Stocks to watch at noon on Tuesday

STOCKS to watch on the Australian stock exchange at noon on Tuesday:

CCV- CASH CONVERTERS - up 2.5 cents, or 1.9 per cent to $1.34

Cash Converters has obtained $60 million from Westpac Bank that the second hand dealer and short-term loan provider will use to grow its personal loan book.

KMD - KATHMANDU - down one cent or 0.5 per cent to $1.96

Kathmandu has defied difficult retail conditions to post a hefty rise in first half profit as new stores performed well and online sales grew.

SDL - SUNDANCE RESOURCES - in a trading halt, last traded at 21 cents

Sundance Resources says suitor Hanlong will not be able to meet its financial deadline for its $1.3 billion takeover of the Africa-focused iron ore hopeful.

UGL - UGL - up 83 cents, or 8.8 per cent to $10.26

MELBOURNE - Engineering and property services provider UGL is reviewing its corporate structure now that the property business generates nearly 50 per cent of group earnings.

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