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| | | ... following the announcement its profit had slumped and its release of a new strategy involving increased staff and plans to chase online sales. The department store chain on Thursday was a further eight cents, or 3.29 per cent, down at $2.35. Sigma Pharmaceuticals ... |
| | | | ... stocks took off on Tuesday with the Dow zooming past the 13,000 mark driven by soaring bank shares, sparked by JPMorgan Chase's announcement of a huge share buyback and dividend hike. After a sharp surge higher in the final hour the Dow Jones Industrial ... |
| | | | ... members, both in and out of MySuper products, through a pooled asset test. Otherwise there is a risk that trustees will chase short-term positive results instead of holding a longer-term focus. ASFA said the trustee obligation should instead read that ... |
| | | | ... financial relief if an unforseen event was to occur," said Beer. Qantas Super annouced in December that former JP Morgan Chase exec Jane Perry would take the reigns as chief executive next month. The fund has over 33,000 member and manages around AUD ... |
| | | | ... Europe's progress toward solving its crisis. Citigroup Inc. rose 3.7 per cent, Morgan Stanley 3.1 per cent and JPMorgan Chase & Co. 3 per cent. Banks have been weighed down for months by fears about their exposure to Europe. The biggest European banks ... |
| | | | Australian shares are set to fall as world markets dropped ahead of a crucial meeting of European leaders. At 0820 AEDT on Friday, the December share price index futures contract was 67 points lower, or 1.56 per cent, at 4,216. There is no economic ... |
| | | | ... continued to profit from hopes that Europe is getting a grip on the crisis. Bank of America added two per cent, JPMorgan Chase jumped 6.1 per cent, Citigroup was up 4.4 per cent and Morgan Stanley soared seven per cent. In the tech space, Zynga said ... |
| | | | ... the agency house downgraded the ratings of 37 major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. Meanwhile, Macquarie Group had its long-term rating downgraded from A- to ... |
| | | | Former JP Morgan Chase executive, Jane Perry will take the reins as chief executive of Qantas Super next February. Perry had been with JP Morgan Chase since 2008, most recently in the role of chief executive officer, treasury and securities services ... |
| | | | ... Standard & Poor's has downgraded the ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest ... |
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