On Friday the US market closed mixed as the early excitement over the better than expected US jobs report started to dwindle away. The NASDAQ closed in the red as Apple and Zynga shares pulled the index lower. Metal prices lost ground and concern over European growth added to the pain.
Another Nokia Lumia will become exclusive for AT&T in US. The Nokia Lumia 920 will run on Windows Phone 8, Microsoft's upcoming software release for PC.
LG announced the addition of 3D video game platform to its Smart TV app offerings. To be released in the later part of 2012, it features primarily family-friendly games in both 2D and 3D in genres including action/adventure, RPGs, puzzle games, sports, and more. User can browse or search for games as well as purchase and play them through the TV's interface which looks like any app store. Owners can use either the LG Magic Remote or any third party game controller.
Longtime readers of my investment letter, Mayer's Special Situations, are well aware of my affinity for investing alongside insiders.
The stock market will not remain in its current tranquil state. Investors will soon be roused from their blissful trance.
We think it's pretty safe to say that share prices will never go down again. The Bernank, the Drag and the Steve have you covered. They have a simple solution for all the world's ills.
A study for ANZ Bank conducted by Newspoll found that many Australians favour the use of new but difficult to cheat technologies to access their bank accounts. In lieu of plastic cards used to withdraw money from ATMs, they would prefer retina or fingerprint scanning technology.
Those monks from St Dogmael's Abbey understood wealth better than your financial advisor. They lived near the river Teifi in England 1000 years ago. And were faced with two problems. They had to feed a bunch of monks with fish, because that was the only meat they were allowed to eat.
Several major Chinese banks have pulled from annual meetings of the International Monetary Fund (IMF) and World Bank to be held in Tokyo next week, claimed a report by the Wall Street Journal on Tuesday, with the territorial dispute between China and Japan now threatening to spill onto the global arena.
A recent French study demonstrating links between Monsanto's NK603 genetically modified (GM) corn and cancer in rats has been found to be of "insufficient scientific quality" by the European Food Safety Authority (EFSA)
Fundamental Update: NFP breakdownBy Kathleen Brooks, Research Director UK EMEA, FOREX.comThe September labour market data was released on Friday.
Coca Cola Amatil's latest shareholder report has revealed improved trading in the second quarter of 2012, resulting in a 5.6 % growth in net profit to $247.1 Million.
The European Central Bank is being speculated to put a hold on the ECB interest rates as it meets on the 5th of October to provide time for newer details in order to better the conditions of the eurozone economy as Spain asks for aid from them.
The Australian sharemarket improved for the seventh straight day today, rising by 2.5 per cent over the past five sessions alone. This is the longest winning streak in over 18 months and the best weekly performance for local equities since late July. Despite the gains, this has been one of the quieter weeks of the year due to a number of public holidays across Asia Pacific. The Chinese markets have been closed for five days straight but should resume trade next week. The market has also been qui...
Four days after the Reserve Bank of Australia (RBA) reduced by 25 basis points the overnight cash rate to 3.25 per cent, two members of the big four announced rate cuts on Friday.
Three years ago, the best treasurer in the world, Wayne Swan, described the then 3% level of official interest rates as '50-year emergency lows'. Now we're approaching these levels again. Is the long emergency back?
A new book on the late Apple co-founder Steve Jobs is slated for publication on 2013 and will be written by his high school love interest, The New York Times reported on Thursday.
The Australian share market started off slightly stronger again today and by lunchtime the All Ordinaries Index (XAO) had rallied 30points higher to 4,450 points, as the reversal in the US$ oil price overnight and strength in the retail sector boosted stocks. The XAO set to close higher for the seventh straight day.
Samsung Electronics is expected to hit an operating profit of $US6.8 billion for the September 2012 quarter, likely boosting its income by about 77 per cent in the past 12 months ending in the period.
Pitting the Nokia Lumia 920 against Motorola’s Droid RAZR HD will practically lead into a fierce combat, actually a proxy war for two tech giants that have been at each other’s neck for the longest time.
The Australian Dollar opens marginally higher today at 1.0230. The case for Tuesday’s 25 basis point cut to the official cash rate was underpinned after yesterday’s sluggish retail sales data which showed only a modest increase of 0.2 per cent for the month of August.
By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
By Peter Switzer, Switzer Super ReportI expected a nice result for stocks last quarter based on the European Central Bank (ECB) pulling off a big play ? it delivered!My prediction was also based on an expectation that the QE3 stimulus package in the United States would come if needed, and Ben Bernan...
Free train rides would be offered to rail commuters in 2013 when two major lines and the Adelaide Railway Station close for upgrading and prepare for electrification.
With global commodity prices of iron ore and coal at record-low levels, mining giant Rio Tinto (ASX: RIO) has apparently forayed into the agriculture to seek other sources of income outside the once very profitable resources sector.
By Greg PeelThe Dow rose 80 points, or 0.6%, while the S&P gained 0.7% to 1461 and the Nasdaq added 0.
The Australian sharemarket improved for the sixth consecutive day, with the All Ordinaries Index (XAO) rising by 0.3 per cent or 13.8 pts to 4472.6. While this perhaps doesn't sound overly impressive, it is the best winning streak for the local market since December 2011. The gains haven't been backed by a rise in volume though, with investors still shying away from truly diving headfirst into equities.
Microsoft announced on Wednesday that Javascript was developed with complex applications and at the same time made available a new plugin for Visual Studio. The plugin, known as Typescript, will make Javascript more user friendly for newbies who want to create large-scale web applications.
Sales of newly purchased vehicles in Australia jumped 9 per cent in September, an indication that consumers prefer to spend their money on high-ticket yet essential items compared to lower-priced yet unnecessary items such as probably those sold in retail sales.
Hotels in Australia will soon be transporting guests in electric-charged service vehicles.
