COH

Cochlear (COH)

Stock Code

COH

Stock Exchange

Australian Securities Exchange

Cochlear Limited (COH) is an Australian company engaged in the manufacturing and supply of implantable hearing solutions. The company is a world leader in the development, manufacture and distribution of cochlear implants. Cochlear implants are normally suitable for individuals with auditory (ear) nerve damage that cannot be corrected with hearing aids. It has principal operations in Europe, Asia Pacific and Americas. COH was listed on the Australian Stock Exchange on the 4th of December 1995.

Cochlear Profit Falls 68%


Australian bionic ear manufacturer, Cochlear (ASX:COH) has announced a 68 percent fall in profit. The company's profit directly impacted from a product recall which lost the company 5 percent market share and a write down of $101.3 million.

Key Reporting Figures for Cochlear

  • Revenue $779 million – down 4 percent for the year to June 30
  • 23,087 implant unit sales, down 6 percent
  • Net Profit after tax - $56.8 million for 2012

Winners and Losers of Trading for Week 2


The year comes of with a rough start for some and a smooth for others as companies trade stocks for the second week of 2012. Here are the lists of the best and worst traded stocks in the ASX100, ASX200 and All Ordinaries in the Australian Securities Exchange for January 9-13, 2012.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

Best and Worst Pre-Christmas Traded Stocks


Stocks went up and down before Christmas day arrived and this record shows to prove it. Below are list of the best and the worst traded stocks in ASX100, ASX200 and All Ordinaries of the Australian Stock Exchange in the 51st week of 2011, December 19 to 23, 2011.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

Best and Worst Traded Stocks for Dec. 5-9


The list below is a record of the top ten best and worst traded stocks in the ASX100, ASX200, and All Ordinaries of the Australian Stock Exchange in the 49th week of 2011, from December 5 to 9, 2011.

Best Performing Trade Stocks ASX100 (XTO)

ASX100

  1. BlueScope Steel (BSL) closed its price at 43 cents adding $0.05 or 13.16%

Next Tuesday’s Events in the Sharemarket


There are no companies scheduled to float but there is one stock that will go onex-dividend and there are five companies that will hold their general meeting on October 18, 2011.

Dividends

US Rival Makes Cochlear Shares Drop Anew


Cochlear (ASX:COH) shares crashed anew after rival Advanced Bionics (AB) made a comeback in the US market. Days after the biotech company recalled its Nucleus hearing implants, shares dropped over 15 percent to $51.01 before closing at $51.30, down 14.64 percent.

Cochlear Shares Dive After CI500 Recall


Hearing device company Cochlear (COH) saw its shares plummet yesterday after it declared a global recall of its Nucleus CI500 line due to a spike in product failure rates. Shares dropped over 20 percent to $57.50 as terrified investors sold out en masse.

The CI500 series accounts for about 70 percent of Cochlear sales and pulling it off the market cost the company more than $800 million in stock value.

Ex-dividends and EGMs this Friday


There are no floats this Friday, but there are five scheduled ex-dividends and eight extraordinary general meeting.

Dividends

BKL, COH, CSV, DSB, and WLL's stocks will go on ex-dividend on August 26, 2011.

Australian Profit Announcement Season Summary


ComputerShare

Share registry services provider Computershare Ltd's (ASX:CPU) full year profit fell by 10.4 percent while net profit dropped to $264.09 million for the 12 months to June 30 from $294.76 million last year. Revenue was flat from the previous year at $1.604 billion. ComputerShare declared final dividend of 14 cents per share, 60 per cent franked, unchanged from last year.

Dominos

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