Vittorio Hernandez

4651-4680 (out of 7523)

Vittorio Hernandez completed a degree in Economics and studied Public Administration, as well as Development Communication. He has been writing business and general news for various publications for decades now. He joined IBTimes Australia in September 2011. He may be reached at v.hernandez@ibtimes.com.au.

@vitthernandez ibtimesau

Australian Stock Market Report – Morning 3/4/2013

The US ISM manufacturing index rose from 53.1 to a 20-month high of 54.2 in February, ahead of forecasts for a result near 52.5. US construction spending fell 2.1pct in January. Consumer sentiment rose from 76.3 to 77.6 in February. US vehicle sales rose from 15.23 million to 15.38m in February, above forecasts. US personal income slumped 3.6pct in January (forecast -2.2pct) but consumption rose 0.2pct.

Australian Stock Market Report – Afternoon 3/1/2013

The local share market battled calendar headwinds today stemming from the end of week and the start of a new month. The ASX200 fell 0.35 per cent to 5086; the All Ordinaries index slipped 0.38 per cent to 5100.9 points. A consistent theme for the local market this year has been the willingness of investors to support the market in the face of weakness. This remained the case on Friday. Almost $6 billion shares were traded during the session. There were just over 2 billion transactions, 416 stock...

Australian Stock Market Report – Midday 3/1/2013

The Australian sharemarket is pulling back for the second time this week, with the All Ordinaries Index (XAO) down 0.4 per cent or 18.4 pts to 5102.0. The market has been losing ground for much of the morning ahead of two important economic reports out of China. The official government report out at 12pm (AEDT) was worse than expected and came in at 50.1. This is a sign of only modest expansion whereas the market was expecting a reading of 50.5.

Comet to Hit Mars in 2014?

Astronomers did not discount the possibility that a new comet, C/2013 A1, discovered early this year by Robert McNaught at the Siding Spring Observatory in New South Wales, may hit planet Mars in October 2014.

Australian Stock Market Report – Afternoon 2/28/2013

The tone of global investment markets has continued to improve in the last day. Concern about the Italian political landscape has continued to ease. Investor support at an Italian bond auction overnight led to a better atmosphere amongst European participants.In the US, figures released continued to paint an encouraging picture of the US housing market with pending home sales rising 4.5% last month compared to an expected increase of 1.0%

Australian Stock Market Report – Midday 2/28/2013

The local sharemarket has opened higher today after upbeat economic data in the US lifted investor sentiment and better than expected bond auctions in Italy saw European markets rebound. At noon, the All Ordinaries Index (XAO) is up 34.6pts to 5087.7pts.

Apple May Lose Most Admired Company Tag as Share Prices Plummet 37%

Apple Chief Executive Officer Tim Cook admitted to shareholders at the company's yearly meeting on Wednesday that he didn't like the downward trajectory of the company's share prices. He was responding to alarm by shareholders that Apple stocks are down 37 per cent since September 2012.

Australia’s Geekiest Marriage Proposal: Physicist Gives Scientific Report Instead of Ring to Scientist-Girlfriend

Romantic wedding proposals are a dime-a-dozen since they are the most common and popular ways to get a woman to say, "Yes, I will marry you." The traditional way is to pop the question in a romantic setting such as a hotel restaurant then the man goes down on one knee, opens a tiny box, brings out the diamond-encrusted engagement ring and asks the inevitable question. In the case of Australian physicist Brendan McMonigal, he made the same gestures, but instead gave his girlfriend, scienti...

Australian Stock Market Report – Afternoon 2/27/2013

At the close of local trade the ASX200 had gained 0.66 per cent to 5036, the All Ordinaries index had gained 0.62 per cent to 5033. Value remained strong, there were 2.1 bln transactions which gave rise to $4.5bln shares changing hands. 529 stocks ended the day higher, 454 ended in the red and 381 were unchanged.

Australian Stock Market Report – Midday 2/27/2013

The Australian share market has rebounded from yesterday's drop triggered by concerns over Italy's political gridlock. Positive US economic data and assurances by the Fed chairman has given the local market a lift. By midday, the All Ordinaries index (XAO) is up 0.52pct or 25.9pts to 5047.7pts.

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