Daily FNArena News

The Chartist reports any signs of a meaningful rally for gold are absent as price action continues to suggest the downside.

ANZ Bank has sold its life insurance operations to Zurich Financial. Most brokers consider the price reasonable and speculate about the use of the proceeds.

Genex Power is positioned to benefit from changes occurring in the National Electricity Market. Canaccord Genuity initiates coverage with a speculative Buy rating.

Peter Switzer of the Switzer Super Report outlines why he sees no reason 2018 can’t be another good year for stocks.

Oil and gas explorer AWE has landed a second bid in as many days, with Mineral Resources revealing its hand with an all-scrip offer.

Cleanaway Waste Management intends to acquire Tox Free Solutions, consolidating Australia’s waste management industry, and brokers are largely positive about the merger.

Michael Gable of Fairmont Equities suggest Aristocrat Leisure may pull back further but that would provide a buying opportunity.

Cost pressures are mounting for miner South32 but so far higher commodity prices have enabled margins to increase across the operations.

Insurance Australia Group has done another quota share deal, this time with a group of reinsurers. Brokers suggest the advantages are already factored into the stock.

Saxo Bank suggests ten events that could derail global markets next year which few would be expecting.