Stocks to watch on the Australian stock exchange on Monday, Nov 17:
AHE – AUTOMOTIVE HOLDINGS – steady at $3.92
The car and truck dealership owner says sales are performing well in a softer market.
LLC – LEND LEASE – up nine cents, or 0.6 per cent, at $15.94
Developer Lend Lease is upbeat about its prospects, particularly in residential construction.
NWS – NEWS CORP – down 19 cents, or 1.1 per cent, at $17.07
NWSLV – NEWS CORP NON VOTING STOCK – down 32 cents, or 1.8 per cent, at $17.20
Rupert Murdoch has presented eldest son Lachlan to News Corp shareholders as the man who will lead the media company to “a very prosperous and bright future”.
PRR – PRIMA BIOMED – down 0.2 cents, or 5.1 per cent, at 3.7 cents
Shareholders in cancer treatment developer Prima Biomed have approved the company’s acquisition of French biopharmaceutical firm Immutep SA.
TEN – TEN NETWORK – down 0.5 cents, or 1.9 per cent, at 26.5 cents
Rupert Murdoch has confirmed his part-owned pay TV company Foxtel is looking at buying a stake in Australia’s struggling Ten Network Holdings.
