BUSINESS

Corporates: Metcash Cuts Jobs, Restructures/OneSteel’s New Name

The weak retail sales data from the ABS helps explain why Metcash, the big grocery retailer and hardware and liquor distributor and retailer announced a big restructuring yesterday of its basic grocery distribution businesses and the write down of an investment in retailing in Queensland.
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Australian Exports Down 2% in February

Australia's exports declined 2 per cent in February which contributed to a trade deficit of $480 million. It is the second largest trade deficit for the country since early 2010.

Instagram Now Available in Android

Instagram, the popular photo-sharing app is now available for Android users. It was first exclusively offered to iPhone users for the past 18 months but it has now expanded to Android-based smartphones.

James Murdoch Relinquishes BSkyB Chairmanship

Apparently taking too much heat from the scandals hounding his family's media empire, James Murdoch announced on Tuesday his resignation as chairman of British Sky Broadcasting (BSkyB).

Mercedes-Benz B-Class Launched

The all-new, second-generation Mercedes-Benz B-Class has launched in Australia with three model variants making up the range: B180, B200 and B200 CDI.

McLaren MP4-12C Supercar for Rent

Now we all know how most rental cars get treated, but we suspect this McLaren MP4-12C may be treated with a little bit more respect by its users.

Global Markets Overview 04/04/2012

Stocks fell after details from the Federal Reserve's most recent policy meeting offered no signals that immediate monetary stimulus is on the way, prompting investors to question whether the rally can continue without a prime driver.

Icarus Signal New Entries For Today: Big Four Banks

Daily update on share prices and consensus price targets.By Rudi Filapek-Vandyck, Editor FNArenaSector analysts at JP Morgan summed it up succinctly this morning: shares in Australian banks have appreciated noticeably in the first three months of the year, supported by a variety of factors, but this...

Is Transfield The Next Leighton?

By Greg PeelConstruction company Leighton Holdings ((LEI)) has been stuck with two disastrous legacy projects in the form of the Victorian desal plant and the Brisbane airport link, not to mention Middle East projects that remain a constant risk.

Tell Us Dr Copper, Are Things Looking Up or Down for China?

This should be a testing week for Australian stock prices, not for any technical levels of support and resistance (that we know of...although we leave that stuff to Murray). But because two of Australia's large Asian trading partners - China and Japan - are showing weak trade activity.

Stocks, Cocktail Parties and Balace Sheets

Where do you get your latest stock tips from? Scouring through balance sheets, poring over profit and loss statements and scrutinising cash-flow statements? Or do you listen to the latest punt your mate Joe is boasting about at a cocktail party?

Quiet Quarter Overall For Uranium

By Greg PeelNo one is much interested in buying the quantity of UF6 on offer in the US and while demand remains for U3O8 the only supply of note is in Europe and genuine buyers are looking for supply contracts a little longer dated than spot.

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