Macquarie urges caution over mining services

THE latest equities report from Macquarie Research has forecast reduced earnings for the resource construction sector, as a result of the credit crunch and a potential Chinese slowdown.

Macquarie urges caution over mining services Macquarie urges caution over mining services Macquarie urges caution over mining services Macquarie urges caution over mining services Macquarie urges caution over mining services

While Macquarie did not downgrade its 2009 financial year earning forecasts for mining service outfits, it predicted a material reduction in 2010 earnings.

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