Telecom/Technology

Private equity player Blackstone suggests there is value on offer in the Australian market and Moelis and Co has offered a list of companies it sees as attractive to such buyers.

Deutsche Bank has picked up coverage on iiNet with a Buy, adding to what were already unanimously positive views on the stock.

While Carsales.com trades on an earnings multiple of better than 20 times DJ Carmichael suggests the stock is still a Buy.

Telstra’s annual investor day update contained some good news but brokers continue to question the outlook for the company given a range of uncertainties.

The uncertainty has lifted and Telstra is soon to get a big cheque to help it through the NBN transition, stockbrokers note.

SMS Management & Technology posted a soid earnings result and with its markets improving and growth options brokers remain positive on the outlook for the stock.

Oakton delivered a solid full year earnings result, one that leads brokers to suggest the group’s turnaround is continuing.

Hutchison Telecommunications delivered a surprise result, suggesting the company is winning market share from its competitors.

Australian companies begin reporting FY10 results next week. FNArena provides some useful tips for the small investor – what to look out for, and what traps not to fall into.

Wall Street bungled its way to a gain last night but after-the-bell earnings from IBM disappointed, putting pressure on tonight’s trade. Dow up 56.