Australian Stock Market Report – Afternoon 2/10/14
The Australian share market had a solid start to the trading week, on the back of solid gains on Wall Street on Friday night.
Apple Inc's Stock Buybacks Not Keeping Investors Happy for Long; Innovation Still Key in 2014
Apple Inc has bought back $14 billion of its stocks in the past two weeks. The recent move has increased Apple's total stock buyback to $40 billion shares in a span of 12 months. Apple's CEO, Tim Cook, remarked in an interview with the Wall Street Journal that it was a record-breaking buyback for a company in a similar period. He said Apple will reveal more updates on its stock buyback by March or April 2014.
'The Vampire Diaries' Star Ian Somerhalder Tweets About Lands' End Banning Angora Fur After Seeing PETA Video of Fur Farm Cruelty [WATCH VIDEO]
"The Vampire Diaries" (TVD) star Ian Somerhalder tweeted about fashion retailer Lands' End banning the sale of items with Angora fur after seeing a PETA video of Angora fur farm cruelty. Somerhalder is a certified animal lover and the co-founder of the Ian Somerhalder Foundation (ISF) which was started to help animals, the environment and people as well as educate and empower mankind to make compassionate and sustainable choices for the planet earth and its inhabitants.
Australian Stock Market Report – Midday 2/10/14
The Australian sharemarket is improving for the third straight day, with the All Ordinaries Index (XAO) up by 0.7 per cent. The miners are the best performers while weakness from the property trusts, utilities and consumer staple businesses are keeping a cap on the gains.
More news
Global Warming: UN Confirms 2013 Sixth Hottest Year Since 1850
The World Meteorological Organisation (WMO), the UN's weather agency, has confirmed that the year 2013 had indeed been the world's sixth hottest year since record keeping began in 1850.
Is Bitcoin Legal or Not? Take it from Apple and Malwarebytes
Apple removes Bitcoin programme Blockchain from App Store, while Malwarebytes accepts Bitcoin as virtual currency.
Bitcoin Payments Allowed in New Zealand's 2Talk Telco
A small telecommunications company in New Zealand is now accepting Bitcoin as an alternative mode of payment. Auckland-based 2Talk announced it will be the first company in the local telecommunications industry to allow the digital currency as payment.
US Warns Russia of ‘Toothpaste Bombs’ Ahead of 2014 Sochi Olympics
Authorities from the U.S. House Homeland Security Committee has warned all international airlines to take necessary precautions, following reports that terrorist groups have concocted explosives disguised as toothpaste bombs on flights bound for Russia.
Apple Lags Behind Samsung And Amazon In Display Technologies – Research
In his paper titled, "2014 Innovative Displays and Display technologies, Smartphones, Tablets, TVs and Wearable Displays," Dr. Raymond Soneira has warned Apple may suffer the risk of falling behind Samsung and Amazon in display technologies.
Apple Inc. (NASDAQ AAPL) Smart Bargain at $700; Analysts gives Rating
Apple Inc. (NASDAQ AAPL) is still a good buy even if it reaches $700
Sickly Canadian Public Servants Cost Government, Taxpayers $871M in 2011-2012, Alliance to Thwart Cuts to Allowable Sick Leaves
A report issued on Thursday by Canada's budget watchdog has shown that the government and taxpayers have spent paying $871 million to sickly public servants in 2011-2012. The Public Service Alliance (PSAC) of Canada, meantime, said it will thwart attempts to cut full-time workers' allowable paid sick leaves of 15 days a year.
Australian Stock Market Report – Midday 2/7/14
After a volatile start to the week markets have found something resembling equilibrium as the week draws to a close. In the face of what has at times been a challenging week, one of the consolations has been the consolidation of the ASX 200 around the 5100 level. On Friday morning investors have been content to take the market higher, albeit in unspectacular fashion.
Stricter New Rules for Canadian Citizenship Proposed
Immigrants to Canada seeking to make the country their second home have to spend more time and should master one official language before becoming legitimate Canadian citizens, based on a set of new stricter rules proposed by Immigration Minister Chris Alexander on Thursday.
Air NZ Latest Sexy Safety Video With Scantily Clad Swimsuit Models Slammed For Objectifying Women
A week after Delta Airlines has launched its 1980s-themed inflight safety video, Air New Zealand announced a new similar material that will surely send temperatures inside its cabins soaring with the wind.
Sony to Exit PC Market & Cut 5,000 Jobs to Compensate Huge Loss
Sony has decided to shut down its PC products as it is expected to slash 5,000 jobs.
Global Markets Overview - 2/7/14
The Dow and S&P saw a strong bounce overnight, which started from the opening bell and carried through to the close, registering their strongest gain for the year.
Australian Stock Market Report – Morning 2/7/14
In US economic news, the trade deficit widened by 12% to $38.7 billion in December. The deterioration was driven by a 1.8% drop in exports - the biggest decline in over a year. Imports lifted by 0.3%. Jobless claims fell by 20,000 to 331,000 last week. US productivity rose at a 3.2% pace in the December quarter after an even brisker 3.6% pace in the September quarter.
Instead of Lower GST Threshold for Online Purchase, CHOICE Suggests Flat Rate of $14 on Items Worth Less Than $1,000
Because lowering the threshold from the current $1,000 for online purchases made by Australians would only cost more than the federal government would earn, the consumer action group CHOICE proposed a flat tax rate of $14 on parcels.
Falling Demand for Cars Causes Ford to Axe 300 Jobs at Victoria Facility
Three hundred Ford workers in Victoria will become jobless beginning in May and run through the end of the year when the automaker axes their posts through redundancies due to declining demand for vehicles. The soon-to-be affected workers are deployed at the Geelong and Breadmeadow manufacturing facilities.
Why Are Your Friends’ Profile Pictures Turning Purple on Facebook or Twitter? [Video]
Are your friends’ Facebook or Twitter profile picture suddenly turning purple? It is not yet another craze that has hit the web; they are doing it for a good cause.
Australian Stock Market Report –Afternoon 2/6/14
After spending most of the week in the red, the Australian share market rebounded today, lifting by 1.2 per cent and reducing the weekly loss so far to 1.1 per cent.
UK Storms Wash Out Railway Line, Thousands Without Power Supply, Residents Advised to Brace for More Rains, Floods
Waves as high as 60 feet that lashed along Britain's shorelines have washed out portions of a 150-year old railway line into the sea. Residents have been advised to brace for more rains and potential flooding into the weekend.
Deadly New Bird Flu Strain H10N8 Discovered in China, 1 Already Dead
A new deadly new bird flu strain H10N8 has been discovered in China. At least one has died from the brand-new bird flu strain.
Australian Stock Market Report – Midday 2/6/14
The Australian share market is showing some signs of strength and a rebound after a tough week for investors. US markets were modestly lower overnight, while at lunchtime in the East the ASX is higher by 0.7 per cent.
Super Pit Gold Extends Mining to 2029
Kalgoorie Super Pit extends mining to 2029, the company announces
Kiwis to Oz: Stern NO to ‘Buy Australian Campaign’
Kiwis once again are saying their stern no to the Ozs.
Singapore Competition Watchdog Invites Public Comments to Planned SIA-Air New Zealand Alliance
Singapore's competition watchdog has sought the public to comment on its Web site on the planned alliance between Singapore Airlines Ltd (SIA) and Air New Zealand Ltd (Air NZ).
HP Chromebook 11 Lands Down Under
Google has just announced the launch of the ultraportable HP Chromebook 11 in Australia.
Global Markets Overview - 2/6/14
Indifferent data overnight has done little to quell the divided talk from the Fed about the way it is likely to deal with monetary stimulus over the coming year.
Australian Stock Market Report – Morning 2/6/14
In US economic news, the ISM non-manufacturing index rose by 1 point to 54.0 in January, slightly ahead of expectations. The employment sub-index lifted to 56.4 - a new high since November 2010, and suggested healthy jobs growth in the services sector.
Partial Victory for Customers as Federal Court Finds ANZ Bank’s Late Payment Fees on Credit Cards Excessive
Australian Federal Court judge Michelle Gordon favoured on Wednesday bank customers who lodged a class action lawsuit against ANZ over excessive charges on late payment fees for credit cards.
Apple Inc iOS Edges Closer to Android's Platform Market Share in the U.S.
Apple Inc's iOS platform share continues to grow in the United States while Android is showing a slight decline. Based on comScore data, Apple gained 1.2 per cent in three months with a total platform market share of 41.8 per cent. Google's Android OS lost 0.3 per cent in the same period with a total market share of 51.5 per cent.
Things You Did Not Know About Satya Nadella: New Microsoft CEO
Satya Nadella, the 22-year Microsoft veteran, has been declared as the CEO of Microsoft.
Australian Stock Market Report – Afternoon 2/5/14
Despite a firmer start this morning, the Australian sharemarket has finished 0.5 per cent lower; adding to yesterday's 1.7 per cent slump (worst day in seven months). Since the start of this week, the All Ordinaries Index (XAO) has lost 2.3 per cent, the worst week for local stocks since the start of December.
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