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Market wrap

AAP | FRIDAY, 10 MAR 2006

... stocks fell for a sixth straight day, their longest losing streak in 14 months, pressured by a sell-off in such stocks as Google. Meanwhile, lingering concerns about the potential fallout from rising interest rates on corporate profits weighed on the ...

Market wrap

AAP | FRIDAY, 3 MAR 2006

... further sent bond yields up, pressuring bank stocks like Citigroup Inc.and JPMorgan Chase & Co. On the corporate front, Google Inc shares rose after it signaled it aims to become a $100 billion revenue company and said it plans to put systems in place ...

Market wrap

AAP | WEDNESDAY, 1 MAR 2006

... with the Nasdaq and S&P 500 dropping more than one per cent, on worries about a slowdown in growth at Web search company Google and signs of weakness in the US economy. The Dow Jones industrial average was down 96.45 points at 11,001.10. The Standard ...

Market wrap

AAP | TUESDAY, 14 FEB 2006

... losses, as renewed worries about further interest-rate increases weighed on sentiment, while tech shares slid after a drop in Google. Investors are worried a speech this week from new Federal Reserve Chairman Ben Bernanke could pave the way for more ...

Market wrap

AAP | WEDNESDAY, 8 FEB 2006

... stocks dropped as a sharp slide in crude oil prices dragged down shares of energy companies and losses in Web search company Google weighed on the Nasdaq. A lower sales forecast from luxury home builder Toll Brothers, often seen as a bellwether for the ...

Market wrap

AAP | THURSDAY, 2 FEB 2006

... biggest one-day percentage gain in seven months. But technology stocks were dragged down during most of the session by Google Inc after the Web search company's earnings missed Wall Street's forecasts. At the preliminary close, the Dow Jones industrial ...

Market wrap

... stocks rose as robust earnings and positive outlooks lifted investors' hopes for a year-end rally and helped send shares of Google over the $US400 threshold for the first time. The Dow Jones industrial average was up 44.74 points at 10,719.50. The Standard ...

Market Wrap

AAP | MONDAY, 24 OCT 2005

... maker Caterpillar posted disappointing earnings and cut its profit outlook, while tech stocks gained as Web-search company Google reported better-than-expected results. Persistent worries about inflation and higher interest rates, which helped drive ...

Internet spending will catch up: Allianz Global Tech

... large gap between internet usage as a percent of people's time and internet spending." "The spending will catch up and Google, Yahoo, Ebay and Microsoft will all play pivotal roles," he says. Allianz Global's technology fund has positioned itself to ...

Google plans share auction in $3.74 million IPO lodged with SEC

Internet search powerhouse Google Thursday filed its long-awaited public share offering, proposing to raise some $US2.7 billion ($A3.74 billion) and making public some of the company's long-held secrets. The initial public offering (IPO), seen as one ...

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Invesco launches new equity fund

ELIZA BAVIN

Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA

The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA

A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI

Global X has now launched the space tech ETF (ASX: MOON).

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