Daily FNArena News

Adelaide Brighton used a site tour to herald flat earnings for FY13. Brokers weigh up the positives and negatives.

The Chartist suggests the CBA experience adds weight to the chance of further upside for ANZ Bank shares.

A wrap of the day’s activity on the Australian stock market.

Tabcorp has updated the market on third quarter results and brokers are taking an each-way bet.

In the wake of Woodside’s special dividend and increased payout, and following another asset sale from BHP, stockbrokers continue to downplay any talk of special dividends or the like from the big diversified miners.

Last week was a slow week, but also a positive week, as buyers grudgingly agreed to slightly higher prices.

Michael Gable of Novus Capital suggests the ASX 200 has reached a critical juncture at which a lack of further gains would imply another drop to come.

It’s bearish near term for base metals amid surpluses for aluminium and copper and Deutsche Bank asks whether a rising US dollar can cap the oil price.

Peter Switzer of the Switzer Super Report suggests US traders might try to spark a “Sell in May” but are unlikley to have much of an impact.

A wrap of the day’s activity on the Australian stock market.