Daily FNArena News - Australia

Forget diplomatic argy-bargy – just how worried should we be about these Chinese stock market drops?

A potential recovery in mineral sands demand remains the key for Iluka.

Some stockbrokers see CSL’s earnings guidance for FY10 as conservative, others argue the stock is not good value.

IT services group Oakton did it tough in FY09 but with demand improving and with the company restructured the outlook appears brighter.

The Westpac-Melbourne Institute Leading Index for Australia has continued its upward path in June.

Advertising play Photon Group announced an equity raising to address debt concerns but the move leaves broker opinion mixed.

The minutes of the August RBA monetary policy meeting were released this morning. The next rate movement will be up.

Leighton Holdings largely matched expectations with its profit result but brokers are now evenly split on the company’s prospects.

Most bank analysts have now switched their views towards more positive ratings in light of the rally, but CLSA’s Brian Johnson is maintaining an Underweight stance.

Healthcare IT group iSOFT’s US acquisition could be a beach-head into a market offering significant growth potential.