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afternoon trading
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US Stripper Wells May Be in Peril Below $35/B: Sources
Dec 16, 2015Hundreds of thousands of US stripper wells with production totaling 1 million b/d of crude could be at risk if oil prices fall below $35/b, where prices teetered in recent days, for long, observers say. Stripper wells are wells nearing ...
Tags: crude, oil prices, wells
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Chinese Shares Rally to Regain 4,000-Point Mark
Jul 13, 2015Chinese shares continued to rally on Monday, with the benchmark Shanghai index jumping more than 3 percent in the afternoon trading session to regain the 4,000-point psychological mark. The smaller Shenzhen Component Index advanced about ...
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Tumble After Lackluster Earnings Is Shared by Apple
Feb 8, 2014Apple's stock dropped Tuesday, hurt by a lackluster first-quarter performance and a cautious second-quarter revenue outlook. The shares fell 8 percent, hovering near $507 in afternoon trading. On Monday Apple Inc. said it sold more ...
Tags: Apple, Carl, second-quarter revenue, Wall Street
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Yahoo Was The Most Popular Online Venue Visited From Us Desktop Computers in December
Jan 22, 2014Yahoo was the most popular online venue visited from US desktop computers in December as modern lives increasingly revolve around using mobile devices to connect with the Internet. Yahoo continued to hold a crown it claimed in August of ...
Tags: Yahoo, Consumer Electronics
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Fears of Possible Global Slowdown as US Money Printing Tapers off
Jun 14, 2013Fears of a possible global slowdown as US money printing tapers off sent Asian markets into a tailspin yesterday, pulling the Australian equities market back towards a level that has all but wiped off the gains it has made this year. ...
Tags: Asian Markets
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Australian Dollar Closed Firmer Following Upbeat Consumer Sentiment Reading
Jun 13, 2013The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. The currency touched US94.63c in late afternoon trading, up from US94.02c late on Tuesday. Twenty minutes ...
Tags: Consumer Sentiment, Service
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Microsoft Is Trying to Fix What It Got Wrong with Its Radical Makeover of Windows
Jun 3, 2013MICROSOFT is trying to fix what it got wrong with its radical makeover of Windows. It's making the operating system easier to navigate and enabling users to set up the software so it starts in a more familiar format designed for personal ...
Tags: Computer Products, Microsoft, Windows 8
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Australians Are More Likely to Travel Interstate Than Overseas as Dollar Plunges
May 13, 2013Chinese economic policy and an improving US economy appear to have achieved what the Reserve Bank couldn't this week: taking the wind out of Australia's plucky currency, which fell to 11-month lows in early trading yesterday and is expected ...
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Microsoft, Google and Intel Revealed a Picture of The Tech Sector
Apr 23, 2013Some of the biggest names in IT including IBM, Microsoft, Google and Intel reported quarterly earnings this week, revealing a picture of the tech sector that, while not as gloomy as had been feared, is nevertheless mixed. The earnings ...
Tags: Computer Products, software
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Australian Dollar Was Lower as Confidence in US Recovery Wanes
Apr 9, 2013The Australian dollar was lower today after world-wide confidence was dented by news on Friday of weaker-than-expected employment growth in the US in March. The Australian dollar was trading at $US1.0373 in late afternoon trading compared ...
Tags: Australian dollar, dollar
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Sharp Fall in The Value of Yen Pushed Australian Dollar Lower Against Greenback
Apr 5, 2013A sharp fall in the value of the yen has pushed the Australian dollar lower against the greenback. Tthe currency was trading at at $US104.15c in later afternoon trading, down from $US104.41c late yesterday. Commonwealth Bank currency ...
Tags: Australian Dollar, economy, Traders Dump
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US Stock Indexes Climbed to Record Numbers as Investors Piled Into Healthcare Stocks
Apr 3, 2013US stock indexes climbed to record numbers as investors piled into healthcare stocks and the Cypriot government got an extra year's reprieve on its debts, though investors pointed to several signs for caution on the horizon. The Dow Jones ...
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Australian Dollar Rose But Failed to Sustain Gains
Apr 3, 2013THE Australian dollar rose today on better-than-expected February trade data but failed to sustain gains as traders wait for central bank meetings. The Bank of Japan and the European Central Bank hold policy meetings in the coming days, ...
Tags: Australian Dollar, economy
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Australian Dollar Rose to a Two-Month High on The Back of News
Mar 25, 2013THE Australian dollar rose to a two-month high on the back of news of a bailout deal to support banks in Cyprus and its embattled government. The bailout will consist of US$10 billion in financing for the government and require the ...
Tags: ceonomy, Australian dollar
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Sharemarket Closed Lower for a Second Straight Day After Giving up Early Gains
Mar 20, 2013The sharemarket has closed lower for a second straight day after giving up early gains during afternoon trading. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 28 points, or 0.56 per cent, at 4987.4 points. The broader All ...
Tags: Stocks, sharemarket, benchmark