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Australian Stock Market Report – Afternoon 4-19-13

The Australian share market made a modest gain today, in a week in which investor sentiment was impacted by a sharp sell-down in the gold price, worries about Chinese economic growth and a downgrade for global growth from the International Monetary Fund. The All Ordinaries Index (XAO) added 0.2% today, but was down 1.9% on the week.

Australian Stock Market Report –Midday 4-19-13

The Australian sharemarket is partly making up for the worst day in a month for local shares yesterday. At the close of business on Thursday, the mining sector was having its worst week since September 2011, with the miners down 9 per cent over just four sessions. The All Ordinaries Index (XAO) is up 0.2 per cent or 10.1 pts to 4,921.4.

Which is Samsung’s Biggest Competitor Now: LG or Apple?

With Apple's share prices down to less than $400 from a peak of $700 more than a year ago, it appears that South Korean tech giant has written off the California-based firm as its main competitor. It appears that the Samsung vs Apple rivalry, which has reached courts in different continents, would soon become history.
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The Bond Bubble And The Great Rotation

by Marc Lichtenfeld, Investment U Senior AnalystLast Friday, John Waggoner wrote in USA Today that he didn't believe Treasuries were in a "bubble.

Is This the Case of the Rumoured Low-Cost iPhone?

A photo leaked by case manufacturer Tactus, published by NetworkWorld, further fueled speculations of a low-cost iPhone. It showed a plastic shell, which is consistent with previous rumours about the upcoming device.

Dish Makes Surprising $25bn Offer for Troubled Sprint

Certainly, the Dish Network's rival bid for Sprint Nextel Corp. was a big surprise for SoftBank Corp. which thought that its offer was a safe bet. Everything indicates that we might see a steadily growing escalation of a competition between SoftBank Corp. and Dish Network Corp.

Australian Stock Market Report – Afternoon 4-18-13

An afternoon of accelerated selling on rising volumes saw local stocks end with a substantial loss. Investors remain concerned about the outlook for commodity prices in the face of rising supply and falling demand against a backdrop of a weakening global growth pulse. Bringing a sharper focus to these concerns in the last 24 hours has been the head of the German central bank who warned that the European recovery may take up to a decade. These themes drove the aggressive selling seen for mining s...

South Korea Reveals $15bn Extra Budget to Back Slowing Economy

After much anticipation, South Korea informed that it had prepared a 17.3 trillion won ($15.4 billion) extra budget aimed at spurring its recently fragile economy. Indeed, the Asia's fourth economy has lately witnessed a slowdown in its economy due to the weakness of yen and escalating North Korean threats. All recent initiatives of the South Korean government are designed to boost the country's economy and support its exporters.

Australian Stock Market Report –Midday 4-18-13

Yesterday's brief reprieve for the Australian market was short-lived, with the All Ordinaries Index (XAO) down 0.7 per cent at lunch. This is the third session of falls this week, with the mining sector the major industry to blame.

Samsung Rolls Out 85-Inch Ultra-High Definition TV With Aussie Accent

South Korean tech giant Samsung literally rolled out the gigantic 85-inch ultra-high definition TV on Wednesday night in Sydney. The $40,000 device, soon to be available in retail outlets in Australian this month, features an Australian accent.

Victoria State Teachers Finally Clinch Pay Rise After 18 Months

After 18 long months, state teachers at Victoria have finally clinched a deal with the government, entitling them to a pay rise of between 16.1 to 20.5 per cent over three years. About 45,000 state teachers are expected to benefit.

M2 Telecommunications: For And Against

-CIMB doesn't like recent acquisitions-Macquarie isn't sure-Citi has some reservations-Moelis sees share price upsideBy Andrew NelsonM2 Telecommunications ((MTU)) looks like a real puzzler as far as analyst perception goes.

Australian Stocks: What Happened Today?

By Ashley Jessen, director of LearnCFDs.com and author of CFDs Made SimpleWeak leads from overseas markets provided a gloomy start to the day and, despite a minor blip to the upside on open, our market gathered momentum in only one direction and that was down.

Australian Stock Market Report – Afternoon 4-17-13

The local stock market has closed above the 5000 mark, albeit by a modest margin, after several days of commodity induced weakness. The ASX200 rose by one per cent, although mining and energy stocks remained on the outer with investors, being the only 2 sectors to end the session in the red.

Australian Stock Market Report –Midday 4-17-13

The Australian market is edging higher by 0.8 per cent after the initial concerns relating to the Boston marathon bomb attacks have largely subsided. The mining and energy sectors are sliding modestly, while all other regions of the market are improving. The psychologically important 5000.0 is being tested (for both the ASX200 and the All Ords).

Quantifornication And The American Spring

By Richard (Rick Mills), Ahead of the HerdAs a general rule, the most successful man in life is the man who has the best information Ironic isn't it? A record number of people on food stamps yet new highs for stock indices.

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