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Woodside Petroleum has unveiled record third quarter production results and upgraded its full year targets after a better than expected result at Pluto.
Wall Street has risen, despite selling pressure after IBM and Intel posted disappointing results, but buoyed by positive housing figures.
New dad and Nine CEO David Gyngell says Nine is "ready to rock and roll" after a deadline deal left the network free of debt and in new hands.
The Australian share market has closed at a 15-month high in the wake of stronger markets in the United States.
A severe downturn in the new house market is set to take a chunk out of developer Stockland's earnings in the 2012/13 financial year.
CSL has confirmed it expects to grow profit by 12 per cent this financial year and it announced another $900 million share buyback.
