Stocks to watch at close on Tuesday
Market watch top headlines
SYDNEY, Feb 26 AAP
February 26 2013, 4:26PM
Stocks to watch on the Australian stock exchange at close on Tuesday:
AGO - ATLAS IRON LTD - down 5.5 cents at $1.545
Atlas Iron has posted a first half loss of $256 million, caused by writedowns in the value of several exploration areas.
CWP - CEDAR WOODS PROPERTIES LTD - down five cents at $5.14
Developer Cedar Woods Properties expects a record profit this year after the West Australian housing market underpinned a big jump in first half earnings.
FLT - FLIGHT CENTRE LTD - down 79 cents at $31.50
Travel agency chain Flight Centre is on track to lift its full year earnings and remains on the lookout for acquisitions.
HTA - HUTCHISON TELECOMMUNICIATIONS (AUSTRALIA) LTD - down 0.2 cents at 2.9 cents
A law firm wants to recruit 700,000 Australian consumers who left Vodafone for a class action against the telco.
OSH - OIL SEARCH LTD - down eight cents at $7.35
Oil Search's full year profit has dropped by 13 per cent due its increased exploration activity.
QAN - QANTAS AIRWAYS LTD - down 3.5 cents at $1.61
Qantas has rejected former prime minister Malcolm Fraser's claim it interfered in the case of two Australian businessmen languishing in detention in Dubai.
QBE - QBE INSURANCE GROUP LTD - down 28 cents at $12.75
QBE Insurance says Australian premiums will continue to rise in 2013 as it deals with major catastrophe costs from its north American business.
RHC - RAMSAY HEALTHCARE LTD - up 31 cents at $30.89
Private hospitals and day surgery operator Ramsay Health Care wants to continue its overseas expansion, including into new markets.
SVW - SEVEN GROUP HOLDINGS LTD - up 46 cents at $10.51
Seven Group Holdings has flagged a rise of up to 20 per cent in full year profit despite being cautious about current trading conditions.
TSE - TRANSFIELD SERVICES LTD - down 11.5 cents at $1.82
Construction and maintenance firm Transfield Services has posted a first half loss of $247 million, after announcing massive writedowns driven by a weakening mining sector.
VAH - VIRGIN AUSTRALIA HOLDINGS LTD - down 2.5 cents at 41 cents
Virgin Australia's first half profit has slumped by 56 per cent but it expects to improve its underlying performance despite challenging economic conditions.
WHC - WHITEHAVEN COAL LTD - down nine cents at $2.91
Whitehaven Coal shares have fallen after the company posted a $47 million first half loss.