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AAP

December 04 2012, 08:04AM

Stocks to watch on the Australian stock exchange on Tuesday December 4

CWN - CROWN LTD - up six cents at $10.31

Crown has received government permission for an additional 500 gaming machines its new six-star luxury hotel development proposed for Perth.

ORG - ORIGIN ENERGY LTD - up nine cents at $11.07

Origin Energy should be allowed to charge higher electricity prices to reflect the real cost of producing power, lawyers for the company have argued in court.

NWS - NEWS CORPORATION LTD - up four cents at $24.30

NWSLV - NEWS CORPORATION NON VOTING SHARES - down three cents at $23.71

News Corp head Rupert Murdoch has announced Australian Robert Thomson as the new boss of News International, after former CEO Tom Mockridge stood down.

PMV - PREMIER INVESTMENTS LTD - up 15 cents at $6.47

The owner of retailers Just Jeans, Jay Jays and Portmans holds its annual general meeting on Tuesday.

SDL - SUNDANCE RESOURCES - in a trading halt, last traded at 39 cents.

Shares in Sundance Resources are expected come under downwards pressure when they resume trading, as the prospect of a takeover deal with Hanlong Mining appears even more remote.

WPL WOODSIDE PETROLEUM LTD - up 31 cents at $34.11

Woodside Petroleum has played down security risks involved in operating a gas processing plant in Israel as it continues to push into overseas markets.