Stocks to watch on the Australian stock exchange at noon on Friday:
ASB - AUSTAL - up 0.5 cent, or 0.56 per cent, at 89.5 cents
The US Navy is poised to scale back its purchase of 52 littoral combat ships made by Lockheed Martin Corp and Australia's Austal Ltd.
SUL - SUPER RETAIL GROUP - down $2.00, or 15.91 per cent, at $10.57
Shares in Super Retail Group have dived almost 16 per cent following a weaker than expected sales result.