Result Page 171 for Latest Business News & Archive

The Overnight Report: Weaker Data, Stronger Market

By Greg PeelThe Dow closed up 60 points, or 0.4%, while the S&P gained 0.5% to 1658 and the Nasdaq added 0.

Australian Stock Market Report – Afternoon 5/15/13

Sellers got the upper hand in the post Federal Budget session on Wednesday. The weaker tone was primarily derived from big picture matters driving global markets at present, rather than a response to the budget. Some have associated the drop in the Aussie dollar in the last day to the larger than expected deficit in the budget.

Bird Flu Drags Down Badminton Apparel, Food Sales

China now has at least two subtypes of the Influenza A viruses lurking and circulating around its perimeters. And as more members of the poultry and fowls industry get culled, not only food sales get affected but also sales of badminton's shuttlecocks and apparel's down jackets.

New Australian Home Buyers Aren’t Convinced

The key to blowing up a successful asset bubble is that you must constantly attract new money into the asset class you're trying to inflate. By that standard, yesterday's Australia's housing finance figures were better than expected but worse than required. The numbers were up. But new home buyers have not yet been bullied into the market by lower rates.

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European Retailers Speak with One Voice on Bringing Safety to Bangladesh

After a tragic construction disaster in Bangladesh, European retailers, including H&M and Wal-Mart, signed the Bangladesh safety accord which will introduce measures aimed at boosting safety conditions in garment factories, taking a step to securing lives of workers. Undeniably, unions had a big part in pushing the European retailers to take action in improving workplace safety at Bangladeshi garment facilities.

SARS-Like Virus: Hospital Health Workers Among Those Infected in Saudi Arabia’s Six New Cases

On Tuesday, Saudi Arabia added six new cases of the SARS-like novel coronavirus in its Eastern Province, where two of those infected were hospital healthcare workers, immediately creating anxieties that hospitals are no longer even safe places to go to in times of medical distress.

The Short Report

Guide:The Short Report draws upon data provided by the Australian Securities & Investment Commission (ASIC) to highlight significant weekly and monthly moves in short positions registered on stocks listed on the Australian Securities Exchange (ASX).

The Overnight Report: Running On Adrenalin

By Greg PeelThe Dow rose 123 points, or 0.8%, while the S&P gained 1.0% to 1650 and the Nasdaq added 0.

Australian Stocks: What Happened Today? (Hogan)

By Stephen Hogan, Senior Private Client Adviser, Equities/DerivativesAustralian MarketThe Australian market (XJO) closed down -29.

Australian Stock Market Report – Afternoon 5/14/13

For a second day local stocks ended higher with a small yet unconvincing gain. Whilst the Federal Budget dominates the national media discussion at present, the reality is that the impact on prices will likely be modest if at all.

One Way to Protect Yourself from a Falling Australian Dollar

Will the state of federal finances have any effect on the battling Australian dollar? A Friday article by Fed mouthpiece John Hilsenrath in the Wall Street Journal floated the idea that the Fed is looking for ways to wind down its $85 billion per month in QE in a way that doesn’t crash stocks or disrupt order in the financial markets.

HSBC on Restructuring Spree

The restructuring spree of HSBC Holdings Plc is likely to continue as the European bank aims to improve its performance. It is widely speculated that HSBC CEO Stuart Gulliver will inform about further downsizing and sales of some assets on the 15th of May. Investors expect to hear that a 3-year restructuring plan has started bearing fruits.

Nissan Enjoys Net Profit Growth of 46% in Q4

Nissan Motor Co. surprised with it net profit growth of staggering 46.1 percent for the fourth quarter. But the fact is that the Japan's carmaker did not show off its annual profit which was simply plane, compared to its home rivals. Certainly, the weakening yen significantly helped Nissan Motor Co. and other Japan's companies enjoy stronger performance.

Australian Stock Market Report – Midday 5/14/13

Australian shares are slightly firmer at lunchtime in the East, following a mixed offshore lead and ahead of the release of the Federal Budget in Canberra tonight.

France Targets To Tax Apple’s iPads, iPhones To Fund Its Cultural Passion

France, a nation where people mostly spend their free time visiting museums and attending art events, wants to tax smartphones and tablets manufacturers, specifically Apple, to fund its cultural passion.

Galaxy S3, Galaxy S4 & More to Get Android 5.0 Key Lime Pie; New Nexus 7 Runs Android 4.3 Jelly Bean

Android 4.3 Jelly Bean and Android 5.0 Key Lime Pie may be launched on the same year and eventually be pushed to several devices. Android 4.3 is speculated to appear in Google I/O event with the New Nexus 7 running it and Android 5.0 for several Galaxy devices including Galaxy S3, S4 and Note 2.

Bangladesh Factory Collapse: Zara, H&M, Western Clothing Retailers 'Awaken', Sign Factory Safety Upgrade Agreement

Three weeks after and more than 1,000 lives lost, Bangladesh's more than three million garments workers scored a victory when major international clothing retailers such as Zara and H&M, among others, agreed to fund safety upgrades in the country's factories where they source their products.

Google (GOOG) Stock Price Watch: How Google Is Establishing Tech Leadership With Stake in Peer-to-Peer Lending

Google's continuous introduction of several revenue sourcing ideas bodes well for the company's valued shareholders. Already analysts are predicting a thousand dollars per share by next year and are advising to buy in now while stocks are still relatively low.

How To Invest For An Uncertain Financial Future

By Alexander Green, Investment U Chief Investment StrategistIn Friday's column, I laid out what I believe is the greatest threat facing financial markets today: the propensity of national governments to tax, spend and regulate too much.

Uranium Sellers Holding Firm

By Andrew NelsonThe spot uranium market crawled along last week, with a handful of trades and a fairly small amount of product changing hands.

The Overnight Report: In Through The Out Door

By Greg PeelThe Dow closed down 26 points, or 0.2%, while the S&P closed flat at 1633 and the Nasdaq was also as good as flat.

Gina Rinehart Adds Another $100M to Wealth After Winning Rio Tinto (ASX: RIO) Lawsuit

Gina Rinehart, Australia's richest person, just added more money to her wealth. On Friday, she and another female billionaire were awarded $200 million after they won a lawsuit against Rio Tinto (ASX: RIO).

Australian Stock Market Report – Afternoon 5-13-13

The Australian share market closed only slightly higher on Monday, despite strong gains offshore on Friday night which saw European markets reach five year highs and US markets close at record highs.

Apple (AAPL) Responds: New iPhones to Raise the Bar in Smartphone Race vs Samsung, HTC

Apple has recorded a modest 6.7 growth for the first quarter of 2013 making it the lowest ever level since the iPhone's introduction in 2007. Of the total 216 million global shipments made during the period, 76.6 percent was accounted to Android devices of which Samsung is reportedly the market's top manufacturer.

New SARS-Like Virus: Death Toll in Saudi Arabia Reaches 15

The death toll due to the new SARS-like coronavirus has reached 15 lives in Saudi Arabia. France, on the other hand, has reported its second infection which was believed to have contracted through human-to-human transmission.

Bangladesh to Increase Garment Workers Pay; Factory Building Collapse Death Toll Now More Than 1000

It took factories to collapse and more than 1,000 lives dead before Bangladesh even considered hiking the minimum wage pay of its more than three million garment workers. Too late a hero, skeptics said.

Australian Stock Market Report – Midday 5-13-13

The Australian sharemarket is flat after a slightly weaker start this morning. The All Ordinaries Index (XAO) is down by just 0.3pts to 5,190.8. A fall in the business conditions survey reading has been keeping stocks subdued. Last week however, the local market rose by around 1.68 per cent, making it three straight weeks of improvements.

Nexus 7 2: Next Generation Nexus 7 Running Android 4.3 Jelly Bean Not Android 5.0 Key Lime Pie?

In few more days the Google I/O event will take place and leaks about Android 4.3 Jelly Bean keeps spilling as it kicks out Android 5.0 Key Lime Pie from the picture while the next generation Nexus 7 2 reveals Android 4.3 Jelly Bean and Snapdragon processor with possible debut in the upcoming event.

5 Techie Expectations from Android Key Lime Pie

With just two days to go before Google's I/O developers' conference opens on Wednesday, May 15, all indicators point to a longer wait for Key Lim Pie OS would-be fans.

Iran Earthquake with 6.2 Magnitude Hits: 1 Dead, Aftershocks Continue

Aftershocks continued to rattle the communities and residents of Iran's Bashagard City following the 6.2 magnitude earthquake that struck off Saturday, killing one child and injuring at least 20 others.

SPX500 Forecast To Trade To Further Record Peaks

SPX500 Forecast To Trade To Record PeaksBy David Rodriguez, Quantitative StrategistSPX500 ?Retail CFD speculators are now their most short the SPX500 contract on record, and we see little choice but to take a contrarian bias to crowd sentiment and calls for fresh SPX500 highs.

Xperia S, P, Go Will Not Get Android 4.2 Update? Android 4.1 Ended Life Cycle

Sony announced Android 4.1 Jelly Bean update for Xperia S, Xperia P and Xperia Go rolling out to owners of the three handsets. The update includes several bug fixes and system improvements plus new features from the Android Jelly Bean version. Unfortunately, Xperia S, P, and Go will not go on to Android 4.2 which means their life cycle has finally ended.

Rumour: Galaxy S4 Zoom Phone to Feature 10x Optical Zoom Lens; Samsung Rolls Out Centura, the Straight Talk Phone

Zoom lens in cameras used to be the domain of digicams, not mobile phones. A Russian Web site said over the weekend that South Korean tech firm Samsung is set to release a smartphone with a 10x optical zoom lens.

Weekly Recommendation, Target Price, Earnings Forecast Changes

Guide: The FNArena database tabulates the views of eight major Australian and international stock brokers: BA-Merrill Lynch, CIMB, Citi, Credit Suisse, Deutsche Bank, JP Morgan, Macquarie and UBS.

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