Stocks to watch on the Australian stock exchange at close on Friday:
COK - COCKATOO COAL - in trading halt, last traded at 5.9 cents
BWD - BLACKWOOD CORPORATION - up 1.2 cents, or 16 per cent, at 8.7 cents
Cockatoo Coal plans to raise $308 million to expand its Baralaba mine in Queensland, repay debt and fund a takeover offer for Blackwood Corporation.
CWN - CROWN - up 23 cents, or 1.4 per cent, at $16.75
James Packer's Crown is in talks to develop a "must see" $US400 million ($A416.17 million) casino resort in the Sri Lanka capital Colombo.
QAN - QANTAS AIRWAYS - down 5.0 cents, or 3.4 per cent, at $1.43
Qantas is expecting economic headwinds and record high fuel prices to create more turbulence in the first half of the current financial year.
SGT - SINGAPORE TELECOMMUNICATIONS - down 1.0 cent, or 0.3 per cent, at $3.10
Optus will return nearly $9 million to hundreds of thousands of mobile phone customers who were billed for a service they didn't request.
SKC - SKYCITY ENTERTAINMENT GROUP - down 14 cents, or 3.9 per cent, at $3.48
Casino operator SkyCity Entertainment Group says revenue before one-time items has dropped 2.8 per cent so far this financial year as a higher New Zealand dollar crimps returns from its Australian businesses.
SNZ - SUMMERSET GROUP HOLDINGS - in trading halt, last traded at $2.73
Summerset Group, New Zealand's third-largest listed retirement village operator, has had its stock halted as its major shareholder Quadrant Private Equity sells its holding.
STO - SANTOS - down 14 cents, or 0.9 per cent, at $14.75
Petroleum producer Santos has warned its full year production will be at the low end of predictions.
SYD - SYDNEY AIRPORT - up 1.0 cent, or 0.25 per cent, at $3.99
Chinese and Indian visitors are arriving at Sydney Airport in greater numbers, with double digit passenger growth from both locations in the past year.
WCB - WARRNAMBOOL CHEESE AND BUTTER - up 47 cents, or 6.3 per cent, at $7.89
BGA - BEGA CHEESE - up 3.0 cents, or 0.8 per cent, at $3.88Diary co-operative Murray Goulburn has entered into the takeover battle for Warrnambool Cheese and Butter, trumping rival bidders with a $420 million offer.