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| | | ... September quarter. In equities news, Commonwealth Bank of Australia holds its annual general meeting, as a precursor to banks' earnings season. The other three of the big four banks are due to report annual results during the week. Takeover target Perpetual ... |
| | | | ... lent them money to invest in the schemes. Investors have asked the Federal Court to set aside loans they took out with the banks for Great Southern investments and be reimbursed for all costs. Great Southern offered investment opportunities in many areas ... |
| | | | ... share. Shares in ASX traded last at $A34.96, before entering a trading halt late on Friday. At 1201 AEDT, the four big local banks were stronger. NAB was up 56 cents, or 2.29 per cent, at $25.04, Westpac was up 43 cents, or 1.92 per cent, at $22.86 ... |
| | | | ... forcing up interest rates. Halmarick rejects the crowding out thesis, arguing that superannuation funds, foreign central banks, and local banks could easily absorb increased bond issuance without pushing up borrowing costs. Only 2 per cent, or less than ... |
| | | | ... fact, the index reconstitution added eight new high-yield stocks within these categories and there was a move away from banks and into real estate investment trusts (REITs), in particular Stockland, Mirvac and CFS Retail Property Trust. "Yields on REITs ... |
| | | | ... the resignation of Ray Ozzie, MSFT's chief software architect and Bill Gate's nominated successor. There was bad news for banks. Bank of America shares sold off on reports that PIMCO, BlackRock and the NY Federal Reserve Bank were seeking to force the ... |
| | | | ... many excellent financial planners. But the financial planners who follow such guidelines and who are tied to the six mega banks can act deplorably. Their actions put the whole industry in a bad light, and rob it of credibility," he said. The NTAA represents ... |
| | | | ... trying to address it." So now all we have to do is sit, relax and wait for QE2 to sail our way. The Fed and other central banks would now come to fill in for the job that the bond vigilantes prevented their fiscal counterparts from completing. Yes, I ... |
| | | | ... releases its September quarter production report. On Monday, the Australian share market closed weaker, dragged lower by banks and miners, as investors remain cautious about the US economic outlook. The benchmark S&P/ASX200 index finished down 37.1 points ... |
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