business / Finance
'Senate Six' Could Sink Small BusinessThe latest proposals are a disaster for enterprises of all kinds.
Forbes Wednesday, September 09, 2009Sharemarket stronger at noonTHE sharemarket was holding its ground at noon after opening moderately higher, with resources stocks leading the way on higher commodity prices.
The Australian Wednesday, September 09, 2009First-Time Home Buyer Tax Credit AuditsThe federal government has initiated a host of programs trying to rev up the government. From Cash for Clunkers to the First-Time Home Buyer tax credit, these programs have in fact revved up the auto and real estate markets. Alas, the IRS is
starting to take a keen interest in those claiming the first-time home buyer tax credit and is, in fact, starting to audit returns where the credit claim is questionable.
E-Zine Wednesday, September 09, 2009Saudi bourse falls by 0.73%The Saudi Arabian exchange closed 0.73% lower at 5,712.95 points on low trading volumes. AXA Cooperative Insurance Co. extended its gains from previous days and closed as a top gainer of today at SR40.90 (up 9.95%). Saudi Hollandi Bank dipped three per cent lower (closing at SR32.60) after rating agency Capital Intelligence downgraded the bank from A to A-. [AMEInfo.com]
AME Wednesday, September 09, 2009Abu Dhabi index breaks 3,000 pointsThe Abu Dhabi market ADX advanced for the fifth consecutive day and closed 1.38% higher at 3,018.38 points with Dhs264,053,192 value traded. Fujeirah Building Industries PSC led the list of the 20 ADX gainers today, ending at Dhs1.98 (up 10%). Consumer and industry shares performed weaker. Ten stock declined and seven remained flat. [AMEInfo.com]
AME Wednesday, September 09, 2009Nasdaq Dubai posts profitsShares of Australia's Boulder Steel jumped 9.9% higher, closing at $0.216. Market bellwether DP World added 4.22% and is now priced at $0.445. Dubai Gold Securities closed at $99.80 (off 0.89%). Some 5.22m shares changed hands at the Nasdaq Dubai. The Middle East's only international securities market saw its equities trading volumes climbing to 175m shares in August 2009, up 80% from 97m in the same period last year, the exchange reported. [AMEInfo.com]
AME Wednesday, September 09, 2009Cadbury blocks bidBRITISH chocolate maker Cadbury wants a sweeter offer than Kraft Foods' $US16.7 billion $19.39 billion stock-and-cash proposal.
The Australian Wednesday, September 09, 2009Storm victims stung againSTORM Financial victims have been stung all over again by the bank at the heart of the disaster - they have been slugged with "adviser service fees".
The Australian Wednesday, September 09, 2009Uranium soars on speculationURANIUM stocks soared yesterday amid strong speculation that a bidding war was set to erupt for control of Perth-based junior explorer, Energy Metals.
The Australian Wednesday, September 09, 2009Martha, You Look Lovely For A Swing TradeShares of Martha Stewart Living Omnimedia have doubled since July and look rejuvenated after falling back for a few days.
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