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Brokers Beware of Fraudulent Deals

Brokers need to be aware that a client's fraudulent transactions may come back to haunt them under NCCP legislation, according to Genworth Financial.

Analysis: What is Next for Twitter?

With 100 million users at the start of this year, Twitter now faces the challenge and mounting pressure to go public. An analysis of the social networking site's future moves and motives.

Uncertainty Now Surrounds Cochlear

- Cochlear recalls Nucleus 5 implant- Full financial and reputational impact difficult to assess- Brokers cut price targets on lowered earnings assumptions- Ratings also downgradedBy Chris ShawFollowing a limited number of cases where its Nucleus 5 implant has stopped working due to what are believe...

Australian Steelmakers Seek Interest Rate Cuts

Australian steelmakers are seeking a reduction of interest rates and warned that if the Reserve Bank of Australia (RBA) would continue with the current trend, the long-term future of the steel manufacturing industry in the country would be at risk.

Obama's Infrastructure And Jobs Plan

By Richard (Rick) MillsAs a general rule the most successful man in life is the man who has the best informationAccording to the Organization for Economic Co-operation and Development (ODEC) the combined economies of Germany, France and Italy will grow by under one percent this year.

Still Value In Flight Centre

- Solid earnings growth outlook for Flight Centre- Early FY12 trading in line with guidance- Stock offers value according to Moelis- Buy ratings dominate broker viewsBy Chris ShawIn FY11 Flight Centre ((FLT)) delivered earnings per share (EPS) growth of 22%, a result that followed on from better tha...

Global Markets Overview 09/13/2011

It was another volatile session for U.S. stocks, which erased a steep loss late in the day Monday after reports that China may come to the aid of the embattled euro zone.

Union Reveals Suncorp’s Job Offshoring Plan

Thousands of Suncorp employees face a nervous wait as the Queensland based company undertakes a study to determine whether insurance jobs are to be sent offshore, a union claims.

Swatch Group Severs Ties with Tiffany & Co.

The Swatch Group has severed its cooperation contract with Tiffany & Co. for allegedly delaying the development of the business and the company is preparing to file a case seeking compensation for the loss of the planned future business.

Enormous Sales and Huge Tax Breaks, U.S. Video Game Makers Have It All

The United States government grants tax incentives to companies working on medical breakthroughs, urban redevelopment and alternatives to fossil fuels, the results of which could improve lives worldwide. However, the US government also grants tax breaks for the video game industry. Tax analysts are asking, “Why?” In a country that provides tax breaks for a company that created a video game about killing space zombies, tax analysts are baffled, to say the least.

Miss Universe 2011: A Beauty Pageant for Smartphones? [PHOTOS]

The high-end smartphone market has attracted device makers due to its high margins and skyrocketing demand. With tens of smartphone models available today, who will emerge the winner if we send each handset to a contest where their beauty and talent will be judged?

Aussie Retail Sector Gets Boost from Global Players

Weak signals emitted by the general condition in Australia’s retail industry did not prevent key players from achieving higher margins in fiscal year 2011 and the good news is, better quarters are ahead for the sector, according to a new study.

UK Next Up For A Downgrade?

- What exactly is a credit rating?- How do relative sovereign ratings stack up?- Should the UK not be the next downgrade contender?By Greg PeelIt is interesting to note the new state government of NSW has now budgeted for a fiscal deficit, part of which will be funded by the issue of infrastructure ...

Australian Dollar Outlook 09/12/2011

The Australian Dollar has opened up this morning at 1.0438, as the weakness on international equity markets spreads, after attention was again focussed on the woes of the Eurozone on Friday.

BHP Billiton Coal Miners on Strike Again

A strike contagion is apparently spreading in Australia's labor sector. Days after thousands of public workers in New South Wales walked off their job over a state pay cap, coal miners of BHP Billiton resumed their job walk off on Saturday over pay and work condition disputes with management.

Australian Stock Market - Morning Report 09/12/2011

US wholesale inventories rose by 0.8pct in July, slightly above forecasts, and compared with a 0.6pct rise in June. Meanwhile China´s trade surplus narrowed to US$17.8bn with imports up 30.2pct on a year earlier with exports up 24.5pct.

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