Australasian Investment Review http://www.aireview.com.au Aireview Industry leading investment news portal en-us Air Midday Market Rounduphttp://www.aireview.com.au/index.php?act=view&catid=8&id=11979Thu, 09 Sep 2010 11:45:35 +1000The market is up 46. The SFE Futures were up 30 this morning. Wall Street closed up 46 overnight with the S#38;P 500 recovering about half of yesterday's 1.2% loss. Consumer credit fell $3.6bn in July, Bids: Fosters In Playhttp://www.aireview.com.au/index.php?act=view&catid=8&id=11978Thu, 09 Sep 2010 08:17:30 +1000 The dismemberment of Fosters Group has now started, despite the company yesterday revealing that it had rejected a private equity offer for the company's underperforming wine assets. That approach, Deals: Small Oil Groups Look At Merginghttp://www.aireview.com.au/index.php?act=view&catid=8&id=11977Thu, 09 Sep 2010 08:16:32 +1000 So will a counter offer emerge for#160;Innamincka Petroleum#160;after it agreed to a friendly merger with Drillsearch Energy? The deal is#160;small beer, around $42 million for the Drillsearch all Bids: Andean, Only One Suitor?http://www.aireview.com.au/index.php?act=view&catid=8&id=11976Thu, 09 Sep 2010 08:15:46 +1000 Suddenly, there's now only one bidder for Andean Resources, diminishing the market's belief that an auction might be happening for the#160;gold miner. Andean had been under bid from Eldorado Gold Capital: Mirabella Looks For Up To $A200 millionhttp://www.aireview.com.au/index.php?act=view&catid=8&id=11975Thu, 09 Sep 2010 08:14:28 +1000 Perth-based miner Mirabela Nickel is looking to raise around $A200 million through a global institutional share offer and smaller offers to directors and other shareholders. The company#160;revealed Housing: Good Rise In Housing Loanshttp://www.aireview.com.au/index.php?act=view&catid=8&id=11974Thu, 09 Sep 2010 08:13:39 +1000 Buried by yesterday's wash up of the federal election outcome and the speculation about Fosters, the July home loan approvals data from the Australian Bureau of Statistics didn't quite get the attention Air Midday Market Rounduphttp://www.aireview.com.au/index.php?act=view&catid=8&id=11973Wed, 08 Sep 2010 11:35:12 +1000The market is down 23. The SFE Futures were down 27 this morning. Wall Street closed down 107overnight with the S#38;P 500 down 1.15% after the Labor Day holiday. This follows last week's 5.3% rise Rates: RBA Sitshttp://www.aireview.com.au/index.php?act=view&catid=8&id=11972Wed, 08 Sep 2010 08:32:38 +1000 Tomorrow's jobs figures for August will provide the first test of the Reserve Bank's small, but significant change in interest rate policy. Instead of#160;using the indeterminate "appropriate" to Rates: Look At The Changes To The Statementhttp://www.aireview.com.au/index.php?act=view&catid=8&id=11971Wed, 08 Sep 2010 08:30:53 +1000 As expected, no change to interest rates at yesterday's#160;Reserve Bank board meeting, but the central bank has advanced from 2011, to sometime this year, if the economy keeps strengthening and inflation Macquarie: Shares Down, But Fall Slowshttp://www.aireview.com.au/index.php?act=view&catid=8&id=11970Wed, 08 Sep 2010 08:29:59 +1000 Investors#160;sent shares in Macquarie Group Lower yesterday, punishing the bank for a second day after Monday's surprise 25% earnings downgrade. The shares lost 78c, or 2.2%, to end at $34.47 yesterday. That