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Showing 131 - 140 of 254 results for "Bankrupt"

Bankruptcy could be bliss

BENJAMIN ONG  |  MONDAY, 13 FEB 2012
"Don't go talking too loud, you'll cause a landslide, Mr. Jones." - The Bee Gees, New York Mining Disaster The optimism that warmed financial markets for the best part of the first six weeks of 2012 has been dented by the comeback of the European sovereign ...

Market Wrap - Morning

AAP  |  MONDAY, 13 FEB 2012
SYDNEY - The Australian market looks set to open almost half a per cent lower as jittery investors await the outcome of the Greek parliament's crucial vote on a 130-billion-euro ($A160 billion) bailout deal to stave off bankruptcy. At 0630 AEDT on Monday ...

Happy days

BENJAMIN ONG  |  TUESDAY, 24 JAN 2012
It was another day on the financial markets, another one of those happy days. Yes Virginia, commodity markets are up, equity markets are up - even for those recently credit rating snipped Eurozone bourses - and bond yields are lower - even for those ...

Artio brings high yield to Aust instos

ELISE BURGESS  |  TUESDAY, 6 DEC 2011
... one of the most misunderstood asset classes because it is senior to equity; the first loss piece when a company goes bankrupt is equity. The term 'junk bond' has created this aura around the sector that it is some riskier asset when it is not as risky ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 NOV 2011
The Australian market looks set to open lower, following mixed movements on Wall Street but a higher close on European markets despite Italy being forced to pay record rates at a bond auction and intense pressure on eurozone finance ministers to avert ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 NOV 2011
The Australian share market is set to continue its rally as world markets rose overnight on hopes of progress on Europe's debt crisis. At 0824 AEDT on Monday, the December share price index futures contract was 26 points higher at 4,104. The market ...

Derivatives broker MF Global in administration

RACHEL DAVIS  |  TUESDAY, 1 NOV 2011
Global financial derivatives broker, MF Global has been placed into administration with insolvency firm Deloitte appointed as administrator in Australia. MF Global, formerly known as Man Financial, provided exchange-traded derivatives, as well as over-the-counter ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 NOV 2011
The Australian share market fell almost 1.5 per cent by noon after the release of softer than expected manufacturing figures from China. It came after US stocks plunged on Monday amid renewed worries about the eurozone debt crisis, which claimed its ...

Market Wrap - Morning

AAP  |  TUESDAY, 1 NOV 2011
SYDNEY - The Australian market looks set to open lower, following on from Monday's local close. At 0830 AEDT on Tuesday, the December share price index futures contract was down 39 points at 4,245. In economic news on Tuesday, the Reserve Bank of Australia ...

Ausbil Dexia assures investors following European bailout

CLAIRE MCGREAL  |  TUESDAY, 18 OCT 2011
Ausbil Dexia, the Australian equities specialist partly owned by the asset management arm of troubled European bank the Dexia Group, has moved to reassure investors following news of the bank's bailout in Europe. In a statement, chief executive officer ...