Stocks to watch at close on Friday
Market watch top headlines
SYDNEY, Feb 22 AAP
February 22 2013, 4:22PM
Stocks to watch on the Australian stock exchange at close on Friday:
BBG - BILLABONG INTERNATIONAL LTD - down five cents at 86 cents
Shares in Billabong have fallen back toward their all-time low after the surfwear retailer suffered a $537 million first half loss.
CWN - CROWN LTD - up 20 cents at $11.75
James Packer's casino operator Crown has posted a 34 per cent drop in first half profit, as weak consumer sentiment and refurbishment work affected its business.
FDC - FEDERATION CENTRES - up three cents at $2.39
Federation Centres posts a $115.9 million first half net profit, compared with a $100.1 million loss in the prior corresponding period.
SGM - SIMS METAL MANAGEMENT LTD - up 57 cents at $11.24
Scrap metal recycler Sims Metal Management has posted another first half loss due to lower volumes and metal prices.
STO - SANTOS LTD - up 15 cents at $12.05
Santos' full year net profit has dropped by nearly a third but the oil and gas producer still expects to meet its production targets in 2013.
TPI - TRANSPACIFIC INDUSTRIES GROUP LTD - up 10.5 cents at 90 cents
Transpacific Industries has posted a strong rise in first half profit to $32.3 million but says more needs to be done to improve its waste management business.