Stocks to watch on the Australian stock exchange at noon on Friday:
DLS - DRILLSEARCH - up 0.75 cents, or 0.7 per cent, at $1.0725
Oil and gas producer Drillsearch Energy says chief executive Brad Lingo's sudden departure is a necessary move as the company needs fresh ideas to move forward.
GEM - G8 EDUCATION - down 11 cents, or 3.4 per cent, at $3.14
AFJ - AFFINITY EDUCATION GROUP - up 13.5 cents, or 25 per cent, at 67.5 cents
Childcare operator G8 Education has launched a takeover bid for smaller rival Affinity Education.
QAN - QANTAS AIRWAYS - down seven cents, or 2.1 per cent, at $3.20
Qantas will give its workforce $90 million in bonuses following a dramatic turnaround in the airline's fortunes.
HVN - HARVEY NORMAN - down 10.5 cents, or 2.25 per cent, at $4.555
JBH - JB HI-FI - down 19 cents, or one per cent, at $19.62
MYR - MYER - down 0.5 cents, or 0.4 per cent, at $1.275
WES - WESFARMERS - down 37.5 cents, or 0.9 per cent, at $39.585
WOW - WOOLWORTHS - down 28 cents, or one per cent, at $27.51
Retail spending rose 0.3 per cent in May, short of economists' expectations of a rise of 0.5 per cent, but an improvement on April's 0.1 per cent slide.