Stocks to watch on the Australian stock exchange on Wednesday, August 15
ANN – ANSELL LTD – up 44 cents at $14.24
Allergy-free surgical gloves and a new range of feminine hygiene products are behind Ansell’s latest move to position itself for growth.
ANZ – ANZ BANKING GROUP LTD – down four cents at $23.76
The ANZ bank is boosting its coffers and punishing customers by charging excessive fees for over-the-limit credit cards, overdrawn accounts and dishonour fees, the High Court has been told.
AQA – AQUILA RESOURCES LTD – down 19 cents at $2.23
Aquila Resources share price fell after it announced a cut back in development spending at its $6 billion iron ore project in Western Australia, in a move to save costs.
BOL – BOOM LOGISTICS LTD – up 6.5 cents at 31.5 cents
Boom Logistics says it can overcome any downturn in the resources sector to post further earnings growth because of its extensive maintenance work.
CRZ – CARSALES.COM LTD – up 53 cents at $6.90
Online car classified retailer Carsales.com is hunting for acquisitions after lifting its full year profit by more than 20 per cent.
DMP – DOMINO PIZZA ENTERPRISES LTD – up 25 cents at $9.65
Domino’s Pizza says it will be dishing up more dough over the next year, with full-year profits expected to grow by 15 per cent by June 2013.
GFF – GOODMAN FIELDER LTD – up four cents at 53 cents
Food supplier Goodman Fielder says the 2012/13 financial year will require some more “heavy lifting” after the company booked another full year loss, albeit an improved one.
GWA – GWA GROUP LTD – down 8.5 cents at $1.935
Bathroom and kitchen supplier GWA Group has called on governments to encourage people into the housing market by cutting unnecessary regulations.
NAB – NATIONAL AUSTRALIA BANK LTD – down 35 cents at $24.70
National Australia Bank (NAB) says demand for loans from businesses is still weak after its quarterly profit remained steady at $1.4 billion.
SGT – SINGAPORE TELECOMMUNICATIONS LTD – down one cent at $2.55
Telecommunications carrier Optus has suffered a slide in earnings and revenue during the first quarter of its financial year.
TTS – TATTS GROUP LTD – up seven cents at $2.76
Gambling firm Tatts Group has revealed it’s leaving Victoria just days before losing its commanding grip on the state’s gaming machine market.
