Street Talk
Rio Tinto over BHP Billiton on earnings, capital management: CLSA
Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis
Updated
BHP Billiton and Rio Tinto shares seem to be at frothy levels, but broker CLSA reckons there could yet be further upside.
CLSA analyst Kaan Peker told clients the flow of money away from bond style equities and into growth stocks will continue for a while yet.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au
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