In US economic data, the ADP Private Employment report showed job gains of 191,000 for the private sector in March mostly in line with forecasts. The February result was revised up from 139,000 to 178,000. US factory orders jumped 1.6% in February. Shipments of new orders lifted by 0.9% in February - the biggest gain in seven months. However the prior January result was revised to show a larger fall of 1%.
The EUR has crossed below its 50-day moving average for the first time since February, as Mario Draghi and the ECB board uses much grittier and direct language, giving the market a real sense that QE is coming.
A new innovation in medical practice is nearing the finish line in finding a treatment for AIDS and HIV. A small-cap biotechnoogy firm, CytoDyn, is advancing in finding a treatment and prevention of the Human Immunodeficiency Virus (HIV).
Microsoft has recently announced it will make Windows free of charge for phones and tablets with screen size smaller than 9 inches.
Apple Inc.'s stock is still a "Buy" for analysts as Piper Jaffray's Gene Munster remains optimistic in his latest note to the investors.
Microsoft has recently announced Cortana, its very own version of Windows Phone 8.1's personal assistant, touted as the "Siri Killer" in the Developer Conference held in San Francisco.
The Australian sharemarket rose modestly for the third time this week, with the All Ordinaries Index (XAO) edging 0.1 per cent higher by the close. The XAO finished above the 5400pt mark, helped by the fourth consecutive record close for U.S. markets last night.
The Shareholders Foundation announced a lawsuit against board of directors of Apple Inc. (NASDAQ:AAPL)
16-year-old teen might face jail time for April Fool’s Day prank played on Metgasco
The Malaysia Airlines MH370, now a month still missing into oblivion somewhere, will be the focus of a global ministers meeting in Hawaii. The assembly was primarily called to bolster cooperation for humanitarian assistance efforts.
Thanks to hard-earned lessons in 2010, Chile was more than focused and prepared when it got hit again by a massive earthquake four years later in 2014. Commendable and worth emulating by other nations.
The early part of Thursday's trade on the ASX has been marked by a balancing act. On the one hand miners have been a positive influence, although sellers have focussed on the financials. As a result the market has been held to only modest improvements in the hours leading up to lunchtime on the east coast. The ASX 200 peaked with a gain of 15 points in the first hour of trade. Market participation was light with around $1 billion in turnover having changed hands. It could be argued that inves...
BlackBerry is apparently pretty miffed by T-Mobile's Apple iPhone 5S campaign as the Canadian smartphone company now decided to end its U.S. collaboration with the carrier.
Amazon is expected to showcase its band new TV - streaming device at a press conference in New York City this week.
Macro data is back on the table as we look to round out the first week of trading in April. Overnight the ADP non-farm payrolls data was released and showed payrolls in the US were boosted by 191,000 in the month of March, compared with 178,000 in February. This was below the market consensus of 195,000, but on the whole it does show that the US winter issues are melting.
In US economic data, the ADP Private Employment report showed job gains of 191,000 for the private sector in March mostly in line with forecasts. The February result was revised up from 139,000 to 178,000. US factory orders jumped 1.6% in February. Shipments of new orders lifted by 0.9% in February - the biggest gain in seven months. However the prior January result was revised to show a larger fall of 1%.
With the pending shutdown and downsizing of two large multinational employers with facilities in Australia, more Aussie workers would soon lose their jobs, worsening the country's high unemployment rate.
With the recent rumors of a new TV - streaming device from Amazon doing the rounds; we now have one other news, Amazon will be the new streaming home for the popular thriller series "24."
Despite ending a little short of intra-day highs, the All Ordinaries Index (XAO) managed to spike late in trade to end 0.26 per cent or 13.6 pts firmer to 5408.8. Property trusts, the utilities and IT businesses were the biggest losers, while all remaining sectors edged a little higher. Global markets were firmer overnight, with the tech specific NASDAQ and the S&P500 the standouts. The S&P500 broke through yet another record high thanks partly to healthy economic news. The index has surged by 8...
By end of this decade or year 2020, Australia would have become the world's top gas exporter, according to the International Gas Union (IGU). Moreover, the body assured the country that the U.S. shale gas exports will likely affect liquefied natural gas (LNG) exports to Asia.
Philip Morris announced it will stop its production in Melbourne by the end of 2014
The Australian sharemarket is modestly higher at lunch, with the All Ordinaries Index (XAO) rising by 13 pts or 0.3 per cent. A late surge from the miners yesterday; particularly BHP Billiton (BHP) helped minimise the influence of sluggish Chinese economic data. The S&P500 Index cracked through yet another record higher overnight.
Apple Inc. leads the list of US companies with 1.64 trillion in stockpile; will the company reach its Q2 forecast?
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There is a feeling from the data over the last 24 hours that bad news is being taken as good news once again.
n US economic data, the ISM manufacturing index rose from 53.2 to 53.7 in March. Construction spending rose by 0.1% in February. Chain store sales rose 2.3% in the latest week compared with a year ago, down from a 3.1% gain in the prior week. And the Dallas Federal Reserve services index rose from +9.8 points to +16.5 points in March.
Following the report that mysterious disappearance of Malaysian Airlines Flight 370 has made a billionaire the sole owner of a major semiconductor patent has resulted in all eyes being focused on Illuminati member Jacob Rothschild.
Mining giant BHP Billiton (ASX: BHP) is reportedly planning to set up a separate company for its aluminium, bauxite and nickel assets for the firm to focus on its core businesses.
Apple Inc. announces on Monday adjustment for App Store prices following fluctuating currencies
Buyers made a push in the second half of the trading day which saw the ASX 200 pull up short of closing in positive territory. The index however was able to finish at the best levels of afternoon trade. The main buying initiative pushing the index higher in the afternoon was found in the resource sector. The bulk miners, which were painting an unconvincing picture in early trade, moved ahead with more conviction in the afternoon.