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| | | ... study found that "many companies comply with what their new and important shareholders demand" and use the redundancies in the big four banks over recent months as an example. "In a growth constrained environment the big banks have reverted to cost cuts ... |
| | | | ... overnight, which pushed up the value of the lira and helped lift sentiment surrounding emerging markets. Resources stocks were the big winners on the local market, with BHP Billiton up 44 cents to $36.75, Rio Tinto up $1.20 at $65.51, while iron ore ... |
| | | | National Australia Bank (NAB) has expanded its Asset Servicing business with two new appointments. Lachlan Allardice has been appointed as the head of Funds Management and Sub Custody and will be responsible for all fund manager, insurance and NAB's ... |
| | | | ... December? Unfortunately for emerging markets, their cries, wish, hope and prayer for salvation may be all for nought. Chances are Big Ben's finale would produce another US$10 billion reduction in Fed asset shopping this month. Emerging markets are better ... |
| | | | The Australian market looks set to open flat despite a positive lead from Wall Street which withstood a poor durable goods report and a disappointing outlook from Apple that pushed the Nasdaq into the red. At 0820 AEDT on Wednesday, the March share ... |
| | | | ... of super funds was a positive thing, as infrastructure generally requires large amounts of capital the likes of which only big funds are able to provide. It said that consolidation would happen organically, but added that it "could be accelerated by ... |
| | | | ... be across the board, you don't have a move in the Dow like that without having a response across our market," he said. The big four banks were more than one per cent lower, with Westpac down 38 cents to $30.74, ANZ down 47 cents to $30.17, Commonwealth ... |
| | | | The Australian market is set to open lower when trade resumes after the Australia Day long weekend. Wall Street fell for the fifth consecutive session overnight, as investors wait on key economic developments in the US and global economy. At 0800 AEDT ... |
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