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Stocks to watch at noon on Wednesday

Reported by AAP
Wednesday, November 26, 2014
Topics in this article:
Cabcharge Australia,Mount Gibson Iron,Santos,Tabcorp Holdings,Ausdrill Limited,Gwa Group Limited.,Regional Express Holdings Limited
Companies forced to change their nameConflict in Iraq and Syria is causing serious headaches for companies who happen to share the ISIS moniker

Stocks to watch on the Australian stock exchange at noon on Wednesday:

ASL - AUSDRILL - up 3.5 cents, or 6.93 per cent, at 47 cents

Mining services business Ausdrill is slicing $28 million off its revenue forecast after a customer decided to postpone operations in Africa.

CAB - CABCHARGE - up 9.00 cents, or 1.89 per cent, at $4.84

Cabcharge director Rod Gilmour has quit the taxi payments company's board on the eve of its annual meeting for shareholders.

CKF - Collins Food - up 5.00 cents, or 2.23 per cent, at $2.29

Weaker than expected revenue from Sizzler restaurants has contributed to a $30 million half year loss for its parent company.

GWA - GWA GROUP - up 11 cents, or 4.07 per cent, at $2.81

Household and commercial fixtures and fittings supplier GWA Group is selling Dux Hot Water to a Japanese firm for $46 million.

MGX - MOUNT GIBSON IRON - just out of a trading halt, last traded at 41 cents

Mount Gibson Iron has placed its shares in a trading halt amid ongoing problems at its Koolan Island mine.

MPL - MEDIBANK PRIVATE - down 1.00 cents, or 0.47 per cent, at $2.13

Health Insurer Medibank Private loses ground on its second day of trading, but remains above its retail investor list price.

REX - REGIONAL EXPRESS - steady, at $1.02

Regional airline Rex believes it is well placed to take advantage of any upturn in the economy.

STO - SANTOS - up 13 cents, or 1.10 per cent, at $11.96

Santos has given a start-up date for its $18.5 billion Gladstone liquefied natural gas project of the second half of calendar 2015.

TAH - TABCORP - up 2.50 cents, or 0.60 per cent, at $4.195

Gaming firm Tabcorp says Ellerston Capital, an investment vehicle set up by the Packer family, is no longer a substantial shareholder in Tabcorp.

29/11/2014 13:17Sydney, Australia. 29 November,2014