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Global Markets Overview – 4/24/14

The equity rally we've been seeing in the US finally came to a halt on the back of mixed earnings and some disappointing economic data. The US flash manufacturing PMI and new home sales both missed estimates and contributed to dampening sentiment. While earnings weren't great in US trade, after hours trade has seen some monster results from tech giants Apple and Facebook. In fact, US futures are up 0.6% in after-hours trade and this is likely to also translate to good gains in Asia.

Australian Stock Market Report – Morning 4/24/14

In US economic data, new home sales fell by 14.5% to a 384,000 annual rate in March, an 8-month low and below the market expectation for a result near 450,000. The Markit manufacturing index eased from 55.5 to 55.4 in April, below forecasts for a result near 56.0.

Hoax Alert: Visa-Free Entry for Filipinos to U.S.

Although Filipinos are found in 200 countries, the United States remains a land of milk and honey for many of them. Thus, when a news report came out that the State Department announced on Monday of a new policy that could be life changing for Philippine residents, many were happy.
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A woman looks at the screen of her mobile phone in front of an Apple logo outside its store in downtown Shanghai September 10, 2013.

Apple 5.5-inch iPhone 6 Delayed Until 2015

Apple is set to roll out two iPhone models in 2014. The company will have a 4.7-inch screen and the other will have a 5.5-inch display, as claimed by earlier reports.

Global Markets Overview - 4/23/14

The light Easter trading continued in Europe and the US overnight. The Easter mergers and acquisitions dance also continued as drug maker GSK traded its cancer division to Swiss competitor Novartis.

Australian Stock Market Report – Morning 4/23/14

In US economic data, existing home sales fell by just 0.2% to a 4.59 million annual rate in March, above forecasts for a result near 4.55m. The FHFA home price index rose by 0.6% in February to stand 6.9% higher than a year ago. The Richmond Federal Reserve index rose from minus 7 to +7 in April.

Adobe Flash Player 12: Review, Highlight, Prerequisite, Support; Available as Free Download

The Adobe Flash Player is the touchstone for rich, salient and high-impact web content. Designs, graphics, animations, and user interfaces are deployed immediately across all browsers and platforms, guaranteeing rich and seamless virtual experience. For high quality video streaming, Adobe's Flash Player versions are the golden standard in the blogosphere.

Australian Stock Market Report – Afternoon 4/22/14

The Australian share market rose in thin trading volumes on the first day of the shortened trading week. Markets were closed yesterday for the Easter Monday holiday and will be shut again on Friday for Anzac Day.
Marijuana-based products are displayed at the "Oregon's Finest" medical marijuana dispensary in Portland, Oregon April 8, 2014. Over 20 Oregon cities and counties are moving to temporarily ban medical marijuana dispensaries ahead of a May d

Health Canada Issues Recall Against Purple Kush Medical Marijuana

Concerns over "production practices" had prompted Health Canada to issue a recall notice against a British Columbia supplier of medical marijuana. The specific pot is Purple Kush, Batch PK-10-20-13, manufactured by Greenleaf Medicinals that is based in Nanaimo.

New Zealand Minister, Economists Slam U.S. Analyst for 'Alarmist' Article on NZ Economy Going to Recession

New Zealand economists have rejected the claims of an analyst writing for U.S. magazine, Forbes, that the country is headed for "a major fall." Jesse Colombo wrote in a Forbes column that New Zealand's housing market was "overvalued" and an increase in interest rates could lead to recession. The 28-year-old analyst suggested that along with Australia, Canada and other countries, New Zealand's economic bubble could burst. Mr Colombo said the bubble could pop and he expected it ...
Yahoo CEO Marissa Mayer Speaks During Her Keynote Address at the Annual Consumer Electronics Show in Las Vegas

Yahoo President/CEO Marissa Mayer Already Has Support from Apple for Her Yahoo-Over-Google Plan

Yahoo CEO Marissa Mayer has set aggressive plans to confront Google head on by convincing Apple to make Yahoo the default search engine in the iPad and iPhone's Safari Web browser. She is well backed up by Adam Cahan, senior vice president for mobile and product search department of Yahoo, and already supported by a longtime acquaintance inside Apple and some of its executives.

Global Markets Overview – 4/22/14

There have been some very interesting corporate developments over the Easter break around corporate auctions. AstraZeneca, the UK's second largest pharmaceutical company, received a takeover bid from US giant Pfizer, Newmont Mining and Barrick Gold are in talks for a 'merger of equals' as US medical company Allergan is under interest from investment activist William Ackman - a deal which is believed to be worth over US$50 billion.

Australian Stock Market Report – Morning 4/22/14

In US economic data, the national activity index eased from a revised reading of +0.53 points in February to +0.20 points in March. The leading index rose by 0.8% in March, higher than the market expectation for a gain of +0.7%.

Apple Inc (AAPL) Early June Quarter Estimates May Alarm Investors

For Apple Inc.'s investors who expect a strong June quarter, Chuck Jones, a prominent writer of Forbes, has lower expectations. Wall Street's predictions for Apple's June quarter is equally disappointing for those hoping for a big Apple comeback.

Australian Stock Market Report – Afternoon 4/17/14

The ASX 200 ended Thursday's session with a flourish having posted highs in the late morning. The index tapered away in the afternoon although it kicked higher to end the week with a gain of almost 0.5%. This was a noteworthy turnaround considering the weak tone that marked the early part of the week.

Australian Stock Market Report – Midday 4/17/14

The Australian sharemarket is rising for the third straight day, driven by firmer global markets overnight. The All Ordinaries Index (XAO) is still above 5400pts this shortened trading week.

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