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Showing 11 - 20 of 25 results for "Philly Fed"

It's the headlines, you twit

BENJAMIN ONG | WEDNESDAY, 24 APR 2013

... putting the economy on firmer footing." Yes Virginia, last week the disappointing results from the Empire State and the Philly Fed surveys indicated that US growth momentum is on the slow lane. Headline: "China's Recovery Falters as Manufacturing Growth ...

A week's walk on Wall Street

BENJAMIN ONG | MONDAY, 22 APR 2013

... expectations. Thursday: S&P 500 down 0.7%. Excuses easy to find this time - index of US leading indicators dipped by 0.1% and Philly Fed index fell. Need I say more? Oh yes, the headlines also impressed on us all that United Health, Ebay, IBM, Bank of ...

May's not far away

BENJAMIN ONG | FRIDAY, 19 APR 2013

... important is that this one month's drop fits the yarn that the bright, sun shiny days are over. Same thing with the Philly Fed index. It fell to a reading of 1.3 in April from 2.0 in the previous month. While the reading still indicates expansion in ...

Spanish austerity and Chinese take-away

BENJAMIN ONG | FRIDAY, 28 SEP 2012

... course if you ignore good ol' in your face Charlie. Yes folks, he was at it again last night. Non-voting FOMC member and Philly Fed president Charles Plosser told the Wall Street Journal about his doubts over the Fed's latest move and that, "I don't ...

The pain in Spain does not fall mainly on the plain

BENJAMIN ONG | THURSDAY, 27 SEP 2012

... desperately trying to stay as one, and what do we get? We get a problem Houston. That central banker is no other than Philly Fed president Charlie Plosser who commented yesterday that, "We are unlikely to see much benefit to growth or to employment from ...

Fundamentally challenged

BENJAMIN ONG | FRIDAY, 22 JUN 2012

... by only 2,000 to 387K last week, disappointing expectations (for the seventh consecutive week) for a 380K print. The Philly Fed index showed that the contraction in the mid-Atlantic manufacturing sector deepened in June, the index dropped to minus 16.6 ...

Dickens on Wall Street

BENJAMIN ONG | MONDAY, 23 APR 2012

... sales and the leading index rose by more than expected but jobless claims, industrial production, the Empire State and Philly Fed indexes and housing disappointed. Microsoft, General Electric, Bank of America and Morgan Stanley topped earnings estimates ...

It's all in the spin

BENJAMIN ONG | FRIDAY, 20 APR 2012

... 400K mark - you know the one, the level at which the unemployment rate rises or falls - or that at a positive 8.5 the Philly Fed index remains in expansion territory. And oh, the divers so forgot to mention too that the US leading indicator increased ...

Dam Aussie

BENJAMIN ONG | FRIDAY, 17 FEB 2012

... out of America last night. They were all better than what most expected. Yes, one hundred percent all. Have a look: Philly Fed Business Outlook: Business activity +10.2 in Feb from +7.3 in January. Plus 9.5 expected. Initial Jobless Claims: -13K to 348K ...

Not so wrong

BENJAMIN ONG | FRIDAY, 20 JAN 2012

... four-week average down to 379,000 - indicating continued strength in the labour market. The employment component of the Philly Fed's manufacturing survey also provides the same indication. It increased to 11.6 in December -- the highest level since May ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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