Brickworks said that operating profit after tax for the quarter ended 30 September was up 12% on the PCP and had outperformed the S&P/ASX 300 by 18.1% over the last three months.

Arrow said its agreement with Shell to sell a stake in its tenements would be settled in November. The company noted that the initial payment to Arrow had increased by about $130 million.

Prima BioMed started patient treatment of its CVac ovarian cancer product. The company said it was making rapid progress towards the commercialisation of CVac. [More]

AXA Asia Pacific said Australian net flows for the nine months to 30 September 2008 were positive at $1.9 billion. The company said it remained confident in the longer term outlook for its businesses.

GPT said it would contest any action taken against the company by Slater & Gordon announced last week. The company said the action was in regards to the adequacy of earnings forecasts.

Goodman Group said it would raise $775m in equity and reactivate its dividend reinvestment plan to shore up its balance sheet. The company forecast earnings of 19.4c per security in FY09.

Leighton Holdings Limited (LEI) said that the InfraShore Consortium, led by its Theiss unit, had reached an agreement with the NSW Government to deliver the Royal North Shore Hospital and Community Health Services Project. [More]

Bringing you today's mining, oil and exploration announcements as they come to market.

The Reserve Bank cut the cash rate by 75 basis points to 5.25% at Tuesday's board meeting. Governor Glenn Stevens said world markets had remained turbulent over the past month.

Alcoa has suspended work on the proposed expansion of the Wagerup 3 Refinery in WA until market conditions improve. Alcoa said the decision was made due to the global financial crisis.