BUSINESS

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%
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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.

2013 Papal Conclave: ‘From the New Pope, We Simply Expect Courage’

In the midst of the sexual abuse crisis now hounding the Roman Catholic church which ironically is in its most critical period in selecting the new pope, believers of the faith say it is not enough that the highly anticipated new leader is just plain spiritual or has charisma to convert bigots into the secular religion.

Australian Stock Market Report – Midday 2/27/2013

The Australian share market has rebounded from yesterday's drop triggered by concerns over Italy's political gridlock. Positive US economic data and assurances by the Fed chairman has given the local market a lift. By midday, the All Ordinaries index (XAO) is up 0.52pct or 25.9pts to 5047.7pts.

Pope Resigns 2013: Outgoing Benedict XVI Gets To Maintain Three Titles After Abdication and His Last Few Hours

During his term as spiritual leader of the Roman Catholic church, he was merely known as Pope Benedict XVI. But on Feb. 28 at 8:00 p.m., once his resignation and abdication becomes official, the former Cardinal Joseph Ratzinger will get to maintain and be conferred three titles by the Vatican: His Holiness Benedict XVI, Pope Emeritus or Roman Pontiff Emeritus.

iPhone Tops Reliability Survey, Better than Android Phones

Android phone manufacturers Samsung, HTC, Motorola, and Windows Mobile lead runner Nokia still are no match to Apple's iPhone when it comes to reliability, a survey says. A report from FixYa showed the loyalty of many smartphone users that made the iPhone beat other top-of-the-line units such as Samsung Galaxy S3 and Nokia Lumia 920 when it comes to function and ecosystem.

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