Bad news in China is good for BHP

Bad news in China is good for BHP

AAP BHP Billiton has lifted its full year guidance for iron ore output on a day bad Chinese economic news was good news for the mining giant. The release of weaker quarterly economic growth figures in China - including a five year low in industrial production growth - sparked predictions it would combat that with an infrastructure spending stimulus package. Shares in BHP fell after the morning r…

Australian Markets

  • Aussie shares close higher AAP - 1 hour 1 minute ago

    The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

  • Is hot market for IPOs cooling? AAP - 5 hours ago

    Car financing company Ally Financial and hotel operator La Quinta Holdings had lukewarm receptions for their recent IPOs. La Quinta priced its shares at $US17 each, lower than its expected range of $US18 to $US21, which suggested less demand. Ally, the largest IPO this year, priced its shares at $US25 each, the bottom of its expected range of $US25 to $US28. Some companies delayed their IPOs last week as the stock market turned bumpy.

  • Coca-Cola and MasterCard are big market movers Associated Press - 10 hours ago

    Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Coca-Cola Co., up $1.45 to $40.18 The first global sales volume decline for ...

  • Tuesday's Top Upgrades (and Downgrades) Motley Fool - 11 hours ago

    Analysts shift stance on Pier 1, New York & Co., and PetSmart.

  • 29 Nasdaq names now in bear market territory CNBC - 15 hours ago
    29 Nasdaq names now in bear market territory

    As the Nasdaq nears the -10% correction level, a number of major Nasdaq-100 stocks are down even farther-bear market territory, or a loss of 20%.

  • IPOs get stepchild treatment as letdowns mount CNBC - 17 hours ago
    IPOs get stepchild treatment as letdowns mount

    The formerly hot IPO market is repricing, in what is starting to become a regular occurrence: delayed offerings and flotations below the price talk.

  • Stocks to watch at close on Tuesday AAP - Tue, Apr 15, 2014 4:19 PM AEST

    Mining giant BHP Billiton has been given until 2016 to go ahead with the expansion at the Olympic Dam mine in South Australia.

  • As Nasdaq falls, buying opportunity arises CNBC - Tue, Apr 15, 2014 1:36 PM AEST
    As Nasdaq falls, buying opportunity arises

    The Nasdaq pullback that we forecasted in January has commenced. Following its stellar 38.3 percent rise in 2013 the Nasdaq has lost momentum as the Federal Reserve further tapers its asset-purchase program. ...

  • Twitter's Lockup Holds Key to Stock The Wall Street Journal - Tue, Apr 15, 2014 6:33 AM AEST

    Amid the technology sector selloff, Twitter's recent nosedive may be one of the few actually tied to something specific: On May 5, the lockup on 489 million Twitter shares not previously eligible for sale will expire. Certainly, the social-messaging company felt compelled Monday to issue a statement saying that co-founders Jack Dorsey and Evan Williams, along with Chief Executive Richard Costolo, have no "current plans" to sell shares. Another big holder, Benchmark Capital, also doesn't plan to sell or distribute Twitter stock "before or immediately after" the lockup expiration. Altogether, they control about 20% of the company, according to Twitter's last proxy filing.

  • WebMd and Citigroup are big market movers Associated Press - Tue, Apr 15, 2014 6:32 AM AEST

    Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Edwards Lifesciences Corp., up $8.03 to $81 A court reaffirmed an earlier ruling ...

 

Company Finances

  • Nanjing 2014 Youth Olympic Games Tickets on Sale Now! Business Wire - 31 minutes ago

    NANJING, China--(BUSINESSWIRE)-- The Nanjing 2014 Youth Olympic Games (YOG) tickets are on sale from Apr 15 to Aug 15 on a first come, first served basis. For the first time at the Youth Olympic Games, the Nanjing 2014 Youth Olympic Games Organizing Committee (NYOGOC) is offering special “Family Package” tickets. A limited amount of Family Package tickets will be on sale from Apr.15 to Jun.15. In order to attract more families to enjoy the Youth Olympic Games, the Nanjing 2014 YOG are offering two and three-person "Family Package" tickets.

  • Bold, Contemporary Cookbook Dishes Up Recipes for a Healthy, Balanced Lifestyle GlobeNewswire - 37 minutes ago

    DALLAS -- With the release of her first cookbook "Shahla's Kitchen, Cooking with Fire and Ice: Recipes for Balanced Energy and Healthy Living" (Brown Books Publishing Group), rising star Shahla ...

  • BigOption Launches Its Exclusive Binary Options Auto Trader Service GlobeNewswire - 3 hours ago

    LONDON, UK -- via PRWEB - BigOption launches its exclusive Auto Trader, a fully automated trading robot, designed to help binary options traders yield higher return on their investment. In its well-meaning ...

  • GM sales eyed for impact of ignition switch recall Associated Press - 7 hours ago
    GM sales eyed for impact of ignition switch recall

    As General Motors shows off its newest cars and trucks in New York this week, analysts are watching for signs that consumers are shying away from the ones sitting on dealer lots. Many expect GM sales to ...

  • Final Glance: Restaurant companies Associated Press - 9 hours ago

    Shares of some top restaurant companies were mixed at the close of trading: Brinker International Inc. fell $.12 or .2 percent, to $51.10. Chipotle Mexican Grill Inc. fell $.44 or .1 percent, to $540.54. ...

  • Final Glance: Food companies Associated Press - 9 hours ago

    Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. rose $.04 or .1 percent, to $30.87. General Mills Inc. fell $.05 or .1 percent, to $51.25. Hormel Foods Corp. fell ...

  • Final Glance: Tools and Appliances companies Associated Press - 9 hours ago

    Shares of some top tools and appliances companies were up at the close of trading: General Electric Co. rose $.11 or .4 percent, to $25.82. Snap-On rose $.64 or .6 percent, to $110.53. Stanley Works rose ...

  • Final Glance: Consumer companies Associated Press - 9 hours ago

    Shares of some top consumer companies were up at the close of trading: Clorox rose $.96 or 1.1 percent, to $89.88. Colgate-Palmolive Co. rose $.51 or .8 percent, to $66.37. Kimberly-Clark Corp. rose $.19 ...

  • Final Glance: Autos companies Associated Press - 9 hours ago

    Shares of some top autos companies were mixed at the close of trading: Ford Motor Co. rose $.14 or .9 percent, to $15.84. General Motors Co. rose $.81 or 2.5 percent, to $33.36. Honda Motor Co. fell $.12 ...

  • Final Glance: Beverages companies Associated Press - 9 hours ago

    Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR unchanged at $108.23. Coca-Cola Co. rose $1.45 or 3.7 percent, to $40.18. Dr Pepper Snapple rose $.49 ...