Stocks to watch on the Australian stock exchange on Thursday, May 9
BBG - BILLABONG INTERNATIONAL LTD - in trading halt, last traded at 45.5 cents
Troubled retailer Billabong is expected to issue an update about its potential takeover within the next 24 hours.
BHP - BHP BILLITON LTD - up 63 cents at $34.30
Mining giant BHP Billiton will raise $734 million by issuing bonds in Canada.
CCL - COCA-COLA AMATIL LTD - down 23 cents at $12.70
Shares in beverage company Coca-Cola Amatil have continued to fall after it issued an earnings downgrade on Tuesday.
CDY - CELLMID AUSTRALIA LTD - up 0.8 cents at 3.3 cents
Cellmid's shares have soared after the Australian biotech company announced it will acquire Japanese business Advangen.
GPT - GPT GROUP - up five cents at $4.11
SGH - SLATER & GORDON LTD - down 27 cents at $2.70
Property owner GPT Group has settled a class action brought against it by law firm Slater & Gordon for $75 million.
NWS - NEWS CORPORATION LTD -up 28 cents at $31.57
NWSLV - NEWS CORPORATION LTD NON VOTING SHARES - up 26 cents at $31.51
Sydney's Daily Telegraph and Melbourne's Herald Sun will introduce metered paywalls for their websites from next week.
SIP - SIGMA PHARMACEUTICALS LTD - up 1.5 cents at 77 cents
Drugs wholesaler and pharmacy services provider Sigma Pharmaceuticals expects to keep paying out a large proportion of its profits to shareholders.
SWM - SEVEN WEST MEDIA LTD - up 21 cents at $2.30
Television and newspaper owner Seven West Media says cost savings would increase its net profit by more than $75 million in the 2013/14 financial year.
TIG - TIGERS REALM COAL LTD - up 0.5 cents at 17.5 cents
While most Australian coal companies struggle to keep their loss-making mines open, one of them can't wait to start operating. Australian-listed Tigers Realm Coal is sitting on up to one billion tonnes and $60 billion of coking coal in Russia's remote eastern Siberia.
