Berkshire Hathaway, the investment firm of U.S. billionaire Warren Buffett, purchased $10.7 billion shares in technology giant IBM equivalent to 64 million shares.
Despite estimated cash earnings of $1.75 billion for the first three months of its financial year, the Commonwealth Bank of Australia (CBA) is not very optimistic on its outlook for the months ahead due to the challenging operating conditions.
Highly-touted for its promise of maximum comfort and fuel economy, Boeing’s new 787 Dreamliner lured fresh orders from the Middle East region as Oman Air announced on Monday its decision to purchase six aircrafts from the U.S.-based firm.
- Oil and US equities now strongly correlated- Iran an emerging oil market issue- Suggests higher prices given tight fundamentals- US production growth may become more consistentBy Chris ShawAccording to US Energy Information Administration (EIA) figures, crude oil and the S&P500 Index have had a cl...
FNArena has added another video to its Investors Education section on the website. In this video, ATW's Jerry Simmons explains as to why the outlook has turned bullish for EUR/USD.
By Greg PeelTwo weeks ago the spot uranium market remained fairly quiet but expressions of interest for supply began to be sought by buyers.
Nvidia has said that the chip will be replacing previous chips in tablet devices and now there are also reports that the new chip will be coming to mobile phones as well. HTC is said to be making the first smartphone with a quad-core processor in its upcoming HTC Edge. The new Tegra 3 processor will be better than the Tegra 2 processor that most smartphones use today but should this mean that device manufacturers and developers should jump to the quad-core bandwagon?
Asus released Wednesday their newest addition to their tablet line running on quad-core processor. But questions came up as to the need for tablets to run quad-core, when leading tablets such as Apple iPad and Samsung Galaxy Tab is currently running on dual-core processors.
The relatively new class of laptops called the ultrabooks isn't as crowded as the laptop or tablet markets but it's still another field that Apple has taken the lead in. Apple's MacBook Air is considered as the leading lightweight, ultraportable laptop but that doesn't mean that it's going to stay that way forever. New competitors from Toshiba, Lenovo and now Asus are taking a crack at the title for best ultraportable laptop.
Apple device owners reported that the Apple iOS 5.0.1 update did not resolve the battery issues as promised during its release Thursday. Apple admits in a report that the update failure is on some apple devices only.
Don't keep your hopes high for the replacements of your 1st generation iPod Nano, because it will be replaced with the same unit, just the good ones though, and not the new Nano as some of the consumers wished to receive.
To help you decide you what smartphone is right for you, here's a breakdown of each smartphones features and how they match up against each other.
Steve Jobs' comment to Walter Isaacson in his biography about Apple's television project has sparked much speculation about how Apple would remake television.
FNArena is surveying investor sentiment in Australia in an effort to generate, over time, a similarly leading gauge as the AAII Investor Sentiment Survey in the US.
Although the Australian government is apparently battling an uphill fight over carbon tax, renewable energy and similar issues as the debate gets lively, trends support the Labor government position that the country should shift toward renewables and away from coal.
It was a week of foreign investors snapping up Australian start-up firms. On top of the list is the acquisition by U.S. retail giant Wal-Mart of tech start-up Grapple, which just became a part of Walmart Labs.
There are hundreds of different car security systems on the market designed to deter thieves from stealing your car, or at the very least make it significantly harder.
The ongoing price war among major Australian supermarkets may have brought down grocery costs but many families still struggle in stretching their food budget, the big chunk of which being eaten up by other household bills.
Think the Peel P50 is the smallest car in the world? Guess again.
Adelaide Bank's rebrand won't be 'dancing girls and elephancts', but it will promote broker use, Damian Percy has said.
Heritage Building Society is coupling its rebranding as a bank with widespread mortgage broker distribution.
Most brokers can't believe how simple vanilla commercial lending can be, and may easily be able add this new income stream to their home loan business, it has been claimed.
The ACCC is set to rule this week on a proposed merger that would see CBA acquire a large stake in Mortgage Choice.
Melbourne-based adviser Mark Davis has topped MPA’s Top 100 Broker list after settling a staggering $170m of home loans in 2010/11.
Super fund investments have been battered by inflation movements over the past half-decade, according to the latest assessment report issued over the weekend by superannuation analytic group Superratings.
Toyota Motor Corporation announced over the weekend that it is recalling about 550,000 cars from the market due to steering issues. In Australia, affected by the manufacturer recall are 21,792 Camry V6 vehicles made in Toyota's plant in Altona, Australia.
Resorts World Manila (RWM), a casino, hotel and mall complex beside Manila's international airport, launched its third hotel, the 712-room Remington Hotel, on Friday.
Low investor participation is seeing vacancy rates in Queensland tighten.
Australian shares are expected to start the week higher with the futures market pointing to a 1% gain when trade resumes today.
A non-bank lender has undercut the RBA's rate move, lowering rates on its products by up to 40bps.