Daily FNArena News

While analysts debate whether the oil price has bottomed, Australia’s mid-cap producers are being forced to rethink their strategies. Brokers discuss their preferences.

Brokers discuss whether an investment in beaten down WorleyParsons is worth the risk.

MMA Offshore has signalled earnings in FY15 will be flat on FY14, as customers revise expenditure plans and competition for work intensifies.

Michael Gable of Fairmont Equities suggests ResMed may fall further before the upside trend resumes.

The recent slip in the spot uranium price became a plunge last week as selling outstripped buying interest. Term contract prices have also fallen

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. FNArena takes note of recent changes to stock pick favourites and Conviction Lists.

May is considered a significant month as both companies and analysts harden their views on the upcoming financial year-end earnings reports.

Weekly update on recommendation, target price, and earnings forecast changes.

Australia’s economic transition will be significantly hampered by steeper than expected falls in resource sector construction, exacerbated by lower commodity prices, BIS Shrapnel concludes.

Nick Linton-Ffrost of Fifth Wave suggests the technicals suggest further downside for the ASX200, with a break of 5750 implying a move to 5500.