STOCKS to watch on the Australian stock exchange at noon on Tuesday:
ALZ - AUSTRALAND PROPERTY GROUP - up five cents, or 1.46 per cent, at $3.47
Property developer Australand has confirmed several companies are interested in buying all or part of its business.
DLX - DULUXGROUP LTD - up 5.5 cents, or 1.34 per cent, at $4.145
TLS - TELSTRA CORPORATION - up six cents, or 1.33 per cent, at $4.58
TOL - TOLL HOLDINGS LTD - up 16.5 cents, or 2.80 per cent, at $6.605
Alesco Corp has lost its legal challenge over a dispute with New Zealand's Inland Revenue which could pave the way for the taxman to seek $NZ300 million ($A245.82 million) in unpaid tax from other Australian companies.
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