The Dow closed up 20 points or 0.2% while the S&P rose 0.2% to 1212 and the Nasdaq gained 0.
HP has promised to produce more TouchPads after consumer demand saw the $99 tablet flying off the shelves.
The US Conference Board reported that its consumer confidence index hit a 2-year low of 44.5 in August, down from 59.2 in July. The S&P/Case-Shiller home price index measure of 20 metropolitan cities eased by 0.1pct in seasonally adjusted terms in June. In unadjusted terms, prices were up 1.1pct.
- A downgrade of French debt would be extremely detrimental to global sentiment- A new French budget is due next month- Economists fear the government is too optimisticBy Greg Peel2011's version of the 2010 euro-debt sell-off began in April as Greece once again hit the spotlight, followed rathe...
U.S. stocks rose Tuesday as talk of the Federal Reserve implementing yet another round of quantitative easing helped push the market higher for a third straight session.
Salmonids, predominantly consisting of trout and Atlantic salmon, have surpassed rock lobster as Australia’s highest earning fisheries product.
Apple has hired Nicholas Allegra aka “comex”, the 19 year old hacker famous for his one-click iPhone jailbreak site JailBreakMe, which makes removing the restrictions on Apple’s iPhone, iPod Touch and iPad devices as simple as clicking a link.
The Australian Coal Association (ACA) on Tuesday has questioned the results of the Grattan Institute research on the impact of the proposed carbon tax on the coal, LNG and steel industries.
Even the gods have been playing favorites. Samsung was scheduled to unveil on Aug. 29 the Galaxy S2 in the United States, the world's largest economy. But what could be a record launch of "the best smartphone that is not an iPhone", we have Hurricane Irene causing massive blackouts, billions in damages, and at least 44 deaths. Aug. 29 would have been a brilliant timing, as Tim Cook is still rearranging the furniture at Apple's executive offices after being abruptly asked to succe...
Amazon's newest tablet could be the best rival to Apple's iPad but only if the online retailer is willing to swallow selling the tablet at a loss, according to a study by Forrester Research.
The Australian Steel Institute (ASI), the peak industry body representing the entire Australian steel supply chain, reiterated it is not proposing any form of mandates or other protectionism measures, but is calling for a more coordinated approach to assessing major project proposals more strongly linked to Australian Industry Participation (AIP) policies.
A 62-year old man with mesothelioma, a rare cancer caused by inhaling asbestos, has been awarded $1.15 million in compensation by a Victorian Supreme Court jury.
Australia’s home building approvals saw its first rise in four months, albeit still below economist forecasts.
By Greg PeelBuyers may have been eager to pile in back in March when spot uranium fell below US$50/lb in the initial Fukushima plunge, but having drifted to under that level once more on general nuclear energy uncertainty, there was no sign of such interest emerging last week.
The Australian sharemarket is gaining for the second straight day. The vast majority of sectors are trading higher, with the financials index up over 1 pct at lunch.
New home sales have seen a "sharp decline" in July, the HIA has indicated.
Goodman Fielder has again confirmed why it is one of the great disappointments of Australian business.
QR National has made a first up profit of $350 million in its first year as a public company.
A glut of recent prime time renovation shows is inspiring Australians across the nation to renovate and create our dream kitchen - despite the fact that for many of us, the process of transforming this space can be a real nightmare.
We’ve compiled some expert tips to help you land a hot mortgage deal that delivers on price and on features.
Many people put off bathroom renovations, fearing the hip pocket won’t be able to handle the whopping cost – but we’re here to show you that a bathroom refresh doesn’t have to cost the earth.
By Greg PeelThe Dow rose 254 points or 2.3% while the S&P gained 2.8% to 1210 and the Nasdaq added 3.3%.
- Alesco lower 1H12 guidance only a month into the year- Brokers cut forecasts, ratings downgraded- Citi sees implications for other companies in similar markets- Downgrades both GUD Holdings and GWA Group as wellBy Chris ShawIt was only a month ago Alesco Corporation ((ALS)) reported full year earn...
US consumer spending rose by 0.8pct in July - marking the fastest pace in five months. The pickup in spending was supported by strong demand for motor vehicles as Japan related supply restraints faded. When adjusted for inflation spending was up 0.5pct, the largest increase in 18 months.
U.S. stocks rallied Monday in some of the thinnest trading of the summer, highlighted by gains for insurers amid relief over Hurricane Irene's relatively light touch on major cities. U.S. stocks rallied Monday in some of the thinnest trading of the summer, highlighted by gains for insurers amid relief over Hurricane Irene's relatively light touch on major cities.
While consumers are eagerly waiting for the release of the iPhone 5, a special effects company has created a stunning new iPhone design concept video which could be the future of the highly popular smartphone.
Samsung Electronics Co. has agreed on Monday to postpone the launch of its Galaxy Tab 10.1 in Australia until the last week of September because of the court hearing going on in the country.
Samsung of Korea has agreed to delay the launch of its GalaxyTab 10.1 in Australia pending the resolution of the patent dispute. Samsung, however, said it will file a cross claim against Apple in the next few days
The board of Tiger Airways has appointed a new boss, Chin Yau Seng, former CEO of Silk Air to replace Tony Davis as CEO who is set to leave the company on November 1.
By Richard (Rick) MillsAs a general rule, the most successful man in life is the man who has the best informationCountry Risk - Where the political and economic stability of the host country is questionable, and abrupt changes in the business environment could adversely affect profits or the value o...