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Market Wrap

AAP  |  THURSDAY, 11 APR 2013
... Electric (+2.2 per cent), Intel (+2.4 per cent), Merck (+2.9 per cent), Pfizer (+2.8 per cent) and Microsoft (+2.3 per cent). Top Nasdaq companies also scored. Apple was up 2 per cent and Google 1.6 per cent, while added 3.3 per cent and Micron Technology ...

2011 and 2012 Redux?

BENJAMIN ONG  |  MONDAY, 8 APR 2013

Government announces key super reforms

LAURA MILLAN  |  FRIDAY, 5 APR 2013
... concessional cap expected to reach $35,000 from July 1, 2018. "The current system penalises individuals with income below the top marginal tax rate and the reform will ensure that people are taxed on excess contributions in the same way as if the had ...

Bloomberg to make disclosure announcements via Twitter

ALEX DUNNIN  |  FRIDAY, 5 APR 2013
Social media channels can now be used for corporate disclosures as long as investors have been told which social media platform will be used, the US Securities and Exchange Commission (SEC) announced. The ruling applies to social media and other emerging ...

Wealthtrac launches cloud-based SMSF platform

MARK SMITH  |  FRIDAY, 5 APR 2013
... advisers to understand their changing needs post FoFA, with issues such as fees, compliance, and process automation being at the top of the list. We believe our new SMSF certainly meets their needs in these respects," Johnson said. Other features include ...

Market Wrap

AAP  |  FRIDAY, 5 APR 2013
... await the Mighty River Power offer documents. The NZX 50 Index rose 17.31 points, or 0.39 per cent, to 4430.16. Among the top 50 stocks, 25 rose, 13 fell, and 12 were unchanged. Turnover was $150.21 million.

CFS FirstWrap enhances corporate actions feature

MARK SMITH  |  THURSDAY, 4 APR 2013
... to the platform, including improving reporting and enhancing its listed securities research, has seen CFS Wrap reclaim the top spot in Investment Trends' platform rankings. CFS aims to build on its recent success in the platform arena with plans to bring ...

Market Wrap

AAP  |  THURSDAY, 4 APR 2013
... general, analysts noted a gloomy atmosphere owing to figures which indicated a slowdown in the huge US services sector on top of weak employment prospects in the world's biggest economy, which together raised concerns about its recovery. "US economic ...

Market Wrap PM

MARK SMITH  |  WEDNESDAY, 3 APR 2013
... the stock market. "Nine times out of 10 that will find its way into the market as long as confidence sees the light at the top of the stairs," Mr Smith said. "The market is topping up on their holdings." Making news on Wednesday, ANZ's chief executive ...

Islamic finance forum to discuss Shariah growth opps

MARK SMITH  |  WEDNESDAY, 3 APR 2013
... compliant structures. The one-day forum will bring together senior industry figures, global Islamic investors, Islamic bankers and top Shariah scholars. The topics will focus on newly created capital market opportunities in Australia and what would be ...