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| | | The Australian share market has opened lower as two major banks trade ex-dividend. The federal budget, unveiled on Tuesday night, was fairly positive for businesses and had little consequence for the share market, Commsec market analyst Juliana Roadley ... |
| | | | ... cent) to 16,715.44, while the S&P 500 added 0.80 (0.04 per cent) at 1,897.45 after breaching 1,900 for the first time. No major local economic news is expected on Wednesday, following the federal budget's release on Tuesday night. In equities news, the ... |
| | | | ... Super will be established and managed by the Commonwealth Superannuation Corporation, which is currently the trustee for the major Commonwealth schemes, including the current and past military superannuation schemes. The government will work with ex-service ... |
| | | | ... and explosives business Orica dropped 92 cents to $21.02 after announcing that its half year profit had fallen. Among the major banks, ANZ was 25.5 cents higher at $32.935, Commonwealth Bank was 61 cents better off at $79.99, Westpac had gained 27.5 ... |
| | | | ... to Dr. Marc Faber's call (yet again) that a 1987-style crisis was coming where I typed: "Not when you consider that the major world central banks promise to act if necessary to deliver sustainable growth". Again, thank goodness for small mercies. Thank ... |
| | | | ... will be in charge of creating and implementing a business strategy, as well as building strategic relationships with the major financial institutions. He will be based in Melbourne and will report to J.P. Morgan head of Australia Funds David Halifax. ... |
| | | | ... focusing on companies with sustained dividend growth. Woodford's new venture has already received significant support from major players in the industry, most notably from leading UK-listed retail platform Hargreaves Lansdown and a A£3.6 billion ($6.5 ... |
| | | | ... measures for Europe. "The possibility of that occurring (stimulus measures) appeared to fade," Mr McCarthy said. Among the major banks on Friday at 1200 AEST, ANZ fell 94 cents to $32.86 as it traded ex-dividend, Commonwealth Bank was 16 cents higher ... |
| | | | ... this statement. However, it quoted the US Congress saying that "this 'shopping around for a credible rating" culture was a major contributor to the distribution of flawed structured products leading up to and exacerbating the GFC." The association proposed ... |
| | | | ... retirement. Keating acknowledged these proposals would be politically difficult but he said retiree adequacy is looming as major issue and the government is one of the few institutions able to insure Australians across generations. "[It] requires a completely ... |
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