Stocks to watch on Thursday
Market watch top headlines
December 27 2012, 08:00AM
Stocks to watch on the Australian stock exchange on Thursday December 27
BBG - BILLABONG INTERNATIONAL LTD - steady at 82.5 cents
Troubled surfwear retailer Billabong will allow its latest suitor, former board member Paul Naude, to conduct due diligence on the company.
LLC - LEND LEASE GROUP - up one cent at $9.09
Builder and engineer Lend Lease has been selected as the preferred tenderer for a $500 million upgrade of part of the Pacific Highway on NSW's north coast.
LEI - LEIGHTON HOLDINGS LTD - down 11 cents at $17.73
Leighton Holdings subsidiary John Holland has been awarded two contracts with Sydney Water.
MAH - MACMAHON HOLDINGS LTD - down one cent at 22.5 cents
Mining contractor Macmahon Holdings expects to make just $2 million on the sale of its construction business to Leighton Holdings due to $12 million in redundancy costs.
SXR - SKYWEST AIRLINES LTD - steady at 42 cents
Regional airline and takeover target Skywest has signed a new charter agreement with mining giant Rio Tinto to transport mine workers in the Pilbara.