The Dow Jones Industrial Average notched its biggest point gain of the year as investors cheered International Business Machines' strong earnings and President Barack Obama's praise for the $3.7 trillion deficit-reduction plan.
Lawrence Villamar
Jul 20, 2011
By Greg PeelThe spot uranium price rebounded somewhat the week before last once a big sell order cleared the market.
Admin System
Jul 20, 2011
US housing starts soared by 14.6pct in June to a 629,000 annual rate, well above forecasts for a result near 575,000. Building permits rose by 2.5pct after a 8.2pct gain in May.
Lawrence Villamar
Jul 20, 2011
The Australian share market closed flat as uncertainty about debt issues in the US and European weighed on investors.
Lawrence Villamar
Jul 20, 2011
Hewlett Packard will be launching its new TouchPad tablet in Sydney next Tuesday, July 26.
Carlo Fernandez
Jul 20, 2011
South Africa plans to set up a state-owned pharmaceutical company, a senior official in the ruling ANC party said on Tuesday, a move that could squeeze local players in one of the world's biggest market for anti-retroviral drugs.
Jose Alface
Jul 20, 2011
Nokia's first Windows phone, code-named Sea Ray, which Nokia CEO Stephen Elop showcased to employees last month, has now appeared in a short video preview on a Windows operating systems forum in Asia.
Carlo Fernandez
Jul 19, 2011
Although Facebook is the most popular site in America, consumers "don't like" the social networking site, according to the 2010 American Customer Satisfaction Index (ACSI) E-Business Report, produced in partnership with ForeSee Results. Facebook scored 64 on the ACSI's 100-point scale, which puts its satisfaction even lower than IRS e-filers.
Carlo Fernandez
Jul 19, 2011
A recent report from the Westpac and Charles Sturt University Agribusiness index revealed that agribusinesses were affected by rising operating costs, the high rate of the dollar and a poor wine season.
ranina sanglap
Jul 19, 2011
The US National Association of Home Builders housing market index rose from +13 to +15 in July, above forecasts. Net capital outflows from the US totalled US$67.5 billion in May, compared with inflows of US$66.6bn in April.
Christine Gaylican
Jul 19, 2011
U.S. stocks fell to their lowest close this month Monday as fresh jitters over European sovereign debt and the lack of progress in U.S. debt ceiling negotiations sparked a flight from risky assets.
Lawrence Villamar
Jul 19, 2011
Microsoft announced Monday that it is issuing a monetary reward in the amount of US$250,000 for new information that results in the arrest of operators of the Rustock botnet.
Carlo Fernandez
Jul 19, 2011
AFTERNOON REPORT
(4.30pm AEST)The local share market once again finished flat, with the All Ordinaries Index (XAO) virtually unchanged at 4539.4. The S&P/ASX 200 Index (XJO) closed down 3.9pts to 4468.1.
Christine Gaylican
Jul 19, 2011
It is now looking more like th eApple iPhone 5 will be released in September as subcontractors of the leading American phone manufacturer have confirmed to be gearing up for the said date of release, reports said.
Christine Gaylican
Jul 19, 2011
MIDDAY REPORT
(12.15pm AEST)Australian shares are trading flat at lunchtime in the East, as gains from energy players are offset by losses from the financials. The All Ordinaries Index (XAO) is down 0.7 of a point to 4539.2pts. Energy players are faring best, with the sector firmer by 0.8pct. Woodside Petroleum (WPL) shares are up 1.7pct to $38.90 after reporting a 17pct rise in 2Q 2011 revenue to $1.19 billion. Production for the same period fell 7pct.
Christine Gaylican
Jul 19, 2011
ING Direct has warned that brokers could become irrelevant as a distribution channel for the lender if they continue to send the majority of loans to the big four.
Kimmy Peterson
Jul 19, 2011
Risk management strategy is now at the forefront of the overhaul list, according to a survey conducted at the Queensland Safety Show, held in Brisbane last month.
Kimmy Peterson
Jul 19, 2011
The 'natural' ability to be self-aware falls within the realm of a rarified group of individuals. Self-awareness is reliant on a set of complex skills not intuitively shared by all. As a leader of others, one needs to understand and recognise a sophisticated set of variables that include: our own motivational drivers, an ability to step outside oneself, the capacity to understand what turns your team on and why they show up each and every day and the ability to read body language and other...
Kimmy Peterson
Jul 19, 2011
With fixed rate loans dropping to levels below or equal to variable rate loans, there's never been a better time to shop around for a new mortgage. When it comes to changing your mortgage, however, there is a right way and a wrong way to go about it.
Kimmy Peterson
Jul 19, 2011
By Greg PeelEconomists had long expected the RBA would wait to see the results of the June quarter CPI release, due later this month, before making its next move in interest rates.
Admin System
Jul 19, 2011
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.
Admin System
Jul 19, 2011
Two leading global investors in gold equities, Blackrock Investment Management and Baker Steel Managed Funds have committed to subscribe to a total of $50 million new shares in a new company arising from the merger of Catalpa Resources Limited (ASX: CAH) and Conquest Mining Limited (ASX: CQT).
Christine Gaylican
Jul 19, 2011
According to the University of Michigan's Eco-Driving Index, CO2 from new cars in the U.S. is down 14 percent from 2007. That's a significant gain, especially since the number of American drivers is up four percent.
Kimmy Peterson
Jul 19, 2011
- Flight Centre has lifted earnings guidance- Increase reflects confidence in earnings growth outlook- Brokers lift estimates, targets and ratings- Recent share price weakness has improved the value on offerBy Chris ShawDespite a tough macroeconomic environment in Australia, Flight Centre ((FLT)) ha...
Admin System
Jul 19, 2011
Alas, for those who left it too late, there are no more tickets available for the Rudi Unplugged presentation on the Gold Coast this week.
Admin System
Jul 19, 2011
Bus passengers in Brisbane are bound to be affected by a strike action planned by drivers and workers on Thursday, 21 July.
Christine Gaylican
Jul 19, 2011
By Greg PeelThe Dow closed down 94 points or 0.8% while the S&P lost 0.8% to 1305 and the Nasdaq dropped 0.
Admin System
Jul 19, 2011
Stocks advanced Friday, as blowout earnings from Google and a big corporate takeover overshadowed another warning about the U.S.'s credit rating and a depressed reading on consumer sentiment. The Dow Jones Industrial Average rose 42.61 points, or 0.3%, to 12479.73. The blue-chip index bobbed between positive and negative territory much of the day before the late rise.
Lawrence Villamar
Jul 18, 2011
US industrial production rose by 0.2pct in June, in line with forecasts. Consumer prices (CPI) fell by 0.2pct in June, weaker than the -0.1pct consensus forecast. But excluding food and energy (core prices) the CPI rose by 0.3pct, slightly ahead of market forecasts. And consumer sentiment slumped from 71.5 to a 2-year low of 63.8 in July.
Lawrence Villamar
Jul 18, 2011
It appears that Microsoft is planning a foray into the social networking scene with a new project called "Tulalip". The experimental project was revealed after Fusible.com spotted a teaser on socl.com, a domain owned by Microsoft.
ranina sanglap
Jul 18, 2011
