Stocks to watch on the Australian stock exchange on Thursday, April 10:
AWC - ALUMINA - up 3.5 cents, or 2.8 per cent, at $1.29
Alumina's aluminium producing partner Alcoa lost $US178 million ($A192.65 million) in the first quarter as revenue fell on lower aluminium prices, but profit beat expectations after excluding charges to idle capacity at aluminium smelters and mills.
DJS - DAVID JONES - up 72 cents, or 22.57 per cent, at $3.91
MYR - MYER - up nine cents, or 3.91 per cent, at $2.39
David Jones has recommended its shareholders accept a $2.15 billion takeover offer from South African retailer Woolworths.
As a result, rival Myer has given up its hope of a merger.
WOR - WORLEYPARSONS - up $1.07, or 6.91 per cent, at $16.55
Global engineering group WorleyParsons will cut more jobs in a new restructure that will hit this year's bottom line by $35 million.