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Outlook: Aus shares tipped for cautious open
21 May 2013 - Aus shares tipped for cautious open. Transfield Services Limited (ASX:TSE) shareholders are bracing themselves for a potential earnings downgrade, with the company to hold an investor briefing today.

Market Wrap: ASX feels weight of falling gold
20 May 2013 - ASX feels weight of falling gold. Santos Limited (ASX:STO) commences first oil production at its $490 million offshore Fletcher Finucane joint venture in Western Australia's Carnarvon Basin.

Midday: ASX enjoys strong start
20 May 2013 - ASX enjoys strong start. Australian Agricultural Company Limited (ASX:AAC) has offloaded 3 dry land farming and grazing properties in Central Queensland for $23 million.

Suncorp mulls non-core bank sale
20 May 2013 - Suncorp Group Limited (ASX:SUN) hopes to sell most of its non-core bank four years after it was established.

Optus to roll out 4G
20 May 2013 - Singapore Telecommunications Limited (ASX:SGT) owned Optus will roll out Australia’s first multi-band 4G network in the next year.

Key Macro Trends
 

20 May 2013 - Investment advisor James Gerrish takes a technical look at S&P 500, S&P/ASX 200, AUD vs USD, US Dollar Index, Shanghai Composite Index, S&P/ASX Materials, Spanish ten year bond, Italian ten year bond.

Leighton to appoint new directors
20 May 2013 - Leighton Holdings Limited (ASX:LEI) will appoint five new directors before July, following a string of executive resignations earlier this year.

GPT sells shopping centre stake
20 May 2013 - GPT Group (ASX:GPT) sells its 50 per cent interest in the Erina Fair shopping centre for $397.1 million.

Rio slams court decision
20 May 2013 - Rio Tinto Limited (ASX:RIO) says a court decision to block the expansion of its Warkworth coal mine puts more than 150 New South Wales projects and tens of billions of dollars at risk.

Crown approved to increase Echo stake
20 May 2013 - Crown’s Limited (ASX:CWN) bid to increase its stake in rival Echo Entertainment Group Limited (ASX:EGP) has been approved by Queensland's gaming authority.

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