Telstra Shares (TLS) at Record Lows – Sell Telstra Shares

Telstra analyst briefing ‘preaching to the compliant’ Telstra continued its dismal trading this week despite the company’s management making its best efforts to try and put a positive ‘spin’ on the company’s future. Telstra announced in a four-hour marathon analyst briefing this week that it would cut its workforce by 15 per cent and restated its belief that it could continue to maintain dividend levels.

Buy PRU Perseus Shares ? Chart Looks Hot.

PRU – Perseus shares look to be a buy on a break of $2.00 short term resistance.

We see the chart in a prevailing long term up trend, with prices about to break atop the recent swing

high at $2.00.

Cochlear, COH Shares Look A Buy – New Up trend on chart.

COH is a quality blue chip stock in the Bio Sector which has been heating up lately, just take a look at CSL shares,
up significantly over the past few weeks

Buy Arrow Energy Shares (AOE) – Takeover Bid offer

Arrow Energy Ltd (ASX:AOE) says it has received a conditional takeover offer from a company jointly owned by Royal Dutch Shell and PetroChina. The gas explorer and producer says the non-binding indicative proposal would allow shareholders to receive consideration of $4.45 cash per share plus an interest in a new entity comprised of Arrow’s international business.

WDC – Westfield Shares Report Profit Earnings Increase

Westfield Group, the world’s largest shopping mall landlord by market value, posted an operating profit of A$2.06 billion ($1.86 billion) last year and said sees distribution of A$0.64 per security for 2010.

Myer Float IPO – Buying Myer Shares

MYER shares have been priced at $4.10 which analysts say should ensure a good market debut for the stock on Monday.

Although the price was at the lower end of the company’s indicative range of $3.90 to $4.90, the company says the offer received strong demand from retail investors and local and overseas institutions, The Courier Mail reports.

After three years in the hands of private equity owners, Myer will hit the boards with a market capitalisation of about $2.4 billion.