Australia on tenterhooks ahead of earnings

Posted on April 10, 2011 at 23:30 PM EDT

A profit warning from Leighton may bode ill for Australia’s next earnings season, with some strategists pointing to recent flooding in parts of the country and the stellar rise of the Australian dollar as among factors that may depress results.

Related Stocks:

BHP Billiton Ltd. ADS DFM BANK IND Leighton Holding Ltd Qantas Airways Ltd Rio Tinto PLC ADS

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