COH
Here are the Bottom 10 Stocks of Australian Stock Market ASX 100 for the 26th week of 2010. They are the Bottom 10 stocks on the ASX 100 which performed the worst in the last 5 trading sessions. Read the latest Top 10 Stocks of the Week.
Aristocrat Leisure (ALL), a gaming company that develops gaming machines, software systems and other related equipment and runs business in Americas, Asia Pacific and Europe was the number one winning company of the 12th week in ASX100 with a gain of 7.3 percent or 32 cents to its stock price closing the week at $4.65 (market capitalisation $2480.2 million).
Cochlear (COH), an Australia based manufacturer and supplier of implantable hearing solutions have seen its shares to go up significantly mainly due to the speculation that the company is going for a $2.8 billion worth of bid for the hearing aid division of Siemens. Cochlear gained close to 2 percent to its stock price and was closed at $1.18 on Monday.
Despite the considerable uncertainty in the worldwide economy, Australia based renowned hearing solution manufacturer and supplier Cochlear (COH) has forecasted a positive outlook for its business. According to the chairman of the company Tommie Bergman, Cochlear is currently standing in a strong position and is expected to boost its earnings through its newly launched products. Mr.
Cochlear (COH), an Australia based company that produces and supplies implantable hearing solution has boosted its annual profit as much as 13 percent and declared that its current financial year results will be motivated by the launch of new products. A net profit worth of $130.54 million was made by the company in the financial year that ended in June 30th where its previous year net profit was about $115.23 million.
Cochlear (COH) has announced in the 1H report that the company’s profit has increased by 22%. The company said it saw 15-20 core earnings growth in the full year. Cochlear posted a first half net profit of $69.9 million, up 22 per cent on the same six months a year ago, as revenue jumped 19 per cent to $355.2 million.
Here is an update on the different sectors of Australian market from market analyst Macquarie Research Equities.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)