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Market Wrap - Midday

AAP  |  THURSDAY, 31 MAY 2012
The Australian share market remained in the red by noon on fresh concerns over Europe's debt crisis, with consumer staples stocks bucking the downward trend. At 1200 AEST on Thursday, the benchmark S&P/ASX200 index was down 51.4 points, or 1.26 per ...

Not that rainy day feeling again

BENJAMIN ONG  |  THURSDAY, 31 MAY 2012
"Here comes that rainy day feeling again, and soon my tears will be falling like rain..." (The Fortunes) Looks like I have to prefix my surname with the letters W and R for while I correctly anticipated that heightened volatility in the financial markets ...

Market Wrap - Morning

AAP  |  THURSDAY, 31 MAY 2012
... pressure with those for Spain reaching danger levels on the secondary market and Italy missing its maximum target in a bond sale. When trading wrapped up, London's benchmark FTSE 100 index had given up 1.74 per cent to 5297.28 points. In Frankfurt, the ...

Ex-MLIM chief and head of sales to lead Powerwrap

BEN COLLINS  |  WEDNESDAY, 30 MAY 2012
Maurice O'Shannassy, former head of MLIM managed accounts and ex-Blackrock and fomer NAB executive Cormac Heffernan, return to the managed accounts industry to lead Powerwrap, a relatively young outfit that this year secured Industry Fund Services as ...

ASX launches Equity OTC Clear service

LINDA HAUSKEN  |  TUESDAY, 29 MAY 2012
The Australian Stock Exchange has launched Equity OTC Clear, a new service for ASX participants to anonymously report transactions in over-the-counter equity options. The Australian Stock Exchange's (ASX) service does not require participants to lodge ...

Show me the stats

BENJAMIN ONG  |  TUESDAY, 29 MAY 2012
Think somebody forgot to remind the Australian stock market that we're still in May. Sell, sell, sell in May remember? The All Ordinaries index jumped just a few points shy of a full percent yesterday despite a negative lead in the final day of trading ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 MAY 2012
The Australian market looks set to open lower following falls on Wall Street with traders again looking to events across the Atlantic ahead of a long holiday weekend. At 0800 AEST on Monday, the June share price index futures contract was down 13 points ...

NAB expands Financial Planning team

LINDA HAUSKEN  |  MONDAY, 28 MAY 2012
MLC has named Paul Fog as Financial Planning general manager of National Australia Bank in an internal appointment. Fog will be based in Melbourne and will assume the responsibility for running NAB's salaried advice network. Fog has been acting in the ...

Market Wrap - Morning

AAP  |  MONDAY, 28 MAY 2012
SYDNEY - The Australian market looks set to open lower following falls on Wall Street with traders again looking to events across the Atlantic ahead of a long holiday weekend. At 0800 AEST on Monday, the June share price index futures contract was down ...

FINSIA appoints new president

BEN COLLINS  |  FRIDAY, 25 MAY 2012
... services sector. "We have seen Finsia develop through substantial changes in the last few years, the most significant being the sale of its education arm to Kaplan. This has provided the organisation and its members with new opportunities and challenges," ...