Tailored Wealth – Consumer electronics and furniture retailer Harvey Norman's first-quarter preliminary profit befo...

2 Nov 2016 Maitland Lifestyle
Stocks to watch on the Australian stock exchange:

BXB - BRAMBLES - down 13.5 cents, or 1.2 per cent, at $11.365
Logistics giant Brambles will sell its airline container business for $US130 million ($A170 million) to global private equity group EQT Infrastructure.($A170 million).

CSR - CSR - up 21.5 cents, or 6 per cent, at $3.815
Building materials supplier CSR has lifted first-half underlying net profit 12 per cent to $103.1 million on the back of strong growth in residential construction activity.

HVN - HARVEY NORMAN - steady, at $4.965
Consumer electronics and furniture retailer Harvey Norman's first-quarter preliminary profit before tax has risen 25.9 per cent to $115.6 million, with sales up in most countries in which it operates.

NHF - NIB HOLDINGS - down 10 cents, or 2.1 per cent, at $4.66
Private health insurer nib Holdings anticipates fairly stable margins over the coming few years as its Australian Residents health insurance business continues to grow faster than the general market.

VAH - VIRGIN AUSTRALIA - down 0.5 cents, or 2.1 per cent, at 23.5 cents
Virgin Australia has joined rival Qantas in announcing a tough start to the year, with soft demand pushing the number two carrier to a first-quarter loss.

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