Daily FNArena News - Australia

Asciano has signalled some positive trends in its haulage and terminals business and brokers expect increased dividends.

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.

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.

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

The potential for stronger dividends has been flagged for Western Areas as the company delivers healthy March quarter production numbers.

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

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