasts, but ratings remain split between Buy and Hold given concerns with respect to competitive bidding.

AGM commentary from Amcor has reiterated previous earnings guidance for FY13 and on the news broker ratings for the stock remain weighted to the Buy side.