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| | | Superannuation members in the post-retirement phase should have exposure to lower volatility, income paying stocks, according to Investors Mutual investment director Anton Tagliaferro. Traditional investment theory dictates that as investors grow older ... |
| | | | Australian shares are a little weaker as the market follows Wall street into negative territory. Still, IG market strategist Chris Weston said, the futures market had been expecting an even worse session in the US, where the broad-based S&P 500 finished ... |
| | | | Australian stocks are lower at noon, with all the major sectors falling amid broad-based selling. The local market opened lower as investors took their cues from a weak finish on Wall Street after US Federal Reserve chairman Ben Bernanke suggested the ... |
| | | | ... April rose half a per cent to $652.5 million. Myer was down four cents, or 1.44 per cent, at $2.73. In other news, Seven West Media said private equity firm KKR sold its 12 per cent stake in the diversified media house for $2.21 a share, a three per ... |
| | | | Rothschild's Merchant Banking arm has soft-closed its Five Arrows Credit Solutions (FACS) fund at a,-235 million after seeing strong inflows from family office, high net worth and global institutional clients. The private debt fund is focused on the ... |
| | | | The Australian market looks set to open lower despite gains on Wall Street ahead of US Federal Reserve chairman Ben Bernanke's testimony in Congress. At 0646 AEST on Wednesday, the June share price index futures contract was down six points at 5,186. ... |
| | | | ... National Australia Bank gave up 23 cents to $33.14, while ANZ relinquished 53 cents to $29.70. Making news on Tuesday, Seven West Media has appointed Tim Worner as the diversified publishing firm's new chief executive. Mr Worner, the boss of the group's ... |
| | | | Australian stocks are firmer at noon, with the banks and miners leading the broader market higher. The local market opened the new trading week up about 0.75 per cent and extended gains through the morning, as investors took their cues from a positive ... |
| | | | Morningstar Australasia has appointed Guy Callaghan as Melbourne-based business development manager to further enhance the firm's sales and client relationship management efforts. "We're working with an increasing number of dealer groups, brokers, institutions ... |
| | | | The Australian market was higher at noon due to strong gains from the mining giants. RBS Morgans Brisbane senior client adviser Bill Chatterton said resources stocks were performing well but mining services companies were experiencing falls after WorleyParsons ... |
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