Daily FNArena News - Australia

As part of a review of the Australian IT services sector Morgan Stanley has initiated coverage on Talent2 with an Overweight rating.

An independent gauge for inflation in Australia suggests prices for fruit and vegetables and for rents are pushing up consumer inflation.

Cool and wet weather are seeing retail sales deferred. The realisation has prompted a downgrade to a Neutral rating at Credit Suisse.

Market strategists at major stockbrokers have been adjusting their preferences and ideas for the months ahead.

Earnings guidance at Nufarm’s AGM was met with mixed reviews as brokers remain divided on their opinions on the stock.

Following underperformance against the broader market value appears to be emerging in the Australian REIT sector, so brokers have outlined some of their preferences.

A snapshot of economist responses to today’s third quarter GDP result, which at 0.2% growth was below expectation.

Rio Tinto tantalised investors at its seminars last week, but analysts do not necessarily see capital management in the shorter term.

Newly listed contract mining group MACA Limited offers value according to DJ Carmichael, as its projections suggest the shares are currently trading on too significant a discount to peers.

With weak operating conditions facing banks in FY11, the ignorant government witch hunt is not exactly helping.