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Stocks to watch



February 14 2013, 06:10AM

Stocks to watch on the Australian stock exchange on Thursday, Feb 14

ANN - ANSELL LTD - down 97 cents at $15.94

Gloves and condoms maker Ansell insists it can lift full year earnings despite a steep drop in first half profit.

BLD - BORAL LTD - up five cents at $4.92

Building products maker Boral is banking on further recovery for US housing but says the Australian market is too volatile to predict.

BPT - BEACH ENERGY LTD - up 0.5 cents at $1.405

Beach Energy has upgraded its underlying profit guidance for the first half of 2013 due to record sales and a strong increase in production.


Commonwealth Bank says its home loan rates could be cut independently of cash rate movements, as improving economic conditions helped it post another record profit.

CPU - COMPUTERSHARE LTD - down two cents at $10.05

Shareholder services provider Computershare has maintained its outlook for the full financial year despite a bounce back by share markets around the world.

CRZ - CARSALESCOM LTD - down 40 cents at $8.40

Online classifieds company has posted a 14 per cent rise in half-year profit and says it expects even stronger growth in 2013.

CSL - CSL LTD - down three cents at $57.21

Blood products and vaccine supplier CSL is on track to lift its full year profit 20 per cent after a bumper interim result.

DMP - DOMINO'S PIZZA ENTERPRISES LTD - down 35 cents at $9.95

Domino's Pizza has delivered a 15.7 per cent rise in first-half profits and says it is on track to deliver similar profit growth over the full year.

GFF - GOODMAN FIELDER LTD - down 3.5 cents at 68.5 cents

Goodman Fielder says price rises alone won't be enough to boost its underperforming bakery operations, which is the group's biggest business.

LEI - LEIGHTON HOLDINGS LTD - up $2.33 at $23.14

Construction giant Leighton Holdings has returned to profitability and says it is now better placed to pick the right infrastructure projects after a couple of disastrous years of losses.

NAB - NATIONAL AUSTRALIA BANK LTD - up 36 cents at $29.29

National Australia Bank hopes to raise $750 million through the issue of new tier one hybrid securities

NBL - NONI B LTD - up three cents at 80.5 cents

Noni B is confident of an earnings turnaround and will continue to open new stores, despite a drop in first half profit and aggressive discounting in the retail sector.

OZL - OZ MINERALS LTD - up 26 cents at $7.47

Copper and gold producer Oz Minerals has reassured investors about its vision for the future and maintained its 2013 production targets.

RIO - RIO TINTO LTD - up $1.43 at $70.46

Rio Tinto's Gove alumina refinery will stay open, the Northern Territory government has confirmed.

SGP - STOCKLAND - up 18 cents at $3.66

Property group Stockland is offloading struggling residential and commercial office assets after announcing a $147.1 million interim loss.

SKE - SKILLED GROUP LTD - up 16 cents at $3.14

Skilled Group shares jumped more than five per cent to four-year highs after the labour contractor reported a double-digit lift in first half net profit in challenging market conditions.

WBC - WESTPAC BANKING CORPORATION - up 58 cents at $28.33

Westpac is in the firing line over the possible offshoring of up to 90 Adelaide jobs, with one federal Labor MP saying workers "worst fears have come true".

WES - WESFARMERS LTD - down 18 cents at $38.42

Food supplier Goodman Fielder says it may not renew its contract to supply supermarket giant Coles with cheap bread unless it gets an increase in price

WOR - WORLEYPARSONS LTD - up 45 cents at $25.82

Engineering giant WorleyParsons has tempered its full year forecast as it picks up more work in the key oil and gas sector.