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Showing 91 - 100 of 115 results for %22UGL%22

RIP May

BENJAMIN ONG  |  MONDAY, 31 MAY 2010
It's a wrap! Once again, the age-old adage "sell in May then go away" re-asserted itself in 2010. It may be the "Year of the Tiger" in the Chinese calendar but for financial markets May is easily the "Month of the PIGS". With only one trading day to ...

Hold, Fold or Run

BENJAMIN ONG  |  TUESDAY, 25 MAY 2010
"Three coins in a fountain... which one will the fountain bless?" ( Frank Sinatra) It was a down day again on Wall Street overnight. It followed an up day that trailed a down day. Chances are, other markets would follow suit. But under current circumstances ...

Market Wrap - Midday

AAP  |  FRIDAY, 21 MAY 2010
The Australian stock market continued its slide at noon with fears from Europe hitting financial and resource stocks. By 1201 AEST, the benchmark S&P/ASX200 index fell 92.2 points, or 2.14 per cent, at 4,224.3 points, while the broader All Ordinaries ...

Trillion dollar kitchen sink

BENJAMIN ONG  |  TUESDAY, 11 MAY 2010
In the words of Coney Francis, "Who's sorry now?" "I tried to warn you somehow You had your way Who's sorry now..." Shocked and awed. Yes, Virginia, this was how speculators felt when they were forced to cover their short positions after the European ...

Feeding the fear

BENJAMIN ONG  |  MONDAY, 10 MAY 2010
Feeding the fear. Times like these, it's not so difficult to do. Just replace the word "Greece" with "global" in Greece sovereign crisis and what do you have? You have Global Sovereign Crisis and the attendant panic and volatility in the financial markets ...

Market Wrap - Morning

AAP  |  MONDAY, 22 FEB 2010
... December quarter. In company news, first half results are due from NIB Holdings Ltd, Challenger Financial Services Group Ltd, UGL Ltd, iiNet Ltd, and Fairfax Media Ltd. Caltex Australia Ltd reports its full year results. On Friday, the Australian share ...

Stocks and bonds agree on recovery

BENJAMIN ONG  |  FRIDAY, 29 MAY 2009
Similar economic news, opposite Wall Street reaction. Are equity investors still decoding the economic tea leaves or just marching to the beat of their own drum? For how could Wall Street have exactly opposite reactions to almost similar indications ...

Take your pick

BENJAMIN ONG  |  THURSDAY, 28 MAY 2009
The good, the bad and the ugly. Overnight news out of America had something for everybody. Take your pick. Bullish on the economy and the financial markets? Then look no further than the US National Association for Business Economics (NABE) latest survey ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
Been there, done that. More money poured and promised to be poured into the economic and financial systems have not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
In a weekend interview on ABC Television, US National Economic Council Director Lawrence Summers said "We'll see what happens" and "We'll do what's necessary." This is one of the reasons why I've turned. For once, I believe the powers that be. There ...