Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 254 results for "Bankrupt"

Market wrap Early AM

AAP  |  FRIDAY, 2 NOV 2012
The Australian sharemarket is set to rise after figures from the United States showed signs of economic recovery. US manufacturing expanded for the second straight month in October, boosted by higher demand, while consumer confidence surged to a five-year ...

Market wrap early AM

AAP  |  THURSDAY, 1 NOV 2012
The Australian market looks set to open flat after European equities fell despite a raft of largely positive company results, with trading volumes boosted by the resumption of activity in storm-struck New York. At 0630 AEDT on Thursday, the December ...

State Street profits up 23% on Lehman wind up

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
State Street, one of the world's largest providers of financial services, has announced a 23% rise in third quarter profits despite a slight fall in revenue, bolstered by claims linked to the Lehman Brothers' bankruptcy. The Boston-based bank, which ...

ESG sheds light on Sov debt crisis: AXA IM

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
... investments were caught up in the fall out from regional defaults. "It was reported this week that Sicily has just gone bankrupt - how do we deal with countries that have different regional and municipal risk structures? Maybe the north is doing better ...

Waiting on the world

BENJAMIN ONG  |  THURSDAY, 5 JUL 2012
Waiting. Waiting, waiting, waiting and waiting, waiting. Don't' you just hate it? Over the past month or so, this seems to be all that financial markets have been doing - waiting for the result of the French and Greek elections, waiting for Greece's ...

PIG now officially PIGS

BENJAMIN ONG  |  TUESDAY, 12 JUN 2012
... it needed -- 37 billion according to initial IMF estimates (upped to 60-80 bil two days later) - to recapitalise its bankrupt banks. Were it not for the Queen's Birthday holiday us, Australians all, would today be returning what we bought only yesterday. ...

A surplus in 2012/13, and then what?

BENJAMIN ONG  |  THURSDAY, 29 MAR 2012
... non-resources sectors of the economy are currently straining? Already we've seen real and anecdotal evidences of companies going bankrupt or about to, workers getting the pink slip or going to, mortgages being higher than the value of houses, etcetera. ...

Insult me, insult you

BENJAMIN ONG  |  THURSDAY, 16 FEB 2012
... line. The decision would simply be either to cover its entire deficit - even all of its national debt -- or let it go bankrupt. But it's not. There's Portugal, Spain and Italy in the queue. And if they go, the whole of Europa will burn and its embers ...

Cheque's not yet in the mail

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2012
This Greek second bailout issue has become like that 'Pringles' ad - once you pop, you can't stop. Just when we thought that all was hunky-dory with regards to the Grecian circus, errr, crisis -- that the a,-130 billion bailout "hrimata" (money) was ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 FEB 2012
The Australian dollar has moved slightly higher as markets continue to react positively to the Greek parliament's passage of fresh austerity measures. The Australian market looks set to open flat despite a positive lead from Wall Street after Greek ...