Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, July 28:

AGO - ATLAS IRON - down 8.4 cents, or 70 per cent, at 3.6 cents

Shares in Atlas Iron have plunged 69 per cent after resuming trading for the first time in more than three months.

IIN - IINET - up three cents, or 0.32 per cent, at $9.40

TPM - TPG - up eight cents, or 0.88 per cent, at $9.22

Shareholders of internet services provider iiNet have overwhelmingly approved a proposed $1.6 billion takeover of the company by TPG Telecom.

NST - NORTHERN STAR - up 15 cents, or 7.43 per cent, at $2.17

Goldminer Northern Star Resources sold a record amount of gold in the June quarter, putting it well within its sales guidance for the full year.

NVT - NAVITAS - down 29 cents, or 6.36 per cent, at $4.27

Education provider Navitas has lifted its full year profit 39 per cent but has flagged a flat earnings for 2015/16.

ORI - ORICA - up 3.00 cents, or 01.6 per cent, at $19.20

Mining services group Orica has appointed former federal Treasury boss Dr Martin Parkinson to its board of directors.

TEN - NETWORK TEN - up 0.5 cents, or 2.38 per cent, at 21.5 cents

Network Ten executive chairman and chief executive Hamish McLennan has stepped down.

WBC - WESTPAC BANKING CORP - up 12 cents, or 0.35 per cent, at $34.36

Westpac will look to raise $750 million through a notes offer to lift its capital reserves ahead of a move from the banking regulator.

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