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

AZJ – AURIZON – down one cent, or 0.2 per cent, at $4.86

Rail operator Aurizon is looking to abolish workplace agreements that ban it from forcing staff into redundancies, as the company moves to cut another 480 jobs from its workforce.

CCL – COCA-COLA AMATIL – down six cents, or 0.66 per cent, at $9.09

The head of Coca-Cola Amatil’s Australian beverages business will leave the company as part of a restructure of the business.

IPL – INCITEC PIVOT – up 2.5 cents, or 0.89 per cent, at $2.845

Explosives and fertiliser maker Incitec Pivot has lifted its first half revenue seven per cent thanks to strong growth from one of its ammonium nitrates plants and reduced costs.

LEI – LEIGHTON HOLDINGS – down 20 cents, or 0.99 per cent to $19.85

A senior executive at Leighton Holding’s Thiess subsidiary in India has been arrested.