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Last Updated: Jun 21st, 2010 - 12:43:12
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MELBOURNE - Opposition Leader Tony Abbott is rapidly closing the gap on Kevin Rudd as preferred prime minister, the latest Newspoll shows.
MELBOURNE - Western Australia-based international mining company Sundance Resources Limited has named its six executives aboard a plane missing in west Africa.
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON MONDAY:
ALS - ALESCO CORPORATION LTD - down eight cents at $2.77
Alesco Corporation says it will post a $126 million net loss in fiscal 2010 and suspend its dividend until March 2011, due to impairments and one-off expenses.
ANZ - ANZ BANKING GROUP LTD - up 19 cents at $23.14 ANZ Banking Group's chief of Asia operations has not ruled out a bid for Korea Exchange Bank (KEB), whose chief executive has said would fit nicely if the Australian lender were to buy it.
CAZ - CAZALY RESOURCES LTD - up half a cent at 52 cents
Junior explorer Cazaly Resources Ltd has sold its West Kalgoorlie gold assets in Western Australia to Phoenix Gold Pty Ltd, an Australian company seeking to list on the domestic bourse.
CMG - CHANDLER MACLEOD GROUP LTD - up two cents at 26 cents
SKE - SKILLED GROUP LTD - down one cent at $1.13 Recruitment firm Chandler Macleod has dismissed speculation it may be looking to buy some of the assets of Skilled Group Ltd.
DEX - DEXION LTD - up eight cents at 72 cents
GUD - GUD HOLDINGS LTD - down 20 cents at $8.65 Storage products maker Dexion says it expects its suitor GUD Holdings to reveal the outcome of due diligence on its takeover bid before the market opens on Monday.
DJS - DAVID JONES LTD - down two cents at $4.49 David Jones's chief executive, Mark McInnes, has resigned after admitting to behaving inappropriately towards a female employee on two occasions.
ELD - ELDERS LTD - in trading halt, last traded at 82 cents
Rural services provider Elders is expected to issue a trading and operational update on Tuesday morning, after placing its shares in a trading halt on the Australian stock exchange before market open on Friday.
FMG - FORTESCUE METALS GROUP LTD - up six cents at $4.37
Fortescue says Chinese engineering group China Gezhouba Group Company will help it expand its Chichester Hub iron ore operations in Western Australia.
GNS - GUNNS LTD - up four cents at 68.5 cents Shares in woodchipper Gunns rose more than six per cent as major fund managers bought into the forestry firm.
JHX - JAMES HARDIE INDUSTRIES SE - down six cents at $6.70
James Hardie Industries finalised its transformation to an Irish Societas Europaea company as part of its move to shift its domicile from the Netherlands to Ireland.
SDL - SUNDANCE RESOURCES LTD - closed on Friday at 13 cents
Shares in Sundance Resources are expected to enter a trading halt before market opens on Monday, following the disappearance of much of its corporate leadership on an aircraft flight in West Africa.
© Copyright 2004 by Merlea Investments
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Copyright
© 2004 Merlea Investments
The use of this website and the services provided by Merlea Investments
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Merlea InvesmentsPty Ltd (ABN 38 062 546 516).
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