Stocks to watch at noon on Monday

Stocks to watch on the Australian stock exchange at noon on Monday:

AZJ - AURIZON - down 2.00 cents, or 0.42 per cent, at $4.71

Rail operator Aurizon is warning it faces a $30 million hit to its bottom line, largely because of damage inflicted by Cyclone Marcia.

BPT - BEACH ENERGY - up 2.25 cents, or 2.12 per cent, at $1.0825

The incoming managing director of oil and gas producer Beach Energy, Rob Cole, will take up his new role three months earlier than expected.

MYR - MYER - down 20.25 cents, or 10.92 per cent, at $1.6525

Myer boss Bernie Brookes is leaving the department store giant as it overhauls its operations in an attempt to win over customers after years of weak sales growth.

ORI - ORICA - up 81 cents, or 4.09 per cent, at $20.63

Mining services group Orica will buy back more than $400 million of its own shares after completing the sale of its chemicals division.

QFX - QUICKFLIX - steady, at 0.2 cents

Video streaming service Quickflix more than doubled its first half loss as it braced for competition from Netflix and Fairfax and Nine's Stan.

VET - VOCATION - down 0.5 cents, or 5.56 per cent, at 8.5 cents

Troubled education provider Vocation insists it can remain a viable business and lift earnings over the next few months after suffering a $273 million half year loss.


Warrnambool Cheese and Butter Factory is set to acquire some popular cheese brands, including COON.


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