Daily FNArena News - Australia

Having resisted for some time, ResMed has announced the start of quarterly dividends in an announcement met with a mixed reaction.

The AUD, it’s likely directions and what stocks will be affected, plus glimpses at mining and media.

Cash flow and balance sheet pressures have weighed on the Paladin share price in recent months but some brokers see significant upside as these measures and uranium market sentiment improve.

An update from Lend Lease painted a solid picture and with Barangaroo remaining a catalyst most brokers continue to rate the stock as a Buy.

Margin pressures and tough market conditions have seen Toll Holdings lower earnings guidance and brokers have reacted by cutting forecasts, price targets and ratings.

Australian REITs outperformed in April as capital management boosted net tangible assets and brokers expect this trend will continue.

New RBA data show the Australian Mining/Resources sector is a much bigger part of the economy than ABS numbers indicate.

The promised follow-up in Monday’s Weekly Insights: favourites and “traps” for yield investment strategies via the Australian share market.

News Corp has posted a “beat” and an increased buyback but near term catalysts are not necessarily that inspiring.

Big miners are scaling back capex plans and this has the potential to impact on the mining services sector, where brokers have updated their preferred exposures.