Small Caps Stocks News: Alesco Corporation (ALS)|ASX ALS SharesAlesco Corporation (ASX:ALS) is small cap stock that is involved in the marketing and distribution of industrial products to the building and renovations, construction and mining, scientific and testing and automotive industries.

ALS distributes products such as cabinets and panelling, earthmoving and truck tires, garage door openers and laboratory testing equipment.

Alesco Corp today released their 1H FY12 results which showed a first half net profit of $7.2 million, in line with the market guidance provided in August 2011.

The company also reported an EBIT down 40% to $15.3 million, which included a trading loss on Parbury of $4.7 million

CEO Mr Peter Boyd said that given the market condition and earnings levels, each business generated solid cash flows and has solid growth opportunities for the future.

Alesco also announced a fully franked dividend of $0.03 per share up from $0.015 in the previous corresponding period.

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ASX Energy Shares News: Oil Search (OSH)|ASX OSH StocksOil Search (ASX:OSH) is an oil and gas exploration and development company that has been operating in Papua New Guinea since 1929 and is listed on the ASX 200.

The group now explores, develops and produces oil and gas in Papua New Guinea and Australia, not to mention Yemen, Libya, Iraq and Tunisia.

Oil Search released its fourth quarter production figures today, which showed it produced 1.64 million barrels of oil in the Q4 up 10% on Q3, but down 14% from the year earlier.

The company said that it produced 6.69 million barrels of oil in CY11 compared to 7.66 million in CY10.

However OSH said that its revenue increased to US$654.3 million in CY11 from US$517.3 million in CY10, helped in part by a rise in the average realized price for oil.

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Gold Stocks News: St. Barbara Ltd (SBM)|ASX SBM SharesSt. Barbara Ltd (ASX:SBM) is a gold exploration and production company.  The Company’s exploration projects include its Southern Cross and Leonora Operations which are located in Western Australia.

ASX Small Cap stock, St Barbara today released production figures for the fourth quarter revealing a production increase of 18% compared to the previous quarter.

The company said in a statement that the increase was due primarily to stronger milled volumes and the higher grade of ore mined.

SBM said exploration drilling will increase in the second half with the exploration budget set to increase by $6 million for the year to $22 million.

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ASX Energy Shares News: Santos (STO)|ASX STO StocksSantos (ASX:STO) explores for and produces natural gas, crude oil, condensate, naphtha and liquid petroleum gas. The Company conducts major onshore and offshore petroleum exploration activities at oil and gas fields in Australia (Cooper/Eromanga Basins), the United States (Gulf of Mexico), Indonesia and Papua New Guinea. STO is Australian based and is member of S&P/ASX 200.

Santos revealed its fourth quarter production was down 9% on-year, whilst revenue was up 25% in the same period to $750 million.

The company also reported full year production down 5%, with a 14% increase of revenue to $2,530 million.

STO reaffirmed the 2012 guidance provided in November, which was a production range of 51-55 million barrels of oil.

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ASX Blue Chip Stocks News: BHP Billiton (BHP)|ASX BHP SharesBHP Billiton (ASX:BHP) is an international resources company.  The Company’s principal business lines are mineral exploration and production, including coal, iron ore, gold, titanium, ferroalloys, nickel and copper concentrate, as well as petroleum exploration, production, and refining.

Blue chip stock BHP, today announced that its latest quarterly iron ore output increased 22% in the December quarter compared to the previous quarter.

BHP’s operations in Western Australia’s Pilbara region recorded record production on an annualized basis, as the company expanded its infrastructure base in the area.

The Melbourne based company said that it expects full-year production to marginally exceed prior guidance of 159 million tons per annum.

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Hot Stocks News: Paladin Energy Ltd (PDN)|ASX PDN SharesPaladin Energy Ltd (ASX:PDN) primarily explores for uranium in Australia and Southern Africa.

Shares in energy stock Paladin Energy have soared today after the company announced a 47% increase in first quarter production compared to the previous quarter.

PDN also said that spot price for uranium is beginning to show signs of strengthening as new demand emerges.

Paladin also re-affirmed its full year production target and earnings guidance, making it one of the days hot stocks.

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Financials Shares News: Leighton Holdings (LEI)|ASX LEI StocksLeighton Holdings Ltd (ASX:LEI) offers a variety of project development and contracting services to public and private sector clients in the Asia-Pacific region. Leighton is listed on the Australian Stock Exchange and is a member of the S&P/ASX 200.

Leighton Holdings today lifted its half-year profit guidance, citing improved earnings from its Asia and Australian operations.

The company expects underling profit is expected to be $270 million after tax for the final six months up from the previous guidance of $250 million.

LEI which is due to report the first-half year results on February 13th, reaffirmed full year underlying profit of between $600 million and $650 million after tax.

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Gold Shares Buy-Back News: St Barbara (SBM)|ASX SBM StocksSt Barbara (ASX:SBM) is an Australian Small Cap gold producer and explorer.

SBM’s primary assets are its Southern Cross and Leonora operations, both of which are located in Western Australia. The company purchased the Gwalia (WA) mine in 2005, which has now become its main focus.

St Barbara today announced it has established an on-market share buy-back facility to repurchase up to a maximum of 15 million of its ordinary shares.

The buy-back will be conducted over a six month period.

The company stated the buy-back facility will enable it to apply its strong balance sheet and cash position to consolidate the company’s capital base for the benefit of shareholders.

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Materials Stocks Profit News: Macmahon Holdings (MAH)|ASX MAH SharesMacmahon Holdings (ASX:MAH) is an engineering contracting company operating in the mining industry. The company operates in Australia, New Zealand and Malaysia. It was formed in 1963 and listed on the Australian Stock Exchange in December 1983. The business consists of four divisions: Civil, Open Cut, Underground and Services.

Macmahon Holdings announced today that it expects full year net profit for the FY12 to be more than $55 million.

Last month MAH had forecasted full year profit of around $45 million.

CEO Nick Bowen said that additional work and greater clarity on project commencement has combined for the improved outlook for the company.

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Australian Stocks News: Billabong (BBG)|ASX BBG|BBG Shares Billabong (ASX:BBG) is a major international retailer whose core business is the marketing, distribution, wholesaling and retailing of apparel, accessories, eyewear, wetsuits and hardgoods.

BBG’s products are licensed and distributed in more than 100 countries, and are distributed through specialised retailers and through their own branded retail outlets.

Billabong provided the market with a trading update today, in which it announced a strategic review of its operations and capital structure after a slowdown in Christmas sales.

The company also downgraded its EBITDA guidance for the first half of FY12 to $70-$75 million compared to the previous corresponding period’s $94.6million

Billabong said reasons for the slowdown varied by region, but it believes fears of a global recession are impacting consumer confidence and spending patterns.

Billabong has been one of the shares to sell amongst recent times.

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