By Michael Lombardi, MBA for Profit ConfidentialDid the Federal Reserve just tell us it wants much higher inflation?In the most recent meeting minutes from the Federal Open Market Committee (FOMC), it said:"Most [members], however, now anticipated that the Committee would not sell agency mortgage-ba...
Apple fans would have to wait for sometime before the Retina Display arrives on the iPad Mini 2. Several reports indicated the Retina would likely have a full launch by 2014, at the earliest.
Despite weak sales, Canadian phone maker BlackBerry is determined to regain its number one position in the mobile phone market by planning the release of a new flagship device by the second half of 2013. The A10, featuring a 5-inch Super AMOLED display, dual-core processor and a separate graphic processor, will roll out by fall.
iQuant predicts limited upside for the week ending 19th July 2013. Short term indicators suggest the 4957 level will hold.
David Jones is parting ways with ModelCo after over ten years of union. The high-end department store chain and the cosmetics company are cutting off their once lucrative relationship, with each claiming they dumped the other one.
Local shares failed to hold onto the 0.9 per cent improvement recorded over the first hour of trade. However, the All Ordinaries Index (XAO) still managed to edge higher by 0.3 per cent; gaining for the fourth straight day; up around 2.9 per cent this week and flirting with the 5000.0 point mark for the first time since May.
Sony became the king of the hill in the world of electronics and technology. The Japanese company popularised the Sony clock radio, Walkman, Xperia and Sony Entertainment system but now in a vulnerable position on holding technical superiority worldwide. How did Samsung overtake one of the biggest known brands in the world?
The price of the Mazda 3 has been cut to $19,990 driveaway as Mazda Australia takes one final shot at the Toyota Corolla and the 2013 sales crown.
Verizon Communications Inc's contract with Apple Inc will apparently end this year as the deal becomes due. Verizon owes to Apple Inc an outstanding balance of almost $12 billion. A Verizon shortfall of $12 to $14 billion has an estimated value of $4-5 per share.
Is he Harvey Two-Face or Janus? The 'he' we're referring to is US Federal Reserve Chairman Ben Bernanke. He thoroughly confused markets after the US close on Wednesday. On the one hand, the Fed will not necessarily end QE when the US unemployment rate reaches 6.5%. On the other hand, interest rates will not rise even if the Fed 'tapers off' bond purchases.
Everything is looking good for the US of A! Or is it?
Completing a Kickstarter phase has helped Pebble generate more than 190,000 pre-orders. The Pebble team is responsible for the smart watch device hitting the market soon. With their Kickstarter phase finished, the team will now handle hundreds of thousands of shipments sent to their website.
The Australian sharemarket is improving for the fourth straight day. The All Ordinaries Index (XAO) is up 0.6 per cent, taking the gains this week to around 3.25 per cent. If the gains extend a little further this afternoon, this will end up being the best week since December 2011.
Something is brewing in apple as reports cite a sighting of a patent application under the company’s name at the U.S. Patent and Trademark Office. The patent hints Apple’s working on a hybrid device with an external touchpad and built-in initial sensors. The new device offers people a wide range of motion functions – could this be Apple’s next best product?
Eight more cities in China want to limit the purchases of private cars in order to fight and manage the growing double whammy air pollution as well as traffic congestion menace in the country. The eight include Chengdu, Chongqing, Hangzhou, Qingdao, Shenzhen, Shijiazhuang, Tianjin and Wuhan.
By David Fessler, Investment U Senior AnalystRon Baron isn't as famous as Warren Buffett or Peter Lynch, but the founder of Baron Capital Group deploys an investment philosophy that's not unlike the better-known investment giants: Start with in-depth research, ignore short-term market vola...
JPMorgan warned of a global iron ore shortage because of Rio Tinto's (ASX: RIO) plan to delay the expansion of its $5.4-billion iron ore mine in Western Australia. The bank reviewed Rio's plan to boost its yearly production of the key steelmaking ingredient commodity by 70 million tonnes.
Samsung and HTC will go head to head sometime this year as they release their two phablets. Samsung is poised to release the Samsung Galaxu Note 3 whereas HTC will release their HTC One Max. Many consumers seem to anticipate more of the other but it is worthwhile to check which phablet features such to see which can dominate the market truly.
By Greg PeelThe Dow rose 169 points, or 1.1%, while the S&P gained 1.4% to 1675 and the Nasdaq added 1.
Reports hint at Microsoft reorganization. This can spell tons for consumers though the restructuring should be subtle as reported.
Newcrest Mining Ltd is cutting jobs at its Telfer mine in Western Australia as proof of concrete action on its controversial restructuring plans announced last June 7.
The Australian sharemarket jumped by 1.3 per cent, rising for the third consecutive session. Local stocks have improved by 2.5 per cent so far this week.
James Packer is confident in the booming gaming market of the Philippines. Packer's Asian gaming joint venture Melco Crown will be building a gaming complex at Manila Bay. The investment is worth US$1 billion and is one of the three new casino ventures in Manila, Philippines.
The Australian share market is continuing on its solid run, firmer by another one per cent at lunchtime during Thursday's trade.
Tablets with personal computer capacities slowly penetrate the markets these days. Amazon started lowering the price for Kindle Fire HD which can only mean an upgraded version will come soon. Likewise, the market is also anticipating highly the release of Apple’s iPad Mini 2 and Google’s Nexus 7.2 Tablet PC revolution is just down the pipe.
Labour force figures today are expected to push the unemployment rate higher than last month's 5.5 per cent as the decline of the Australian dollar and sluggish economy hampers jobs growth.
In full compliance to orders from the leader of the Roman Catholic church Pope Francis to practice austerity and simplicity at all times, a priest from Colombia has decided to sell off his white Mercedes Benz E200 convertible with a black top to the market for $63,000.
Air New Zealand grants a dying man’s wish as it continues with its dispute with the conditional alliance with Virgin Australia
Intel Corp is just barely managing to cope up with the declining PC sales as its chips finally start to penetrate the tablet and smartphone market. However, Intel may have to exert more. It has to be more than a chip titan to become successful in the mobile industry.
Samsung hopes to tackle down Apple’s and Google’s take on wearable devices. Google continually works on Google Glass while Apple looks forward to releasing their iWatch. For Samsung, wearable computers and devices offer a great market potential.
