Metcash and the Mitre 10 Group announced that more than 98% of Mitre 10’s shareholders had voted in favour of Metcash injecting an estimated $55m of new equity capital into the Mitre 10 Group, in return for the issue of a 50.1% interest. [More]

Local stocks continued a common theme for the week, finishing the day near where it started. [More]

Australian stocks followed a positive lead from Wall Street overnight to be 0.2% higher by midday. [More]

Price targets range from $4.00 to $5.10. [More]

JPMorgan downgrades MSL to NEUTRAL with a price target $2.95. [More]

Goldman Sachs JBWere upgrades CFX to BUY with a price target of $2.05. [More]

CBH Resources said Nyrstar NV increased its takeover offer from 13.5c per share to 19.5c per share. [More]

Wall Street recovered at the end of a choppy session Thursday as investors weighed mixed economic data and news that China’s inflation had spiked in February. [More]

The Australian sharemarket finished lower Thursday as losses from a few of the heavyweight miners and financials eventually outweighed strong gains seen among other blue chips. [More]

Bendigo and Adelaide Bank received an upgrade on its credit rating outlook from Fitch Ratings services. [More]