Daily FNArena News - Australia

It was disclosed last night that Molson Coors is selling its shares in Foster’s.

A 10% yield makes Ardent Leisure an attractive bounce-back story, for the patient.

Leighton’s shock profit warning has, by the brokers’ own admission, provided a timely reminder that large-scale construction projects carry considerable risk no matter who the contractor.

The AiG/CBA Performance of Services Index rose to expansionary levels in October for the first time since April, an outcome seem as positive for the Australian consumer spending.

It would appear management at Campbell Bros is very confident ahead of interim results later this month.

Prudence has dictated that the RBA should make a preemptive strike on inflation with a 25 basis point rate hike.

Contrary to economist expectations, the RBA had lifted its cash rate to 4.75%.

Macquarie Group may yet not meet FY11 guidance, but does playing contrarian imply greener pastures ahead?

A reassessment of the banking outlook following the NAB and ANZ results and the latest credit data, as well as the current political climate.

Quarterly earnings for ResMed were better than many in the market had expected, leading to increases to forecasts and continued positive views on the stock.