Stocks to watch at noon on Thursday
Market watch top headlines
SYDNEY, Nov 22 AAP
November 22 2012, 12:06AM
Stocks to watch on the Australian stock exchange at noon on Thursday:
GFF - GOODMAN FIELDER LTD - up 0.5 cents, or 0.86 per cent, at 58.5 cents
Breads and spreads supplier Goodman Fielder says it is on course to make $100 million in annualised savings by 2015.
MYR - MYER HOLDINGS LTD - up five cents, or 2.38 per cent, at $2.15
Myer chief executive Bernie Brookes says an interest rate cut in December will give the non-mining sector of the economy a boost and support retailers in the lead up to Christmas.
SEPARATELY: Myer chief executive Bernie Brookes says the Click Frenzy online sales promotion was a big success.
PDN - PALADIN ENERGY LTD - up xx cents, or xx per cent, at
PMP - PMP LTD - up one cent, or 5.56 per cent, at 19 cents
Printing and publishing business PMP will close its Sydney plant that produces the White and Yellow Pages phone directories.
STO - SANTOS LTD - up 20 cents, or 1.83 per cent, at $11.14
Oil and gas company Santos expects its production to rise in 2013 as new projects come online.
WOW - WOOLWORTHS LTD - up 26.5 cents, or 0.93 per cent, at $28.745
A majority of Woolworths shareholders have opposed a move to restrict the operation of poker machines by the supermarket giant.
SEPARATELY: Woolworths still expects profit to rise in this financial year after a pleasing first four months.