News
Real Madrid named most valuable football team
Real Madrid has been named the most valuable football team ahead of Barcelona at $3.44 Billion. The teamposted a revenue of $675 million and operating income of $172m in 2012-13. Other teams in the top ten include Bayer Munich. There was no mention of Sydney United or Dinamo Zagreb in the ranking.
Alibaba to list in US
Alibaba has announce that it will file for an IPO in the US. Alibaba is a large e-commerce company from China. They chose New York over Hong Kong. The IPO is set to raise $1Billion.
AUD up nearly a cent in late trade
The Australian dollar is up by over $0.0080 in later trade. The 1% rise comes after the RBA kept interest rates on hold. Whilst the Reserve Bank indicated stability in the AUD the general sentiment is that interest rates will rise by the end of the year. The ABS also reported a continuing trade surplus […]
Only two more weeks for new jigsaw mats stock
There are only two more weeks to go for our 40mm jigsaw mats to arrive. We currently have over 600 mats on the high seas. They will be allocated on a first come first serve basis. So be sure to reserve your mats. Not to fear though. If you miss out on these we will […]
Overview of the Markets
A week of high impact data concluded on Friday night with the much anticipated Non-Farm Payroll report from the USA. The numbers did not disappoint, as employers boosted payrolls by the most in 2 years and the jobless rate plunged to the lowest since the collapse of Lehman Brothers. The report beat the expected number […]
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