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Showing 91 - 100 of 109 results for "job cuts"

Market Wrap - Morning

AAP | WEDNESDAY, 19 NOV 2008

... Hong Kong share prices closed 4.54 per cent lower on Tuesday, with sentiment hit by a fall on Wall Street and fears of job cuts amid a global economic recession, dealers said. The benchmark Hang Seng Index closed down 613.64 points at 12,915.89. WELLINGTON ...

Airing the dirty sub-prime linen

SUZY MAC | MONDAY, 29 OCT 2007

... despite an market expectation of further losses, Bank of America's investment banking workforce has not been so lucky with job cuts of 3,000. Some relief to these shocks and to market confidence could come from the US Federal Reserve where a rate cut ...

Sub-prime kills UBS profits, jobs

MICHAEL HOBBS | TUESDAY, 2 OCT 2007

Investment giant UBS has announced it expects a third quarter loss of up to $760 million, job cuts of up to 1,500 for the year and up to $3.85 billion worth of write downs stemming from its sub-prime related holdings. The group has warned it expects ...

Market wrap - midday

AAP | WEDNESDAY, 11 APR 2007

... winning streak in four years, as a rebound in oil prices buoyed energy shares and Citigroup gained on expectations of big job cuts. The Dow Jones industrial average rose 4.71 points to 12,573.85, the Standard & Poor's 500 Index gained 3.78 points to ...

Market wrap - morning

AAP | WEDNESDAY, 11 APR 2007

... winning streak in four years, as a rebound in oil prices buoyed energy shares and Citigroup gained on expectations of big job cuts. Reports that Citigroup Inc will cut at least 15,000 jobs lifted the No 1 US bank's shares 1.6 per cent, supporting the ...

Daily economic round-up

PETER BELL | MONDAY, 12 MAR 2007

... beyond the $US 975 billion supplied by Morgan Stanley. The New Century stock price has fallen 90 per cent this year and job cuts have been announced. More than twenty mortgage companies have closed operations, gone bankrupt or sold their operations in ...

Daily Economic Update

... German unemployment is still close to a post-World War II record of 12 per cent reached in March this year. Furthermore, job cuts at some of the country's largest companies could see the current jobless rate of 11.5 per cent rise further and are driving ...

Market wrap

AAP | TUESDAY, 15 NOV 2005

... Telstra for the next few years, ahead of the telco's expected full privatisation in late 2006. The market expects massive job cuts to be part of plans to cut costs and stem earnings losses as Mr Trujillo enforces his vision of a "leaner" and "more efficient" ...

Market Wrap

AAP | MONDAY, 26 SEP 2005

... Hurricane Rita weakened on its approach to the US and shares in Imperial Tobacco hit record highs after the firm announced job cuts in Germany. The FTSE 100 index finished 27.9 points higher at 5413.6 points -- up 5.7 points for the week.

Standard and Poor's buys Assirt

... acquisition of St George's research business Assirt as the rating agency advances its push into managed fund research. Some job cuts are expected as Standard & Poor's fund management ratings business and ResearchChoice.com website are phased out over ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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