BUSINESS

Uranium: Little Selling In May

By Andrew NelsonUranium sellers were not inclined to sell in May and unfortunately for them, the buyers weren't really buying either.

Wall Street Predicts These Car Brands are Gone by 2014: Mitsubishi, Olympus, Volvo and Other Brands

It has been an annual practice for 24/7 Wall St. to identify brands in the United States in danger of disappearing. For this year, car and tech companies are not exempted. Wall Street’s latest list of brands on the brink of extinction shows the stiff and cruel competition amongst industries – falling behind financing, innovation and efficiency can cost even some of the most well loved brands.

Oz Businesses: Prices To Rise, Profit Outlooks Lifted

- Businesses plan to lift prices- Earnings expectations on the rise- Further cuts to costs, staff and investments coming- Employment casting a pall over proceedingsBy Andrew NelsonAustralian business spending expectations have started to lift from the 24-year low posted last quarter.
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Australian Stock Market Report – Afternoon 6/3/13

Sellers continued to make their presence felt in local trade on Monday ahead of a big week of economic news. The US will hold investor focus globally this week with several tier one data releases anticipated. The week will culminate with the main gauge of US employment, the Non-Farm Payroll report. Locally the menu is lighter by comparison although the RBA decision on Tuesday and the National Accounts data (GDP) on Wednesday will each have a significant bearing on investor sentiment.

China Chases the Bacon

Well if you didn't know that the mining boom had peaked, yesterday made it official. Capital spending fell 4.7% in the March quarter, according to the Australian Bureau of Statistics (ABS). The huge pipeline of resources investment has tapered off. If this is the case, one of the key supports of a strong Aussie dollar - big foreign capital flows for resource projects (especially LNG) - has been kicked out.

Apple Co-Founder Hits Out At Company’s ‘Unfair’ Tax Practices

Steve Wozniak, the co-founder of tech giant Apple Inc alongside Steve Jobs and Ronald Wayne, has described recent criticism of the company's taxes practices as "extremely warranted" and have called for big corporations to be treated the same as the "little guy", during a business conference in Northern Ireland on Thursday.

Australian Stock Market Report – Midday 6/3/13

The Australian sharemarket has kicked off the session in the red, following a tough end to the week in global markets. The ASX 200 Index (XJO) is down 0.1 per cent; however things could have been worse following a 1.3 per cent slump across the US on Friday.

Thomas Cook Makes One More Step to Replace its Old Fleet

Here it comes after long talks, Thomas Cook Group Plc has announced that it reached a deal with GE Capital Aviation Services (GECAS) and its one step closer to have a new shining fleet. Its fleet renewal programme is part of the tour operator's turnaround strategy aimed at improving its dented performance.

NHTSA Proposes New Guidelines for New Age Self-Driving Cars

At last, the National Highway Traffic Safety Administration has set up new guidelines for drivers keen on self-driving cars. The move is a breakthrough as it is one of the first regulatory laws introduced by the agency with respect to autonomous vehicles.

BCC Lifts up UK Growth Outlook as Sentiment Strengthens

A ray of hope emerged as the British Chambers of Commerce upgraded its UK growth forecast for the ongoing year, 2014 and 2015. But also the good news is that consumer confidence substantially climbed in May, according to a separate survey.

India Embitters with Slowest Growth Pace in Decade

India embittered some analysts as the officials informed that the country saw its growth slump to the slowest pace in a decade. The government's measures did not work and the Asia's third economy visibly slowed down, adding to the alarming news on the India's economic conditions.

Tesla Gathers Pace as it Plans New Charging Stations

Not unexpectedly, Tesla Motors Inc. is gathering pace as it has just announced that it will expand its charging stations. The advancement is aimed at giving the owners of electric cars the possibility of having a coast-to-coast ride. But the electric car producer had also a small surprise for its fans.

Low AUD A Positive Injection For Aussie Healthcare

- Falling AUD healthy for Aus Healthcare stocks- Brokers see steady rates as low as 0.96 near-term- CSL and ResMed to benefit most- Hedging limits upside for someBy Andrew NelsonOne Australian industry sector that is already enjoying the recent weakness in the AUD, at least in terms of positive fore...

Apple (AAPL) Investors: Is It Time to Let Go of Your Apple Shares?

The recent stock performance of Apple Inc. has left investors disappointed. The last six months saw the tech giant's share fell 22%. The company also suffered a double-digit loss this year. This happened even if S&P 500 rose to 15% during the same period. The loss reflects Apple's underperformance compared to last year's figures.

Motorola Working on Digital Tattoos, Password Pill

Besides releasing in October 2013 the Moto X smartphone, Motorola Mobility's first handset since it was acquired by Google, the company is working on new methods that would make remembering passwords unnecessary.

Australian Stock Market Report – Afternoon 5/31/13

May; A month which was charactarised by the US Federal Reserve signalling, tacitly or otherwise, that it was developing a strategy to exit its quantitative easing policy. The impact on the local market has been significant. The ASX200 has shed 4.7%, marking its worst decline in 12 months. Additionally there has been a precipitous decline in the Aussie dollar which has also dealt confidence a blow. The local unit has lost more than 7% in May.

Australian Stock Market Report – Midday 5/31/13

Up until just before lunch, the Australian market was improving for the third time this week. Global markets were up modestly overnight, with shares in the US up 0.1 per cent while the German market jumped by 0.8 per cent.

H&M Vows to Use Plus Size Fashion Models

Clothing retail giant H&M has promised to invest more on healthy or plus size models for its advertising campaigns. The company admitted that they previously focused on too-thin models becoming irresponsible in the process. For a change, the company’s newest advertising campaigns will be about healthier bodies.

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

Australian Investors Cautiously Optimistic

Investors in Australia have grown a little more cautious following double digit returns for equities since mid-2012, despite having only sparingly participated in the rally.

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