By Greg Peel"I would say that Greece would probably leave the euro, but Portugal might stay," said Nobel prize-winning economist Paul Krugman this week, "It all depends on how things play out in the next two or three years".
By Greg PeelThe Dow closed up 23 points or 0.3% while the S&P gained 0.3% to 1372 and the Nasdaq added 0.
By Chris Tedder, Research Analyst FOREX.comOvernight, the shock announcement from Dublin that it would be holding a referendum on the Eurozone fiscal compact sent the euro plummeting.
Oil and gas producers Beach Energy and Roc Australia have continued the recent solid earnings reports of the country's hydrocarbons sector.
Coca Cola Amatil (CCA), the publicly listed group that owns the Coke franchise in Australia and the Asia Pacific, has reported increased net profit after tax ( up 19.0 percent), increased total sales (up 6.9 percent) and increased earnings per share (up 18.3 percent) for its financial year ended 31 December 2011 compared with the previous 12 months.
For the second time in a week a senior financial regulator has warned our banks against relaxing their lending standards on home loans.
As expected Caltex Australia has reported a big loss for 2011 after taking into account the $1.5 billion write-down in the value of its two oil refineries in Brisbane and Sydney.
Virgin Australia 1, Qantas 0, and falling further behind?
The Australian media industry has become a black hole that shows no sign of disappearing, judging by the flow of weak interim and full year figures this week for groups from Fairfax Media to Foxtel, Seven West Media and Network Ten.
The group yesterday revealed a net profit of $541 million, more than 15 times higher than its 2010 takings.
FNArena has added another video to its Investors Education section on the website. In this broadcast, ATW's Jerry Simmons explains why he is carefully watching the movements of the gold price these days.
By Greg PeelThe Dow closed down one point to 12,981 while the S&P added 0.1% to 1367 and the Nasdaq rose 0.
The Australian stockmarket will open weaker today as investors eye the latest surge in oil prices (see top story), which threatens the gathering rebound on global markets.
Very quickly, the rising price of oil and petrol has emerged as the most significant obstacle to the nascent recovery in global economies and markets strengthening in the next few months.
By Kathleen Brooks, Research Director UK EMEA at FOREX.comRisk is back on and some indices are hitting fresh multi-year highs as I write this.
By Alexander GreenMore than two thousand years ago, the Greek sage and philosopher Epictetus counseled, "It is impossible for anyone to begin to learn what he thinks he already knows.
Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
US jobless claims held steady at 351,000 last week - marking the lowest reading since March 2008.
By Greg PeelThe Dow rose 46 points or 0.4% while the S&P gained 0.4% to 1363 and the Nasdaq added 0.8%.
US existing home sales rose by 4.3pct in January to a 20-month high of 4.57 million, slightly below market expectations.
By Greg PeelThe Dow closed down 27 points or 0.2% while the S&P lost 0.3% to 1357 and the Nasdaq dropped 0.
Four profits yesterday from companies of varying sizes illustrate the current state of the Australian economy, and where the profits, revenue growth and pain are occurring.
Just a suggestion that OneSteel, in seeking a new name, might be about to ditch its low profit steel making business, was enough to send the shares up more than 12% by the close yesterday.
A fitful reaction from the markets to the news that the second bailout of Greece is much closer after eurozone finance ministers agreed to the latest bailout package.
The U.S. and Mexico have reached a cooperative agreement for oil and gas drilling along the maritime border in the Gulf of Mexico, ending years of negotiation that has left the area untapped for more than a decade.
By Greg PeelThe Dow closed up 15 points or 0.1% at 12,965. The S&P gained 0.1% to 1362 while the Nasdaq lost 01.
Facebook Fan Pages are a great way to build your brand, remain Top of Mind. engage with your customers and now Facebook are about to improve their functionality even more.
Women's retailer, Specialty Fashion Group has joined the no dividend club and a spot of rationalisation after confirming earlier guidance of a sharp drop in sales and earnings for the December half year.
Lend Lease has lopped interim dividend from 20 to 16 cents, a slash of 25% after a small fall in earnings for the period to December 31.
Australia's largest steelmaker, Bluescope Steel, reckons it is laying the foundations for a return to profits after revealing a total loss of more than half a billion dollars for the six months to December 31.
