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Stocks to watch



January 31 2013, 12:02AM

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

AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - down 1.5 cents, or 1.2 per cent, at $1.235

Australia's largest cattle producer Australian Agricultural Company (AACo) made an $8.4 million loss in 2012 due to the impact of a suspension of live exports.

MLC - MOTHERCARE AUSTRALIA LTD - last traded at 4.8 cents

Maternity and children's retailer Mothercare Australia has gone into administration after the Myer family pulled the pin on a deal to buy the business.

PXS - PHARMAXIS LTD - down 50 cents, or 40 per cent, at 75 cents

Shares in pharmaceutical company Pharmaxis have dived by more than 40 per cent after its cystic fibrosis treatment received a negative review from advisers to regulators in the United States.

VAH - VIRGIN AUSTRALIA HOLDINGS LTD - down 0.5 cents, or 1.18 per cent, at 43 cents

Virgin Australia's $98 million plan to buy regional airline Skywest has been given the go-ahead by the competition watchdog.

WHC - WHITEHAVEN COAL LTD - down 20.5 cents, or 5.91 per cent, at $3.265

Whitehaven Coal has warned its first half earnings could slump to less than $10 million as weak coal markets and the high Australian dollar take their toll.

WOW - WOOLWORTHS LTD - down 56 cents, or 1.77 per cent, at $31.09

Grocery giant Woolworths has made $30.7 billion in first-half sales with the retailer saying it had placed a greater focus on its core business.