The Australian share market dived to a two-month low today, mirroring declines in offshore markets after disappointing private-sector jobs data cast doubt on expectations of moderate growth in US non-farm payrolls data due tomorrow. ...
Tags: Market Slips, share market, RBS Morgans
PacWest Equities Inc has acquired DayStar Technologies Inc's line of CIG Solar Technology, in a deal analysts have valued in excess of $55m. PacWest specializes in working with under-performing organisations and bringing together the ...
Tags: DayStar CIGS, Electrical, Electronics
US stocks erased most of their early declines, but finished the day mostly lower as a renewal of economic and political concerns in Italy kept major US equity benchmarks off their all-time highs. The Dow Jones Industrial Average pulled ...
Distillate futures closed US trading sharply higher Wednesday, holding onto boosts seen in the wake of an unexpectedly bullish inventory report released in the morning by the Energy Information Administration. NYMEX April heating oil ...
Tags: NYMEX, Oil Futures, Distillate Markets
THE Standard & Poor's 500-stock index has rallied to the second-highest close in its history, as investors shrugged off eurozone concerns. The S&P500 closed up 12.08 points, or 0.78 per cent, to 1563.77, just shy of its October 2007 peak ...
Doritos, a leading brand from PepsiCo's Frito-Lay division, has partnered with branding and design firm Hornall Anderson to update its identity and packaging to create global harmonization and unleash the power of the iconic brand. "We ...
For the first time since 1997, the bottle will be a new shape and feature new graphics. From April, Pepsi’s 16 oz. and 20 oz. plastic bottles will display a swirled grip at the bottom, a shorter label bordered with brown edges that ...
Tags: Pepsi bottles, packaging, packs
The benchmark S&P/ASX 200 closed up 0.2 per cent at 4967.3 points after hitting a six-week low of 4927.9. Financials and consumer staples lent support, with ANZ, Westpac, NAB, Woolworths and Wesfarmers up 0.8 per cent to 1.5 per cent. ...
Tags: economy
INVESTORS traded through the political leadership drama in Canberra yesterday with an eye firmly on the federal election in September, encouraged that almost three years of minority government that has contributed to uncertainty on policy ...
THE sharemarket pared an early decline as bank stocks rose after Macquarie Equities upgraded its earnings estimates for the sector, while upgrading National Australia Bank from neutral to outperform. National Australia Bank, ANZ and ...
Oil futures settled higher Wednesday, partially rebounding from Tuesday's sharp selloff on uncertainty in Cyprus, after weekly inventory data from the US Energy Information Administration proved to be unexpectedly bullish. NYMEX April ...
Tags: Oil, Chemicals, Metallurgy
The sharemarket continued its fall yesterday, dropping back below 5000 points even though European and US markets brushed off concerns that plans for a deposit tax in Cyprus could reignite the European debt crisis. The benchmark S&P/ASX ...
Tags: sharemarket, Stocks, European Debt
Crude futures settled higher Thursday, with the ICE April Brent contract bouncing off Wednesday's 2013 lows to expire 90 cents higher at $109.42/barrel. The May contract settled up 72 cents at $108.96/b. NYMEX April crude closed US ...
Tags: Crude futures, crude, crude industry
An afterglow effect from Australia's stellar jobs numbers helped support the dollar in quiet trade today, although traders cautioned that further significant gains for the currency are unlikely in the near term. "Today the Australian ...
THE corporate regulator will unveil further measures today to tackle the growing influence of high-frequency traders and "dark pool" exchanges on local equities trading, with an increased tax on the former seen as the most likely outcome. ...
Tags: economy