Stocks to watch on the Australian stock exchange at noon on Monday:
AIO - ASCIANO - down 12.5 cents, or 1.93 per cent, at $6.335
Asciano has reaffirmed its full year earnings guidance amid modest improvements across some of its ports and rail operations.
ARI - ARRIUM - down 1.25 cents, or 7.35 per cent, at 15.75 cents
Mining and metals group Arrium has endured another horror quarter, with iron ore prices falling well below costs.
OZL - OZ MINERALS - down 8.0 cents, or 2.05 per cent, at $3.83
Copper and gold miner Oz Minerals is on the hunt for acquisitions as part of a major restructure.