Australian Financial News from the Australian Stock Market.

Rio Tinto (RIO) Stock To Sell

Rio Tinto (RIO) is an international mining company, which is listed on both the Australian Stock Exchange and the London Stock Exchange. The group is an industry leader in most of the major commodities markets, including aluminum, coking and thermal coal, copper, manganese, iron ore, uranium, nickel, silver and titanium. On top of this, Rio


Buy, Sell, Hold Recommendations – Herald Sun 9/6/2013

As featured in the Herald Sun on June 9th 2013 here are the latest buy, sell and hold recommendations from Geoff Saffer Equity Analyst & Educational Facilitator at the Australian Stock Report. Geoff has over 10 years’ experience researching and analysing Australian shares, with a passion for fundamental analysis and specialty in identifying undervalued companies – particularly


Newcrest Mining Limited Nosedives (NCM)

Newcrest Mining (NCM) is Australia’s largest gold producer and one of the world’s top five gold mining companies by production, reserves, and market cap. NCM’s main operations are in Australia, Indonesia, Papua New Guinea, Fiji and West Africa. The group’s flagship mine is PNG-based, Lihir, with the other offshore operations being Gosowong in Indonesia, Hidden


Fortescue Metals (FMG) Drop In Ore

Fortescue Metals Group (FMG) is the third biggest iron explorer and producer in Australia. Its operations are located in WA’s Pilbara region, which also hosts mining giants BHP and Rio Tinto. FMG’s holdings in the region cover close to 85,000 sq km, with resources estimated at 13.2 billion tones. Iron ore outlook In the last


Sell Share Boart Longyear Limited (BYL)

Boart Longyear (BLY) provides contract drilling services to the mining, environmental, infrastructure, and energy industries. The Drilling Services business provides drilling services to the mineral exploration, development and production, environmental, infrastructure and energy markets. The Drilling Products business designs, manufactures and sells drilling equipment such as drills and support systems, as well as bits, rods


News Corporation (NWS) Buy Share

News Corporation (NWS) is a diversified media conglomerate with interests all over the world and in most facets of media. NWS is broken up into six main segments: >>Cable Network Programming, which includes names like the FOX News Channel, FOX Business Network, FX, STAR and many other popular pay-TV channels. >>Filmed Entertainment, which includes Fox


Super Retail Group Limited (SUL)

Super Cheap Auto (SUL) is Australasia’s leading retailer of automotive and boating, camping and fishing products. The company boasts a number of brands, including Super Cheap Auto, BCF Boating/Camping/Fishing, GoldCross Cycles, Ray’s Outdoors and Rebel Sport. 1H13 Results The group’s recent 1H13 results were a solid improvement on the 1H12 results. Revenue rose 37% to


The Westfield Group WDC Share To Watch

Westfield Group (WDC) is the world’s largest listed retail property group. The group has a global portfolio, comprising 105 shopping centres across five countries. It also manages all aspects of shopping centre development, from design and construction through to management and marketing. FY12 results Today WDC reported an 18.3% rise in FY12 net profit to


Share To Buy Mirvac Group MGR

Mirvac Group (MGR) is an internally managed, diversified property group. Since the company sold its hotel management business in December 2011, the company comprises of two core divisions, Investments (MPT/MRES), which is a trust structure and includes office and retail portfolios. The division also includes its Investment Management arm. Development, which develops a variety of property