Stocks to watch
Stocks to watch on the Australian stock exchange:
A2M - A2 MILK COMPANY - down $1.59, or 13.1 per cent, at $10.54
The A2 Milk Company expects full year revenue to rise as much as 67 per cent from the prior year, which is weaker growth than analysts had expected.
CCL - COCA-COLA AMATIL - up 1 cent, or 0.1 per cent, at $8.97
Former AMP chairman Catherine Brenner will not seek re-election on the Coca-Cola Amatil board at next year's annual general meeting, following the scandals involving AMP that were revealed at the banking royal commission.
CPU - COMPUTERSHARE - up 49 cents, or 2.8 per cent, at $18.32
Computershare says it has entered an agreement to acquire Equatex Group, a leading European employee share plan administration business, from Montagu Private Equity, within the next six months.
MYR - MYER HOLDINGS - up 6 cents, or 16 per cent, at 43.5 cents
Myer's third quarter sales dropped 2.7 per cent from a year ago and the retailer said unseasonably warm weather is expected to hurt its profit in the fourth quarter of its fiscal year.
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