Stocks to watch at noon on Wednesday

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

CVW - CLEARVIEW - steady, at $1.04

ClearView Wealth has lifted first half underlying net profit on the back of increased life insurance premiums and sales.

DLX - DULUXGROUP - up 4.00 cents, or 0.66 per cent, at $6.10

Paint maker DuluxGroup has agreed to acquire Sydney-based Porter's Paints for an undisclosed sum.

MAH - MACMAHON - up 0.7 cents, or 20.59 per cent, at 4.1 cents

Troubled mining services contractor Macmahon Holdings has fallen into the red with a first half loss of $112.45 million.

MOC - MORTGAGE CHOICE - down 11 cents, or 3.79 per cent, at $2.79

Mortgage Choice says the outlook for home loan approvals into 2016 looks positive amid the booming property market.

MVH - MONASH IVF - steady, at $1.40

Monash IVF expects to continue to expand despite a contraction in key markets for assisted reproductive services (ARS).

RFG - RETAIL FOOD GROUP - up 44 cents, or 6.73 per cent, at $6.98

The retailer behind Gloria Jean's cafes and Brumby's bread has lifted its forecast for full year earnings after a bumper first half.

SRF - SURFSTITCH - up 6.5 cents, or 5.48 per cent, at $1.25

Online retailer SurfStitch has maintained its full year prospectus forecast of $5.1 million in underlying earnings.

SUN - SUNCORP - up 11.5 cents, or 0.83 per cent, at $13.975

Financial services giant Suncorp has received 4,300 claims in relation to the devastation caused by Cyclone Marcia in Queensland.

SVW - SEVEN WEST GROUP - up 64 cents, or 10.36 per cent, at $6.82

Kerry Stokes' Seven Group Holdings half year net profit has fallen 74 per cent to $68.48 million, weighed down by weaker commodity and media markets.

SXL - SOUTHERN CROSS MEDIA - up 10 cents, or 10.69 per cent, at $1.035

Southern Cross Austereo wants to put a dismal 2014 behind it as it pins its hopes on a new breakfast radio team in Sydney and improved ratings from its TV affiliate, Ten.

VED - VEDA - down 2.00 cents, or 0.85 per cent, at $2.33

Credit information provider Veda has swung back into the black with a first half profit and expects a small lift in full year earnings.

WFD - WESTFIELD CORP - up 8.00 cents, or 0.79 per cent, at $10.22

Westfield Corporation co-chief executive Peter Lowy has cancelled plans to step down from his role with the international shopping centre giant.

WOR - WORLEYPARSONS - down $1.37, or 12.20 per cent, at $9.86

WorleyParsons says it is well positioned to manage the decline in the mining and energy sectors after recording a resilient seven per cent fall in net profit.


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