Australian stock to watch march 20 2012

Australian stock to watch march 20 2012 : Another session of positive leads from overnight trades in the U.S. and partly from European markets will bode well for Tuesday's trading in Australia.

Stocks to watch on the Australian stock exchange early on Tuesday:

COH - COCHLEAR LTD - up 70 cents at $57.95
Ear implant manufacturer Cochlear has led its workers "down the garden path" by refusing to negotiate improved conditions, a union says.

CPB - CAMPBELL BROTHERS LTD - up $1.23 at $63.01
Share market darling Campbell Brothers is expanding its food testing operations with a $39 million acquisition in the United Kingdom and Ireland.

DJS - DAVID JONES LTD - in trading halt, last traded at $2.73
Upmarket department store operator David Jones will post a 15 to 20 per cent dip in first half profit, in line with its earlier guidance, amid tough headwinds facing the retail sector, analysts expect.

EGP - ECHO ENTERTAINMENT GROUP LTD - up three cents at $4.41
NSW Tourism Minister George Souris says he knows nothing about the latest sackings at The Star casino and he hasn't acted improperly.

GNS - GUNNS LTD - Shares in suspenion, last traded at 16 cents
Embattled Tasmanian timber company Gunns has admitted it could have lost a major investor because of social concerns.

IAG - INSURANCE AUSTRALIA GROUP LTD - up six cents at $3.41
Insurance Australia Group (IAG) will raise $350 million through the issue of new hybrid shares.

MAK - MINEMAKERS LTD - up 1.5 cents at 29.5 cents
Minemakers has rejected reports that Indian state-owned miner NMDC is poised to buy all of its rock phosphate reserves, saying it is only in talks to sell half and for a lot more than flagged.

QAN - QANTAS AIRWAYS LTD - up one cent at $1.775
Unions want guarantees from Qantas about the future of its Australian heavy maintenance workforce as the airline plans to consolidate its operations.

TEN - TEN NETWORK HOLDINGS LTD - up two cents at 84 cents
Ten Network is considering selling its outdoor advertising business EYE Corp.

WPL - WOODSIDE PETROLEUM LTD - down 23 cents at $34.97
Several Woodside Petroleum oil fields off the West Australian coast remain suspended from production following Tropical Cyclone Lua.

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