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.
WCB - WARRNAMBOOL CHEESE AND BUTTER FACTORY - last traded at $8.20
Warrnambool Cheese and Butter Factory is set to acquire some popular cheese brands, including COON.