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The market immediately downgraded novated lease business McMillan, following Rudd’s proposed FBT changes. But it is now trading as a proxy for the election.
Coffey and Bradken have already announced their results and while solid, they do not have a convincing percentage of their order book contracted and underway.
The surprises for the first few days of this week seem to lie marginally on the upside with a number of upgrades – Goodman Fielder, Prime Media and Domino’s Pizza to name three. Newcrest was the b..
After a long hiatus, a number of corporates are coming back to the bond market, with some good opportunities for yield for the SMSF investor.
It looks like the big guys are still very, very wrong on this one. They just don’t understand that however “overvalued” it looks, the mums and dads still love it and that’s what will drive yie..
It’s that time of year again. The time of year that global markets take a holiday from reality, regardless of what else is going on. Here is what you can do about it.
For SMSF investors, it’s all about the income and what yield companies will be able to pay. There is both good news and bad news on that topic for the companies reporting this week.
Financials were behaving well this week and Challenger Diversified, Henderson and IRESS all got upgrades, as brokers absorbed earnings results.
Thomas Rice of PM Capital explains why this little company has a story that’s a lot more interesting than most in the markets give it credit for.
Some find the consumer staples sector boring, but they do mirror the market and pay solid dividends – not something to be sneezed at.
