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Showing posts from December, 2007

RWE Australian Business News - rwe

259 George St, Sydney, NSW 2000p: (02) 9322 8981Website - None (RWE Australian Business News) -
Some share price moves to keep an eye on in the market:
Fortescue Metals Group (FMGDA) up 71c to $7.91: Touched a record $8.10. Was queried yesterday over a rise of 54c but the company said it could not explain the rise. On December 19 announced its Solomon iron ore resources had been increased to more than 1.7 billion tonnes.
Haoma Mining (HAO) up 2.8c to 7.8c: Has reported encouraging results from rock chip sampling within the North Pole region of the Pilbara at its North Pole Project, 150km southeast of Port Hedland, with samples returning maximum values of 46.1pc manganese, 54.8pc iron and 1150 ppm vanadium.
IMX Resources (IXR) up 15c to 75c: Went as high as 79.5c: Today announced a detailed heads of agreement with Jilin Tonghua Iron & Steel for the offtake of Cairn Hill ROM magnetite/copper ore in South Australia, as well as a placement at 85c a share …

How candelsticks charts predictions works

In the daily epic struggle between buyers and sellers, technical analysis shows who is winning. If buyers are in control then prices go up, if sellers are in control then prices go down. Everyday a battle is played out between buyers and sellers. Buyers drive up the prices and sellers drive down the price. A perfect example of this is at the seafood markets. Normally prawns sell for around $25 per kilo. At Christmas time, prawns sell for about double, at around $50 per kilo. Why the big difference? In any market, buyers drive up the price and sellers drive down the price. At Christmas time because there is a large number of buyers, they drive up the price. It's the same as in the sharemarket- buyers drive up share prices and sellers drive them down. Candlesticks is a way of looking at the battle between buyers and sellers to see whether share prices are being driven up or down. Candlesticks are a short term trading tool which is usually used to try and figure out whether buyers…

Top 10 australian stock broking related links & websites

Top  australian stock broking websites and information links  on the internetAustralian Shareholders' Association
Established as a not-for-profit organisation in 1960 the Australian Shareholders' Association protects and advances the interests of investors.
» www.asa.asn.auBerkshire Hathaway
This site contains Warren Buffett letters to shareholders for every issue since 1977. Essential reading for all value investors.
» www.berkshirehathaway.comDirectors' Transactions
Directors' Transactions tells you who's buying, who's selling and who owns what amongst Australia's company directors.
» Investor Bookshop
A specialist bookshop located in Melbourne offering same day postage Australia wide and a 10% discount for subscribers to The Intelligent Investor.
»'s Interest Rate Observer
This fortnightly newsletter is US-centric, highbrow and bears little relevance to the Australian market, but we lik…

Hot Australian stocks / shares for 2008

THis above article taken from,00.html  brings you some of the hot stocks  from the top analysts in the market My picks for  2008 in RED
The hot stocks of 2008
IT is the question economists and investors alike have been peddling for some years now.When will this unprecedented bull market come crashing to a prolonged halt?
The increasingly buoyant Australian stockmarket is just about to complete its 17th year uninterrupted of growth and upward momentum.
To state the bleeding obvious, we are getting closer and closer to a major downturn that could make the August 07 mini-collapse look like a storm in a teacup.
Despite this, analysts remain convinced market growth will continue fervently throughout 2008, as the local bourse finally digests the sub-prime hiccup and matures relatively unabated.
So if now is a good time to invest, what should one be looking at?
Well, today The Daily Telegraph makes it easy for you.
Australia's leading analysts have gi…

Centro Properties Brings down market - 17 August 2007 - Property trusts tumble down

The Australian sharemarket closed moderately lower today but was well off early lows as Centro Properties remained under the hammer.Australian stocks declined, pushing the S&P/ASX 200 Index to its biggest two-day loss since the Sept. 11 terror attacks six years ago. .Westfield Group and St. George Bank Ltd. led declines as concern mounted the U.S. housing slump and credit crisis will stall growth in the world's largest economy. Centro Properties GroupA retail investment organisation specialising in the ownership, management and development of retail shopping centres. Includes news, reports and investment ... Properties Group, which owns 700 shopping malls in the U.S., plunged for a second day after saying it's struggling to refinance debt because of the collapse in the subprime mortgage market. BHP Billiton Ltd. and Woodside Petroleum Ltd. fell after metal and oil prices dropped on speculation a slowdown in the U.S. will curb demand for commodities…

Big US stocks down today - Bear Stearns Cos. (BSC US) Biogen Idec Inc. (BIIB US) Ciena Corp. (CIEN US) Costco Wholesale Corp. (COST US) Countrywide Financial Corp. (CFC US) Dow Chemical Co. (DOW US) Fannie Mae (FNM US) Freddie Mac (FRE US) Goldman Sachs Group Inc. (GS US) Home Depot Inc. (HD US) Honeywell International Inc. (HON US) Lehman Brothers Holdings Inc. (LEH US) Merrill Lynch & Co. (MER US) Qualcomm Inc. (QCOM US) Target Corp. (TGT US) Washington Mutual Inc. (WM US)

About three stocks declined for every two that rose on the New York Stock Exchange. The Nasdaq Composite Index fell 2.65, or 0.1 percent, to 2,668.49. The Dow increased 44.06, or 0.3 percent, to 13,517.96, led by a 5 percent advance in Honeywell International Inc. The S&P 500 added 1.82, or 0.1 percent, to 1,488.41. Benchmarks in Asia and Europe slumped. ``Doing other things to inject liquidity really doesn't address the issue of broader economic weakness,'' said David Joy, who helps oversee $161 billion as chief market strategist for Riversource Investments LLC in Minneapolis. With financials, ``it's too early to step up and take a stand that these stocks are undervalued. If you dip your toe in the water, you could still get burned.'' Small Caps, Retailers Slump Smaller companies led the market lower, with the Russell 2000 Index, a benchmark for shares with a median market value of $598 million, falling 0.3 percent. The NYSE Composite Index of all commo…

australia stocks business news

australia stocks business newsDec. 13 (Bloomberg) -- Australia's benchmark stock index, the S&P ...
Bloomberg - 10 hours ago
The index of 203 companies traded on the Australian Stock Exchange rose 13.20 to 6628.40. Among the stocks in the index, 85 rose, 26 fell and 92 were ...
IPOs in Australia Fizzle as Losses in Uranium, Subprime Mount Bloomberg
Dec. 12 (Bloomberg) -- Australia's benchmark stock index, the S&P ... Bloomberg
Australian Shares Fall on US Outlook; James Hardie Declines Bloomberg
Bloomberg - Bloomberg
all 12 news articles »Australia Stock Update: S&P/ASX 200 Rises 13.20 to 6,628.40 Dec. 13 (Bloomberg) -- Australia's benchmark stock index, the S&P/ASX 200 Index, rose 0.20 percent at 10:05 a.m. The index of 203 companies traded on the Australian Stock Exchange rose 13.20 to 6,628.40. Among the stocks in the index, 85 rose, 26 fell and 92 were unchanged. Gains in the S&P/ASX 200 Index were led by Bhp Billiton Ltd, Commonwealth Bank Of Australia …

Perth stock exchange

Stock Exchange of Perth (1889 - 1987)Location: Perth, Western AustraliaThe Stock Exchange of Perth was formed in 1889. In 1987 it became the Australia Stock Exchange (Perth) Ltd.   Image available here >> - 1987 Stock Exchange of Perth
1987 - Australian Stock ExchangePrevious and Subsequent Entities? - 1887 Adelaide Stock and Share Association
1883 - 1968 Launceston Stock Exchange
1871 - 1987 Sydney Stock Exchange
1882 - 1987 Hobart Stock Exchange
1884 - 1987 Brisbane Stock Exchange
1884 - 1987 Melbourne Stock Exchange
1887 - 1987 Stock Exchange of Adelaide Limited
1889 - 1987 Stock Exchange of PerthThe Stock Exchange of Perth, Western Australia Description Photograph of a group of men in front of and in the entranceway of the Perth Stock Exchange Building. The men presumably all work in the building. The figure fifth from the right dressed in a jacket with conspicuous buttons all the way up the front and unusual headgear might be a messenger boy. Th…

Is Dividends better than trading stocks ?

There is a question which is sometimes asked by those new to the financial markets, and even occasionally debated by experienced participants. That question is how one differentiates between trading and investing. Because both trading and investing - when one considers them from the perspective of the financial markets - are performed in very similar fashions, they are often thought of as interchangeable actions.
In my book, The Essentials of Trading, I followed along with this basic theme by introducing the idea that what differentiates the two is scope definition. Both trading and investing, after all, are at the most simple of levels application of capital in the pursuit of profits. What are dividends ?Dividends are payments made by a company to its shareholders. When a company earns a profit, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders of the company as a dividend. Paying dividend…

Microsofts santa asks for oral sex instead of pizza News

Gigantic global software beast Microsoft has blamed two young girls for killing Santa. Now that it has pulled the plug on its oral-sex-obsessive MSN bot, the firm's spinners have tried to deflect scrutiny of its sloppiness by claiming that the outrage was caused by users. Our story of how Santa turned nasty has been picked up by the AP newswire. It means Microsoft's lies over the affair are set to appear in papers and on news channels all over the world. Here's the whopper that Microsoft spokesman Adam Sohn told AP: "It's not like if you say, 'Hello Santa', he's going to throw inappropriate stuff at you." Erm, yes it is, Adam. It's pretty much exactly like that. When we innocently asked him to eat something, Santa said: "It's fun to talk about oral sex, but I want to chat about something else." The slapdash job Microsoft did on the supposedly festive chat agent was revealed when Reg reader Iain's nieces offered Santa some pi…

Coal and Iron ore stocks to rise by 20% by 2008

BHP Billiton Ltd. led mining stocks higher after JPMorgan Chase & Co. said coal and iron ore producers may climb about 20 percent next year today Coal and iron ore are in much demand in developing countries like china and india , whose economy is growing at a phenomenal rate at the moment.Miners of coal and iron ore may jump next year, outperforming other natural-resource stocks, as price gains and supply shortages boost returns, JPMorgan's asset management unit said yesterday.Some Coal Facts1. Coal is the largest single source of fuel in the world for the generation of electricity.
2. 75%of coal is used for the production of electricity.
3. The USA consumes about one billion tons of coal each year
4. China and India use about 1.7 billion tons annually
5. Coal is the fastest growing energy source in the world
6. China was the top producer of coal with almost one-third world share
7. US is the second largest producer of coal
8. The largest exporter of coal is Australia.
9. Coal is f…