Daily FNArena News

Lihir Gold announced solid production for the September quarter and a better than expected increase in reserves, so brokers remain broadly positive on the stock at current levels.

Much faith has been put in late money preventing any significant stock market correction.

Intersuisse believes Tox Free Solutions is poised for strong earnings growth in coming years.

Both TradeTech and UxC raised their weekly spot price indicators for the week past.

Higher CPI data increase means the question for the RBA is not whether rates should go up or not, but by how much next week.

For a company that guided for “improvement” a few months ago, an upgraded call for 25% FY10 growth has confirmed analyst confidence.

Citi expects education provider Navitas to deliver strong earnings growth in coming years and so initiates coverage on the stock with a Buy rating.

Industry analyst MEPS has forecast a 9.5% fall in global steel output in 2009 as the economic downturn has reduced demand.

The market largely ingnored CSR’s interim result to focus on the equity issue prior to the proposed de-merger of the sugar business.

National Australia Bank’s Quarterly Business Survey showed further gains in business conditions and confidence levels in Australia.