Stocks to watch on the Australian stock exchange on Monday:
ANN – ANSELL LTD – down three cents at $13.87
Ansell is due to hold its annual general meeting.
ANZ – ANZ BANKING GROUP LTD – down 11 cents at $20.99
ANZ has appointed Alistair Currie as its new chief operating officer following the departure of David Cartwright.
FXJ – FAIRFAX MEDIA LTD – down 2.5 cents at 91 cents
Fairfax Media metro digital publisher Jane Huxley says social networking has driven the rise in the number of women going online.
IBG – IRONBARK ZINC LTD – down 0.5 cents at 29.5 cents
Greenland-focused Australian explorer Ironbark Zinc has secured $US50 million ($A49.2 million) in financing from Swiss giant and major shareholder Glencore.
GNS – GUNNS LTD – up one cent at 21 cents
A court challenge against timber company Gunns’ right to build its controversial Tamar Valley pulp mill will be heard in Launceston.
LEI – LEIGHTON HOLDINGS – down 37 cents at $20.27
Leighton Holdings’ Offshore division has been awarded a $US518 million ($A509.7 million) contract by Iraq’s South Oil Company (SOC).
MTS – METCASH LTD – down two cents at $4.18
Metcash Ltd has refinanced a $700 million syndicated debt facility, which was well supported by local and overseas banks.
QAN – QANTAS AIRWAYS LTD – down 0.5 cents at $1.56
Qantas says the plight of the beleaguered airline is “getting worse, not better”, as engineers prepare to walk off the job on Friday afternoon.
SPT – SPOTLESS GROUP LTD – up six cents at $2.04
Cleaners at Melbourne’s Qantas domestic terminal are continuing to protest against Spotless’s refusal to pay them the same as cleaners working for ISS in the Virgin and international terminals.
VBA – VIRGIN BLUE HOLDINGS LTD – up two cents at 34.5 cents
Virgin Australia’s boss has rejected claims that Qantas long-haul pilots earn 50 per cent more than Virgin’s.
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