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Showing 201 - 210 of 269 results for "Bank of America"

Market Wrap - Morning

AAP  |  MONDAY, 23 NOV 2009
... its third quarter net profit declined 54 per cent and revenue dropped 15 per cent. The news coming a day after a Bank of America Merrill Lynch's downgrade of eight microchip companies, including Intel and Texas Instruments, kept the market jittery. European ...

Market Wrap - Midday

AAP  |  MONDAY, 19 OCT 2009
... cents, or 1.46 per cent to $63.97. In the US on Friday, stocks ended a strong week with a flash of selling after Bank of America Corp and General Electric Co signalled that businesses and consumers still were struggling to pay off debt. The Dow Jones ...

Pleasant and nasty

BENJAMIN ONG  |  MONDAY, 19 OCT 2009
... of surprises - the nasty kind - from lower than expected profit and revenue results from General Electric and Bank of America. This again raised concerned about the health of America's consumer sector and consumer credit - a reversal from the mid-week ...

Market Wrap - Morning

AAP  |  MONDAY, 19 OCT 2009
... points, or 0.41 per cent, at 4,842.6 points. NEW YORK - Stocks ended a strong week with a flash of selling after Bank of America Corp and General Electric Co signaled that businesses and consumers are still struggling to pay off their debts. Stocks slid ...

Earnings surprise

BENJAMIN ONG  |  THURSDAY, 8 OCT 2009
... earnings. US stocks also recovered early losses on the back of reports of upgrades in the earnings outlook for Bank of America and Wells Fargo. So what's different this time? Nothing...as far as Alcoa's better-than-expected bottomline is concerned. It ...

Positive surprise beats Meredith's surprise

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2009
... that - an attack of the nerves. The financial sector is stabilising and financial companies are making profits. Bank of America, JP Morgan and Citigroup will be the next big banks reporting their earnings soon. Chances are we will witness the same result. ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 JUL 2009
... Meredith Whitney upgraded her rating on Goldman Sachs. She also said during a television interview the hard-hit Bank of America Corp was inexpensive given the assets on its books. The Dow Jones Industrial Average surged 185.16 points, or 2.27 per cent ...

CS appoints head of asset management Aus

PRESS RELEASE  |  THURSDAY, 9 JUL 2009
... alternative investments for Australia and New Zealand. He also worked in senior institutional client management roles in Bank of America Securities in New York and Merrill Lynch in Australia, US and Europe. Aside from this new role, Sedillo is also head ...

De-stressing the stress test

BENJAMIN ONG  |  THURSDAY, 7 MAY 2009
... Street hates uncertainty. This tactic eliminates uncertainty at best and lessens it at worst. Who now cares if Bank of America - as rumoured - failed the test and would need to raise an additional US$34 billion in capital? Who now cares if - as rumoured ...

Rothfield heads ML economics

COMPANY RELEASE  |  WEDNESDAY, 6 MAY 2009
John Rothfield has been named head of Australia Economics for Bank of America and Merrill Lynch. A native of Australia, Rothfield will relocate from San Francisco to Sydney. For the past 15 years, Rothfield has worked in Bank of America's Global Foreign ...