Stocks to watch at close on Wednesday STOCKS to watch on the Australian stock exchange at close on Wednesday: JHX - JAMES HARDIE INDUSTRIES - down eight cents, or 0.83 per cent, at $9.57 Building materials maker James Hardie has appointed a senior executive from GE as its replacement for outgoing chief financial officer Russell Chenu. LYC - LYNAS CORPORATION - down 1.5 cents, or 2.94 per cent, at 49.5 cents Lynas is worried that it is giving away its rare earths products and has decided to draw a line in the sand for its own prices. NCM - NEWCREST MINING - down 10 cents, or 0.83 per cent, at $11.93 Gold miner Newcrest has defended the timing of its major restructure announcement and says it has not breached any share market rules. TSE - TRANSFIELD SERVICES - down five cents, or 6.33 per cent, at 74 cents Troubled construction and maintenance group Transfield Services has appointed a BHP executive as its new chief financial officer. WES - WESFARMERS - down 63 cents, or 1.66 per cent, at $37.23 Target will shed 260 jobs from its Geelong head office and regional locations in another blow to Victoria's second biggest city.