Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange at the close of trade on Wednesday:

AAC - AUSTRALIAN AGRICULTURAL COMPANY - up 3.5 cents, or 2.4 per cent, at $1.505

Australian Agricultural Company's shift away from live exports and toward packaged meat has helped the company to a first half profit of $50 million, the first profit in eight years.

AGI - AINSWORTH GAME TECHNOLOGY - down 29 cents, or 10.1 per cent, at $2.35

Shares in poker machines supplier Ainsworth Game Technology have fallen almost nine per cent after news the company's top developer and strategist has resigned.

AIO - ASCIANO - down six cents, or 0.7 per cent, at $8.75

Asciano chief executive John Mullen is slated to give a speech at an AMCHAM event in Melbourne.

ALL - ARISTOCRAT LEISURE - down one cent, or 0.1 per cent, at $9.53

Gaming company Aristocrat Leisure is on the acquisition hunt after coming up trumps with a full year profit of $186.4 million, thanks to the strong performance of its recent North American acquisition.

CBA - COMMONWEALTH BANK OF AUSTRALIA - down 64 cents, or 0.8 per cent, at $79.00

The Commonwealth Bank will refund about $80 million to 216,000 customers who didn't receive fee waivers and other benefits they were entitled to.

EVN - EVOLUTION MINING - up 0.5 cents, or 0.4 per cent, at $1.255

PXG - PHOENIX GOLD - in a trading halt, last traded at 14 cents

Australia's second largest listed gold miner Evolution Mining says it's close to completing its protracted acquisition of smaller rival Phoenix Gold.

RCG - RCG CORPORATION - up 4.5 cents, or 2.9 per cent, at $1.51

The retailer behind The Athlete's Foot and Dr Martens is on track to lift earnings this financial year.


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