BUSINESS

Hakon Purchases Ahold’s 60% Stake in ICA

On the 11th of February, Hakon Invest AB informed that Royal Ahold NV had decided to get rid of its 60 percent stake in ICA for as much as 21.2 billion Swedish crowns, or slightly over $3 billion.

Australian Stock Market Report – Midday 2/13/2013

The Australian sharemarket is having its best day in a fortnight, with the ASX 200 Index up 0.9 per cent or 44.8 pts to 5003.8. This is the first time the evasive 5000.0 mark has been breached by the index since April 2010. The local market is now up 7.6 per cent since the start of this calendar year. Global markets ended mostly higher overnight, with both the French and British markets the standouts after rising by close to 1 per cent.
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Mystery Porn Issues Bug Google Search

Google search is facing a porn-generating bug that shows when users are searching for an equation or string. Google search engine has been trusted by millions of worldwide and it can help a user find almost anything in the cyber world, from dictionaries to stories, images to videos, celebrities to scandals, and knowledge satisfying answers.

Australian Stocks: What Happened Today?

The analyst principally responsible for the production of this research report is: Howard Humphreys, Director & Lead Research Analyst, Seismic ResearchASX breaks through 5,000 as CBA, LEI beat estimatesThe ASX 200 surged 0.

Qantas Limits Passengers' Priveleges

Call it an April Fool's joke, but beginning April 1, 2013, Qantas is cutting the luggage weight allowance of its business class passengers to a maximum of 52 kilogrammes from 96.

The Effect of Homeowners Associations on Sustainability

The concept of an Homeowners Association, or HOA, isn't one that typically comes to mind when most people think of sustainability. We see more and more horror stories in the news nowadays of homeowners slapped with hefty fines for growing gardens on their own property, or even thrown in jail for daring to keep a cistern in their backyard.

Renault Sees Sales Surge in India

Renault witnessed an increase in the sale of its Sports Utility Vehicle, Duster, in India as middle class families lifted sales by approximately 60 percent. The company may glory in its Duster SUV which bagged the Indian Car of the Year award.

Australian Stock Market Report – Midday 2/12/2013

The Australian share market is slightly firmer at lunchtime in the East, despite falls on European and US markets overnight as investors booked profits in the absence of market moving economic, political or corporate news.

Apple Starts to Develop, Experiment on Watch-like Devices

Apple is developing new versions of iPhone, iPad, and computers such as iMac and Macbook but also wrist-watch like devices. The maker of iOS is currently improving many aspects of their mobile devices including the camera, Retina display, OS, and security strategies.

Why Flexigroup Equals Flexi-Buy

By Andrew NelsonLeasing and financing services specialist Flexigroup ((FXL)) put out yet another positive financial report last week and brokers did what they tend to do; they applauded the report, maintained their Buy calls and lifted their forecasts.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

The Overnight Report: Currency D

By Greg PeelThe Dow fell 21 points, or 0.2%, while the S&P was basically flat at 1517 and the Nasdaq was similarly little changed.

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