Daily FNArena News - Australia

Flight Centre delivered solid earnings with guidance for the coming year seen as conservative by a majority of brokers.

Atlas iron delivered a weak result but valuation upside from expansion plans is keeping brokers interested.

A better than expected result was accompanied by solid guidance for FY13 and sees Buy ratings continue to dominate for NRW Holdings.

Seek’s resilient result surprised the market but not all brokers are convinced the outlook is positive.

CSL delivered a solid result and further growth is expected but valuation is preventing a number of brokers from being more positive on the stock.

Yancoal’s first interim profit result showed weak coal markets continue to impact while debt remains an issue.

A weak nickel market has meant weaker full year earnings for Western Areas but the company’s low costs imply upside when market conditions improve.

DJ Carmichael sees value in the Australian gold sector, preferring low cost producers with M&A potential.

A solid full year profit result was offset by weaker guidance for FY13 but most brokers continue to rate Brambles as a Buy.

Japan’s called it, but Australia and the US are waiting for confirmation. As world food prices soar, could we be in for another round of El Nino? And global inflation?