Stocks to watch on Thursday

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Stocks to watch on the Australian stock exchange on Thursday, Jan 15:

CCL – COCA-COLA AMATIL – down 16 cents, or 1.7 per cent, at $9.14

The man who helped secure the future of SPC Ardmona in Victoria is to leave the fruit and vegetable processing company.

PNA – PANAUST – down 14 cents, or 9.7 per cent, at $1.305

Gold and copper miner PanAust is cutting 182 jobs and will further shrink its workforce later in the year.

POH – PHOSPHAGENICS – down 0.5 cents, or 6.6 per cent, at 7.1 cents

Phosphagenics has hired a new chief executive after its former boss was jailed for conning the biotech company out of $6 million.

SBM – ST BARBARA – up 0.5 cents, or 3.6 per cent, at 14.5 cents

Troubled gold miner St Barbara has risked collapse but says it its fortunes are improving after lifting production in the December quarter.

STO – SANTOS – up 15 cents, or 2.1 per cent, at $7.36

Santos boss David Knox has flagged possible asset sales amid a plunge in the price of oil.

TCL – TRANSURBAN – up one cent, or 0.1 per cent, at $8.83

Transurban has lifted revenue from its toll road network more than 63 per cent thanks to strong traffic growth in Sydney and Melbourne.

TWE – TREASURY WINE ESTATES – up one cent, or 0.2 per cent, at $4.72

Treasury Wine Estates has appointed Bob Spooner, the former head of UK bread business Hovis, as its new supply chief.

WHC – WHITEHAVEN COAL – up 1.5 cents, or 1.3 per cent, at $1.21

Whitehaven coal has suffered a slump in production and sales, despite the massive Maules Creek mine coming on line ahead of schedule.

WPL – WOODSIDE PETROLEUM – down 18 cents, or 0.5 per cent, at $35.54

The consumer watchdog is probing Woodside Petroleum’s $US2.75 billion purchase of LNG assets from a US energy giant, over concerns the deal could lift gas prices.