News archive from 16 October 2013

Twitter to list on NYSE

Twitter to list on NYSE

TWITTER shares will trade on the New York Stock Exchange, documents show, shunning the tech-heavy Nasdaq which saw major problems in Facebook's market debut in 2012. An update to Twitter's filing with the Securities and Exchange Commission said today:...

 
Squirrels make the most of the US government shutdown by eating the First Lady's garden

Squirrels make the most of the US government shutdown by eating the First Lady's garden

THE latest victim of the US Government's shutdown? The gardens of the White House. Squirrels are living high on the hog thanks to the government stalemate - feasting on tomatoes from the First Lady's beloved White House garden while federal gardeners...

 
ASX chief executive Elmer Funke Kupper warns of dramatic consequences of a US default

ASX chief executive Elmer Funke Kupper warns of dramatic consequences of a US default

The chief executive of the Australian Securities Exchange has warned of "dramatic consequences" if the United States defaults on its debt obligations. While Elmer Funke Kupper believes President Obama will strike a last minute deal with US...

ABC News, 10:08 in Business
 
Mike Nahan pushing ahead with merger plans for electricity utilities Verve and Synergy

Mike Nahan pushing ahead with merger plans for electricity utilities Verve and Synergy

The Energy Minister Mike Nahan says legislation required to merge Verve and Synergy will be introduced to State Parliament this week. Verve is the electricity producer and Synergy is the retailer. The government has already brought the two utilities...

ABC News, 10:15 in Business
 

Markets Live: US impasse weighs on ASX

10:25am: After all the gloom surrounding the US debt standoff, here's some optimism by Goldman Sachs' Richard Coppleson: "I still stand by my 5600 end of year target," he writes in a note: As far as I can see our GS strategy team seem to be...

 

Markets Live: US impasse weighs on ASX

10:25am: After all the gloom surrounding the US debt standoff, here's some optimism by Goldman Sachs' Richard Coppleson: "I still stand by my 5600 end of year target," he writes in a note: As far as I can see our GS strategy team seem to be...

TheAge, 10:32 in Business
 

Markets Live: US impasse weighs on ASX

10:31am: Apple has poached Burberry CEO Angela Ahrendts to head up its retail division. Ahrendts, who will be Apple's first female executive in nearly a decade, comes with a sparkling reputation, having helped Burberyy turn its fortunes around. Apple...

 
Twitter to trade on the New York Stock Exchange

Twitter to trade on the New York Stock Exchange

Twitter shares will trade on the New York Stock Exchange, shunning the tech-heavy Nasdaq which had major problems during Facebook's market debut last year."We intend to list the common stock on the New York Stock Exchange under the symbol...

ABC News, 10:43 in Business
 
Love him or loathe him, Andrew Forrest puts heat on wealthy to do more

Love him or loathe him, Andrew Forrest puts heat on wealthy to do more

Mining magnate Andrew Forrest and his wife Nicola have made headlines with their philanthropic donation of $65 million to fund 25 student scholarships and six postdoctoral researchers.The funds have already been donated to the University of Western...

ABC News, 10:47 in Business
 
Cripps defends mine safety review

Cripps defends mine safety review

Mines Minister Andrew Cripps has rejected union concerns that a review of Queensland's mine safety regulation will lead to a decrease in safety.The review is part of a push for uniform mine safety laws across the country. The Construction, Forestry,...

ABC News, 10:54 in Business
 
What does money mean to you?

What does money mean to you?

I met a rich bloke once who answered the question like this: ''No.'' And he gave his reasons. He envied people like me with four kids, a mortgage and school fees. I had purpose. I had passion. I had a father's drive to deliver, financially, for his...

 
What does money mean to you?

What does money mean to you?

I met a rich bloke once who answered the question like this: ''No.'' And he gave his reasons. He envied people like me with four kids, a mortgage and school fees. I had purpose. I had passion. I had a father's drive to deliver, financially, for his...

 

US settlement expected to dent CSL profit

CSL also announced another buyback, this one $950 million over 12 months. Today's AGM is the first under the leadership of Paul Perreault, who replaced long-serving CEO Brian McNamee in July. Chairman John Shine thanked the Australian Shareholders'...

 
What does money mean to you?

What does money mean to you?

I met a rich bloke once who answered the question like this: ''No.'' And he gave his reasons. He envied people like me with four kids, a mortgage and school fees. I had purpose. I had passion. I had a father's drive to deliver, financially, for his...

 

US settlement expected to dent CSL profit

CSL also announced another buyback, this one $950 million over 12 months. Today's AGM is the first under the leadership of Paul Perreault, who replaced long-serving CEO Brian McNamee in July. Chairman John Shine thanked the Australian Shareholders'...

 
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