Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2621 - 2630 of 3235 results for "April 2018"

Half-filled

BENJAMIN ONG  |  WEDNESDAY, 21 JUL 2010
Another set of dismal data again failed to get Wall Street down last night. Big-named US companies that reported their second quarter results overnight came up short of expectations and worse, some even downgraded their earnings guidance. Data out on ...

NAB granted more time on AXA bid

PRESS RELEASES  |  MONDAY, 19 JUL 2010
AXA Asia Pacific Holdings (AXA APH), AXA SA and National Australia Bank (NAB) have agreed to extend the period for NAB to address the competition commission's concerns till the end of August. The comes after all three entities announced they were close ...

US pension funds get $800m from class action

MEDIA RELEASE  |  MONDAY, 19 JUL 2010
Three Ohio pension funds have won a $840 million settlement from AIG after the insurer agreed to settle claims of accounting violations and stock price manipulation, in the tenth-largest securities class action settlement in U.S. history. Ohio Attorney ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
Goldman Sachs & Co has paid the US regulator more than $620 million (US$550 million), the largest penalty ever levelled against a financial firm, for allegedly misleading investors regarding the deals behind its sub-prime mortgage product. Goldman Sachs ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 JUL 2010
The Australian share market has received a modest negative lead from offshore markets as Wall Street traders examined the details of an overhaul of the US financial system and Goldman Sachs' settlement of fraud charges. At 0735 AEST on the Sydney Futures ...

Pause

BENJAMIN ONG  |  THURSDAY, 15 JUL 2010
h no! Wall Street has run out of puff. Wall Street ended flat overnight after seesawing for much of the trading day. In case you start getting an attack from the jitterbug once again, have no fear... nothing much has really changed. After six days of ...

Market Wrap - Morning

AAP  |  THURSDAY, 15 JUL 2010
Australian markets have received mixed leads from offshore trading overnight. At 0744 AEST on the Sydney Futures Exchange, the September share price index contract was 16 points lower at 4,429. In economic news, the Australian Bureau of Statistics releases ...

Westscheme overhauls intl equities portfolio

MICHAEL HOBBS  |  WEDNESDAY, 14 JUL 2010
Westscheme has released its revised overseas developed equities fund manager lineup after dropping BlackRock and State Street Global Advisors from the portfolio. The super fund appointed AQR, PanAgora, MFS and Realindex to manage $450 million in equity ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 JUL 2010
The Australian share market is set for a strong opening after Wall Street and European markets surged on encouraging corporate earnings reports in the US. At 0732 AEST on the Sydney Futures Exchange, the September share price index contract was 69 points ...

Coding error review prompts sell rating

MEDIA RELEASE  |  FRIDAY, 9 JUL 2010
Standard & Poor's Fund Services has rated the AXA Wholesale Global Equity - Core fund as a "sell" after the final review from AXA Rosenberg about the mishandling of a coding error, which ultimately led to the group founder's resignation and demotion ...