BUSINESS

Australian Stock Market Report – Midday 1/22/2013

The Australian sharemarket continues to improve and is up for the fifth consecutive session. The All Ordinaries Index (XAO) is up 0.2 per cent or 11.7 pts to 4813.9. Shares have improved by around 3 per cent so far in 2013, which is not quite as strong as this time last year. Over the first 3 weeks of 2012, the local market had gained 4.5 per cent.
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Fonblet: Samsung’s 5.8-inch Phone with Two SIMs

Samsung seems to be full of surprises packed with many new devices this 2013. Before, the question was "Is it a phone, a tablet?" but this time it is "What is it that is sort of a phone and sort of a tablet?" Well, the answer would be Fonblet.

Forecast: Iron Ore Prices to Average $130 in 2013, $90 in 2015

Australia's mining sector appears to have rejoiced too soon in the partial recovery of iron ore price in the global market. With the commodity reaching $138.50 at the start of 2013 from a low of $89 a tonne in 2012, miners such as Rio Tinto had planned production boosts.

Paladin As A Uranium Price Barometer

By Andrew NelsonLast week Paladin ((PDN)) reported its quarterly results and while they were broadly well received, with production and sales levels strong, brokers remain universally concerned about the direction of the underlying uranium price, which has become the main driver to which broker reco...

Australian Stock Market Report – Midday 1/21/2013

Following a strong week for the local market, local shares were off to a positive start this morning. At lunch however, the All Ordinaries Index (XAO) is largely flat, down just 0.05 per cent or 2.2 pts to 4792.5. The XAO is one of the most popular ways for investors to measure Australian sharemarket performance. The local market rose by 1.3 per cent last week and rose on four occasions.

Best Image Representation of HTC M7 So Far Leaked Anew

Will HTC really unbox the M7 anytime soon? Another image leak, purportedly “an accurate depiction of the HTC M7,” just came out, again driving up speculations that the One X/Droid DNA replacement is set for a Q1 2013 market debut.

Tax Relief Granted for 90% of North Sea Developments

According to a Deloitte's study issued on the 18th of January, over 90 percent of the North Sea developments in 2012 were granted tax relief. Tax breaks, which have been recently introduced, are expected to encourage investors to engage more in the North Sea, the British oil province.

Java 7 Update 11 Vulnerable; How to Disable Java in Browsers

Java fault-finder Adam Gowdiak found a vulnerability to the Java 7 update 11 and claims that Oracle should "bring security research to the new level." The Oracle's most recent patch shows vulnerability to hackers which may affect users without their knowledge that their computers or mobile devices are being hacked or penetrated by another individual.

Facebook App Gains Voice Messaging Feature

Facebook recently got an update and it features Voice Messaging in its app for Android. The users can expect full support for voice messages and faster image rendering. Facebook users can also share their friends' stories directly on their own timelines which before was exclusive to the desktop version.

Disney CEO Robert Iger gets 20% Increase

According to a regulatory filing released on the 18th of January, Robert Iger, chief executive officer at Walt Disney Co., collected about $40,2 million compensation for 2012, a 20 percent increase from a year earlier as the entertainment giant reported high revenue, net come as well as earnings per share in the period.

Question Of Sustainability Dulls Alacer Gold

-Production solid in Dec quarter-Questions remain over Copler plans-Divestment still probableBy Eva BrocklehurstMid tier gold producer Alacer Gold ((AQG)) delivered a firm finish to a challenging year.

Tax Issues Fog Sydney Airport

-Lack of clarity until tax resolved-Traffic growth solid-Stock still attractiveBy Eva BrocklehurstSydney Airport ((SYD)) is unlikely to find clear air until its tax issues are resolved.

Australian Stock Market Report – Afternoon 1/18/2013

One of the main points to emerge this week has been the almost surprisingly constructive tone of the market. In recent days the index has been moving higher whilst volumes have been increasing, indicating a higher level of investor participation. At face value it appears as though investors are prepared to accept the higher prices on offer. One of the questions to keep front of mind in coming weeks will be whether or not this price acceptance remains in place in the event of any weakness.

Australian Stock Market Report – Midday 1/18/2013

The Australian sharemarket is improving for the fourth time this week, with the All Ordinaries Index (XAO) up 0.3 per cent or 12.8 pts to 4792.5. Over the past five sessions, the market has improved by around 1.5 per cent. Almost all sectors are high, with the exception of the utilities and the consumer staples. At first glance, the quarterly economic growth reading out of China came in a little better than expected, with the Chinese economy growing by 7.9 per cent over the past year.

Twins Sibling Rivalry Starts as Early Inside the Womb! [VIDEO]

When most, if not all, parents thought that sibling rivalry occurs only at stages when their children, most specially twins, get to understand the concept, a video research conducted by London doctors on twins showed the fight for supremacy starts early from inside the womb.

IMF Approves €839m Loan for Portugal

The International Monetary Fund informed that it approved the next loan tranche of approximately €839 million for Portugal under the country's €78 billion international bailout.

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