Daily FNArena News - Australia

Emeco Holdings has reiterated full year earnings guidance and lifted capex intentions for FY13, the result being brokers see value at current levels.

Last week local brokers spent a lot of time talking about China, while the banks, house prices and the local gold sector also featured.

Brokers discuss their views on Australian stock allocations with regard to the current climate of eurozone uncertainty.

Brokers mostly see little in the way of respite for Myer’s sales weakness.

Fund manager Alphinity argues conditions are right for the next long up-cycle for insurance sector margins and share prices.

JP Morgan view Regis Resources as a quality emerging gold play while Macquarie sees improved value in the gold sector in general.

Graincorp delivered a record interim profit result and lifted full year guidance but is the stock too well priced?

With the interim result season now complete, and euro-fear having re-emerged, bank analysts have reviewed their Australian banking sector outlooks.

James Hardie bosts significant upside potential from a US housing recovery, whenever that may occur.

Full year earnings for Campbell Brothers were a little above market consensus but question marks over earnings visibility in the core minerals testing division in FY13 remain.