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Oct 11, 2011

Stocks & Markets in The News: Asia: Asia declines after Alcoa earnings, Europe fears.


The Australian Business Briefing: Consumer mood holds up



 
Consumer mood holds up
James Glynn CONSUMER sentiment rose unexpectedly again in October, despite financial market instability.
 
JB Hi-Fi hopeful on Xmas trade
Rebecca Thurlow JB Hi-Fi is "optimistic" of a successful Christmas trading period, despite a slip in first quarter comparable store sales.
 
Stocks slide deeper into red
AUSTRALIAN shares extended early losses by early afternoon as investors booked profits.
 
ERA seeks $500m for Ranger
ENERGY Resources Australia plans to raise $500 million through the issue of new shares to fund the expansion of its Ranger mine.
 
Slovakia stalls eurozone deal
Peter Wilson, Europe correspondent THE eurozone's latest bailout plans have been halted by a political split in tiny Slovakia.
 
Alcoa Q3 profit misses market
Joan E. Solsman ALCOA'S earnings more than doubled in the third quarter on higher volume and prices, but missed expectations.
 
Wall St banks brace for pain
Alexandra Frean WALL Street banks are braced for a new season of shrinking bonuses, lower profits and the potential loss of 10,000 jobs.
 
Tabcorp revenue rises to $760m
Gavin Lower TABCORP Holdings has posted a 2.7 per cent increase in first quarter revenue to $760 million.
 
Financial Markets
Stocks slide deeper into red
AUSTRALIAN shares extended early losses by early afternoon as investors booked profits.
 
ASX falls as Alcoa disappoints
Greece focus turns to 'haircuts'
 
Financial Markets Coverage
 
Mining & Energy
ERA seeks $500m for Ranger
ENERGY Resources Australia plans to raise $500 million through the issue of new shares to fund the expansion of its Ranger mine.
 
Oil climbs in calm session
Gold falls on low volumes
 
More Mining & Energy

PiNG The A>ustralian IT: ASIO develops anti-terrorism analytics | Privacy body joins iiNet case | Telstra to sell iPhone 4S on $59 plan


ASIO develops anti-terrorism analytics
Karen Dearne ASIO has developed a technique to identify international activities that may lead to violent extremism within Australia.
 
Privacy body joins iiNet court case
Andrew Colley PRIVACY advocates fear adverse consequences if Hollywood interests are handed a victory in an upcoming High Court appeal.
 
RTA may on-sell speed limit warning app
Andrew Colley NSW's road traffic authority may commercialise technology for smartphones designed to reduce speeding on Australian roads.
 
Apple's iOS5 available from today
Chris Griffith APPLE mobile users from today will be freed from having to update their devices using a USB cable.
 
BlackBerry service outages continue
THE maker of BlackBerry phones has reported service disruptions for a second day across the world after claiming to fix them.
 
Firms given new data on web audience
Nic Christensen INTERNET advertisers will finally be able to access accurate audience measurement data.
 
CUA readies mobile banking services
Andrew Colley CREDIT union CUA said it would finally start delivering mobile banking services to its customers by the middle of next year.
 
Telstra to sell iPhone 4S on $59 plan
Chris Griffith TELSTRA this morning has released plan details for the iPhone 4S, which goes on sale in Australia on Friday.
 
Sony to make Steve Jobs film?
Chris Griffith SONY is reportedly vying for the rights to a film based on Apple co-founder Steve Jobs's written biography.
Click here for all headlines

Smartcompany News & Analysis: House prices tipped to rise over next three years, Your guide to iPhone 4S pricing, Carbon tax passes lower house, Consumer sentiment rises

smart company logo image

Today on SmartCompany we look at the historic passing of the carbon tax and in Entrepreneur Watch, James Thomson explains why SMEs might not embrace the idea of repealing the tax like the Coalition thinks. We’ve got the latest read on consumer sentiment (it’s improving), the outlook for house prices over the next three years (they’re on the way up) and a detailed look at the iPhone 4S pricing (it’s very competitive).

For all this and more, head to our home page.

Lunch with an Entrepreneur
The recipe for success
Crust Pizza's Costa Anastasiadis reveals why he expects its online portal to double in revenue over the next few years. BY MADELEINE HEFFERNAN.
Costa Anastasiadis

Top Story
Banking on a better online experience
A new report on online banking shows the big banks have a long way to go in exceeding customer expectations. BY JAMES THOMSON.
Online banking

Aunty B
My employee is regularly taking sick leave. Help!
I am in no doubt that what you have on your hands is a sick culture.
Aunty B

Profitable growth
Julia Bickerstaff
While it doesn't sounds revolutionary, holding a weekly meeting is one of the simplest and most effective ways of getting projects completed speedily.
Julia Bickerstaff

Digital Bottom Line
Brendan Lewis
Defining both success and failure upfront means that you can be a hell of a lot more effective and less emotional when things don't pan out the way you want.
Brendan Lewis

Property Investor
Michael Yardney
For generations, backyards, barbeques and big houses have been the norm for Australian home owners. But what of future generations?
Michael Yardney

Entrepreneur Watch
James Thomson
Business needs to get on with the job of preparing for the carbon tax. The threat of repealing the tax only adds uncertainty.