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| | | Investment adviser and Mercer partner Ray King has left the business and will reestablish the alternatives consultancy firm he founded in 2000, Sovereign Investment Research. King told Financial Standard he departed Mercer following the company's acquisition ... |
| | | | ... earnings, fell 2.5 per cent after announcing first-quarter results that missed market expectations. The company blamed the West Coast port slowdown and severe winter weather early in the quarter for sales that came in lower than it had forecast. Other ... |
| | | | The Australian stock market is higher, boosted by energy and retail stocks. "The energy sector is certainly the stand-out early in the session on some gains in the oil prices overnight," OptionsXpress market analyst Ben Le Brun said Woodside Petroleum ... |
| | | | The Australian stock market has bounced back after five consecutive days of falls, helped by gains in banking and mining shares. CMC Markets chief market strategist Michael McCarthy said the market is doing surprisingly well. "We have seen iron ore ... |
| | | | The Australian stock market has bounced back from last week's losses as news of further economic stimulus in China helps lift commodity prices. CMC Markets chief market strategist Michael McCarthy said the market was around half a per cent higher, with ... |
| | | | ... three cents to $58.51 and Fortescue Metals fell two cents at $2.56. The energy stocks were the weakest performers, after the West Texas and Brent North Sea oil prices dived after hitting 2015 highs. Oil and gas explorer Woodside fell 46 cents, or 1.3 ... |
| | | | As the big four banks prepare for the end of the extraordinary bull run experienced since the global financial crisis, their wealth management arms also gear up for a new era. In a more challenging market and regulatory environment, the focus for the ... |
| | | | The major banks have clawed back some losses, but continue to weigh on the broader share market. 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 ... |
| | | | The Australian market looks set to open lower after US stocks lost ground overnight. At 0651 AEST on Thursday, the June share price index futures contract was down 24 points at 5,631. Wall Street fell for a second straight session following disappointing ... |
| | | | The financial services sector has ranked number one for optimism in the latest survey of SMEs conducted by Bibby Financial Services. Conducted in March, the Bibby Barometer survey quizzed 620 smaller companies (defined as having fewer than 200 employees) ... |
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