Trading Room home page

Stocks to watch at close on Monday

Market watch top headlines

Australian reports

World reports

Stocks to watch

HVN, QFX, NBL, SCG,

AAP

2012-12-10

Stocks to watch on the Australian stock exchange at the close of trade on Monday:

AGO - ATLAS IRON - up nine cents or 6.9 per cent to $1.39

Iron ore miner Atlas Iron says it has completed a $US275 million ($A263.50 million) financing package to put it on track to produce 12 million tonnes per annum by December 2013.

BCI - BC IRON - in a trading halt, last traded at $2.93

FMG - FORTESCUE METALS GROUP - up 26 cents or 6.86 per cent to $4.05

BC Iron says it will acquire an additional 25 per cent of the Nullagine joint venture with Fortescue Metals Group for $190 million.

CRF - CENTRO RETAIL AUSTRALIA - up three cents or 1.32 per cent to $2.30

Shopping centre owner Centro Retail Australia is changing its name as it continues to rebuild after the global financial crisis.

MAH - MACMAHON HOLDINGS - in a trading halt, last traded at 26.5 cents.

Mining contractor Macmahon Holdings is poised for a capital raising as it battles to reverse a drop in earnings and tries to cut costs.

PPT - PERPETUAL - down six cents or 0.18 per cent to $32.44.

Fund manager Perpetual has named a leader of its restructuring program as its new chief financial officer.

SXL - SOUTHERN CROSS MEDIA GROUP - down six cents or 5.43 per cent to $1.045

Shares in the owner of the Sydney radio station that aired a royal prank call that has been linked to a British nurse's death have fallen by more than seven per cent.

TEN - TEN NETWORK HOLDINGS - down 1.9 cents or 7.22 per cent to 25 cents.

Ten shares have slumped after the struggling free-to-air broadcaster completed the first part of a $230 million capital raising.

WPL - WOODSIDE PETROLEUM - down 34 cents or 0.99 per cent to $33.88

Woodside Petroleum has reached another joint venture agreement to expand its exploration interests in Myanmar (Burma).