Daily FNArena News - Australia

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.

Paladin Energy has made an equity placement to a Chinese equity firm, resolving the company’s near term debt issue and allowing for exploitation of higher uranium prices.

The gold price has fallen steadily in 2014 and is facing many headwinds, but all is not lost for Australian gold producers. Brokers outline their preferences.

Regardless of the likely recommendations of the Financial Services Inquiry, brokers consider Australia’s banks are well placed for future returns.

BHP Billiton has reduced its capex and increased its cost cutting targets further, while investor concerns now centre on dividend policy.

Amidst sharp traget price downgrades, brokers debate Cardno’s capacity to bounce back from a worse than expected profit warning.

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

Challenges persist for Australia’s miners as a surge in production confronts weak prices and soft global demand.

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