BUSINESS

Australian Stock Market Report – Afternoon 4-18-13

An afternoon of accelerated selling on rising volumes saw local stocks end with a substantial loss. Investors remain concerned about the outlook for commodity prices in the face of rising supply and falling demand against a backdrop of a weakening global growth pulse. Bringing a sharper focus to these concerns in the last 24 hours has been the head of the German central bank who warned that the European recovery may take up to a decade. These themes drove the aggressive selling seen for mining s...
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M2 Telecommunications: For And Against

-CIMB doesn't like recent acquisitions-Macquarie isn't sure-Citi has some reservations-Moelis sees share price upsideBy Andrew NelsonM2 Telecommunications ((MTU)) looks like a real puzzler as far as analyst perception goes.

Australian Stocks: What Happened Today?

By Ashley Jessen, director of LearnCFDs.com and author of CFDs Made SimpleWeak leads from overseas markets provided a gloomy start to the day and, despite a minor blip to the upside on open, our market gathered momentum in only one direction and that was down.

Australian Stock Market Report – Afternoon 4-17-13

The local stock market has closed above the 5000 mark, albeit by a modest margin, after several days of commodity induced weakness. The ASX200 rose by one per cent, although mining and energy stocks remained on the outer with investors, being the only 2 sectors to end the session in the red.

Australian Stock Market Report –Midday 4-17-13

The Australian market is edging higher by 0.8 per cent after the initial concerns relating to the Boston marathon bomb attacks have largely subsided. The mining and energy sectors are sliding modestly, while all other regions of the market are improving. The psychologically important 5000.0 is being tested (for both the ASX200 and the All Ords).

Quantifornication And The American Spring

By Richard (Rick Mills), Ahead of the HerdAs a general rule, the most successful man in life is the man who has the best information Ironic isn't it? A record number of people on food stamps yet new highs for stock indices.

Like Gold, Cattle Prices Are Also Plummeting

Although cattle sales of the Australian Agricultural Company (AACo) rose in the first three months of 2013 to 41,186 from 29,646 compared to the same quarter in 2012, average price per head went down to $980 from $1,255.

The UK's two-tier housing market

The UK housing market remains weak. But with the UK economy on the edge of another recession, the surprise is that the housing market has not fallen more. And central London is booming.

Australian Stock Market Report – Afternoon 4-16-13

Falling commodity prices continued to be the the main theme driving markets on Tuesday. Gold remains a high profile casualty having fall by 15%in the last week. 10% of that decline has taken place in the last 24 hours, although in recent Asian trade prices of the yellow metal have consolidated.

JCB Notes high profits on demand in Africa and the Middle East

While constructing sector is not in the best shape, UK-based giant JCB Ltd informed that it noted record annuals earnings in 2012. It is not surprising at all that the company trots out its outstanding profits as the global construction sector is indeed going through tough times. The JCB's results were mainly driven by increased demand in regions such as Africa and the Middle East.

Australian Stock Market Report –Midday 4-16-13

Local stocks are once again under selling pressure following yet another slump in the price of gold, and explosions at the Boston Marathon which are being treated as a criminal investigation. US stocks sold off sharply in the final hour of trade following the explosions, with the Dow Jones Index falling 60pts in a matter of minutes.

China Saddens with its GDP Growth of 7.7%

The latest data on the China's economy saddened analysts as figures showed that GDP growth in the first quarter of the year was lower than initially anticipated. Economists ask themselves whether that means that global expansion is slowing down.

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