Daily FNArena News

Downer EDI has sorted out its problems and brokers are impressed. The company is considered well placed to deal with the obstacles ahead.

Fixed-income investors that have targets based on imperfect risk measures are tempted to take on additional risk to raise their yields.

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

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Merrills is the latest broker to take up the conviction list theme while other brokers update their views.

A wrap of the day’s activity on the Australian stock market.

If anything, it is the strong Aussie which prompted a mostly unexpected cut in the RBA cash rate to 2.75%.

The RBA today cut its cash rate by 25bps to 2.75%.

Karoon has discovered oil at the Bilby prospect, making it a successful number two out of three wells drilled in Brazil’s Santos Basin.

Brokers were largely relieved by the first half results, which provided more clarity on Orica’s growth path and signal potential for a re-rating.

Peter Switzer of the Switzer Super Report argues the value case for BHP at these levels.