Stocks to watch on the Australian stock exchange at noon on Monday:
AMP - AMP - down 16 cents, or 3.31 per cent, at $4.67
AMP chairman Peter Mason will step down at the company's annual general meeting in May.
CCL - COCA-COLA AMATIL - up 1.00 cent, or 0.09 per cent, at $11.31
Beverages supplier Coca-Cola Amatil will pay former chief executive Terry Davis $150,000 a year for three years in exchange for him not working for competitors in Australia.
NAB - NATIONAL AUSTRALIA BANK - down 30 cents, or 0.86 per cent, at $34.44
The National Australia Bank has cut its fixed interest rate for two-year terms to the lowest level in more than 20 years.
QAN - QANTAS AIRWAYS - down 1.25 cents, or 1.07 per cent, at $1.1525
Qantas would face national interest tests even if the laws relating to majority Australian ownership were repealed, Prime Minister Tony Abbott says.
TPI - TRANSPACIFIC INDUSTRIES GROUP - up 0.25 cents, or 0.21 per cent, at $1.1775
Transpacific Industries Group, the Australian waste management company, has agreed to sell its New Zealand business to Beijing Capital Group for $NZ950 million ($A896.27 million).
WOR - WORLEYPARSONS - down 27 cents, or 1.61 per cent, at $6.54
Australian company WorleyParsons has won a $Can130 million ($A132 million) contract to provide engineering and procurement work for a bitumen refinery project in Canada.