Vittorio Hernandez

571-600 (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 October 24, 2014

US economic data, jobless claims rose by 17,000 to 283,000 last week. US markit "flash" manufacturing fell by 57.5 to 56.2 October. Across the sub-indices, new orders growth eased markedly, with new export sales falling sharply. US FHFA home prices rose 0.5% in August to be up 4.8% over the year. The US leading indicators index rose by 0.8% in September - pointing to solid growth economic for the rest of the year.

Sydney Software Firm Bigcommerce Teams Up With Alibaba To Beat Amazon

Fresh from its New York initial public offering (IPO) that raised a record $25 billion fresh capital, Chinese e-commerce giant Alibaba (NYSE: BABA) has partnered with an Australian software company. Its team up with Bigcommerce is expected to further rival its US competitor Amazon.

Australian Stock Market Report – Morning October 23, 2014

US economic data, the Consumer Price Index rose by 0.1% in September while the core index (excludes food and energy) also rose by 0.1%. Prices are up 1.7% on a year ago. The mortgage market index soared by 11.6% with the refinancing index up 23.3% in the latest week.

Australian Stock Market Report – Afternoon October 22, 2014

The feature of the second half of Wednesday's trade was the ASX 200 recovering from a flat spot in late morning trade to make new session highs over the afternoon. The gains of the day were the best improvement of the current winning streak which has lasted for seven sessions.

Australian Stock Market Report – Midday October 22, 2014

The positive tone for the Australian share market has extended into Wednesday following solid gains for Wall St overnight. US stocks recorded strong gains on Tuesday supported by healthy corporate results. The S&P 500 has now gained more than 6% since its session low last Wednesday. In Europe stock indices rose on speculation that the European Central Bank is considering buying corporate bonds to revive the region's economy. Reports suggested a plan could be approved by December and start ear...

Global Markets Overview – October 22, 2013

'Volatility is a natural part of markets, whereas highly accommodative monetary policy is not.' This was my statement on Monday about the effect of monetary policies on markets - it acts as a volatility depressor.

Australian Stock Market Report – Afternoon October 21, 2013

Australian shares faded this afternoon to end a touch lower for the first time in six days. The All Ordinaries Index (XAO) fell by 0.1 per cent following the 0.9 per cent improvement on Monday. Better than expected Chinese economic news initially boosted markets and currencies at 1pm AEDT.

Australian Stock Market Report – Midday October 21, 2013

Australian shares are higher for the sixth straight day with the All Ordinaries Index (XAO) up 0.2 per cent at lunch. Despite the strong run local stocks remain 6 per cent below September highs and are treading water ahead of Chinese data this afternoon.

Global Markets Overview – October 21, 2013

Corporate earnings optimism is certainly driving US market as we expected - Apple released its results and the initial reaction to its thumping results added 1.1% in after-hours trade. It was up 2.1% in the cash market.

Australian Stock Market Report – Morning October 21, 2013

European shares fell on Monday, trimming gains made in the previous session. German software maker SAP fell 5.8% after cutting its full-year profit outlook. The news hit the tech sector with the STOXX 600 Technology sector falling 2.4%. German sportswear firm Adidas rose 3.6% after the Wall Street Journal reported that an investor group was planning a bid to buy Adidas's Reebok unit. The FTSEurofirst 300 index lost 0.5%. The UK FTSE fell 0.7% and the German Dax lost 1.5%. And Australia's m...

Australian Stock Market Report – Afternoon October 20, 2014

Australian stocks maintained earlier gains to close higher for the fifth consecutive trading session. Gains in excess of 1 per cent for the miners, banks, industrials, consumer discretionary and property trusts pushed the market higher. The All Ordinaries Index (XAO) improved by 0.9 per cent or 47.2pts to 5307.3.

Australian Stock Market Report – Midday October 20, 2014

Australian shares are improving for the fifth consecutive day, with the All Ordinaries Index (XAO) up 1 per cent or 55pts to 5314.5. All major industries are improving at lunch however global markets remain volatile and could easily change directions on news and data.

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