The board of Dell has backed its founder's bid for the company in partnership with venture capital firm Silver Lake. A special committee set up by the company has recommended Michael Dell's bid, rejecting an alternative offer from ...
The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
The sharemarket is set to open significantly lower after heavy falls on Wall Street on Friday night. But encouraging manufacturing data out of China on the weekend could provide a boost for mining stocks. At 7am AEST, the June share ...
Tags: Sharemarket, Wall Street
Australian shares have opened half a percentage point weaker as falling commodity prices hit mining stocks, and banking shares rally. At 10.30am AEST, the benchmark S&P/ASX200 index was down 26.6 points, or 0.54 per cent, at 4900 points. ...
Tags: Stocks, Mining Stocks
APPLE chief Tim Cook says he sees promise in computers shrunk down and worn like watches or other accessories, but drew the line at internet-linked eye wear such as Google Glass. Google Glass is "not likely to be a mass market item" but ...
Tags: Consumer Electronics, Tim Cook, Iwatch
Australian stocks are weaker at noon, hitting an eight-week low following a sharp drop in business investment. The benchmark S&P/ASX200 index dropped to its lowest point since April 5 after official figures showed a 4.7 per cent ...
Tags: Stocks, Investment
Dorel CEO and president Martin Schwartz told shareholders at the company's annual meeting Thursday morning that despite the slow start to the year—which he attributed to bad weather that persisted through April—he remains ...
Tags: Transportation
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
The sharemarket closed stronger, up 1 per cent during the day but eased to about 0.5 per cent higher by the finish. At the close, the benchmark S&P/ASX200 index was up 28.2 points, or 0.54 per cent, at 5209 points. The broader All ...
Tags: Wall Street, Sharemarket
The sharemarket has closed higher, led by investors picking up cheaper mining stocks after heavy selling in recent days. At the close today, the benchmark S&P/ASX200 index was up 15.1 points, or 0.29 per cent, at 5180.8. The broader All ...
Chinese pharmaceutical maker Taiji Group is accelerating consolidating its three listed units. The three units are Chongqing Taiji Industry (Group) Co., Ltd.(SHSE: 666129), Southwest Pharmaceutical Co., Ltd. (SHSE: 600666) and ...
Nokia has unveiled its first Lumia smartphone with a metal cover, low-light camera features and new social network apps. But the new model failed to impress investors, who sent the company's stock down more than 5 per cent. The features ...
Tags: Nokia, Windows, Smartphone
Investors will be watching the Australian dollar closely this week following its drop of nearly US2c late last week to just above parity with the greenback. The Australian currency closed in US trading on Friday at $US1.0017 after briefly ...
Tags: economy
Two Chinese firms will debut on the Stock Exchange of Hong Kong this month. They are China Galaxy Securities Co., Ltd. and Sinopec Engineering (Group) Co., Ltd. The former formally triggered the share sale on May 6 and the latter is ...
Tags: Launch IPO, Sinopec Engineering