Daily FNArena News - Australia

While Transurban’s quarterly traffic data was weak last quarter, dividend expectations and relative value mean Buy ratings continue to dominate.

Interim earnings from Ten Network disappointed the market and broker opinion on the stock remains divided.

Analysts were ready for a weaker production report from Iluka but were quite surprised by the weakness in zircon sales. Caution required in a tricky game.

Leighton recently shattered market confidence with yet another big write-down, and now Transfield has pulled out a shock write-down on a legacy contract leading to questions over transparency and management.

The RBA intends to wait for the March quarter inflation data before deciding there is scope for an interest cut, suggesting a cut may well be the case in May.

The RBA today decided to leave its cash rate unchanged at 4.25%.

Expansion and improved earnings from theme parks should drive solid earnings growth for Ardent Leisure, reports Deutsche Bank.

While Aurora Oil and Gas remains on track to lift production brokers question the value on offer in the stock following recent share price gains.

Most brokers are cautious but not overly negative over the pending split between accounting software partners Reckon and Intuit, but Macquarie sees things rather differently.

Moelis joins Deutsche Bank and RBS Australia in rating Decmil a Buy, seeing earnings growth from contract wins and the group’s managed village offerings.