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Showing 181 - 190 of 254 results for "Bankrupt"

Market Wrap - Morning

AAP  |  FRIDAY, 1 MAY 2009
The Australian sharemarket is expected to open slightly higher after mixed trade on Wall Street and strong gains in Europe. At 0658 AEST on the Sydney Futures Exchange, the March SPI futures index was up eight points at 3,774. In economic news on Friday ...

Market Wrap - Morning

AAP  |  TUESDAY, 28 APR 2009
The Australian share market is expected to open flat after investors in the US and Europe turned cautious on the impact of swine flu. US stocks fell slightly while European and Asian markets recorded modest gains. At 0733 AEST, on the Sydney Futures ...

Rated AAA

BENJAMIN ONG  |  MONDAY, 27 APR 2009
... not the first time. Wikipedia notes that 'Enron's rating remained at investment grade four days before the company went bankrupt, despite the fact that credit rating agencies had been aware of the company's problems for months.' This was back in 2002. ...

Market Wrap - Morning

AAP  |  FRIDAY, 24 APR 2009
The Australian share market is expected to open higher after US stocks gained overnight as financials gained on a strong profit result from PNC Financial Services. Gold miners are likely to gain after the price of the precious metal increased. At 0739 ...

Computershare buys bankruptcy expert

RUTH LIEW  |  WEDNESDAY, 18 MAR 2009
ASX listed Computershare is looking to cash in on bankruptcy administration with its latest acquisition of US-based Kurtzman Carson Consultants. KCC is a claims and noticing agent that provides administrative support services and technology solutions ...

Market Wrap - Midday

AAP  |  FRIDAY, 6 MAR 2009
The Australian share market was trading about 1.5 per cent lower at a five-and-a-half-year low after sharp plunge on Wall Street took US stocks to levels last seen in 1997. At 1200 AEDT, the benchmark S&P/ASX200 index was down 52 points, or 1.63 per ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 MAR 2009
The Australian share market is expected to open lower with US and European markets falling heavily on more negative economic news and uncertainty over aggressive interest rate cuts in Britain. At 0820 AEDT on the Sydney Futures Exchange, the March SPI ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ...

Planners to face cashflow crunch

MICHELLE BALTAZAR  |  FRIDAY, 13 FEB 2009
Small-to-medium size financial planning firms risk bankruptcy if they don't quickly adjust their cashflow needs to suit today's realities, and the earlier they talk to their banker about needing extra help, the better, said one banking specialist. Malcolm ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 DEC 2008
The Australian stock market is expected to open lower after shares in the US slumped on a big rise in unemployment claims and a surprising jump in the trade deficit. Resource stocks may gain after commodity prices advanced. At 0830 AEDT on the Sydney ...