Daily FNArena News

Arrium’s March quarter iron ore production and sales were disappointing and brokers maintain the pressures will continue for some time yet.

OZ Minerals is generating solid cash and will lift dividends but will also become more aggressive on acquisitions in order to replace absent growth. Brokers are cautious.

Michael Gable of Fairmont Equities suggests Telstra is close to completing its retracement.

Macquarie believes uranium inventories are building across the globe, suggesting near term downside risk for the spot uranium price.

Financial services firm Perpetual remains supported by buoyant equity markets and low interest rates but funds flow is slowing at market highs.

Santos is moving closer to start up of the Gladstone LNG project which is expected to be the next main catalyst for the stock.

Fortescue Metals has pulled out all stops to preserve cash flow in the face of sharp falls in iron ore but brokers are not confident the worst is over.

Ahead of the Herd’s Rick Mills discusses unfettered population growth and its impact on food, water and air.

Nick Linton-Ffrost of Fifth Wave suggests a break below 5900 for the ASX200 implies further downside.

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