Stocks to watch on Friday
Stocks to watch on the Australian stock exchange on Friday:
AGK - AGL ENERGY - down 12 cents, or 0.9 per cent, at $13.59
Energy giant AGL has warned NSW faces a gas shortage within three years without new coal seam gas projects as it fends of criticism over the controversial sector.
AGO - ATLAS IRON - steady at 36 cents
Atlas Iron is embarking on a cost cutting drive in the face of weak iron ore prices and wafer thin margins.
API - AUSTRALIAN PHARMACEUTICAL INDUSTRIES - up three cents, or 4.5 per cent, at 70 cents
Shares in chemist wholesaler Australian Pharmaceutical Industries have risen as investors focus on strong underlying earnings and ignore a series of writedowns that have led to a net loss.
BLY - BOART LONGYEAR - up eight cents, or 53.3 per cent, at 23 cents
The world's biggest drilling services specialist, Boart Longyear, has been thrown a $US300 million lifeline as it struggles to turn around its ailing business.
CRZ - CARSALES.COM - up nine cents, or 0.9 per cent, at $10.06
Carsales holds its annual general meeting on Friday.
GWA - GWA GROUP - up one cent, or 0.4 per cent, at $2.70
Household fixtures and fittings maker GWA holds its annual general meeting on Friday.
LEI - LEIGHTON HOLDINGS - up four cents, or 0.2 per cent, at $19.99
Leighton says it's on track to deliver a full year profit of up to $620 million after winning major infrastructure contracts including Sydney's North West Rail Link.
OSH - OIL SEARCH - down 12 cents, or 1.4 per cent, at $8.60
Oil Search has promised to increase dividend payments to shareholders after lifting production 81 per cent during the September quarter.
PPX - PAPERLINX - up 0.1 cents, or 1.6 per cent, at 6.5 cents
Paper merchant PaperlinX holds its annual general meeting on Friday.
QAN - QANTAS - down one cent, or 0.7 per cent, at $1.375
Qantas holds its annual general meeting on Friday.
QFX - QUICKFLIX - down 0.05 cents, or 6.7 per cent, at 0.7 cents
Online subscription entertainment company Quickflix holds its annual general meeting on Friday.
TLS - TELSTRA - up four cents, or 0.7 per cent, at $5.50
The launch of the iPhone 6 contributed to a positive start to the new financial year for Telstra, chief executive David Thodey says.
TOL - TOLL HOLDINGS - down 42 cents, or 7.1 per cent, at $5.47
Transport and logistics provider Toll Holdings has had a tough start to its financial year, but believes it can still produce stronger earnings.
