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Showing 211 - 220 of 254 results for "Bankrupt"

Telstra Super eyes distressed debt

MICHAEL HOBBS  |  WEDNESDAY, 30 APR 2008
Telstra Super has committed more funds in distressed debt strategies in the past six months, echoing industry sentiment that the time may be ripe to look at assets hit by sub-prime. Nicole Connolly, Telstra Super portfolio manager for alternative assets ...

Market Wrap - Midday

AAP  |  FRIDAY, 7 MAR 2008
... St were exacerbated when shares in mortgage lender Thornburg Mortgage Inc dropped 51 per cent on worries it might go bankrupt. Back home, investment bank Citigroup slapped a "Sell" recommendation on National Australia Bank Ltd (NAB) today after the country's ...

India: a country within a country

ALEX DUNNIN REPORTING FROM MUMBAI AND NEW DELHI AT THE INAUGURAL AUSTRALIA INDIA FINANCIAL FORUM  |  THURSDAY, 22 NOV 2007
... dramatic transformation into the modern economy is even more remarkable given its socialist past and the fact it was almost bankrupt just five years ago. "We used to have great faith in socialism especially when Indira Gandhi was Prime Minister. But ...

Market wrap - midday

AAP  |  WEDNESDAY, 21 NOV 2007
Australian shares traded in a small range this morning, leaving them marginally down at midday after a weak lead from the US and a rise in oil and gold prices. At 1200 AEDT, the benchmark S&P/ASX200 index was 13.6 points lower at 6411.8, while the All ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 NOV 2007
The Australian share market is expected to open higher on a positive US lead. At 0808 AEDT on the Sydney Futures Exchange, the December share price index was up 32 points at 6491. Today, the Australian Bureau of Statistics releases new motor vehicle ...

Australia versus economic escargot

SUZY MAC  |  TUESDAY, 25 SEP 2007
France may be broke according to its Prime Minister, who has been airing his financial dirty linen in Corsica, but Australia by all reports is a fiscal high achiever. During a trip to Corsica, France's Prime Minister, Francois Fillon made the unpopular ...

Councils exposed

SUZY MAC  |  THURSDAY, 23 AUG 2007
Almost a year ago, when local councils started developing an appetite for Collateralised Debt Obligations (CDOs) after tasting their higher yields, concerns were raised over their involvement these kind of riskier investments. Now, with many CDOs exposed ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 AUG 2007
The Australian market is expected to open with sharp losses, as weak base metal prices and the slide on Wall Street take their toll. At 0700 AEST, on the Sydney Futures Exchange, the September Share Price Index was down 79 points at 5702. In Economic ...

NZ investors hooked on high yield

... and New Zealand. One way investors can find out whether a financial institution is financially stable or likely to go bankrupt is to check out the credit ratings information from ratings agencies such as Moody's or Standard & Poor's. "A common misconception ...

Bank on high quality: ipac

Implemented consultant ipac Securities predicts the 'next big thing' in global shares will be the 'old big thing' after it found that the relative valuations of high quality stocks are now trading at 40 year lows. High quality companies, or those that ...