Stocks to watch on the Australian stock exchange at noon on Wednesday:
FXL - FLEXIGROUP - up 16 cents, or 4.57 per cent, at $3.66
SPK - SPARK NEW ZEALAND GROUP - up 0.5 cents, or 0.16 per cent, at $3.185
Australian finance group FlexiGroup will become New Zealand's biggest IT leasing company, after snapping up Telecom Rentals.
IAG - INSURANCE AUSTRALIA GROUP - up 3.50 cents, or 0.61 per cent, at $5.795
Insurance Australia Group is facing claims of up to $90 million as a result of devastation caused by Cyclone Marcia in Queensland.
MQG - MACQUARIE GROUP - in trading halt, last traded at $73.52
Macquarie Group wants to raise $500 million to help fund its $4 billion acquisition of the AWAS aircraft operating lease portfolio.
NRT - NOVOGEN - up 8.00 cents, or 61.54 per cent, at 21 cents
A drug developed by an Australian biotech is showing promise in destroying stubborn brain cancer cells in children and adults.