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Showing 331 - 340 of 400 results for "IRA"

Morning market wrap: Dow Jones steadies after Wednesday falls

The Dow Jones rose slightly overnight on some positive earnings results, especially in the tech sector, but the global picture was mixed as the FTSE-100 fell by 58.10 points as energy stocks were dragged lower by falling oil prices. Crude prices fell ...

ACCC to block Qantas-Air New Zealand deal

The Australian Competition and Consumer Commission (ACCC) has issued a draft decision denying Qantas' proposed acquisition of 22.5 per cent of Air New Zealand, describing it as "very anti-competitive and not in the public interest." If the proposed ...

ANZ predicts 4% Australian economic growth in 2004

ANZ today predicted that the Australian economy will grow by 3 per cent for 2003 and by 4% for 2004, slightly higher than the forecasted average for world economic growth of 2.9% in 2003, and 3.9% for 2004. But Financial Standard Chief Economist Dr ...

Morning market wrap: US shares fall as war nears conclusion

Shares in the US fell overnight as any boost from the toppling of Saddam Hussein's regime in Iraq was replaced by caution ahead of the start of the US quarterly reporting season. The index gave up 100.98 points, reflecting the negative sentiment in ...

Afternoon market wrap: Heavyweight pummels index lower

The sharp decrease in the blue chip's share price followed the announcement that it had sealed a $6 billion pay TV in the US. The other big news of the day was the decision (albeit in the form of a draft proposal) of the ACCC to block the Qantas-Air ...

Midday market wrap: Air New Zealand loses 3.5% after ACCC verdict

The All Ordinaries continued to slide lower, dragged down by heavyweight News Corporation after it sealed a $6 billion pay TV deal in the US. The stock was a hefty $0.84 lower at lunchtime. Air New Zealand was another loser, dropping $0.02 to $0.41 ...

Qantas to cut 1,000 jobs by June 30

Qantas Airways today announced that it would reduce its staff by 1,000 employees between now and June 30 as it reacts to lower passenger numbers due to the war in Iraq, the outbreak of the Severe Acute Respiratory Syndrome (SARS) and prevailing economic ...

Morning market wrap: Spectre of peace hangs over market

With the war in Iraq apparently moving rapidly to its conclusion US shares were running out of steam, as investors were no longer able to point to positive screen headlines as a reason for stronger sentiment. Instead, economic realities in a post-war ...

Hedge funds underperform broader indices in March: Hennessee

Hedge funds returned 0.62 per cent in March, lower than the broader equity market return of 1% on the S&P 500 index and 1.28% on the Dow Jones Industrial Average, according to the Hennessee Hedge Fund Index. Hedge funds have now returned 1.09% since ...

Midday market wrap: All Ordinaries marks time

The All Ordinaries index was virtually unchanged at lunchtime despite the increasing likelihood that the war in Iraq will not last much longer. Airlines stocks were among the winners, reflecting the gains of their US counterparts on Wall Street overnight. ...