Daily FNArena News - Australia

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.

March quarter sales were strong across Wesfarmers’ main retail divisions but brokers highlight the challenges of keeping all the balls in the air.

FNArena’s weekly update on short positions in the Australian share market.

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Henderson Group’s growth story goes from strength to strength and brokers ponder the potential for a return of capital to shareholders.

Beach Energy will renew its focus on Australian conventional assets and brokers contemplate where the strategic review may be heading.

As three of Australia’s four big banks prepare to deliver earnings reports next week, brokers contemplate whether share prices have any reason to go either up or down.

ResMed revealed strong growth in flow generator sales in the US in the March quarter but disappointed the market when it came to masks.

Australian Pharmaceutical Industries impressed brokers with its retail expansion but uncertainties prevail in its wholesale division.