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Showing 501 - 510 of 513 results for "QAN"

Midday market wrap: Market static ahead of weekend

The All Ordinaries index was little changed during the morning session with investors unprepared to take any major positions ahead of the weekend. Doubts on the exact progress of the war on Iraq were fuelling the uncertainty. Investors have been faced ...

Midday market wrap: Global pessimism weighs down Qantas

Qantas shares fell by 4 per cent during the morning session to $3.33 as the global pessimism engulfing the airline industry weighed heavily on investors' minds. Bookings have fallen dramatically in the US, especially for international flights, and Australia's ...

Afternoon market wrap: All Ordinaries fights back

The All Ordinaries index staged something of an afternoon rally to finish just 3.40 points lower following a weaker morning session. The big banks, seen as relatively safe havens by equity investors in uncertain times, again led the way. Commonwealth ...

Afternoon market wrap: Corporate giants lead index higher

The giants of corporate Australia led the All Ordinaries index higher as investors looked for reassurance in familiar names against a turbulent geopolitical backdrop. News Corporation gained by over 4.2% to finish at $11.18, comfortably outperforming ...

Afternoon market wrap: Doubts end, war begins, News Corp rises

The US today wasted no time in moving from bellicose rhetoric to direct action by launching war on Iraq in a matter of hours after its 48 hour deadline for Saddam Hussein to leave the country had passed. Australian share prices were nudged higher as ...

Qantas cuts 1,000 jobs as war looms

John Fernando Qantas has announced that it will temporarily cut 1,000 jobs by forcing employees to take leave, The airline has announced the decision following the threat of an imminent war in Iraq which is likely to affect the airline's international ...

Midday market wrap: All Ords continues downward slide

John Fernando The All Ordinaries lost further ground in morning trading as investor confidence slipped to further lows fuelled by worries of war in Iraq. The dollar also plunged overnight along with several other currencies around the world. A combination ...

Costello cautions supers against overseas equity investments

John Fernando Federal Treasurer Peter Costello today said that he believed that it was "unwise" for superannuation funds to be investing large sums in overseas stocks, citing dramatic losses in global equity prices over the past few years. Speaking ...

Morning market wrap: Wall Street regains lost ground

Paul Cully US shares rose overnight as the index regained some of Wednesday's losses. The market was now a following a familiar pattern, with bargain hunters ready to step in as soon as spooked investors, worried by war with Iraq and higher oil prices ...

Morning market wrap: All Ords close lower

John Fernando The All Ordinaries index closed 0.86% lower as several major shares headed south. AMP lost around 6% to close at $7.25, whilst Qantas lost 4% to $3.16, and Telstra shares lost about 2% in value to close at $4.08. Meanwhile BHP Steel recorded ...