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Showing 351 - 360 of 530 results for "Citigroup"

Market wrap

AAP  |  TUESDAY, 20 NOV 2007
... adviser for ABN AMRO Morgans Brisbane Craig Walker said the market was down for two reasons - the "sell" writedown of Citigroup due to its subprime mortgage fears, and the soft metals market overnight in London. "You can put it down to two major factors ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 NOV 2007
... added 75.2 points to 6601.3. NEW YORK - US stocks fell sharply after a brokerage downgrade of the world's largest bank, Citigroup, fuelled renewed concerns it would report more write-downs from exposure to US sub-prime mortgages. In late afternoon trade ...

Market Wrap - Morning

AAP  |  MONDAY, 19 NOV 2007
... maker Procter & Gamble Co, helping to underpin the broader market. But shares of financial services companies, including Citigroup Inc, fell on persistent worry that losses from mortgage defaults and the housing slump may worsen. The Dow Jones industrial ...

Sub-prime Godzilla tramples Japan

SUZY MAC  |  THURSDAY, 15 NOV 2007
... sized footprints on Japan's financial sector, crushing the $320 billion Mizuho merger and derailing a share-swap between Citigroup and Nikko Cordial. It's been a grim week for Japan's banking sector, with two deals that could have transformed Japan's ...

Centric Wealth appoints new directors

MICHAEL HOBBS  |  TUESDAY, 13 NOV 2007
... Management, Aristocrat Leisure, Territory Insurance Office and Trust. Prior to these positions, Davis was managing director at Citigroup and group managing director at ANZ. "We believe we have assembled a board with deep knowledge and industry experience ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 NOV 2007
... The Dow industrials rose on Monday as investors bought beaten-down shares of financial services companies, including Citigroup Inc, while a drop in crude oil prices eased fears about consumer spending. The Dow Jones industrial average was up 33.82 points ...

Market wrap - midday

AAP  |  TUESDAY, 6 NOV 2007
... driving force is the lack of a disaster overnight: there was no additional news about further sub-prime write-offs and Citigroup managed to stay intact," Mr Morrow said. "Fortescue Metals Group is very strong, a stand out performer today. "But it's hard ...

Markets shake rattle and roll

SUZY MAC  |  TUESDAY, 6 NOV 2007
... betting all we have on an interest rate hike. Sub-prime mashed the US markets again overnight. As the door closed on Citigroup's ex-CEO Chuck Prince, rumours proved true on the bank's expected additional write-downs which tallied to $11 billion. With ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 NOV 2007
... points lower at 6582.3, while the all ordinaries lost 106.6 points to 6620.1. NEW YORK - US stocks fell on Monday, as Citigroup Inc revealed losses on its subprime mortgage debt were $US11 billion and potentially growing. This hampered the performance ...

Market wrap - midday

AAP  |  MONDAY, 5 NOV 2007
... 1201 AEDT. CommSec market analyst Julianna Roadley said the Australian and Asian markets had been alarmed by news from Citigroup, in the US, which plans to take an additional $US8 billion to $US11 billion in write-downs for credit and other losses. "We're ...