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| | | ... said. "You'd expect to see some stop losses getting hit and some investors really moving to the sidelines. "We haven't seen a big crash below 4,000 yet, so that specific technical impact hasn't made itself felt today." More selling of risk assets dominated ... |
| | | | ... would have been not as bad if we got a good reading from the US non-farm payrolls report. But we did not. Economists missed big time. US businesses hired only 69,000 workers, almost half the 150,000 predicted by the experts. What's more, 49,000 jobs ... |
| | | | ... giving more meat to that age-old adage on Wall Street to "sell in May, then go away." Investors sold all right. They sold big time and went far, far away. How far, far away? The S&P 500 dropped by 6.3% in the month - and that's the good news. Here are ... |
| | | | ... close of $US1,548.75. Banks and financials remained firmly in the red, with National Australia Bank the worst performer of the big four banks after its stock traded without a dividend on Thursday. The bank's stock plummeted $1.395, or 5.86 per cent ... |
| | | | ... continue. Yes Virginia, we got volatility all right but the optimism didn't last. Wall Street and European equities gave back the big gains they made only yesterday - and then some - as fresh polls in Greece show the anti-bailout party has regained the ... |
| | | | ... All these, despite one and all still waiting on the Greek verdict and plan X from European authorities. All these, despite Big Ben not having uttered a single QE word since. The mere fact that we've forgotten about our friend Big Ben confirms my view ... |
| | | | ... understood that ICS employed only around eight people and the closure represents the last of direct private equity investments by Big Four Australian banks. MLC's private equity fund of funds business, which operates as a manager of managers program ... |
| | | | Macquarie Group has won a mandate to manage a $582 million infrastructure fund for the Philippines government. Macquarie's Infrastructure and Real Assets (MIRA) fund will be responsible for managing the Philippine Investment Alliance for Infrastructure ... |
| | | | Australia stocks have opened weaker, with declines among the big miners leading the broader market lower. At 1036 AEST on Tuesday, the benchmark S&P/ASX200 index was down 17.8 points, or 0.44 per cent, at 4,050.2 points while the broader All Ordinaries ... |
| | | | 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 ... |
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