Stocks to watch on the Australian stock exchange:
AIO - ASCIANO - up 21.0 cents, or 2.36 per cent, at $9.10
QUB - QUBE HOLDINGS - steady at $2.20
The long running takeover battle for Australian rail and ports operator Asciano is set to intensify after the consortium led by stevedore Qube Holdings improved on its offer price.
ANN - ANSELL - up $1.10, or 7.31 per cent, at $16.14
Condoms and protective gloves maker Ansell has reported a 21 per cent drop in first half profit on the back of a challenging economic environment.
ANZ - ANZ BANKING GROUP - down 36.0 cents, or 1.49 per cent, at $23.73
ANZ has refused to comment on speculation that it will face legal action by the corporate watchdog resulting from an investigation into alleged interest rate rigging by Australia's big four banks.
BRS - BROADSPECTRUM - up 4.5 cents, or 3.72 per cent, at $1.255
The company operating Australia's offshore detention centres in Nauru and Manus Island has had its contract extended by a year.
JBH - JB HI-FI - down 12.0 cents, or 0.54 per cent, at $22.00
JB Hi-Fi has lifted its first half profit by 7.6 per cent on the back of a strong performance in the key trading months of November and December.
OFX - OZFOREX - down $1.30, or 42.07 per cent, at $1.79
Money transfer company OzForex has abandoned takeover talks with global payments firm Western Union, and has cut its annual earnings guidance.
VED - VEDA - steady at $2.82
Veda shareholders have overwhelmingly approved US data analytics giant Equifax's $2.4 billion takeover bid of the Australian credit information provider.