News archive from 5 November 2013

Job doubts for 200 Burnie Caterpillar workers

Job doubts for 200 Burnie Caterpillar workers

More manufacturing jobs are set to go in Tasmania's north-west.Mining equipment manufacturer Caterpillar has announced it is accelerating its move offshore to its factory Thailand. The company says the move will "impact up to 200 jobs" at...

ABC News, 11:00 in Business
 

Australian shares open higher

THE Australian stock market has opened higher following a solid lead from the US and ahead of the Reserve Bank of Australia's monthly interest rate decision. RBS Morgans senior private client adviser Bill Chatterton said higher closes on the Dow Jones...

 

BlackBerry dumps sale plan, CEO steps down

BlackBerry said CEO Thorsten Heins is stepping down. Heins took over in early 2012 after the company lost billions in market value. John Chen has been appointed as chair of BlackBerry's board of directors and will serve as interim CEO. Fairfax head...

 

Asia powers ANZ to new highs

ANZ’s share price has risen to new record highs and is now up about 35 per cent this year. The result was powered by a 15 per cent rise in profit from the International and Institutional Banking (IIB) division, which continues to benefit from the...

 

BlackBerry dumps sale plan, CEO steps down

BlackBerry said CEO Thorsten Heins is stepping down. Heins took over in early 2012 after the company lost billions in market value. John Chen has been appointed as chair of BlackBerry's board of directors and will serve as interim CEO. Fairfax head...

 

Asia powers ANZ to new highs

ANZ’s share price has risen to new record highs and is now up about 35 per cent this year. The result was powered by a 15 per cent rise in profit from the International and Institutional Banking (IIB) division, which continues to benefit from the...

 

BlackBerry dumps sale plan, CEO steps down

BlackBerry said CEO Thorsten Heins is stepping down. Heins took over in early 2012 after the company lost billions in market value. John Chen has been appointed as chair of BlackBerry's board of directors and will serve as interim CEO. Fairfax head...

 

Asia powers ANZ to new highs

ANZ’s share price has risen to new record highs and is now up about 35 per cent this year. The result was powered by a 15 per cent rise in profit from the International and Institutional Banking (IIB) division, which continues to benefit from the...

 
Union welcomes call centre expansion

Union welcomes call centre expansion

A union has praised Vodafone for bringing 500 call centre jobs to Hobart's CBD when other companies are outsourcing.Hundreds of new workers will be based in the city centre by June as part of Vodafone's call centre expansion. The company plans to...

ABC News, 11:24 in Business
 
Business Insider boss Henry Blodget gets bathroom attendants fired

Business Insider boss Henry Blodget gets bathroom attendants fired

BATHROOM attendants who "watch clients pee" will lose their jobs after a millionaire bemoaned their existence in a blog post. Business Insider boss Henry Blodget has successfully put several low-wage employees at fancy New York restaurant...

 
Joe Hockey looking prescient as optimism makes a comeback

Joe Hockey looking prescient as optimism makes a comeback

Company profit expectations are their highest in 10 years, house prices are climbing the fastest since the start of the decade and the sharemarket has hit a five-year high. Joe Hockey is looking prescient. Back in April the then shadow treasurer...

 
Picking the best Melbourne Cup stock

Picking the best Melbourne Cup stock

Macquarie's quantitative analysts have taken the models they use to analyse stocks to pick the top ranking horses for today's race - and some of their choices might be surprising. The analysts, John Conomos, Francis Lim, Jeremy Lamplough and Werner...

 
Joe Hockey looking prescient as optimism makes a comeback

Joe Hockey looking prescient as optimism makes a comeback

Company profit expectations are their highest in 10 years, house prices are climbing the fastest since the start of the decade and the sharemarket has hit a five-year high. Joe Hockey is looking prescient. Back in April the then shadow treasurer...

 
Picking the best Melbourne Cup stock

Picking the best Melbourne Cup stock

Macquarie's quantitative analysts have taken the models they use to analyse stocks to pick the top ranking horses for today's race - and some of their choices might be surprising. The analysts, John Conomos, Francis Lim, Jeremy Lamplough and Werner...

 
Picking the best Melbourne Cup stock

Picking the best Melbourne Cup stock

Macquarie's quantitative analysts have taken the models they use to analyse stocks to pick the top ranking horses for today's race - and some of their choices might be surprising. The analysts, John Conomos, Francis Lim, Jeremy Lamplough and Werner...

 
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