The 21-year antitrust battle Microsoft Corp. (MSFT) has been fighting with the U.S. government ends today, May 12.
Carlo Fernandez
May 12, 2011
The NSW Government made the right decision in scrapping the ad valorem tax on property, according to the Property Council of Australia.
Sharon Olalia
May 12, 2011
Australian media company Fairfax Media Ltd. (FXJ) will cut about 82 editorial production jobs from its two main Sydney and Melbourne newspapers as part of a drive aimed at saving A$15 million (US$16 million) a year.
Carlo Fernandez
May 12, 2011
Groupon, the group buying site that features a daily deal on the best stuff to do, eat, see and buy in more than 500 markets around the world today announced its launch of the Groupon New Zealand, which began offering deals on May 10, 2011.
Sharon Olalia
May 12, 2011
Michael Andrew, 54, chairman of KPMG Asia Pacific and also of KPMG Australia, has been elected Chairman of KPMG International.
Carlo Fernandez
May 12, 2011
BlueScope Steel Ltd. (BSL), Australia's largest steelmaker, announced today that it will report a full-year loss as the strengthening Australian dollar cuts the price of competing imports and the value of offshore earnings.
Carlo Fernandez
May 12, 2011
A stronger Australian dollar has been impacting on earnings for Westfield Group but a quarterly trading update yesterday suggests this is being countered by lower debt costs.
Admin System
May 12, 2011
Two out of three Australian small businesses think that ‘business is good’, with some considering the strong Australian dollar an integral business tool, according to a new small business survey released today by Westpac.
Sharon Olalia
May 12, 2011
American pop star Lady Gaga has invaded the virtual farms of Farmville and has her own GagaVille to promote her singles included in her album "Born This Way," online games producer Zynga has announced.
Christine Gaylican
May 12, 2011
While the recently announced 20 per cent discount on stamp duty for first home buyers does not come into effect until 1 July this year, it may apply to homes purchased now according to the Real Estate Institute of Victoria.
Sharon Olalia
May 12, 2011
A New Zealand court has ordered Australian airlines Qantas to pay fines worth NZ$6.5 million for fault of price fixing, records showed.
Christine Gaylican
May 12, 2011
Australian national carrier Qantas Airways (ASX: QAN) has been forced to cancel 31 flights affecting around 2500 passengers and delay another 46 flights during tomorrow's morning-peak, as a result of union-led industrial action from licensed engineers.
Sharon Olalia
May 12, 2011
Industry leader BlueScope Steel Ltd. says it expects to report a net loss for the financial year ending June 30.
Jose Galang
May 12, 2011
Qantas pilots belonging to the Australian and International Pilots Association (AIPA) announced on Thursday plans to stage a strike after enterprise bargaining negotiations with management bogged down.
Jose Galang
May 12, 2011
- Westfield update shows lower costs offsetting stronger $A- Lift in development starts sees changes to earnings estimates- Two upgrades, Buys now dominate Westfield Group ratingsBy Chris ShawA stronger Australian dollar has been impacting on earnings for Westfield Group ((WDC)) but a quarterly trad...
Admin System
May 12, 2011
Australia’s unemployment rate stayed at 4.9 per cent in April, official figures from the Australian Bureau of Statistics (ABS) show today.
Sharon Olalia
May 12, 2011
As Australia returns to economic growth, and consumer confidence rebounds, increased competition for skilled workers has forced many organisations to rethink their talent strategies for 2011.
Jamelle Agbuis
May 12, 2011
Hedge funds returned an average of 2.05% in April 2011 and the rate of net investor inflows
was again above the 2010 average.
Preciosa Dumlao
May 12, 2011
Blue Rice Investment Management (BRIM) is pleased to announce its strategic partnership with NewAlpha Asset Management, the Paris-based global hedge fund incubation specialist with an investment into the BRIM Asian Credit Fund as of 1st May 2011.
Preciosa Dumlao
May 12, 2011
The Lyxor Global Hedge Fund index, an investable index based on Lyxor's hedge fund platform which tracks the overall hedge fund universe, was up +1.4% in April, lifting year to date gains to 2.1%.
Preciosa Dumlao
May 12, 2011
Commonwealth Bank has reported third quarter cash earnings of $1.7bn amid a slight rise in mortgage arrears.
Jamelle Agbuis
May 12, 2011
By Tony D’Altorio, Investment U Research Tuesday, May 10, 2011Coffee drinkers are finding it more and more expensive to get their caffeine fix.
Admin System
May 12, 2011
By Greg PeelThe Dow closed down 130 points or 1.0% while the S&P lost 1.1% to 1342 and the Nasdaq fell 0.
Admin System
May 12, 2011
By Greg PeelThe owner of a vast sheep station west of the Darling River in outback New South Wales would not permit prospecting on his land despite rumours of gold discoveries in other parts of the Barrier Ranges and the first strikes of silver being reported not far away.
Admin System
May 12, 2011
Westfield had been tipped by some analysts to cut guidance because of the impact of the higher Australian dollar on offshore earnings, but the mall owner confirmed its forecasts for annual earnings, distributions and operating income in a statement to the ASX.
Jamelle Agbuis
May 12, 2011
David Jones and Myer, Australia's two biggest department store chains, reported lower sales in their latest market updates, indicating shoppers remain reluctant to spend.
Jamelle Agbuis
May 12, 2011
Enterprise security and firewall company Palo Alto Networks on Wednesday released the results of an eight-month study of more than 1,200 organizations and 2 million users that observed more than 28 exabytes of data passing through corporate networks.
Jamelle Agbuis
May 12, 2011
Yesterday, S&P reported that they were downgrading the long-term outlook on U.S. debt from stable to negative.
Jamelle Agbuis
May 12, 2011
Baker was appointed by President Obama in June 2009. She is the second commissioner to announce his or her resignation from the FCC -- Commissioner Michael Copps is set to leave at the end of the year after 10 years -- but certainly is not the first Washington to take a position like this.
Jamelle Agbuis
May 12, 2011
The Australian Dollar has been unwillingly pulled south overnight as a sharp decline in commodities and a stronger Greenback dominate the markets.
Jamelle Agbuis
May 12, 2011
