Against a backdrop of market tumult, enterprise software companies this week reported mixed quarterly results. Though Red Hat reported a robust quarter, Oracle revenue flatlined and Tibco's sales and profit declined year over year. ...
Tags: Wall Street, Red Hat, Oracle, Software Vendors
World 2013/14 cotton mill use is forecast at 110.2 million bales, up 2 percent from a year earlier. India and Pakistan are forecast to consume 23.3 million bales and 12.0 million bales, respectively, in 2013/14, an increase of 2 percent and ...
Tags: Cotton Consumption, Textile
Commercial crude stocks in Cushing, Oklahoma, the delivery point for the NYMEX crude contract, dropped for the third consecutive week, hitting its lowest level yet in 2013, US Energy Information Administration data showed Wednesday. ...
Tags: Metallurgy, Mineral, Energy, oil
Australia-based Mariani Foods has expanded the distribution of its premium beef jerky, which launched in the UK, with further listings in Germany and Iceland. The company gained listings from retailers Dornseifer and KFI in Germany, and ...
Tags: Mariani Foods, Beef Jerky
Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
The Australian Securities & Investments Commission has agreed to hold off on several possible changes to equity market trading rules, in the wake of concerns expressed by market participants and market manager ASX Limited. Yesterday's ...
Tags: ASIC, Trade Rule Changes
U.S. cotton demand for 2013/14 is reduced 500,000 bales this month, a change that offsets the lower crop forecast. U.S. demand is projected at 14.5 million bales or 15 percent below the 2012/13 estimate. In addition to lower U.S. supplies ...
Linkx Systems has developed and manufactured an automatic tray erector loader for UK-based dry food products supplier Huegli. The machine has been designed to fit into an extremely restricted space at Huegli's facility in Redditch, England. ...
Tags: Linkx Systems, Tray Erector Loader
Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...
Tags: Stocks, US Fed Meeting
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
It's reported that the Japanese Nippon Steel & Sumitomo Metal Corp (NSSMC) will leave its H beam prices unchanged for miseun or spot sales for June contract. NSSMC said that it decided to remain its H beam prices unchanged for June due to ...
Tags: H Beam, Construction
The arrivals are dwindling in most of the States and season seems to be coming to a close. Approximately 3 Crore 19 lakh bales have arrived in the market as per trade sources. CCI seems to be the best source for good cotton especially in ...
Is the New Zealand equity market a bubble? With global short-term interest rates at close to zero and a number of central banks pumping liquidity into markets as fast as their printing presses allow, there are clear signs that asset bubbles ...
Tags: Paul Glass, Construction
The Australian sharemarket is expected to open lower today as local investors practise caution ahead of expectations the US Federal Reserve could wind back its third round of bond purchases. Despite posting a late surge at the end of last ...
Tags: Investors, Fed Meeting, Sharemarket