Media

Michael Gable of Fairmont Equities believes Seek may be setting for a strong break to the upside.

Carsales has acquired a majority stake in Stratton Finance in line with its complementary development strategy and brokers are generally impressed.

iSentia has performed strongly since listing in June and Moelis initiates coverage with a Buy.

Australian domestic tourism is soggy, TV advertising is subdued, retailing is disappointing, and credit growth is soft but there has been a bump up in gold prices.

Oz retailer risks; Coles and liquor; Morgan Stanley turns defensive; media winners; commercial property credit.

The Chartist suggests REA Group’s retracement appears complete and the stock could be set for substantial upside.

Nine Entertainment has held its first investor briefing since being listed on ASX and brokers like the story.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi argues a loss of radio talent is having a greater impact on Southern Cross Media than the market feared.

Tax burden on labour rising; US plantings delayed; Oz federal budget and consumer spending; FY15 earnings risk for Australian stocks; local advertising trends.

Ten Network is wedged between the need to get out of an earnings hole and the need to spend more money to obtain new content. Brokers are not optimistic.