Stocks to watch on the Australian stock exchange eearly on Tuesday:
ALS - ALESCO CORPORATION LTD - up 6.0 cents, or 2.94 per cent, at $2.10
DLX - DULUXGROUP LTD - down one cent, or 0.34 per cent, at $2.95
Alesco has urged its shareholders to take no action on a $188 million takeover offer from DuluxGroup as it awaits further details on the offer.
CWK - COALWORKS LTD - up 14 cents, or 16.37 per cent, at 99.5 cents
WHC - WHITEHAVEN COAL LTD - down 31 cents, or 6.31 per cent, at $4.60
Whitehaven Coal is continuing its expansion, launching a $172 million offer for NSW coal explorer Coalworks.
EPD - EMPIRE LTD - last traded at 30 cents.
Empire Ltd is due to hold a general meeting on Tuesday.
IMC - IMMURON LTD - flat at 1.7 cents
Synlait Milk, the New Zealand milk processor controlled by China's Bright Dairy, has signed a deal to supply colostrum to ASX-listed pharmaceutical company Immuron.
IVA - IVANHOE AUSTRALIA LTD - down two cents, or 1.69 per cent, at $1.16.5
RIO - RIO TINTO LTD - down $2.91, or 4.48 per cent, at $62.00
Rio Tinto has named its nominees to the board of minerals explorer Ivanhoe Australia after taking effective control of the company's major shareholder.
LEI - LEIGHTON HOLDINGS LTD - down 71 cents, or 3.56 per cent, at $19.25
The completion date for Brisbane's Airport Link toll road has been pushed back by almost two months.
ORI - ORICA LTD - down 14 cents, or 0.53 per cent, at $26.40
Chemical leaks at Orica's ammonia plant near Newcastle in NSW have contributed to a four per cent drop in the company's first half net profit.
OST - ONE STEEL LTD - last traded at $1.225
OneSteel Ltd is due to hold an extraordinary general meeting to consider name change to Arrium Ltd.
OSH - OIL SEARCH LTD - last traded at $7.12
Oil Search is due to hold a general meeting.
SUN - SUNCORP GROUP LTD - down 16 cents, or 1.91 per cent, at $8.21
Queensland's biggest insurer has stopped writing new policies in two towns that repeatedly flood, urging governments to do more mitigation works.
TLS - TELSTRA CORPORATION - down five cents, or 1.39 per cent, at $3.56
Random House managing director Margaret Seale is joining Telstra's board as a non-executive director.
