BUSINESS

Australian Stock Market Report – Afternoon 3/1/2013

The local share market battled calendar headwinds today stemming from the end of week and the start of a new month. The ASX200 fell 0.35 per cent to 5086; the All Ordinaries index slipped 0.38 per cent to 5100.9 points. A consistent theme for the local market this year has been the willingness of investors to support the market in the face of weakness. This remained the case on Friday. Almost $6 billion shares were traded during the session. There were just over 2 billion transactions, 416 stock...
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China's Dire Need To Urbanise

By Andrew NelsonIf China ever had an economic golden age, it was the 2000s. The poor moved to the cities, the cities sprung up like grass, the infrastructure reached many that were left in the hinterlands, millions were lifted out of virtual serfdom and per-capita GDP just about quadrupled.

A Bout Of Indigestion

By Peter Switzer, Switzer Super ReportWas Friday's market comeback of 38 points, after the 2.3% loss on Thursday, one of those sucker's rallies? Are we ripe for a pullback and is the US expert Dennis Gartman right when he tips a 7% slump in stocks is on the cards?Right now I am as popular ...

Australian Stocks: What Happened Today?

The analyst principally responsible for the production of this research report is: Howard Humphreys, Director & Lead Research Analyst, Seismic ResearchAsian stocks mixed ahead of U.

Australian Stock Market Report – Afternoon 2/28/2013

The tone of global investment markets has continued to improve in the last day. Concern about the Italian political landscape has continued to ease. Investor support at an Italian bond auction overnight led to a better atmosphere amongst European participants.In the US, figures released continued to paint an encouraging picture of the US housing market with pending home sales rising 4.5% last month compared to an expected increase of 1.0%

Android 4.1.2 Update for LG Optimus G: A Do-it- Yourself Guide

The latest version of Android 4.2.2 Jelly Bean has been recently released by Google and the Nexus device lineup would be the first to feel a new experience. Many Android devices are still not up-to-date including those from the LG lineup such as LG Optimus G. In October 2012, LG made a press release about the Jelly Bean update for Optimus G supposedly available two months after the announcement.

2013 Pope Resigns: Camarlengo Takes Over Business Inside Vatican (PHOTOS)

At 1900 GMT on Thursday, Feb. 28, the secular faith Roman Catholic Church enters a period known as "Sede Vacante" or Vacant See. Immediately, a senior cardinal, who will be referred as "camerlengo" or chamberlain, temporarily takes over interim powers of the Catholic Church until such time a new pope is elected.

Australian Stock Market Report – Midday 2/28/2013

The local sharemarket has opened higher today after upbeat economic data in the US lifted investor sentiment and better than expected bond auctions in Italy saw European markets rebound. At noon, the All Ordinaries Index (XAO) is up 34.6pts to 5087.7pts.

Apple May Lose Most Admired Company Tag as Share Prices Plummet 37%

Apple Chief Executive Officer Tim Cook admitted to shareholders at the company's yearly meeting on Wednesday that he didn't like the downward trajectory of the company's share prices. He was responding to alarm by shareholders that Apple stocks are down 37 per cent since September 2012.

Oil To Move Lower

By Jonathan BarrattWe have seen a break below US95.70 (West Texas Intermediate) from two weeks ago and this has culminated in a move lower for the commodity.

AGL Powers On

-Solid interim result-Competitor beat in retail-Limited discounting a plus-Loy Yang A robust contributionBy Eva BrocklehurstBrokers gave AGL Energy ((AGK)) the thumbs up after the interim results.

Australian Stock Market Report – Afternoon 2/27/2013

At the close of local trade the ASX200 had gained 0.66 per cent to 5036, the All Ordinaries index had gained 0.62 per cent to 5033. Value remained strong, there were 2.1 bln transactions which gave rise to $4.5bln shares changing hands. 529 stocks ended the day higher, 454 ended in the red and 381 were unchanged.

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