Still in doubt that iPad Mini will be launched shortly after the anticipated issue of iPhone 5 later this year? Well investors do not have the same mindset and their firm conviction that Apple will unleash killer gadgets before 2012 ends further pushed up the tech giant’s share price.
Following a weak start to the session, the Australian sharemarket is a few points higher, with the All Ordinaries Index (XAO) up 0.1 pct or 5.7 pts to 4399.5. A number of companies have gone ex-dividend today, which is putting downward pressure on the broader market.
Australian banks lost on Friday the country's longest-running court case after appeal judges in the West Australian Supreme Court upheld a ruling that ordered the lenders to pay creditors of the collapsed Bell Group almost $3 billion.
Consumer groups are pushing for larger prints on unit prices of grocery items for shoppers to benefit the most from comparative unit prices that supermarkets post based on a common weight, volume or number.
By Greg PeelCentral banks across the globe are implementing and/or are expected to implement or increase monetary policy stimulus over coming months in order to reduce sovereign risk and prop up a flagging global economy.
BHP Billiton (ASX: BHP) inked a native land agreement in the Pilbara with the Nyiyaparli people. The signing would lead to expansion of the mining giant's iron ore operations and boost its output to 350 million tonnes by 2020 from the current 120 million tonnes.
To help reverse its sagging financial standing, flag carrier Qantas will feature supermodel Miranda Kerr in a national advertising campaign for the airline.
The state of California has seen upgrades in the technology of roads to provide auto insurers with the ability to monitor the driving behavior of their clients and offer reduced premiums to them. However, the move has not been received well by advocates of privacy who have dismissed it as an unnecessary amount of intrusion leading to serious results.
There's something about the quality of a great leader that makes him or her stand out no matter the situation or the crowd. History's greatest leaders have all had that quality, though they may not have all started out as leaders of many or even very few people.
Facebook shares dropped by 6.27 percent. Facebook stock hit record low as the first lock-up period ended. Shareholders, who invested in the well-known social media company, cashed out some of their stake. Facebook shares are down almost 50 percent from its debut.
There's been some positive momentum gaining across global markets over the past 24 hours after German Chancellor Angela Merkel voiced support for the European Central Bank's efforts to prop up the Eurozone. US share markets rose to four month highs overnight, while European markets also rallied. Here positive earnings reports helped boost sentiment with the All Ordinaries Index adding to yesterday's gains, up 1pct. Over the week, the market gained 2pct.
The new Windows RT club will be mostly composed of Dell, Samsung and Lenovo, as confirmed this week by Microsoft, indicating that key PC players will roll out ARM-powered slates during the scheduled Oct 26 launch of the revamped Windows operating system.
No official confirmation from Apple is out yet, though it is widely rumoured that the next iPhone iteration will be out as early as Sept 21, at least in the North American market, sparking a frenetic race for current iPhone owners to dump their old units for some cash.
The Catholic Church is again in another controversy. This time the ownership of a billion-dollar German media company that has been reported to be selling some pornographic materials, which is against its philosophy and teachings.
Local stocks are continuing to add to yesterday's gains, thanks to strong earnings results and positive offshore leads. European and US share markets moved higher overnight on hopes of further stimulus measures after German Chancellor Angela Merkel voiced support for the European Central Bank's efforts to support the Eurozone. Mid-session, the All Ordinaries Index (XAO) is up 28.2pts or 0.6pct to 4381.7.
Authorities in the city of Shanghai have imposed a new rule on property ownership that had so far drawn criticism as it defies even the tradition of home ownership in China.
A U.S. report has cited leading tech firms, chief of them Apple, for active efforts in ensuring that products they issue in global markets were not laced with ‘blood money’.
By Peter Switzer, Switzer Super ReportOne of the scariest propositions you can deal with as a financial adviser is to play around with the timing of a stock market.
By 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.
Note from the Editor: The Consumer Metrics Institute in the US offers independent data and analysis on (online) consumer spending in the US.
A study by the Institute for Policy Studies has found that twenty-six big US companies paid their chief executive officers more last year than they did in federal taxes.
At the rate that Russia has purchased official gold reserves, the European nation logged the largest increase in global official gold reserves purchases over the five year period 2008 to 2012. Russia bought over 500 tonnes of the yellow metal.
Australian businesses could save up to $125 billion a year or $625 billion over the next five years if it shifts to cloud computing, Cloud Accounting Australia review of case studies said.
By Greg PeelThe Dow rose 85 points or 0.7% while the S&P gained 0.7% to 1415 and the Nasdaq added 1.0%.
Creations of leading American fashion designer Ralph Lauren would still be available despite the end of a 23-year licence deal between the fashion brand and Australian accessories outfit OrotonGroup in June 2013.
The Australian sharemarket improved for the third time this week, with the All Ordinaries Index (XAO) gaining 1.1 pct or 46.5 pts to 4353.5. The energy and financial sectors led the rest of the market higher, while the property trusts ended flat.
Samsung has officially rolled out the new Galaxy Note tablet and this time around, it is a full-sized slate and in fact a tad larger than iPad with screen size of 10.1 inches.
Australian Banks on the Run
Local stocks are trading higher at lunchtime, following a mixed lead from overseas market and commodity prices. The European markets closed lower on growth concerns and rumours percolating around the markets that Spain is preparing to ask for an official bailout. The US markets were again mixed after stronger than expected US economic data have raised more doubts that the Federal Reserve will hold off from easing at its next policy meeting.
A taskforce made up of trade unions and manufacturers submitted on Thursday its report to Prime Minister Julia Gillard containing more than 40 recommendations.
