BUSINESS

Australian Stock Market Report – Midday 2/7/2013

The Australian sharemarket kicked the session off in the red for the third time this week, however is managing to recover at lunch. The All Ordinaries Index (XAO) is up by 0.1 per cent or 3.9 pts to 4944.4. A number of the largest companies on the local market have issued their profit numbers this morning.

British Petroleum Reports Declining Profits

British Petroleum Plc posted a 72 percent slump in the fourth fiscal quarter profits as the company had to pay a heavy fine and restructuring charges regarding the Deepwater Horizon oil spill. Also a fall in the production of oil and gas led to weak fourth quarter profits.

Get Out of the Stock Market – and Into This

Never was working-class Baltimore happier with its lot in life. Neighbors greeted each other with a smile. Co-workers exchanged stories...laughed...and slapped each other on the backs.
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Bestselling Online Deals from Dell as Company Returns to Private Owners

Dell is taking a tough road this year as it goes private with a $24.4 billion deal. The founder of the computer company, Michael Dell, in partnership with Silver Lake, made a striking deal to take back Dell in the biggest buyback in history since the 2008 global financial crisis.

ASUS VivoTab vs Lenovo IdeaPad Yoga 11

The tech world is beginning to shift from desktop computer units to notebooks which can be used as a computer and a tablet featuring Windows 8 and touchscreen capabilities.

Gold Set For A Break-Out?

By Jonathan BarrattGold looks to be in tight range; it feels as if it is been torn between those looking for the inflation hedge and continuing CB activity against those expecting it to come under pressure as a result of "risk" coming off the table.

The Overnight Report: Kamikaze Yen

By Greg PeelThe Dow closed up 7 points, while the S&P was flat at 1512 and the Nasdaq lost 0.1%.It was interesting to note the market reaction on Bridge Street to yesterday's weak December retail sales number (down 0.

Australian Stock Market Report – Afternoon 2/6/2013

The Australian share market rallied today, fighting back after two days of losses and in response to a stellar session on US and European markets. The Dow Jones Index climbed back above 14,000pts overnight while all 10 S&P sectors were higher.

Japan, Brazil Listed Among Top 10 Emerging Destinations for Aussie Travellers

With the purchasing power of the Australian dollar going strong, Aussie folks may want to pause and plan where to do their overseas travel to experience their money's worth. They may actually be surprised that they can already afford to travel to Japan, Brazil, South Africa, Indonesia and Argentina.

Australian Stock Market Report – Midday 2/6/2013

The Australian sharemarket is back in the black following two straight sessions of weakness. The All Ordinaries Index (XAO) is up 0.8 per cent or 40.6 pts to 4943.2. This is the 12th time in 15 sessions that local shares are improving.

Japan Airlines Raised Earning Estimates

On the 4th of February, Japan Airlines informed that it raised the operating profit forecast to 163 billion yen from analysts' expectations of around 140 billion yen. Despite sluggish fourth quarter earnings, the airline the airline decided to raise the forecast slightly more than 15 percent as demand for the European and American routes climbed.

Nokia Lumia with 41MP Camera Sensor

The Nokia Lumia 920 has been recognised as one of the most innovative smartphones in 2012 and included to that recognition is the camera capability installed on the device. While it may be a great when it comes to snapshots and video recording, Nokia Lumia 920 will not suffice aspiring photographers due to its low megapixel rate.

BlackBerry Z10 vs. Nokia Lumia 920

Early reports said supply channels in the United Kingdom have shown a good start for sales of BlackBerry Z10 and most of the shops selling the device end up with "limited stocks remaining."

China And The End Of Extrapolation

By George Magnus, economic advisor to UBS Investment BankIn 2013, China is at an important crossroads in its economic development.

BlackBerry 10 OS to Support Android 4.1 Jellybean

In the future, BlackBerry 10 will eventually support application from the Android OS. This is one of the major features of BlackBerry 10 which gives access to more applications than what it should only have. Although it is good news that Blackberry can now support Android apps, the implementation is not that amazing since the Android-based version to be used in BlackBerry is almost 2 years old.

Michael Dell Buys Back Company for $24.4 B

Financially challenged computer manufacturer Dell is selling the company to its former owner and other investors for $24.4 billion. Dell announced on Tuesday night that it has reached a complex agreement that would allow the company founder, Michael Dell, to buyback the company

Questions Mount Over Cochlear's Top Status

-Cochlear facing some competition-Brokers prefer ResMed-More Sell ratings-China tender the main positiveBy Eva BrocklehurstCochlear ((COH)), at the top of the market for hearing implants, is getting some push and shove.

Australian Stock Market Report – Afternoon 2/5/2013

The last 24 hours has provided some perspective for global stock indices which have rallied substantially since the end of last year. Corruption allegations levelled at the Spanish Prime Minister Rajoy roiled European markets. Additionally, Italy's former Prime Minister Berlusconi has gained ground in the polls ahead of elections this month. Mr Berlusconi has been campaigning a platform of rolling back current austerity policies.

Australian Stock Market Report – Midday 2/5/2013

Local stocks are trading in the red at lunchtime in the East, following falls on European and US markets overnight due to political concern in Europe. The Dow Jones Index suffered a triple digit loss, after climbing above the 14,000pt level on Friday for the first time in five years.

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