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Showing 271 - 280 of 461 results for "SUBD"

Public pension deficit exceeds $1trn

MARK SMITH  |  TUESDAY, 16 OCT 2012
The 100 largest US-based public pensions face a funding deficit of $1.2 trillion, $300 billion more than the pension providers have reported themselves, according to a new study by Milliman. The consulting and actuarial firm's first Public Pension Funding ...

Market Wrap

AAP  |  FRIDAY, 28 SEP 2012
SYDNEY, Sept 28 AAP - Australian stocks have opened marginally weaker as investors had a subdued reaction to the Spanish government's plan to slash the nation's deficit. At 1015 AEST on Friday, the benchmark S&P/ASX200 index was down 12.8 points, or ...

Big Ben brings in the heavy guns

BENJAMIN ONG  |  FRIDAY, 14 SEP 2012
There's no mistaking the jubilation in financial markets after our 'bestie' forever, Ben gave them what they expected... and then some. Moving on up. The S&P 500 and the Dow lifted by 1.6% overnight -- bringing the respective index levels just 6.7% ...

Call for change follows Perpetual 57% profit fall

BEN COLLINS  |  THURSDAY, 30 AUG 2012
Perpetual needs more accelerated and fundamental change, said chief executive and Managing Director Geoff Lloyd, after announcing the group's $26.7 million net after tax profit - a 57% fall on the previous year. A group-wide cost reduction program in ...

Market Wrap

AAP  |  TUESDAY, 21 AUG 2012
The Australian market looks set to open flat following a non-descript finish on Wall Street overnight and European bourses fell after Germany and the European Central Bank dampened hopes for powerful action to fix the eurozone debt crisis. At 0759 AEST ...

CBA posts good profits despite volatile markets

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
The Commonwealth Bank Group has posted a $7.09 billion full year profit - which represents an 11 % increase on the previous year as at June 2012. The Commonwealth Bank's (CBA) cash profit of $7.11 billion was up 4% on the previous year. The bank's customer ...

Market Wrap

AAP  |  THURSDAY, 9 AUG 2012
The Australian market looks set to open higher. At 0800 AEST on Thursday, the September share price index futures contract was up six points at 4,287. In economic news on Thursday, the Austalian Bureau of Statistics (ABS) is due to release July's Labour ...

Market Wrap

AAP  |  MONDAY, 30 JUL 2012
The Australian sharemarket has opened more than three-quarters of a per cent higher after the head of the European Central Bank (ECB) said it would do everything possible to preserve the euro. At 1016 AEST on Friday, the benchmark S&P/ASX200 index was ...

Market Wrap

AAP  |  FRIDAY, 27 JUL 2012
The Australian sharemarket has opened more than three-quarters of a per cent higher after the head of the European Central Bank (ECB) said it would do everything possible to preserve the euro. At 1016 AEST on Friday, the benchmark S&P/ASX200 index was ...

Market Wrap

AAP  |  FRIDAY, 27 JUL 2012
The Australian market looks set to open higher after Wall Street and European bourses rose strongly after the European Central Bank chief Mario Draghi pledged full support for the euro. At 0800 AEST on Friday, the September share price index futures ...