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| | | ... Mr Potter said. "The worst performers are the industrial stocks... Financials are a mixed bag. At 1201 AEST, Commonwealth Bank was up 64 cents, or 1.23 per cent at $52.68, Westpac was up 14 cents, or 0.6 per cent, at $23.42, NAB was seven cents lower ... |
| | | | Europhobe. Dictionary.com defines this as "a person who dislikes Europe, its culture, and Europeans," to which we may now add, the euro. Yes Virginia, it seems most of us are turning Europhobes now. Greece gave euros a bad smell and now financial markets ... |
| | | | ... lower commodity prices and fears of spreading contagion from debt-ridden Europe. In economics news on Tuesday, The Reserve Bank of Australia (RBA) publishes the minutes of its May 4 monetary policy meeting. Treasury Secretary Ken Henry delivers the Australian ... |
| | | | AMP Horizons Financial Planning Academy has appointed former RSP Recruitment Australia director Julia Byrne as its new head of planner recruitment. Byrne assumed the new role on 11 May and reports directly to AMP Horizons director Tim Steele as a member ... |
| | | | ... by a disappointing profit outlook from Sony Corp, but the benchmark came off the day's lows as the yen weakened. Shinsei Bank fell 4.5 per cent after it cancelled a planned merger with Aozora Bank and posted a second straight year of losses, prompting ... |
| | | | ... in the US, which followed the threat of a class action against local banks over exception fees. At 1201 AEST, Commonwealth Bank was down $1.01, or 1.84 per cent, at $53.93, Westpac was 32 cents lower, by 1.27 per cent, at $24.96, NAB had dropped 56 cents ... |
| | | | ... not worth US$1 trillion anymore given the euro's decline -- includes loan guarantees on sovereign debts, European Central Bank purchases of government and corporate bonds and provision of unlimited credit to European banks. The US Federal Reserve also ... |
| | | | The Australian stock market is expected to open weaker after losses on Wall Street overnight, with a late fall in stocks, and commodities generally lower. At 0720 AEST on the Sydney Futures Exchange, the June share price index contract was 51 points ... |
| | | | ... start," Ms Saly said Every sector was firmly in the black with particular gains in energy and materials, she said. Commonwealth Bank was the weakest of the big four banks after Wednesday afternoon reports that major lenders could be facing class actions ... |
| | | | The $28 billion public sector superannuation fund, QSuper, has appointed National Australia Bank (NAB) to provide master custody and investment reporting services. The engagement of NAB's asset servicing division follows an extensive review process ... |
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