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Showing 1271 - 1280 of 2198 results for "In March"

Damned lies and (actual) stats

BENJAMIN ONG  |  MONDAY, 18 MAY 2015
... in the employment and income situation." Yes, Virginia, the labour market's improved with unemployment dipping to 3.4% in March from 3.5% in the previous month but retail spending dropped by a bigger-than-expected 9.7% in the 12 months to March that ...

Follow the money

BENJAMIN ONG  |  FRIDAY, 15 MAY 2015
... economy but the accelerating deflation in producer prices of final demand - down 1.3% (yoy) in April after being down 0.8% in March - would make the Fed lift in September instead of June (yay!). That's an extra three months for companies to refinance ...

Market Wrap AM

AAP  |  FRIDAY, 15 MAY 2015
... sales, a key part of consumer spending that drives most of the US economy, stagnated in April after rising 1.1 per cent in March. The average consensus estimate had been for a 0.2 per cent increase. Year-on-year, retail sales rose 0.9 per cent, the weakest ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
... retail spending was flat in April, disappointing expectations for a 0.2% gain and a sharp slowdown from the 1.1% gain in March. The year-on-year comparison underscores the weakness in US retail spending, down to just 0.9% in April - the slowest since ...

Chief operating officer departs legalsuper

DARREN SNYDER  |  WEDNESDAY, 13 MAY 2015
... $2.5 billion industry fund. The move was confirmed by legalsuper recently and it is understood Jacona ceased employment in March. "We can confirm that Maxine has ceased working with legalsuper. A contract appointment has been made to undertake the role ...

Former Mercer partner joins Cooper Investors

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
... launched two international funds - the Global Equities Fund in 2004 and the Asian Tiger Fund in 2007. "Most recently, in March 2014, we launched the Pensions Fund; a conservative equities fund designed to form part of an overall portfolio for investors ...

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
... confidence was unchanged at plus 3 in April and "Business conditions retraced some - but not all of the gains reported in March" (NAB). Australia's big four banks - ANZ, CBA, NAB (on a trading halt), WBC - and Telstra dragged the overall index down as ...

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
... one, not too hot, not too cold. Employment increased by 223K in April and the unemployment rate dipped to 5.4% from 5.5% in March. Good but not enough to sway the Fed to lift-off in June. This is because the April bounce in employment is regarded as ...

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
... spot" for Wall Street, said David Levy, portfolio manager at Kenjol Capital Management. The report was much better than in March, but "was not so strong as to suggest the Federal Reserve may actually raise rates next month," he said. Many economists ...

Market Wrap PM

AAP  |  THURSDAY, 7 MAY 2015
... Investors are now absorbing news that the official jobless rate has risen to 6.2 per cent in April from 6.1 per cent in March. The unemployment rate is unlikely to make much of difference to an already weak session, Phillip Capital senior client adviser ...