Apple Inc. is wasting untold amounts of shareholder’s money—Justin Danhof (NCPPR)
Athena Yenko Mar 04, 2014
The Australian share market has started the new trading month in the red, dragged down by weakness in financial and mining players. The All Ordinaries Index (XAO) closed lower by 18 points or 0.3 per cent today, after rising four per cent in February.
Vittorio Hernandez Mar 03, 2014
While Apple CEO Tim Cook may just be silently taking blows against the company and its profits, he apparently won't take it just seating down when critics pick on Apple's contributions to help save the environment and ease climate change and global warming.
Esther Tanquintic-Misa Mar 03, 2014
The ASX 200 traded lower at the open thanks to the combination of stocks going ex-dividend and the defensive tone inspired by developments in the Ukraine. The market continued to trade lower over the course of the morning with few signs of consolidation. As lunchtime approached the index was still making new lows with a loss of 1.1% or 62 points.
Vittorio Hernandez Mar 03, 2014
Health authorities in New Zealand are warning Kiwis of a possible dengue outbreak following the spate of the disease in Fiji which has already killed three people in the island nation in the South Pacific Ocean. Fiji hospitals have been reported to be swamped with more than 2,000 cases.
Esther Tanquintic-Misa Mar 03, 2014
Lucky drivers in Calgary, Alberta in Canada. An app informed them about a looming gas price adjustment, essentially empowering them at the right time on Thursday to manage the situation, their gas supplies as well as their expenses.
Esther Tanquintic-Misa Mar 03, 2014
Markets have a lot to digest this morning; a geopolitical crisis in Ukraine, China's PMI index beating expectations (which was a surprise) and the start of central bank week. But the biggest talking point is the developments out of Crimea.
Vittorio Hernandez Mar 03, 2014
In US economic data, preliminary figures showed the US economy grew at a 2.4% annual rate in the December quarter, just short of forecasts but down from the 3.2% ´´flash´´ reading. Consumer sentiment rose from 81.2 to 81.6 in February. Pending home sales rose by 0.1% in January. And the Chicago purchasing managers index rose from 59.6 to 59.8 in February.
Vittorio Hernandez Mar 03, 2014
Qantas continues to suffer from turbulence, not only because of the $252 million first-half loss reported on Thursday and the looming job cuts of 5,000 spread over three years. The threat of being unemployed had angered the unions that are now threatening to strike which could further cripple the financially ailing air carrier. To add fuel to the raging labour fire, Qantas is shouldering the $4 million bill of flying the cast and crew of American TV show Modern Family which is shooting a one-off...
Vittorio Hernandez Mar 03, 2014
Australia is expecting higher export of live sheep and cattle after the Bahrain market reopened over the weekend, while major blocks to resuming live animal trade with Iran has been removed.
Vittorio Hernandez Mar 03, 2014
Apple Inc shares gained 1.4 per cent to close at $524.47, making its total gain based on month-to-date figures to 4.8 per cent. According to analysts, they are optimistic about Apple Inc shares before the closing bell on the last day of February which will also mark the day Apple is set to hold its annual shareholder meeting.
Reissa Su Feb 28, 2014
The Australian share market closed modestly lower today, and shed 0.6 per cent over the course of what was a very busy week on the corporate reporting calendar.
Vittorio Hernandez Feb 28, 2014
Fortune has once again listed Apple Inc. as number 1 World’s Most Admired Company
Athena Yenko Feb 28, 2014
New Zealand's flag carrier is expecting higher earnings for the year ending June as its first quarter 2014 profits lifted 40 per cent to NZ$140 million from a year ago.
Esther Tanquintic-Misa Feb 28, 2014
Having sagged in Thursday's session there was a little more vitality in the opening part of trade on Friday although that experience was short lived. The 30 point improvement seen at the outset was quashed rather quickly as the index quickly returned to the levels of the close last evening.
Vittorio Hernandez Feb 28, 2014
Apple Inc (NASDAQ:AAPL) is losing institutional investors, and it's the only company that is currently in a 5-year-low based on stock ownership figures by banks, mutual funds, hedge funds and other major financial institutions.
Reissa Su Feb 28, 2014
Equities edged higher with the S&P managing to close at a fresh record high as a better-than-expected core durable goods reading and comments by Fed chair Janet Yellen lifted sentiment. However, unemployment claims came in worse than expected and Yellen suggested the recent weakness in data could be largely weather related, but further assessment over the next few weeks will be needed to provide clarity on the matter. Until then, tapering is likely to remain on course at $10 billion a month. The...
Vittorio Hernandez Feb 28, 2014
In US economic data, durable goods orders fell by a less than expected 1% in January after a 5.3% fall in December. Excluding transportation orders rose by 1.1% in January - the largest rise since May 2013. US jobless claims rose by an unexpected 14,000 to a seasonally adjusted 348,000 last week.
Vittorio Hernandez Feb 28, 2014
The cost-cutting measures announced by Qantas on Thursday following its half-year loss of $252 million would result not only in the loss of 5,000 jobs, but also cut in flights.
Vittorio Hernandez Feb 28, 2014
Known as the "Willy Wonka of Weed," Tripp Keber is one of Colorado's biggest marijuana business and the man behind Dixie Elixirs & Edibles, the nation's largest medical-marijuana products companies.
Riza Ornos Feb 27, 2014
The Australian share market has fallen victim to profit taking, after a recent bull run. The All Ordinaries Index (XAO) lost 26pts or 0.5 per cent on the close to 5421 with weakness from mining, energy and financial players.
Vittorio Hernandez Feb 27, 2014
A bad week for Apple (NASDAQ:AAPL) as its dipping continues with analysts saying the stock now a poor investment
Athena Yenko Feb 27, 2014
State-owned New Zealand Post has announced it will be axing more jobs in the coming months as it struggles to keep operations alive and well.
Esther Tanquintic-Misa Feb 27, 2014
Coffee drinkers seeking to reduce their consumption of the beverage may want to seriously ponder on that plan. Prices of coffee in the world market are expected to increase, spurred by droughts resulting from climate change.
Esther Tanquintic-Misa Feb 27, 2014
The ASX 200 skidded lower at the open of trade plumbing a low of 5412 or a loss of 15 points. Whilst the market found some support in that region sellers were still keen to press their claims, meaning that the index showed little sign of recovering over the morning session
Vittorio Hernandez Feb 27, 2014
It was another turbulent six months for Australian flag carrier Qantas which reported on Thursday a half-year loss of $252 million. The embattled airline also confirmed rumours that it would cut 5,000 jobs over the next three years.
Vittorio Hernandez Feb 27, 2014
It was once again another choppy session for US equities, with early gains fading towards the end of the session. Geopolitical concerns also resurfaced on the Ukraine front, and this, along with some encouraging US economic data helped underpin the greenback. New home sales data came in much better than expected at 468,000 (+9.6%) versus an anticipated 406,000. AUD/USD extended its losses after having recovered significant ground following yesterday's sharp sell-off. The pair is back below 0....
Vittorio Hernandez Feb 27, 2014
In US economic data, new home sales soared by 9.6% in January to a 5-1/2 year high of 468,000. Economists had tipped an annual rate of sales near 400,000. But the weekly mortgage market index fell by 8.5% to 348.5 in the latest week with refinancing down 11.4% and new purchases down 3.5%.
Vittorio Hernandez Feb 27, 2014
Coffee and doughnut shop Tim Hortons is determined to win the coffee war in Canada and the U.S. by an aggressive expansion progamme it announced on Tuesday.
Vittorio Hernandez Feb 27, 2014
Many Baby Boomers, people born between 1946 and 1964, are already contemplating the question of where to spend their retirement years as most of them approach the end of their careers.
Vittorio Hernandez Feb 27, 2014
