BUSINESS

Markets: Bad Week All Round, More Ahead

According to Bloomberg, last week was the worst Thanksgiving week for US markets since 1932, when the Depression deepening after a string of bank collapses sent economies around the world plunging into a deep freeze.
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Uranium And The French Threat

By Greg PeelDue to the Thanksgiving holiday weekend in the US, industry consultant TradeTech did not publish its usual weekly update on uranium spot market activity other than to note a US50c drop in the consultant's spot price indicator to US$52.
Admin System Nov 29, 2011

World Markets Overview 11/29/2011

U.S. stocks rose as euro-zone leaders negotiated a new pact to stem Europe's sovereign-debt crisis and a strong start to the holiday shopping season helped boost the retail sector.
Lawrence Villamar Nov 29, 2011

Australian Stock Market Report - Morning 11/29/2011

US new home sales rose by 1.3pct in October - marking the fastest pace of growth in five months. The supply of new homes on the market eased modestly from 6.4 to 6.3 months supply. The Dallas Fed Manufacturing Index rose from 2.3 to 3.2 in November.
Lawrence Villamar Nov 29, 2011

Citi Not Joining The Crowd On OrotonGroup

- Citi initiates on Oroton With Neutral rating- Stockbroker sees stock as fair value at present- Asia offers upside potential but some time away- Only non-Buy recommendation in FNArena databaseBy Chris ShawPrior to today, luxury goods retailer OrotonGroup ((ORL)) was rated as a Buy by all four broke...
Admin System Nov 29, 2011

The Overnight Report: All Talk

By Greg PeelThe Dow rose 291 points or 2.6% while the S&P added 2.9% to 1192 and the Nasdaq jumped 3.5%.
Admin System Nov 29, 2011

Mining Firm Mindoro Resources Raises C$1.2 Million in Financing

Mindoro Resources Ltd (TSX VENTURE: MIO) (ASX: MDO) (FRANKFURT:WKN 906167) announced that it has received commitments for C$1.2 million in Australia under its Private Placement which was announced on 22 November 2011. Trading of the Company's CDIs on the ASX will re-commence today. The Lead Manager of the Australian component of the Private Placement is DJ Carmichael Pty Ltd based in Perth.
Christine Gaylican Nov 28, 2011

How to Maximise Your Android Smartphone

Owning an Android smartphone provides advantage to its owners because of the advanced features on the device such as applications to view all of email accounts in one page or social networking sites.
Vittorio Hernandez Nov 28, 2011

Campbell Soup Maker Hits Recessionary Mindset of Aussies

The cost-cutting measures initiated by Australians are affecting the bottomline of manufacturers. One of the food producers, Campbell Soup, admitted being hit by the weak consumer environment in Australia.
Vittorio Hernandez Nov 28, 2011

NSW Floods Isolate 2 Towns, Drowns Boy

Floods triggered by heavy rains have isolated two towns in northern New South Wales and swept away a boy leading to his death.
Windsor Genova Nov 28, 2011

Woodside Disappoints

- Woodside guidance disappoints on production, capex- Stockbrokers lower forecasts, price targets- Confidence in management shaken says BA-ML- Buy ratings still dominateBy Chris ShawWoodside Petroleum ((WPL)) held its annual investor update last Friday and the news with respect to production guidanc...
Admin System Nov 28, 2011

China’s Falling House Prices

The Chinese authorities have succeeded in making good on their promise to lower property prices, but this bid to make housing affordable for the greater half of the Chinese population mightprove particularly costly for the Chinese economy as a whole.
Jamelle Agbuis Nov 25, 2011

NBN Co: National Broadband is Rolling Out Fine

The National Broadband Network (NBN) roll out is heading the right direction, according to NBN Co chief executive Mike Quigley and more will be accomplished once its $11 billion deal with Telstra Corporation gains approval from the competition watchdog.
Erik Pineda Nov 25, 2011

No Christmas Carols for Aussie Retailers This Holiday Season

Despite the cut in cash rate implemented by the central bank this November, Australian retailers are far from being optimistic as key players reported of discouraging numbers that are at best, descriptive of challenging trading situations.
Erik Pineda Nov 25, 2011

Report: Round 2 of Likely Microsoft-Yahoo Merger Emerges

Reports have emerged that Microsoft has rediscovered its interest on ailing search engine firm Yahoo, with tech news site Digital Trends confirming on Thursday that the two entities have agreed to commence preliminary procedures toward a possible deal.
Erik Pineda Nov 25, 2011

Bank of Melbourne Opens BDM Access

Bank of Melbourne has expanded its BDM access in a move tipped by its new head of broker, Clive Kirkpatrick.
Jamelle Agbuis Nov 25, 2011

The World: Europe’s Slide Accelerating

The federal government plans to carve billions of dollars from spending in next week's mid year review to achieve a budget surplus in 2012-13 financial year.
Jamelle Agbuis Nov 25, 2011

Peter Switzer: A Market Outlook

by Peter Switzer, Switzer Super ReportThe predicament we investors find ourselves in is reminiscent of Woody Allen's take on the Cold War where the threat then was a nuclear war.
Admin System Nov 25, 2011

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