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.