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Showing posts from April, 2012

Smartcompany News and Analysis: Number of SMEs trading at a loss rises, ATO statistics show

All eyes are peeled to the Reserve Bank today to see if it will cut the official interest rate. Analysts say it is a “no brainer” that the central bank will cut rates, but any reduction will not be a moment too soon with business confidence plummeting and a Perth mining company entering administration with 300 jobs on the line. Also today we look at house prices, which fell 0.8% in April, and examine the new rules of website design. In Entrepreneur Watch , James Thomson is critical of the taxman after the ATO was cited as one of the main factors behind record insolvency numbers. And don’t forget to take SmartCompany’s third annual Business Technology Survey , which will close soon. You can win a new iPad and register to get the key insights from what is already shaping up as a fascinating piece of research. Click here to take the survey. News Number of SMEs trading at a loss rises, ATO statistics show Reserve Bank rate cut today a “no brainer” Pert

Financial And Forex Info | The Australian Business Briefing: Newspoll, rates and rorts

Newspoll, rates and rorts Support for Labor has crashed to close to a record low, according to Newspoll, posing fresh questions for Julia Gillard's leadership. First off : Labor now trails the Coalition 41 per cent to 59 per cent in two-party-preferred terms, while the government's primary vote has fallen to 27 per cent compared to the Coalition's primary vote of 51 per cent. Ms Gillard has dropped 3 per cent to 36 per cent in the preferred prime minister rating, trailling Tony Abbott who sits on 41 per cent ( The Australian ) ( Newspoll tables ). The poll, which was taken before Ms Gillard distanced the government from MPs Craig Thomson and Peter Slipper , has made Labor MPs increasingly nervous ( The Australian ). Some MPs want the PM to consider quitting ( Herald Sun ); former defence minister  Joel Fitzgibbon has abandoned the PM ( Advertiser ); the NSW Right is wavering ( Daily Tele ); and a Kevin Rudd-Bill Shorten ticket has been

SEC | Reports: Report On Foreign Portfolio Holdings Of U.S. Securities

Securities (c), Cross-Border Portfolio Holdings   PART A: Foreign Portfolio Holdings of U.S. Securities -- (4-30-2012) Historical data from the surveys during 1974-2010 are available showing the market value of foreign portfolio holdings of U.S. securities by country and by type of security. (Also in csv and tab-delimited text files.) (04-30-2012) (4-30-2012) Foreign Portfolio Holdings of U.S. Securities as of 6/30/2011 (PDF). This report presents the findings of the annual survey as of June 30, 2011. It includes comparisons with the results of previous benchmark surveys since 2004. -- The appendix tables (mht file) can be downloaded and opened with a spreadsheet program. (Note: If file opens in text, then closing & reopening may help.) -- There was a press release dated 04/30/2012 . Foreign Portfolio Holdings of U.S. Securities as of 6/30/2010 (PDF). This report presents the findings of the annual survey as of June 30, 2010. It

MarketWatch | Personal Finance Daily: 3 questions for thrifty fund investors

By MarketWatch  Don’t miss these top stories: The top new looks for your kitchens and baths Condo owners face rental hurdles Auto Review: 2013 Dodge Dart 3 questions for thrifty fund investors There’s some optimism that homeowners might return to long-delayed remodeling projects this year. As long as the real-estate market remains in the dumps, it’s possible some people will choose to just stay put and fix up rathe

NYT Afternoon Business News: Hitachi-LG Exec to Plead Guilty to Price Fixing: U.S

Latest Business News Hitachi-LG Exec to Plead Guilty to Price Fixing: U.S. Groupon Reshuffles Board After Accounting Missteps RIM May Lose More Ground in Smartphone Market: Analyst

DealBooK | DealB%K Afternoon Edition: Barnes & Noble's Nook Unit Is Worth More Than Its Parent Company

Monday, April 30, 2012 TOP STORY Barnes & Noble's Nook Unit Is Worth More Than Its Parent Company Microsoft's investment in Barnes & Noble's Nook division makes the unit worth $1.7 billion, or nearly double what Barnes & Noble's entire market capitalization was on Friday. DEALBOOK » Microsoft to Take Stake in Barnes & Noble's Nook Microsoft announced on Monday that it would invest $300 million in the Nook division for a 17.6 percent stake. DEALBOOK » Barnes & Noble Shares Leap on News of Microsoft Deal The hedge fund Jana Partners and the billionaire Ronald Burkle are among the big winners as shares of Barnes & Noble surge on the Nook news. DEALBOOK » TimesCast: Microsoft's Deal Spurs E-Book Market Michael J. de la Merced and Gregory Cowles discuss the impact of Microsoft's $300 million investment in Barnes & Noble's Nook unit. DEALBOOK »   DEALBOOK

Risk seen as Obama takes credit for bin Laden killing: The Washington Post | Politics Afternoon Edition

HEADLINES Risk seen as Obama takes credit for bin Laden killing Analysts say focus on president's role in killing hurts his vow to end partisanship. » Read full article Advocate for blind lawyer says U.S., China are working on asylum deal U.S. diplomats have met with officials at the Chinese Foreign Ministry to try to hammer out an agreement on what to do about the blind activist lawyer Chen Guangcheng, a confidant of Chen’s said. » Read full article Highlights from the White House Correspondents’ weekend RELIABLE SOURCE | The dinner. The after-parties. The preening. Which stars came to Washington? » Read full article Editor Ben Bradlee doubted details in Watergate book, associate claims Journalist Bob Woodward calls associate’s portrayal of their discussion a “dishonest distortion.” » Read full article Obama and Bill Clinton: BFF? THE FIX | The one-time rivals seem to have forged a mutually beneficial relationship. » Read full article MULTIMED

CBS NEWS | Political Hotsheet Top Stories:

CBS POLITICAL HOTSHEET TOP STORIES         Obama adviser defends use of drones in Pakistan Ahead of one year anniversary of death of bin Laden, John Brennan says drones just only used when other options are exhausted Read full story Obama: I'm not spiking ball over bin Laden death President says his campaign is justified in suggesting Mitt Romney would not have authorized mission to kill terrorist leader Read full story Ayotte, possible VP pick, appears with Romney Former New Hampshire governor John Sununu talks up first-term senator's chances Read full story Obama: We always bring up human rights with China President declines to comment on whereabouts of Chinese activist Chen Guangcheng Read full story Warren blasts Brown for "nasty insinuations" Amid Brown's calls for Warren to "come clean" about listing Native American status on forms, her campaign decries sug

Stocks and Markets in the News | Wall Street at Close: U.S. stocks cap worst month so far this year

  By Kate Gibson NEW YORK (MarketWatch) -- U.S. stocks on Monday pulled mostly lower for April, but the Dow industrials managed to score a 0.01% monthly gain to extend its run into a seventh month, its longest such stretch since Jan. 31, 2007. The benchmark indexes all fell on the day as a weak reading of business activity in Chicago prompted concern about the economy. "We did not get off to a good start with the weak Chicago PMI number," said David Rolfe, chief investment officer of Wedgewood Partners. The Dow DJIA -0.11% fell 14.68 points, or 0.1%, to end at 13,213.63. The S&P 500 Index SPX -0.39% fell 5.45 points, or 0.4%, to 1,397.91, down 0.8% for April after four consecutive months of gai

The Economist | Selected New Articles: China, Sarkophobia and Mitt Romne

Analects: Two's a crowd There was more than enough tension in Beijing even before Chen Guangcheng's escape read more » Elysée: The rise of Sarkophobia The recent level of anti-Sarkozy feeling in the French media is unprecedented read more » Banyan: Waiting for the warhead Going on North Korea's past form, a detonation is due read more » Democracy in America: Fair's fair Mitt Romney's claims about fairness point to an honest philosophical disagreement read more » Newsbook: But on the whole it stinks Reflections on the Royal Society's new report examining how the planet can support 9 billion people read more » Baobab: Hard graft An unusual conviction for corruption for a Nigerian politician read more »   Schumpeter: The power of Bobtimism The mood at Barclays' annual general meeting was less electric than expected read more » Johnson: Useful, yes. B

CMI | NY Trading - Spot Prices at Close,

  Today Change Week Ago Month Ago Year Ago Gold $1,664.40 -$0.40 $1,632.40 $1,670.30 $1,557.00 Silver $30.98 -$0.43 $30.61 $32.51 $48.55 Platinum $1,572.90 -$6.00 $1,558.80 $1,648.50 $1,869.60 Palladium $684.50 +$0.60 $674.60 $656.70 $795.10

BIV Business Today News | Canadian banks got $114b “secret bailout” in financial crisis

Canadian banks got $114b “secret bailout” in financial crisis Monday, 30 April 2012 08:54 A Canadian Centre for Policy Alternatives (CCPA) study released today estimates previously undisclosed support for Canadian banks reached $114 billion during the financial crisis.   Run of River lowers losses for 2011 Monday, 30 April 2012 08:51 Run of River Power Inc. (TSX-V:ROR) reduced its net loss in 2011 by $4.4 million over 2010, according to the company’s annual financial report.   Richmond signs sister city agreement with Xiamen, China Monday, 30 April 2012 08:48 Richmond’s already strong ties with China got even stronger Friday with the signing of a sister city agreement with Xiamen.   Surrey receives top marks for budgeting practices Monday, 30 April 2012 08:44 The C.D. Howe Institute has given the City of Surrey an ‘A’ in budget reporting, according to Holding Canada’s Cities to Account: An Assessment of Municipal Fisc