Yahoo! eyes growth, youth in $1.1 bn Tumblr deal

Yahoo! eyes growth, youth in $1.1 bn Tumblr deal

AFP Yahoo! unveiled its biggest deal yet under chief Marissa Mayer on Monday, snagging blogging platform Tumblr for $1.1 billion in a move to get younger users into the orbit of the struggling Internet pioneer. ...

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Australian Markets

  • Stocks to watch early on Tuesday AAP - 31 minutes ago

    Stocks to watch on the Australian stock exchange on Tuesday, May 21: GPT - GPT PROPERTY GROUP - up four cents at $4.16 LLC - LEND LEASE GROUP - up 13 cents at $10.60 Property owner GPT Group has sold its ...

  • UPDATE 8-Oil ends higher on weaker dollar, supplies weigh Reuters Australia - 1 hour 20 minutes ago

    * Crude stockpiles still high, seen falling, Reuters poll * U.S. Fed meeting minutes released on Wednesday * Coming up: API data on Tuesday, EIA data on Wednesday (Adds settlement prices.) By Jeanine Prezioso ...

  • The #1 Threat to the Dollar Rally This Week DailyFX - 8 hours ago

    The #1 Threat to the Dollar Rally This Week

  • Governments called on to reveal resources revenue ABC - 11 hours ago
    Governments called on to reveal resources revenue

    Transparency campaigners say governments need to step up and be more open about the income they receive from their resources industries. Mining ministers from Africa and across the Asia Pacific, aid groups, ...

  • Big four banks continue record run on market ABC - 13 hours ago

    A broad-based rally in nearly every sector pushed the share market higher today, with only healthcare stocks edging lower. The market jumped at the open after another record close for Wall Street overnight, ...

  • Aust stocks close higher AAP - 14 hours ago

    Australian stocks closed stronger, pushing above one per cent during the day but easing to around half a per cent higher by the finish. Investors initially took their cues from a positive finish on Wall ...

  • Stocks to watch at close on Monday AAP - 15 hours ago

    Stocks to watch on the Australian stock exchange at close on Monday: GPT - GPT PROPERTY GROUP - up four cents at $4.16 LLC - LEND LEASE GROUP - up 13 cents at $10.60 Property owner GPT Group has sold its ...

  • US drugmaker Actavis buys Irish firm for $8.5bn AFP - 15 hours ago
    US drugmaker Actavis buys Irish firm for $8.5bn

    US drugs company Actavis on Monday agreed to buy Irish peer Warner Chilcott for $8.5 billion (6.6 billion euros) including debt, in a bumper takeover that creates a key global player. "Actavis, Inc. ...

  • Ryanair announces slight rise in annual profits AFP - 16 hours ago
    Ryanair announces slight rise in annual profits

    Irish no-frills airline Ryanair said Monday that annual profits rose slightly last year, aided by higher revenues, and hiked its traffic forecast for the current financial year. Earnings after taxation ...

  • US drugmaker Actavis buys Irish rival for $8.5 bn AFP - 16 hours ago
    US drugmaker Actavis buys Irish rival for $8.5 bn

    US pharmaceutical company Actavis on Monday agreed to buy Irish rival Warner Chilcott for $8.5 billion (6.6 billion euros) in an all-stock takeover, creating a global giant focused on women's health, gastroenterology, ...

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  • $A rallies as commodites, stocks rise AAP - Fri, Apr 26, 2013 12:46 PM AEST

    The Australian dollar has risen to its highest point in a week as commodity prices and share markets rally. At 1200 AEST on Friday, the local unit was trading at 103.30 US cents, up from 102.46 cents on ...

  • Bank of Japan boosts economy, inflation view AFP - Fri, Apr 26, 2013 9:19 AM AEST
    Bank of Japan boosts economy, inflation view

    The Bank of Japan on Friday boosted its inflation and economic growth projections for the world's third-largest economy as it eyes an end to years of deflation. The semi-annual report, which came as the ...

  • Euro Stagnation Continues Despite the Equities Rally DailyFX - Wed, Apr 24, 2013 8:04 PM AEST

    Euro Stagnation Continues Despite the Equities Rally

  • Sheila Bair QandA: Protect borrowers and banks Bankrate.com - Wed, Apr 24, 2013 5:00 PM AEST

    Sheila Bair speaking before the National Press Club in 2011. Highlights of Bair's career 1981-1988: Research director, deputy counsel and counsel for U.S. Sen. Robert Dole, R-Kan. 1991-1995: Commissioner, ...

  • Reserve Bank to buy Chinese bonds for reserves ABC - Wed, Apr 24, 2013 4:45 PM AEST

    Australia's central bank is gearing up to invest a slice of its foreign currency reserves in Chinese government bonds. Speaking in Shanghai, RBA deputy Governor Philip Lowe said the bank has sought and ...

  • RBA to invest in Chinese yuan AAP - Wed, Apr 24, 2013 4:25 PM AEST

    The Reserve Bank of Australia plans to spend up to $2 billion on Chinese yuan as the currency gains increasing importance in financial markets. RBA deputy governor Dr Philip Lowe on Wednesday said the ...

  • QE won't lock in an inflationary surge AAP - Wed, Apr 24, 2013 12:28 PM AEST

    The only thing standing between "quantitative easing" of monetary policy in the developed economies and a surge in inflation is a bunch of bankers. Do a quick trawl around the internet and you'll ...

  • Aust bonds weaken as stocks rally AAP - Wed, Apr 24, 2013 9:27 AM AEST

    Australian bond futures prices are lower after most stock markets gained ground during the offshore session. "It's just following overseas movements. Stocks market overseas had a very good night and ...

  • $A bounces back from six-week low AAP - Wed, Apr 24, 2013 7:40 AM AEST

    The Australian dollar is higher after traders went bargain hunting when the currency fell to a six-week low. At 0700 AEST on Wednesday, the local unit was trading at 102.67 US cents, up from 102.33 cents ...

  • 2 Primary Pairs Teetering at Critical Levels DailyFX - Wed, Apr 24, 2013 1:47 AM AEST

    2 Primary Pairs Teetering at Critical Levels

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Company Finances

  • Danone strikes deals to meet China's taste for yogurt AFP - 16 hours ago
    Danone strikes deals to meet China's taste for yogurt

    French food industry group Danone is ramping up its presence in the growing Chinese market for dairy products with two deals on Monday to tap sales of yogurt and health foods, the firm said on Monday. ...

  • Danone moves to satisfy Chinese taste for dairy AFP - 21 hours ago
    Danone moves to satisfy Chinese taste for dairy

    French food industry group Danone announced on Monday tie-ups in China with the aim of establishing a strong position amid growing demand for dairy products in the vast Chinese market. Danone, a world ...

  • Brand loyalty helps food firm out of pickle ABC - Mon, May 20, 2013 7:36 AM AEST
    Brand loyalty helps food firm out of pickle

    Food business Spring Gully is taking on extra staff to help cope with a boost in sales, as brand loyalty drives a financial revival. The South Australian pickles and spreads maker went into voluntary administration ...

  • China police billions spell profit opportunity AFP - Sun, May 19, 2013 7:25 AM AEST
    China police billions spell profit opportunity

    Mannequins in riot gear, armoured cars and drones line a police equipment and "anti-terrorism technology" trade fair in Beijing as vendors seek to profit from China's huge internal security budget. ...

  • Morocco to harness the wind in energy hunt AFP - Sat, May 18, 2013 11:19 AM AEST
    Morocco to harness the wind in energy hunt

    Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in 2014. The kingdom, which has ...

  • Hong Kong launches first electric taxis AFP - Sat, May 18, 2013 6:49 AM AEST
    Hong Kong launches first electric taxis

    Hong Kong saw its first electric taxis hit the streets on Saturday in a step towards reducing the city's high levels of roadside pollution. The 45 bright red cars were launched by Chinese electric vehicle ...

  • Britain's Financial Times 'hacked by Syrians' AFP - Fri, May 17, 2013 12:57 PM AEST
    Britain's Financial Times 'hacked by Syrians'

    The website of Britain's Financial Times appeared to have been hacked on Friday by the Syrian Electronic Army, a mysterious group seemingly aligned with the regime of President Bashar al-Assad. The hackers ...

  • Graincorp profits fall 34% amid takeover AAP - Thu, May 16, 2013 3:53 PM AEST

    Australia's largest grains handler has reported a one-third profit drop as regulators consider a takeover bid from an American food giant. While the earnings were weaker, Graincorp chief executive Alison ...

  • ICAC to reopen Obeid farm probe ABC - Thu, May 16, 2013 2:36 PM AEST

    Three new witnesses have come forward about issues surrounding a licence over land owned by former Labor powerbroker Eddie Obeid as a corruption inquiry into mining licences in NSW comes to an end. The ...

  • US consumer prices fall 0.4% in April AFP - Thu, May 16, 2013 2:20 PM AEST
    US consumer prices fall 0.4% in April

    US consumer prices fell 0.4 percent in April, driven by a sharp fall in gasoline and other energy prices, the Labor Department said Thursday. Food prices were barely higher and core prices -- excluding ...

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