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Woolworths admits that its hardware store chain Masters was too optimistic with its sales forecasts, as the group's home improvement assets bleed.
Woodside's June quarter revenue and production fell because of weaker gas prices and the impact of maintenance at several projects.
The Dow Jones Industrial Average added 18.67 (0.12 per cent) at 15,470.52, while the broad-based S&P 500 put on 4.65 (0.28 percent) at 1,680.91.
Gains by mining shares were not enough to offset losses in other sectors on a quiet day of trade on the Australian share market.
Insurance company IAG has upgraded its financial guidance for the 2012/13 financial year, due in part to few-than-expected claims made.
Launa Inman leaves Billabong, after a string of unfulfilled US takeover bids and a crashing share price which would barely buy a lollipop.
