stocks to watch on the asx at noon

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    Stocks to watch on the ASX at noon
    AAP News
    12:04:020 28/11/2005
    SYDNEY, Nov 28 AAP - Stocks to watch on the Australian Stock
    Market at noon:

    CTX - CALTEX AUSTRALIA LTD - up 29 cents to $21.49
    Oil refiner Caltex expects a higher profit after tax of $390
    million to $420 million for 2005 as a result of tight supply and
    strong demand for petroleum products and a strong operating
    performance in the second half.

    TAH - TABCORP HOLDINGS LTD - down 78 cents or 4.7 per cent to
    Gaming and wagering group Tabcorp says revenue growth has
    deteriorated slightly so far this financial year but it still
    expects to deliver earnings per share (EPS) growth of around five
    per cent for 2005/06.

    ANZ - ANZ BANKING GROUP LTD - down 13 cents to $23.67
    The ANZ intends to move some jobs to India, although the bank
    said the change would not involve customer-oriented staff.

    PBL - PUBLISHING AND BROADCASTING LTD - down five cents to
    Optus has reshuffled its senior management with its chief
    financial officer Pat O'Sullivan moving to media company,
    Publishing and Broadcasting Ltd.
    Mr O'Sullivan takes up his role at PBL on February 1, 2006, and
    will report to PBL chief executive John Alexander.

    FXJ - JOHN FAIRFAX HOLDINGS LTD - up two cents to $3.99
    HWW - HWW LTD - untraded at 18 cents
    Media group HWW has sold its 50 per cent stake in Australian
    Property Monitors (APM) to its joint venture partner John Fairfax &
    Sons for $3 million.

    TTS - TATTERSALL'S LTD - steady at $3.35
    Lotteries and poker machines operator Tattersall's has acquired
    a 10.1 per cent stake in United Kingdom gaming firm Talarius Plc
    for about $12 million.

    PEP - PEPLIN LTD - up four cents or six per cent to 71 cents
    Peplin says it has had positive results from its phase IIa
    clinical trial of its drug PEP005 Topical in solar keratosis, a
    condition which can develop into skin cancer.

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