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| | | ... dividend and high value indexes and found the biggest dividend payouts were mining and retail companies and the four major banks. "In this period of lower growth forecasts and heightened volatility, companies are taking the prudent approach and returning ... |
| | | | ... CSL Ltd also down 2.3 per cent to $29.34. Financial stocks were also hit hard, falling by 1.9 per cent. All major retail banks shed value, with Commonwealth Bank down 1.5 per cent to $43.21 and Westpac 2.1 per cent lower at $19.09. National Australian ... |
| | | | ... Facility (EFSF) to a,-440 billion and give it new powers to purchase sovereign bonds in the secondary market, recapitalise banks, offer precautionary lines of credit to governments and raise Germany's contribution guarantee by 71.5% to a,-211 billion ... |
| | | | ... and Europe's leaders would move ahead with a confidence-building second bailout of Greece and also strengthen the region's banks. Bond prices rose. The 10-year Treasury bond yield was at 1.96 per cent compared to 2.00 per cent late Wednesday, while the ... |
| | | | ... the CNBC report quoting an unnamed EU official saying that a plan to leverage the EFSF - up to eight times - recapitalise banks and issue Euro bonds is ready to go and is just waiting for approval. Just ask the UK Telegraph. It quoted German finance ... |
| | | | ... Stability Facility - for debt-mired Greece and other faltering countries on Thursday (German time), they still feared local banks' indirect exposure to contagion in the absence of firm consensus on a bailout. "Why we're still very nervy is that there ... |
| | | | ... all began when CNBC quoted an unnamed EU official saying that a plan to leverage the EFSF up to eight times, recapitalise banks and issue Euro bonds is ready to go and is just waiting for approval. However, EU officials later denied that the plan even ... |
| | | | ... leads throughout the week," he said. The local financial sector was also 3.54 per cent higher, with all the major retail banks gaining ground. National Australia Bank was the strongest performer, up 4.8 per cent to $22.17. Making news on Tuesday, Telstra ... |
| | | | ... gossips on rumours out of Europe, has a more concrete plan of attack. It is three-pronged. (1) recapitalisation of European banks to the tune of "tens of billions of euros" to provide a "firebreak" around Greece, Portugal and Ireland and prevent the ... |
| | | | ... the open, but rallied on speculation that the French government was drawing up plans to recapitalise the country's ailing banks, amid persistent worries over their exposure to Greece. The euro sank to $US1.3363, hitting the lowest point since January ... |
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