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| | | ... investors should appreciate that extremely high proportions of loans to defaulting companies is still recoverable because the company then goes into a capital restructure through Chapter 11 provisions. "This is unlike what often happens in markets like ... |
| | | | ... years to LIBOR +3.0 per cent in five years. The government will purchase US$40 billion worth of preferred stocks in the company and the New York Federal Reserve will lend as much as US$52.5 billion to two new limited-liability companies that will buy ... |
| | | | ... National Australia Bank releases its monthly business survey for October. The NSW government releases its mini-budget. In company news, Insurance Australia Group Ltd and Computershare Ltd hold annual general meetings. Booz & Company releases its Australian ... |
| | | | ... mortgage funds across the industry. Perpetual's group executive income and multi-sector, Richard Brandweiner, said the company was reopening applications to the funds at the request of a number of clients. "Current market conditions are particularly ... |
| | | | ... Australian Bureau of Statistics releases housing finance data for September. SEEK reports its Employment Index for October. In company news, Orica Ltd reports annual results. Waratah Coal lists on Australian stock exchange. Seven Network Ltd and Housewares ... |
| | | | ... and AMP General Insurance Distribution. Although Blinco represented AMP Financial Planning, ASIC said that neither the company nor AMP General Insurance Distribution were aware of Blinco's bankrupt status. Blinco became bankrupt as a result of a debtors ... |
| | | | ... said. However, some SRI funds can invest these stocks if, for example, the uranium makes up less than 10 per cent of that company's revenue or if it is used for generating power and not making weapons, said Steven Sweeney, Lonsec investment analyst. ... |
| | | | ... reduced fiscal surplus from A$21.7 billion in the May Budget to A$5.4 billion should be welcomed. Reduced tax revenue - company and personal income, and lesser capital gains from investment losses would hit the surplus. But the bulk of the reduction ... |
| | | | ... points at 4,222. In economic news today, the Australian Bureau of Statistics releases labour force data for October. On the company front, News Corp releases first quarter results this morning. Companies holdings annual general meetings include Leighton ... |
| | | | ... business flexibility through the ongoing market turbulence," the group said in a statement earlier today. Initially, the company said it would raise at least $400 million but it exceeded its own expectations when it raised $50 million more than planned. ... |
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