The sharemarket consolidated yesterday as high-yield plays reacted negatively to reduced hopes of further interest rate cuts following the release of stronger-than-expected domestic jobs statistics. Meanwhile, profit-taking pushed ...
Tags: Rates Forecast, economy
The government has fallen about $1 billion short of the $3bn revenue windfall it had hoped to reap from the sale of valuable wireless spectrum to the nation's leading telecoms companies. After two weeks of secret bidding, Telstra, Optus ...
Tags: Wireless Spectrum, secret bidding
The sharemarket closed lower but recovered some ground after the Reserve Bank cut the cash rate to a record low. At the close today, the benchmark S&P/ASX200 index was down 12.5 points, or 0.24 per cent, at 5143.7 points. The broader ...
Tags: Banks, Record Rate Cut
Don't be fooled by Samsung's new flagship Galaxy S4 smartphone. Superficially, it looks like its predecessor, the outrageously successful S3, which attracted 40 million sales in six months. The S4 brings with it a bucketload of new ...
VODAFONE Hutchison Australia said it remained on track to switch on its metropolitan 4G network by June as it demonstrated the network running with peak speeds of 130Mbps. The carrier, which has been struggling to repair its brand in ...
TELSTRA shares hit a five-year high yesterday as investors flocked to high-yield stocks in the telco and banking sectors to protect against dramatic sell-offs in resources stocks. Shares in the nation's dominant telco soared to their ...
THE sharemarket rose the most in seven sessions after commodities and offshore equities saw some recovery from recent weakness caused by China's disappointing economic growth data, the collapse in gold prices and the Boston bombings. ...
Tags: economy
Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical network systems incorporating its own indium phosphide-based photonic integrated circuits (PICs), says that its DTN-X platform with ultra-long haul ...
Tags: Infinera, Subsea Network, Electrical
The sharemarket was hammered yesterday after Chinese economic data missed market expectations, adding to pressure from a slump in commodity prices that followed the release of disappointing US retail sales and consumer confidence data on ...
Tags: sharemarket, economy
The first wristband in 2011, while innovative, was a disaster. Bracelets bricked and there were reported incidents of batteries failing to recharge. It led to recalls and Jawbone returned to the drawing board. Now Jawbone has ...
Tags: Wristband, Computer Products
TELSTRA has kicked off a review of its digital media and IPTV division and flagged as many as 55 job cuts as the telco giant explores new ways to push its premium content and the resale of Foxtel pay-TV services to consumers. The review ...
Tags: IPTV, Consumer Electronics
"MOVE along now, nothing to see." Constable Plod's old refrain looks an apt way to sum up Criterion's performance in the March quarter, with his "buy" calls rising an average 1 per cent in a quarter in which the broader market surged 5 per ...
Tags: economy
BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
VODAFONE Australia chief executive Bill Morrow has stepped up calls for the competition regulator to trigger a regulatory review of Telstra's dominance of the mobile and fixed-line telecommunications markets. Speaking at a strategy update ...
Tags: Computer Products, Consumer Electronics, telecommunications markets
The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...
Tags: Local Stocks, Service, economy