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Showing 4731 - 4740 of 5948 results for "Banks"

Market Wrap - Morning

AAP  |  THURSDAY, 22 JAN 2009
... afternoon trading on Wednesday, but still closed almost one per cent weaker, largely on anxiety over the health of overseas banks. The benchmark S&P/ASX200 index fell 33.8 points, or 0.97 per cent, to 3,442.8, and the broader All Ordinaries index declined ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 21 JAN 2009
... on Wall Street overnight. "As far as our market is concerned, the trend is still heading downwards," Mr Walker said. "The banks are continuing to be weak and there was also a quarterly production report from BHP Billiton today. "The only areas of the ...

Sun Hung Kai targets distressed financial firms

MICHAEL HOBBS  |  WEDNESDAY, 21 JAN 2009
... global financial sector is littered with long term investment "diamonds". The recovery fund is targeting undercapitalised banks and financial institutions with a focus on public equity securities, secondary offerings by public companies and private capital ...

Confidence yardstick rises

MICHELLE BALTAZAR  |  WEDNESDAY, 21 JAN 2009
... in July to 48.2 points last month. But the turnaround in confidence comes at a time when most, if not all, of the Central Banks around the world have lowered interest rates or handed hundred-billion dollar bail-outs to the financial sector, particularly ...

Janus banks on maths for success

RUTH LIEW  |  WEDNESDAY, 21 JAN 2009
Melbourne-based Janus Capital Asia is staying true to its quantitative analysis investment strategies to win mandates this year. John Landau, head of Australian operations at Janus Capital, there's been "a lot of strong interest" across Janus and Enhanced ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 JAN 2009
... $US41.3 billion ($A61.64 billion), the biggest ever for a British corporation. The moves in Britain are designed to insure banks against further losses and are similar to steps the US government has made to protect Citigroup and Bank of America. State ...

Magellan Global tops overseas shares manager list

MICHELLE BALTAZAR  |  TUESDAY, 20 JAN 2009
... mid-2007, when the fund was launched. Douglass said they sold out of Bank of America, Wells Fargo and Lloyds TSB when these banks were trading at or near their record-highs. Among the fund's stockpicks in consumer staples were Nestle, PepsiCo and Yum! ...

Aberdeen Financials fund rated 'three star'

MICHAEL HOBBS  |  MONDAY, 19 JAN 2009
... features a low five per cent annual portfolio turnover. Mark Daniels, Aberdeen head of Australian equities said Australian banks are better placed than many of the overseas counterparts. "Australian banks have taken a big hit and while their profits ...

Bonds no safer than houses

BENJAMIN ONG  |  MONDAY, 19 JAN 2009
... down because consumers are worried about their jobs - unemployment rose to 7.2 per cent in December (a 15-year high) - and banks are tightening lending standards. More job losses are in store as company revenues decline and production is cut back - industrial ...

Market Wrap - Morning

AAP  |  MONDAY, 19 JAN 2009
... more billion-dollar losses at Citigroup Inc and Bank of America Corp. Yet investors were also heartened by plans for both banks to restore themselves to profitability, and they were also willing to place bets on a range of consumer and industrial stocks. ...