Daily FNArena News

BA Merrill Lynch has reinstated coverage on Downer EDI with a Buy rating, attracted to a stronger balance sheet and exposure to diverse markets among the engineering/construction sector plays.

FNArena’s weekly update on short positions in the Australian share market.

While total ad market spending rose slightly in the June half the figures for August showed weak market conditions, prompting JP Morgan to adjust expectations across the media sector.

While Spain continues to offer cause for concern, Kathleen Brooks of FOREX.com suggests the EURUSD rally may have further to run on the back of further QE from the US Fed.

Michael Gable of Novus Capital would like to see the ASX200 meaningfully confirm a level above 4400 before he can dismiss the potential for another down-move.

A glance through the latest expert views and predictions about commodities with indications of favoured commodities to benefit from QE3 and updates on copper, zircon and oil.

This week ATW’s Jerry Simmons examines historic break-ups for the Dow and Nasdaq, along with a look at currencies, gold and energy.

The fundamental outlook for uranium prices is growing increasingly positive, but as the world talks, the spot price continues to trickle lower.

Ardent Leisure has expanded its health club assets and the key positive is the structure used, as brokers see greater flexibility to invest in further growth.

Despite a drug crystallisation issue pushing back its testing timeline, Phosphagenics continues to offer upside through its drug patch delivery technology in the view of Bell Potter.