Stocks to watch on the Australian stock exchange at noon on Thursday:
AGO - ATLAS IRON - up 4.25 cents, or 4.45 per cent, at 99.75 cents
Western Australian iron ore producer Atlas Iron achieved record shipments in the March quarter but has also been hit by weaker commodity prices.
ANZ - AUSTRALIA & NEW ZEALAND BANKING GROUP - up 5.00 cents, or 0.14 per cent, at $34.64
WBC - WESTPAC BANKING CORPORATION - down 7.00 cents, or 0.20 per cent, at $35.55
New Zealand's markets watchdog is joining the investigation into whether the sales and marketing of interest rate swaps by major banks to rural customers may have breached financial markets laws.
EPW - ERM POWER - up 7.00 cents, or 3.00 per cent, at $2.40
ERM Power has secured $1 billion in new contracts to supply electricity to the federal and NSW governments.
RHC - RAMSAY HEALTH CARE - down 48 cents, or 1.04 per cent, at $45.51
Australian billionaire and Ramsay Health Care founder Paul Ramsay is in a serious condition in a European hospital.
RMD - RESMED - up 18 cents, or 3.53 per cent, at $5.28
Medical technology group ResMed has lifted its third quarter earnings six per cent, despite flat sales from its key US market.
TCL - TRANSURBAN - in a trading halt, last traded at $7.27
A consortium led by toll road owner Transurban will pay $7 billion to buy a string of Brisbane motorways from the Queensland government.
WHC - WHITEHAVEN COAL - down 1.5 cents, or 0.93 per cent, at $1.59
Whitehaven Coal has revised down their full year production guidance by up to 8.4 per cent due to operational problems at their mines.