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Showing 1881 - 1890 of 2385 results for "Citi"

Property re-pricing to come in waves

MICHELLE BALTAZAR  |  MONDAY, 2 FEB 2009
Super funds with high stakes in global property should brace for more pain in the asset class this year although the re-pricing is predicted to come in stages and not necessarily in the order you would expect them to, according to a new survey. Global ...

Jobs safe in Australia: ING

RUTH LIEW  |  TUESDAY, 27 JAN 2009
ING plans to axe 7,000 employees globally but its 2,400 Australian staff are expected to be spared the chop. ING released a statement yesterday that it intended to reduce its workforce by 7,000 positions in 2009 in a bid to cut costs and weather the ...

Free cash flow wins mandates

RUTH LIEW  |  FRIDAY, 23 JAN 2009
Free cash flow is a recipe for strong above benchmark returns amid turbulent times, according to Epoch Investment Partners, which recently won a $173 million mandate from Suncorp. According to Andrew McKinnon, chief executive of Grant Samuel Funds Management ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 JAN 2009
The Australian sharemarket is expected to open higher, after healthy gains in securities on Wall Street, and oil, silver and copper rose in overnight trading. At 0808 AEDT on the Sydney Futures Exchange, the March SPI futures index was 46 points higher ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 JAN 2009
The Australian stock market is likely to fall after US equities slumped more than three per cent on renewed concerns that problems in the banking industry aren't over. At 0830 AEDT on the Sydney Futures Exchange, the March Share Price Index futures ...

Obama: he's the man

BENJAMIN ONG  |  WEDNESDAY, 21 JAN 2009
So it was, so it shall be. The odds - the Dow fell in 12 out of the past 16 US Presidential Inaugurations - have prevailed. Now it's 13 out of 17. The Dow fell by 4.1 per cent and the S&P 500 dropped by 5.3 per cent as Barack Obama is confirmed as the ...

Legg Mason expands team

COMPANY RELEASE  |  TUESDAY, 20 JAN 2009
Legg Mason Australian Equities has appointed ex-Citigroup small cap expert Julian Mulcahy as portfolio manager and research analyst for Australian small companies. Mulcahy will focus his efforts on listed Australian companies that fall outside the S&P/ASX ...

LGSS fixes pricing error

RUTH LIEW  |  TUESDAY, 20 JAN 2009
The Local Government Superannuation Scheme has addressed a unit pricing error that occured in the September quarter last year, according to a fund statement. LGSS issued a statement in December noting that there had been a tax error that occurred with ...

Mercer ups ante in corporate super

MICHELLE BALTAZAR  |  MONDAY, 19 JAN 2009
The $12 billion Mercer Super Trust recruits a top sales exec from Russell and revamps its employer and member-related services to maintain its top spot in the ultra-competitive corporate trust sector. Last year, Plan for Life reported that the Mercer ...

Market Wrap - Morning

AAP  |  MONDAY, 19 JAN 2009
... they were also willing to place bets on a range of consumer and industrial stocks. The companies' fourth-quarter losses - Citi said it lost $US8.29 billion ($A12.45 billion), while Bank of America lost $US2.39 billion - were sobering reminders that the ...