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who's catching falling swords today, page-3

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    what's hot and what is not today:

    Sydney - Wednesday - May 4: (RWE Australian Business News) -
    ***************************
    Some share price moves to keep an eye on in the market:
    JB HI-FI (JBH) down 46c to $2.80: Opened at $3.25 and fell like
    a stone in heavy trading. Told the Macquarie Equity conference today
    that sales had slowed, mainly large-ticket items. Expects earnings to be
    at the lower end of analysts' forecasts.
    HARVEY NORMAN (HVN) down 13c to $2.34: May be falling in
    sympathy with JB Hi-Fi. Steady retail sales number for March (a small
    rise had been expected) has increased the pressure on retailer stocks.
    MAYNE GROUP (MAY) up 55c to $4.08: Buying rush triggered by
    announcement Mayne would assess the merits of demerging its global
    pharmaceutical business and its domestic healthcare operations.
    COCA-COLA AMATIL (CCL) down 68c to $7.61: Today reported slowing
    sales, although the company confirmed its guidance of double-digit
    growth in net profit for 2005.
    MIRVAC GROUP (MGR) down 28c to $3.45: Went as low as $3.34. Fell
    49c yesterday after warning of a fall in profit to $231 million this
    year. Selling has also continued in other property industry stocks with
    Multiplex down 25c to $3.43, Sunland 9c to $1.66, Australand 3c to $1.52
    and Investa Property 6.5c to $1.925.
    OCCUPATIONAL & MEDICAL INNOVATIONS (OMI) down 23c to 50c: Had
    been climbing from 52c last Tuesday. Released a market update yesterday
    afternoon, reporting slow progress in rectifying syringe manufacturing
    issues while problems with the company's US scalpel distributor had
    still not been resolved. Forecast full-year loss remains $4.36 million.
    COVENTRY GROUP (CYG) up 35c to $5.25: Was queried by the ASX
    over its slide from $6.40 on April 19. The company had no information to
    report and said it still expected June half earnings to exceed that
    reported in the previous two halves.
    ST GEORGE BANK (SGB) down 41c to $24.73: Rose 21c yesterday,
    finishing well below the day's high of $25.68, as investors assessed the
    bank's 17.5 per cent rise in interim net profit to $416 million.
    AED OIL (AED) up 4c to 68.5c: Touched 73c. Investors taking
    another look at the Timor Sea oil explorer, which listed yesterday.
    Still well below the 85c issue price.
    TRANSPACIFIC INDUSTRIES (TPI) down 5c to $2.62: Opened as high
    as $2.68. Also listed yesterday after issuing shares at $2.40.
    SALMAT (SLM) down 34c to $5.12: Selling triggered by warning
    that full-year sales and earnings growth would be at the lower end of
    its forecast range.
    PAPERLINX (PPX) up 6c to $2.67: Finally recovering a little
    ground in the wake of its profit downgrade, which saw the shares plumb
    $2.58 yesterday.
 
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