Daily FNArena News - Australia

A better than expected interim result and an upward revision in full year guidance leads brokers to suggest there remains value in Credit Corp.

BHP Billiton is exiting peripheral operations to concentrate on its “mega projects”. Is there any value on offer for investors?

Given tough market conditions and upcoming earnings results brokers have reviewed the outlook and their preferences for the Australian media sector.

Brokers continue to offer their “expected surprises” for the result season and discuss how they see 2012 playing out for the local market.

The 2012 outlook for Australian Building and Materials companies looks to be a lot better than some of the doom and gloom merchants have been habitually predicting.

The headline CPI result was on the low side but does the RBA need to be quite so Europe-sensitive now as last year?

More Australian are staying at home for Christmas this year, while many that plan to travel are heading overseas.

Coca-Cola Amatil has delivered a soft trading update and brokers have reacted by trimming earnings estimates and in one case by downgrading to an Underperform rating.

New data from Russell Investments show that fund managers across Australia are banking on a positive 2012, probably.

Despite making substantial net profit downgrades for the next few years, analysts at Macquarie are still hearing Cochlear’s call.