Stocks to watch
Stocks to watch on the Australian stock exchange:
COH - COCHLEAR - down $2.32, or 1.6 per cent, at $142.85
Hearing implant maker Cochlear has announced its chief executive officer Chris Smith will retire from his position on January 2, 2018.
IFN - INFIGEN ENERGY - up 1.5 cents, or 2.0 per cent, at 77 cents
Shares in wind farm operator Infigen Energy have rebounded from an early session fall after the company announced that record low wind generation in the fourth quarter had resulted in a 36 per cent slump in quarterly revenue.
OLI - OLIVER'S REAL FOOD - down 5 cents, or 15.2 per cent, at 28 cents
Shares in healthy fast food chain Oliver's Real Food have slumped after the recently-listed company warned it will not meet its earnings, profit and revenue forecasts for 2016/17
ORG - ORIGIN ENERGY - up 6 cents, or 0.9 per cent, at $6.92
Origin Energy's full-year oil and gas production has lifted by 40 per cent and its revenue more than doubled.
SRX - SIRTEX MEDICAL - up 1.0 cent, or 0.06 per cent, at $16.09
Sirtex Medical is facing two class actions over allegations the biotech company engaged in misleading and deceptive conduct in relation to missed sales forecasts for 2016/17 that sparked a share price plunge.
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