Stocks to watch at noon on Thursday

Stocks to watch on the Australian stock exchange at noon on Thursday:

BBG - BILLABONG INTERNATIONAL - down 0.75 cents, or 1.24 per cent, at 59.75 cents

Surfwear group Billabong International has vowed to fight a shareholder class action launched over a 2011 earnings downgrade that led to massive share price falls.

BKW - BRICKWORKS - up 19 cents, or 1.40 per cent, at $13.75

Building products group Brickworks says it is enjoying a boom in demand that it expects to continue.

BOQ - BANK OF QUEENSLAND - down 44.5 cents, or 3.10 per cent, at $13.915

Bank of Queensland is forecasting economic uncertainty after posting a record half year cash profit.

FMG - FORTESCUE METALS GROUP - up 5.00 cents, or 2.45 per cent, at $2.09

Another federal MP from Western Australia has gone close to endorsing a call for a slowdown of iron-ore production as a way of lifting the export price.

FXJ - FAIRFAX MEDIA - down 2.75 cents, or 2.84 per cent, at 94.24 cents

Former Network Ten boss Nick Falloon will take over from Fairfax chairman Roger Corbett in August.

LOV - LOVISA - up 10 cents, or 4.17 per cent, at $2.50

Jewellery retailer Lovisa is primed for a $2.25 million acquisition of 21 fashion accessory stores across South Africa.

MYR - MYER - down 8.00 cents, or 5.65 per cent, at $1.335

Myer is being sued by some of its shareholders amid anger at its shock profit downgrade.

PPX - PAPERLINX - in a trading halt, last traded at 1.7 cents

Packaging group Paperlinx is in talks with its European financiers amid fears it may have breached the terms of a loan.

QAN - QANTAS AIRWAYS - down 7.5 cents, or 2.48 per cent, at $2.945

A rag trapped in equipment under the flight deck on a Qantas jet - which could have posed a serious safety risk - was likely left behind during maintenance operations in Sydney.

SOL - SOUL PATTINSON - down 10 cents, or 0.68 per cent, at $14.54

Investment group Washington H Soul Pattinson's first half profit has declined due to impairments but it's enjoyed earnings rises in its major divisions.

VET - VOCATION - up 1.00 cent, or 12.66 per cent, at 8.9 cents

Troubled education provider Vocation has elevated its chief financial officer Stewart Cummins to chief executive as it undertakes a major strategic review.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7601-0.0051-0.66%
    AUDUSD=X
    0.5146-0.0022-0.43%
    AUDGBP=X
    0.7092+0.0023+0.33%
    AUDEUR=X