COMPANIES

Australian stock market- CLOSING (7/12/2011)

MARKET CLOSE--Commonwealth Securities (4.30pm AEST)The Australian sharemarket extended its falls in the second half of trade today, with the ASX 200 index (XJO) down 1.9 pct or 86.9 pts to 4495.4 while the broader All Ordinaries index (XAO) slumped by 1.8 pct or 83.3 pts to 4563.5. Almost all regions of the market ended lower with the exception of the coal producers.

HP TouchPad: Palm Mg't Shake Up Soon After WebOS Tablet Release

Hewlett Packard has made organizational changes designed both to accelerate the scale and growth of its existing webOS business as well as to expand and enhance other HP product lines.HP released the Wi-Fi version of HP TouchPad at the start of the month and will release the tablet in other territories later in the month.

iriver Story HD: 1st eReader to Link to Google eBooks, but no HD

iriver Ltd., the South Korean company known for digital MP3 players, will start selling the iriver Story HD e-reader for US$140 this Sunday. The Story HD will be the first e-reader to connect to the Google eBookstore to download digital books using Wi-Fi

Are the iPad and iPhone imitated by Android phone, tablet makers?

Apple Inc. has filed a complaint against HTC Corp., accusing Asia's second-largest maker of smartphones of infringing on the iPhone and iPad maker's patents. Apple has asked the U.S. International Trade Commission to enjoin the Taiwanese company from importing its phones and Flyer tablets to the U.S.
More news

Alcoholic drinks will soon have health warning labels

DrinkWise Australia, a liquor industry funded organization will officially launch today a campaign that will introduce warning labels on alcoholic beverages about the dangers of drinking excessively and drinking while pregnant or underage.

Apple iPad's rivals have difficulty finding market acceptance

Research firm International Data Corp. said Friday that Apple's iPad and the recently introduced iPad 2 continue to dominate the media tablet market, as other vendors have had a more difficult time finding market acceptance for their products.

Cisco Cius: A No-frills 'iPad' for Business?

ANALYSIS: Cisco Systems Inc. (CSCO), the company perhaps best known for Internet protocol-based networking and other products, has launched its own tablet PC, called Cius. Cisco describes the device based on Google's Android platform as "an ultra-portable, mobile collaboration enterprise tablet that offers access to essential business applications."

Australian Stock Market-Closing 7/11/2011

MARKET CLOSE-CommSec (4.30pm AEST)It was a less than desirable start to the week for equities, with the ASX 200 index (XJO) falling 1.6 pct or 72.4 pts to 4582.3 while the broader All Ordinaries index (XAO) has dropped 1.5 pct or 69.2 pts to 4646.8. Almost all market segments ended in lower territory by the close of business.

Qantas pilots vote ‘yes’ on historical strike

Qantas pilots have voted unanimously to take protected industrial action for the first time since 1966 in pursuit of a Qantas flight/Qantas pilot clause in the new enterprise agreement.

Shortage of skilled accountants looming

Despite the latest forecast showing a slight oversupply for accounting and auditing professionals for the next five years, employers will face difficulties in recruiting personnel as the demand for multi-skilled staff increases.

Apple's iPhone: setting the bar for all smartphones

Since the release of the first model four years ago, Apple's iPhone has been blazing the trail for all smartphones. A decade ago, in the age of mobile calling and sending short messages, Finland-based Nokia was the king. Then came Research in Motion's BlackBerry, with its bigger display and QWERTY keyboard providing U.S. President Barack Obama and others a more convenient means of sending instant messages and e-mail. But in the age of the mobile Internet and apps, iPhone has been atop e...

Murdoch to shut down 'News of the World'

Rupert Murdoch will shut down Britain's biggest selling Sunday newspaper, the News of the World, in a startling response to a scandal engulfing his media empire.

The Great Facebook Challenge - It's Big Business

The Winklevoss Twins are set to continue their endless legal fight with Facebook. Why do you think they persist with court action after court action? Because Facebook has only just got started and they know that.

NBN seeking training firms for staff

The company building the national broadband network has put a call out for providers to train workers needed for the $35.9bn project.

Global Markets Overview 7/8/2011

COMMSEC MORNING REPORT (7am AEST)US same store sales rose by 6.5pct in June - well ahead of expectations for a 4.9pct rise. Of the 23 chain stores tracked by Thomson Reuters all but four of the chains reported an increase. The ICSC expects sales to rise by 4.5-5.5pct in July.

Australian Sharemarket--Closing- 7/7/2011

MARKET CLOSE - CommSec Report (4.30pm AEST)The Australian sharemarket has managed to end higher by the most modest of margins for the third time this week despite being around 0.4 pct lower at one point this morning.

China warns Australia on carbon tax

China has expressed concern on the planned carbon tax by the Australia government, which the Chinese government said might be a step back for the country's mining boom.

More homeowners seek re-financing

Home owners are still refinancing their mortgages, even as the property market remains flat, the latest Bankwest/MFAA* Home Finance Index has shown. The Home Finance Index, which surveyed more than 1,139 respondents, revealed that one in four (24.7%) had refinanced their loan in the past two years and 14.2 per cent had refinanced in the previous year, an increase on the previous HFI.

Australia sees surge in full-time jobs

National jobs figures released by the Australian Bureau of Statistics today revealed a significant rebound in the employment market, confirming the underlying strength of the Australian economy.

Australian Sharemarket--Midday 7/7/2011

The Australian sharemarket is improving after a slow start to trade, following a solid employment report this morning. The All Ordinaries index (XAO) is currently flat. Almost all sectors are trading slightly lower at lunch however.

Australia's Government scales back on carbon tax

The Australian government has mellowed down its carbon tax policy that would not be too much of a burden to small and medium enterprises. Industries affected by the carbon price had been reduced to 500 from the previous 1000, the government said.

Report: Apple guns for Q4 release of new iPhone

Consumers may finally get their hands on a new iPhone soon as Apple is reportedly working for fourth quarter release of the hit smartphone, according to a Wednesday report by The Wall Street Journal.

Apple boss bio-book renamed ‘Steve Jobs’

Former CNN chair and Time managing editor Walter Isaacson has been successful in profiling the lives of heavyweight figures such as Albert Einstein, Benjamin Franklin and Henry Kissinger that he realized he could not risk bungling his new project, the authorized biography of Apple head Steve Jobs.

An incentive to spend millions

Queenslanders are spending $6.9m globally to push their state to the forefront in the competitive worldwide incentive travel arena.

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