COMPANIES

Australian Stock Market Report - Closing 10/10/2011

AFTERNOON REPORT (4.30pm AEDT)The local share market posted its fourth win in a row today, kick-starting the trading week on a positive note. Investor sentiment remained buoyant after German and French leaders agreed to do all that is necessary to secure the recapitalisation of European banks. Share markets around the Asian region were generally positive, despite ratings agency Fitch cutting the credit ratings of Italy and Spain. The All Ordinaries Index (XAO) gained 37.3pts or 0.9pct to 42...

First Look! Max Payne 3: Payne’s Look Gets Updated

Max Payne has undergone a makeover in the years since Max Payne 2. He's shaved his head, ditched his trademark trench coat in favor of a wife beater and he's changed locations to Brazil. But underneath the cosmetic changes, Payne is still the same tortured noir hero gamers have played in two previous iterations and new developer Rockstar Games has kept the same fluid bullet-time combat that made the series a landmark in gaming.

Woolworths Recalls Big W's Unsafe Blender

Woolworths-owned BIG W discount department stores are recalling the Abode multi-functional blender purchased at stores nationwide due to a potential safety hazard.
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Australian Stock Market Report - MIDDAY 10/10/2011

The Australian sharemarket is surprisingly holding up very well despite a fall in U.S shares on Friday. The All Ordinaries index (XAO) is up 1.1 pct or 46.4 pts to 4271.4, adding to the 3.8 pct gains recorded last week.

Qantas Orders 110 Jets Amid Strikes

While battling strikes from ground crew, baggage handlers, engineers and pilots, Qantas also signed on a contract on Thursday for the largest single commercial jet order in Australian aviation history worth $9.5 billion.

High-tech Name Games

Until Steve Jobs came along, apple was the name of a popular fruit often portrayed as the fruit that Biblical character Eve offered to Adam, which resulted in the two being banished by God from the Garden of Eden.

Australian Stock Market - Closing 10/07/2011

The share market rally continued today, with local stocks gaining for the third session in a row. Investor optimism was boosted by strong gains in the US and Europe overnight after the European Central Bank announced new measures to provide cash strapped banks with liquidity.

Microsoft Denies Fresh ‘Halo’ Movie Rumor

A novel based on the popular xBox game Halo of Microsoft Studios is coming out for sure but its legions of fans would like a movie adaptation more. So it was not surprising that rumors of a Halo movie is circulating again in gaming circles after the latest press release on the book "Halo: Cryptum" by Greg Bear hinted a film adaptation coming in theaters next year.

Recession, not Apple, is Real Threat to Samsung

Samsung Electronics admitted in its third-quarter forecast Friday that its profit for the period may fall below expectations with slow sales of its flat-screen TVs and computer chips. But a booming smartphone and tablet business still produced a $3.5 billion profit.

Steve Jobs’s $1 Annual Salary – A Thought for Today’s CEOs

There is no doubt about it that the enigma behind Apple' success is Steve Jobs and his "methodology" that was described by his former nemesis John Sculley, Apple CEO from 1983 to 1993, as "different from everyone else's since he always believed the most important decisions you make are not the things you do, but the things that you decide not to do."

Less Leverage for Apple in Media Deals with Jobs’s Demise

Although the iPhone continues to be the best-selling smartphone globally and investors have not reacted negatively on Apple co-founder Steve Jobs's death, the most valuable company in the world may have less leverage when it comes to future media deals.

Qantas Cancels, Delays Flights Despite Strike Cancellation

The Transport Workers Union (TWU) canceled the two-hour strike scheduled on Friday as a "significant gesture of good faith." However, their move apparently failed to appease both the passengers and Qantas because flights had already been canceled and delayed.

Aussies before Migrants on Filling Skills Shortage - Gillard

Prime Minister Julia Gillard says Australian workers, not migrants, should be prioritized in filling employment requirements. For his part, Jobs Minister Chris Evans warned against reducing skilled migration numbers as this could affect pace of work at the industry, noting jobs are "moving north and west" and there are some areas which are "doing it tough".

Jobs’s Death Boosts Sales of Apple Products

Investors and consumers reacted differently to the Wednesday death of Apple co-founder Steve Jobs. While investors in stock markets let go of the Apple shares after the news of his demise. Consumers, on the other, hand snapped up more of the Apple gadgets.

Australian Stock Market Report - Overview 10/07/2011

Australian shares leapt the most in almost three years as investor sentiment improved on renewed optimism a solution is near at hand for the Eurozone debt crisis. The local market opened more than one per cent stronger after Wall Street surged for its second straight day, then eased slightly after midday but soared in the last hour of trading. By the close, the benchmark S&P/ASX200 index had reached its highest level since September 21, rising 143.4 points, or 3.65 per cent to 4,069.9 and the br...

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