BUSINESS

Value of Fairfax Media Shares Decline 3.5% After Gina Rinehart Threat

The power of Australia's richest woman, Gina Rinehart, was immediately felt by Fairfax Media even before she steps into the company's boardroom. A day after Ms Rinehart threatened to sell her shares of the company, Fairfax shares declined 3.5 per cent and closed at 55 cents.
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Google TV vs Apple TV: Google Partners with Sony for Australia

Sony had just announced that the company would be providing Google TV for Australian customers starting this Thursday. The release of Google TV in the Australian market would mean a direct competition between Google TV and Apple TV thus eventually leading to this question: Is Google TV better than Apple TV?

Big Four Lead List of Profitable Banks in the World

Australia's four largest banks now have less reason not to pass in full to borrowers any future overnight cash rate cuts that the Reserve Bank of Australia (RBA) would make. It is because the latest yearly survey of the Bank for International Settlements have released Tuesday stated that ANZ, Commonwealth Bank, National Australia Bank and Westpac topped the list of profitable banks in the world.

Six Percent Can Draw Gold From The Moon

By Richard (Rick) MillsAhead of the HerdAs a general rule, the most successful man in life is the man who has the best informationAt the start of golden ages golden stories should be toldFollowing many years of net annual sales in the 400 to 500 tonne range, central banks, underweighted in gold and ...

All's Quiet on the Uranium Front

By Andrew NelsonIf things weren't travelling along slowly enough in the uranium spot market, last week saw even less activity according to market consultants TradeTech.

US Equities and Oil May Bounce, But Not Gold

FNArena has added another video to its Investors Education section on the website. This week, ATW's Jerry Simmons sees possible support emerging for US stock future indices (implying strength for equities) and oil, while sounding a cautionary note for gold.

ZTE Launches Android Smartphones with 3D Homescreen

ZTE Corporation recently announced its partnership with Rightware Kanzi UI Solution in order to release a Android 4.0 or Android ICS (Ice Cream Sandwich) smartphones sthat would utilized 3D user interface (UI) technologies.

Windows 8 Tablet Surface: Is It the Best iPad Challenger?

Microsoft has finally entered the tablet market with the release of their tablet called "Surface" which will have the latest OS from Microsoft which is Windows 8. Now that Microsoft has entered the market, will Surface be the best iPad challenger out there?

Australian Stock Market Report – Afternoon 6/25/2012

Local stocks have started the trading week in the red, as investors opt to stay out of the market ahead of a key European Union summit later this week and square their books ahead of the end of the financial year. The All Ordinaries Index (XAO) today lost 21.8pts or 0.5pct to 4072, while the ASX 200 (XJO) lost 20.4pts or 0.5pct to close at 4027.8.

Coalition Eyes Amendment to Qantas Ownership Law

Due to the threat posed by foreign airlines that buy shares of Australian air carriers, the Opposition has suggested amending Qantas's ownership law to achieve a more level playing field for the losing flag carrier.

The Tides of Change

When Einstein laid out the groundwork for Quantum Physics in the early 1900′s everyone was amazed at his theories, but soon after everyone was asking, but how can it be used and how is this applicable to anyone's lives?

On the Trail of the US Housing Recovery

One crisp fall Sunday afternoon under bright blue skies, my wife and I visited five homes up for sale. We remembered them by their street names: Big Acre, Blue Silo, Pontiac, Prairie Rose and Lamont.

Capitalists Who Fear Change

Digital technology is reinventing our whole world, in service of you and me. It's free enterprise on steroids. It's bypassing the gatekeepers and empowering each of us to invent our own civilization for ourselves, according to our own specifications.

ANZ Bank Satisfaction Rating Plummets Due to Break Away from RBA Rate Decisions

ANZ Bank caught the country's banking industry thrice in 2012 after it first went against the Reserve Bank of Australia's (RBA) policy to hike its standard variable mortgage rate when the central bank kept the overnight cash rate on hold. In the second instance, ANZ kept a part of the cash rate cut and slashed the interest rate below the RBA rate reduction.

Why Fairfax Media’s Model Got Old

Nearly 13% of the content in today's Australian Financial Review was about yesterday's big announcement from Fairfax Media Limited (ASX:FXJ). In case you missed it - and if you're a newspaper reader it would have been impossible to miss - Fairfax announced 1,900 job cuts, the creation of a pay wall for on-line content, a strategy to become a 'digital' business (whatever that means), and the closure of printing facilities in Sydney and Melbourne.

The Winds of Change for the Australian Economy

Right now, we have a distant but comfortable view of the global debt crisis. It affects the stock market and your retirement savings. Apart from that there is no discernible impact. But if you look closely there is a lot to discern.

In A Ro-Ro Market: When the Going Gets Tough, Change the Rules

It's just another acronym dreamed up by the market to describe the daily see-saw action in asset prices. Despite the complexity of the market and the millions of signals it throws off, we have managed to distil the daily price action down to either risk on or risk off.

Rare Earths, Lynas And Hastings

By Greg PeelJack Lifton has had more than 50 years experience in the global automotive, heavy equipment, electrical, electronic, mining smelting and refining industries.

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