The Australian stock market on Wednesday will try to put away the lacklustre sentiment generated by the U.S. and European indices overnight with a focus on a few earnings reports due to be released today.
Reports from one of Australia’s biggest banks, the Commonwealth Bank, is due and preliminary data indicating a cash earnings increase will likely beat expectations.
“Commonwealth Bank. The bank’s cash earnings rose 7% to $3.576 billion, beating expectations of $3.526 billion. However, its dividend was a slight miss coming in at $1.37 (+0.4%) versus forecasts of $1.41. CBA’s results will likely dictate trading in the financial space today,” IG Markets analyst Stan Shamu notes.
Australian mining companies led by Fortescue (ASX: FMG) and OZ Minerals (ASX: OZL) are also set to report their end-year results, with FMG’s solid earnings most likely to track well with its production.
Any discounts that you receive on goods or services that you purchase throughout the year can be helpful in maintaining your budget. Fuel credit cards are no exception to this rule. However, you will need to just the right credit card to increase your discounts and rewards, thereby maximizing your purchasing power and stretching your family budget.
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For consumers who don’t drive much during an average year, this may not add up to more than $20 or $30. O
Bulk stores like Costco and Sams Club do have some great deals, but that doesnâ??t mean youâ??ll always save money shopping at one of them. If youâ??re like me, three things are working against you while you push that ginormous cart
Fall prey to those pitfalls and you might end up wasting money. Shop smarter and youâ??ll not only stop wasting money â?? youâ??ll start saving a lot of it. Here are some tips for bulk-food shopping that really helped me
Having multiple bulk-store memberships ensures you get deals on different products â?? since they all carry slightly different stuff â?? but you could end up paying more than $100 each year just to get inside the store. As of De
Adam Smith was a Scottish social philosopher and broke new ground for political economy. One of the key figures of the Scottish, Smith wrote The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations. The second, typically given a shorter title of The Wealth of Nations, is regarded as his work of genius and the primary contemporary work of economics. It earned him a massive reputation and turned out to be one of the highly significant works on economics ever printed. Smith is extensively quoted as the father of modern economics and capitalism.
Smith took up social philosophy at the University of Glasgow and the University of Oxford. After graduating, he released a booming chain of public lectures at Edinburgh, which brought about his collaboration with David Hume in the Scottish Enlightenment. Smith acquired a professorship at Glasgow teaching moral philosophy, and at this time he authored and published The Theory of Moral Sentiments. He later embraced a tu

Americans spend more time on Facebook than any other destination on the Web, Nielsen said in its latest social media report.
In fact, American Internet users now devote more time to Facebook than any other site, spending a total of 53.5 billion minutes a month using the social network at home and at work. Thats more than Yahoo (17.2 billion minutes), Google (12.5 billion), YouTube (9.1 billion), Blogger (724 million), Tumblr (624 million) and Twitter (565 million) combined.
The study found that social media use was growing on mobile devices as well. Social networking app usage is up 30 percent from last year, and more than twice as many people over 55 visited sites like Facebook and Twitter on their smartphones in May 2011 than May 2010.
Nielsen also revealed that heavy social media users were more social in real life than their unplugged counterparts, too.