Stocks to watch on the Australian stock exchange on Friday July 6:
ACK – AUSTOCK GROUP LTD – in trading halt, last traded at 12.5 cents
Austock Group has been placed in a trading halt pending an announcement about the potential sale of its property funds management business.
FLT – FLIGHT CENTRE – up $1.21 at $20.49
Flight Centre has upgraded its full year profit guidance due primarily to the continuing robust market for corporate travel.
FXL – FLEXIGROUP LTD – up two cents at $2.59
Australian financial services company FlexiGroup has joined the battle to win over small businesses using smart phones as mobile cash registers.
FXJ – FAIRFAX MEDIA LTD – up 0.5 cents at 58.5 cents
Mining billionaire Gina Rinehart has dumped part of her stake in Fairfax Media amid an ongoing battle over boardroom seats.
LEI – LEIGHTON HOLDINGS LTD – up 14 cents at $16.77
Construction giant Leighton Holdings has sacked a senior manager over the alleged misconduct of a subsidiary carrying out work in Iraq.
PMP – PMP LTD – steady at 33 cents
Printer and publisher PMP has blocked suitor TMA from conducting due diligence as part of its plans to carry out a takeover.
QAN – QANTAS AIRWAYS LTD – up one cent at $1.11
Qantas chief executive Alan Joyce has played down rumours that the airline could be the subject of a takeover bid by a group that includes its former managers.
WOW – WOOLWORTHS LTD – down 15 cents at $26.90
A poker machines stoush between Woolworths and left-wing activist group GetUp! has ended up in court.
