BUSINESS

The Overnight Report: One Bad Apple

By Greg PeelThe Dow closed up 46, or 0.3%, while the S&P was flat at 1494 and the Nasdaq tanked 0.7%.Rooster one day, feather duster the next.

Australian Stock Market Report – Afternoon 1/24/2013

Consistency has been the by word the the Australian share market this week. The gains have been modest in scale, although the volumes on from time have been surprisingly strong given the holiday period. Today was such a case, with $4.3 billion shares changing hands. From a technical point of view this is quite positive. It highlights the willingness of participants to accept higher prices.
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Google Nexus 4 Sells at Harvey Norman, Videotron for Premium Price

Seemingly unmindful of chronic stock outs since its debut last year, Google’s Nexus 4 is hitting two major retailers in Australia and Canada next week, the development likely in line with LG’s earlier pronouncement that global shipment of the smartphone will normalise beginning in February.

6 Reasons Why Cheaper Android Phones Are Better Buys than Expensive Units

The Android OS has become the world's most popular mobile system platform that it is available to almost any devices and to almost every brand in the market. There are expensive phones which costs a lot offering state-of-the-art technology while other phones are just a quarter of the cost of the expensive unit while providing the Android experience.

Next-Generation Google Nexus 10 @ MWC

Another device is rumored to be on the works and believed to be the next generation of its kind. Google Nexus 10 was released in November 2012 and the next gen is believed to be under development.

After Rio, It’s Now BHP’s Turn to Write Down $4B in Nickel, Aluminium Assets

BHP Billiton (ASX: BHP) seems to be following the footsteps of competitor Rio Tinto (ASX: RIO) in terms of write-downs, firing and commodity production. A week after Rio fired Chief Executive Tom Albanese mainly over the write-down of aluminium assets, BHP said on Thursday that it will likely write off $4 billion of its Australian aluminium and nickel assets by February 2013.

Buru Energy Packs Potential in Canning Basin

- Canning Basin highly prospective- Buru a first mover- Macquarie gets on boardBy Eva BrocklehurstMid cap energy stock, Buru Energy ((BRU)), has entered Macquarie's sights as it strives to make a name in Western Australia's Canning Basin.

Australian Stock Market Report – Afternoon 1/23/2013

Midweek has come and gone for the Australian sharemarket and consolidation remains the dominant theme for local investors. At face value the small improvement for the index appears unimpressive, although the increaseD volume points to investor willingness to support the market at higher levels.

Australian Stock Market Report – Midday 1/23/2013

The Australian sharemarket is higher for the sixth straight session, with the All Ordinaries Index (XAO) up 0.3 per cent or 14.1 pts to 4817.00. This makes it the longest winning streak for local shares in over a month.

End of the World Portents: 8 Top Destinations for Volcano Tourism

Toward the end of 2012, at the peak of speculations if there would be an apocalypse because of the Mayan Calendar prediction, there was global attention on volcanic eruptions. However, instead of fearing these end-of-the-world portents, amid more reports of increased volcanic activities in different parts of the world, crafty tour operators are benefiting from these potential volcanic blasts by promoting volcano tourism.

Western Areas Frustrated By Nickel Price

-Solid quarterly production-Well managed-High quality mines-Nickel price the stumbling blockBy Eva BrocklehurstNickel miner Western Areas ((WSA)) hit all the right notes with the broking community after its solid December quarter production results and evidence of being well managed.

Temple Run 2 Logs 20 Million Plus Downloads in 6 Hours

Temple Run's success led to the release of its sequel, Temple Run 2, in the Apple App Store. The game has been downloaded more than 20 million times since its initial release. It became the number 1 Free App within six hours and third-highest grossing app.

Mozilla Bares Specs Firefox OS Smartphones

Mozilla Foundation has taken the fight to the next level as it previewed two smartphones operating Firefox OS. The company has invited developers for its new open-source mobile operating system that will challenge both Android and iOS.

Australian Stock Market Report – Afternoon 1/22/2013

The market inertia that dominated the start of the week continued for regional markets on Tuesday. The close of trade for the ASX 200 saw only modest gains on similarly modest volume. The atmosphere of inertia in itself is a test for the overall market. Since November last year, the index has rallied in the order of 10%. The end of 2012 has seen investors become less risk averse with hurdles being navigated successfully. It will be worth examining the behaviour of markets in general in the event...

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