Global Markets Overview - 4/23/14
The light Easter trading continued in Europe and the US overnight. The Easter mergers and acquisitions dance also continued as drug maker GSK traded its cancer division to Swiss competitor Novartis.
Australian Stock Market Report – Morning 4/23/14
In US economic data, existing home sales fell by just 0.2% to a 4.59 million annual rate in March, above forecasts for a result near 4.55m. The FHFA home price index rose by 0.6% in February to stand 6.9% higher than a year ago. The Richmond Federal Reserve index rose from minus 7 to +7 in April.
New UFO-Shaped Apple Headquarters to Have 1,000 Shared Bikes, Use 30% Less Energy
The rising new Apple headquarters in Cupertino, California, promises not just to be an architectural landmark with its unique UFO-shaped design, but also a showcase of green technology.
Adobe Flash Player 12: Review, Highlight, Prerequisite, Support; Available as Free Download
The Adobe Flash Player is the touchstone for rich, salient and high-impact web content. Designs, graphics, animations, and user interfaces are deployed immediately across all browsers and platforms, guaranteeing rich and seamless virtual experience. For high quality video streaming, Adobe's Flash Player versions are the golden standard in the blogosphere.
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New Zealand Minister, Economists Slam U.S. Analyst for 'Alarmist' Article on NZ Economy Going to Recession
New Zealand economists have rejected the claims of an analyst writing for U.S. magazine, Forbes, that the country is headed for "a major fall." Jesse Colombo wrote in a Forbes column that New Zealand's housing market was "overvalued" and an increase in interest rates could lead to recession. The 28-year-old analyst suggested that along with Australia, Canada and other countries, New Zealand's economic bubble could burst. Mr Colombo said the bubble could pop and he expected it ...
Conspiracy Trial Underway: Apple Inc., Google Inc., Intel Corp. and Adobe Systems Inc Allegedly Conspired to Keep Wages Down of Experienced Employees
Google Inc., Apple Inc., Intel Corp. and Adobe Systems Inc. are facing trial against an alleged conspiracy law suit of agreeing to keep wages down of their experienced employees
Australian Stock Market Report – Midday 4/22/14
The Australian share market has resumed trade after the Easter break on a positive note, rising 0.4 per cent in thin trading volumes.
Yahoo President/CEO Marissa Mayer Already Has Support from Apple for Her Yahoo-Over-Google Plan
Yahoo CEO Marissa Mayer has set aggressive plans to confront Google head on by convincing Apple to make Yahoo the default search engine in the iPad and iPhone's Safari Web browser. She is well backed up by Adam Cahan, senior vice president for mobile and product search department of Yahoo, and already supported by a longtime acquaintance inside Apple and some of its executives.
Philippine Budget Carrier Eyes Flights to New Zealand
A month after air pact between New Zealand and the Philippines was signed in March, one of the latter's budget carriers has applied to mount flights to the Kiwi nation.
Global Markets Overview – 4/22/14
There have been some very interesting corporate developments over the Easter break around corporate auctions. AstraZeneca, the UK's second largest pharmaceutical company, received a takeover bid from US giant Pfizer, Newmont Mining and Barrick Gold are in talks for a 'merger of equals' as US medical company Allergan is under interest from investment activist William Ackman - a deal which is believed to be worth over US$50 billion.
Australian Stock Market Report – Morning 4/22/14
In US economic data, the national activity index eased from a revised reading of +0.53 points in February to +0.20 points in March. The leading index rose by 0.8% in March, higher than the market expectation for a gain of +0.7%.
U.S. Regulator OKs Powdered Alcohol; Available by Autumn 2015
It would soon be easier to smuggle into dorms and even restaurants alcohol drinks without detection with the recent approval by the Alcohol and Tobacco tax and Trade Bureau of alcohol in powdered form.
Flight 370 or Plane Turnaround Syndrome Scares Passengers of Qantas, Malaysian Airlines
The mysterious disappearance of Malaysian Airlines Flight 360 seems to have created a Flight 370 syndrome characterised by air passengers fearing the worst-case scenario once their plane turns around or diverts from its original route.
Dropbox 'Vulnerable' to Heartbleed Bug, Opens Sydney Office
Despite criticisms and vulnerability regarding the Heartbleed bug, Dropbox, a U.S. online storage giant, has announced it will soon open in Sydney to further support Australian customers.
Forget Google Glass: Google Patents New 'Contact Lenses' With In-Built Camera
Google has filed a new patent application with the U.S. Patent Office for a contact lens, which comes embedded with a tiny camera.
Apple Inc (AAPL) Early June Quarter Estimates May Alarm Investors
For Apple Inc.'s investors who expect a strong June quarter, Chuck Jones, a prominent writer of Forbes, has lower expectations. Wall Street's predictions for Apple's June quarter is equally disappointing for those hoping for a big Apple comeback.
Australian Stock Market Report – Afternoon 4/17/14
The ASX 200 ended Thursday's session with a flourish having posted highs in the late morning. The index tapered away in the afternoon although it kicked higher to end the week with a gain of almost 0.5%. This was a noteworthy turnaround considering the weak tone that marked the early part of the week.
Google's Q1 Revenue Misses Target, Shares Down by 5.7 Percent
Google's 2014 first-quarter revenue has fallen short of Wall Street expectations as the price of its ads declined.
Australian Stock Market Report – Midday 4/17/14
The Australian sharemarket is rising for the third straight day, driven by firmer global markets overnight. The All Ordinaries Index (XAO) is still above 5400pts this shortened trading week.
Floating Nuclear Power Plant Best Against Tsunamis, Earthquakes—U.S. MIT
For countries about to construct nuclear power plants, or even those that had, a floating facility built offshore would serve best against tsunami and earthquake threats.
Apple Inc. to Add $30B to its Buyback Program
Apple Inc. (NASDAQ:AAPL) is set to have its conference call discussing its second fiscal quarter financial results on April 23, 2 p.m. PT / 5 p.m. ET.
Heartbleed Bug: Canada Arrests Teen for Alleged Data Theft on Tax Agency
The Royal Canadian Mounted Police has arrested a 19-year-old Canadian in relation to the Heartbleed security breach.
Global Markets Overview – 4/17/14
US equities advanced yet again as earnings continued to underpin confidence in the recovery and US data encouraged. With no fresh negative tape out of the Ukraine sentiment remained positive.
Australian Stock Market Report – Morning 4/17/14
In US economic data, housing starts rose by 2.8% to an annual rate of 946,000 in March, below expectations for a result near 973,000. Industrial production rose by 0.7% in March, above expectations for a gain of 0.5%.
Sina Weibo Debuts in New York’s Nasdaq on April 17, IPO Aims to Raise $340 Million
Beijing-based Sina Weibo is due to debut this week in New York through an initial public offering (IPO) that seeks to raise at least $340 million.
Apple Inc Q2 Earnings Preview: Revenues Low, Gross Margin High
Apple Inc. is expected to reveal its Q2 FY 2014 quarterly earnings on April 23 after the final trading call. What do analysts' expectations reveal?
Forbes: Nike's China Sales a Growing Concern
Nike has shown good performance in overall sales and continues to gain growth worldwide. But the popular sports brand still faces a tough challenge with its projected sales in China.
US Airways NSFW Tweet, Feast for Twitter Users but Eye-Opener for Businessmen
While Twitter users feasted over the US Airways inadvertent post of a not safe for work photo on Twitter, many businessmen could deeply reflect over this accident to keep their company's reputation in good standing.
Australian Stock Market Report – Afternoon 4/16/14
The Australian sharemarket closed above 5400pts, partly boosted by a slightly better than expected Chinese economic growth. The All Ordinaries Index (XAO) jumped 0.6 per cent to 5412.6. On Monday the local market sank to three-week lows. Volume has been subdued due to public holidays.
Australian Stock Market Report – Midday 4/16/14
The Australian share market is continuing to add to Tuesday's gains in the early session on Wednesday, after US markets rode out a volatile session on a high note.
First Bitcoin ATM in Australia Launches in Sydney
Australia has launched its first Bitcoin ATM in Sydney despite troubles and a threat from the National Australia Bank (NAB) that it will close the accounts of businesses trading in crypto-currencies, including Bitcoin.
Global Markets Overview – 4/16/14
Global equities were mixed with US markets continuing their recovery, while European and emerging markets struggled. US markets struggled early as China growth fears and Ukraine concerns weighed on equities, but they managed to reverse on earnings optimism. Earnings from Johnson & Johnson and Coca Cola impressed, while Intel came in mildly better than expected.
Australian Stock Market Report – Morning 4/16/14
In US economic data, the headline and core measures of consumer prices (the latter excludes food and energy) both rose 0.2% in March, above forecasts for a 0.1% gain. The New York Federal Reserve manufacturing index eased from +5.61 to +1.29 in April. And overall capital flows into the US lifted from US$83 billion in January to US$167.7 billion in February.
Burger King China Branch Has a PooPoo Smoothie on Its Menu, Any Takers?
Is it a case of lost in translation or a deliberate marketing gimmick to be talked about? Such questions would likely pop in the mind of fast food lovers when they read a particular item on the menu of a Burger King branch in China - the PooPoo Smoothie.
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