STOCKS to watch on the Australian stock exchange at noon on Friday:
GNC - GRAINCORP LTD - up 97 cents, or 8.17 per cent, at $12.84
GrainCorp shares are up eight per cent after the company announced it will recommend its shareholders accept the latest takeover offer by US food processing giant Archer Daniels Midland.
LEI - LEIGHTON HOLDINGS GROUP - up one cent, or 0.05 per cent, at $19.86
The John Holland Group will rebuild Brisbane's iconic RiverWalk after winning the $72 million government contract.
RMD - RESMED INC - down five cents, or 1.11 per cent, at $4.45
Sleep disorder equipment supplier ResMed has posted record revenue and income for the March quarter.
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