LATEST FINANCE NEWS

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21 May 2012 - Aus shares close 0.78% higher. Qantas (ASX:QAN) confirmed it will cut of 500 engineering jobs and close its heavy maintenance base at Tullamarine.
 

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21 May 2012 - Aus shares up 0.5%. Syrah Resources Limited (ASX:SYR) will divest its interest in Syrah’s Saudi Arabian subsidiary.
 
COMPANY NEWS
news itemOrica to build chemical plant in WA
Explosives maker Orica Limited (ASX:ORI) has partnered with worldwide chemical company Yara and Apac ...
news itemElders H1 earnings up
Elders Limited (ASX:ELD) has generated a net profit of $40.5 million for its first-half results endi ...
news itemRio Tinto rethinks Pilbara expansion
Speaking at an industry conference last week, Rio Tinto Limited's (ASX:RIO) chief is reportedly ...
news itemJames Hardie boosts FY earnings
James Hardie Industries (ASX:JHX) has posted a full-year net profit of $613 million.

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news itemGrainCorp to announce HY profit

GrainCorp Limited (ASX:GNC) will be posting its half-year profit this week with the grains han ...

news itemNAB increases note offer to $1bn
National Australia Bank Limited (ASX:NAB) has lifted its subordinated notes offering to $1 billion.< ...
news itemSantos cautions on LNG blowouts
Santos Limited's (ASX:STO) CEO and Managing Director David Knox has cautioned the liquefied natu ...
REAL ESTATE

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16 May 2012 – The government says the family home is safe, but experts are exploring new ways to fund Australia's growing retirement costs.
 

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11 May 2012 – The Real Estate Institute of Australia says the government has failed to introduce any new initiatives to address housing affordability in this year’s federal budget.
 
COMMENTARY
US Finance News
Facebook marked its first day of trading by breaking several records: posting the highest ever retail demand and becoming the largest technology IPO ever. Google, Pinterest and Zynga also made headlines this week.
05/18/12 Focus will remain on Europe and Facebook in the upcoming trading week. A slew of US housing data will be coming out, alongside durable goods orders and consumer sentiment figures.
05/18/12 On the day of Facebook's debut, Europe worries still led the way for yet another session of declines for the Dow, extending a streak not seen in nearly 40 years.
LATEST COMPANIES TO REPORT
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INTERVIEWS

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16 May 2012 – Ventnor Resources Limited (ASX:VRX) MD Bruce Maluish talks about the base metals explorer’s drilling campaign at its Thaduna and Green Dragon copper project as it works to define a maiden resource.
 

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15 May 2012 – CRU Group consultant Professor Allan Trench provides an outlook for commodities to 2015, forecasts stand-out performers and details where to find value in mining stocks.
 

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15 May 2012 – Corazon Mining (ASX:CZN) Managing Director, Brett Smith, provides an update on drilling at its Canadian, Nickel Sulphide Project, Lynn Lake.
 

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14 May 2012 - Apollo Minerals Limited (ASX:AON) Executive Director and COO, Dominic Tisdell, outlines the iron ore explorer’s plans to advance its Commonwealth Hill project in SA and Mount Oscar project in WA.
 

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14 May 2012 - Intra Energy Corporation Limited (ASX:IEC) Executive Chairman, Graeme Robertson outlines the coal producer’s projects in Tanzania, focus on domestic markets and plans to increase its resource base to meet demand.
 
COMPANY PRESENTATIONS
Intra Energy Corporation Limited (ASX:IEC) Executive Chairman, Graeme Robertson discusses African coal for African growth at the RIU Sydney Resources Round-up.
 
 
 
Realm Resources (ASX:RRP) Managing Director, Andrew Matheson, talks about its coal assets in Central Kalimantan, Indonesia and plans to move into production this year.
 
Coppermoly Limited (ASX:COY) Managing Director, Peter Swiridiuk, details the company’s exploration for major copper-gold systems in Papua New Guinea and Australia.
 
Managing Director and CEO , Scott Lowe talks about its Perkoa Zinc mine, Mumbwa Copper Project and case for an investment in the Company.
 
Mincor Resources NL (ASX:MCR) CEO and MD, David Moore, details the nickel miner’s operations, its Kambalda nickel business in Western Australia and JV with Niuminco Limited in Papua New Guinea.
 
Dampier Gold Limited (ASX:DAU) CEO Richard Hay outlines the investment case for the company, including its advanced project pipeline, discovery potential and fast track and low capex path to production
 
Managing Director, Geoff Lowe talks about its Mt Carrington gold project in Northern NSW and its drilling program.
 
Executive Chairman, Gus Simpson from emerging uranium producer, Peninsula Energy Limited (ASX:PEN) provides an update on its projects in the USA and South Africa.
 
 
 
 
 
FEATURE VIDEO
STOCK WATCH

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21 May 2012 - Investment advisor James Gerrish takes a technical look at S&P 500, S&P ASX200, US ten year bonds, China Shanghai Index, Spanish ten year bonds, Italy ten year bonds, ANZ, TLS, BWP, MIN.
 

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16 May 2012 - Investment advisor Gary Glover takes a technical look at S&P ASX200, All Ords, S&P ASX200 Materials, S&P 500 Cash, US Index Cash, CRB Futures, Copper Comex, Spain IBEX, RIO, ILU, WOR, JHX, NAB, ANZ, CAB, TLS, QBE.
 
DAILY FX REPORT
21 May 2012 - Another tough day for markets on Friday, although the Euro did rebound from it lows to finish near session highs. Aud and Kiwi, not so lucky and looking heavy. Greek and Spanish concerns continue to damage sentiment, although G8 leaders have urged for Greece to remain in the Euro. Heavy data week ahead.
RESOURCES CORNER

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21 May 2012 - BHP Billiton’s chief executive Marius Kloppers says most miners will face lower cash flows and chairman Jac Nasser says the miner will not invest $80 billion on growth projects over the next five years as announced last year.
 
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