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| | | Another set of dismal data again failed to get Wall Street down last night. Big-named US companies that reported their second quarter results overnight came up short of expectations and worse, some even downgraded their earnings guidance. Data out on ... |
| | | | The Australian stock market has received a positive lead from offshore markets, after Wall Street closed higher and commodities prices ended firmer. At 0745 AEST on the Sydney Futures Exchange, the September share price index contract was 41 points ... |
| | | | Goldman Sachs & Co has paid the US regulator more than $620 million (US$550 million), the largest penalty ever levelled against a financial firm, for allegedly misleading investors regarding the deals behind its sub-prime mortgage product. Goldman Sachs ... |
| | | | Oil spill? Checked. Lawsuit? Checked. The resolution of these two uncertainties powered Wall Street into a positive close after spending most its trading day worrying about weak economic data at home. Oil spill plugged. BP shares surged by 7.6 per cent ... |
| | | | The Australian share market has received a modest negative lead from offshore markets as Wall Street traders examined the details of an overhaul of the US financial system and Goldman Sachs' settlement of fraud charges. At 0735 AEST on the Sydney Futures ... |
| | | | Fund managers Dalton Nicol Reid, Goldman Sachs JBWere, Hyperion, Ralton, UBS Global Asset Management (Australia) were all rated as the top SMA model portfolio providers, research shows. Standard & Poor's has named the stand out investment fund manager ... |
| | | | Stock research arms of Citi and Goldman Sachs JBWere give a thumbs up to Suncorp's new strategy to distribute risk insurance products directly through GIO, AAMI and APIA while continuing to develop its financial advice channel business. Geoff Summerhayes ... |
| | | | And so it came to pass... a revaluation that's not a revaluation, greater yuan flexibility that's not. Just as you've read on this space yesterday, "experts" were falling all over themselves - and then some - euphorically welcoming China's revaluation ... |
| | | | Finally! That source of international angst and condemnation, that much debated, much awaited Chinese currency revaluation is coming! It's good news for financial markets. Positive speculation abound after the People's Bank of China (PBOC) posted the ... |
| | | | The Australian share market is set to open slightly higher on Thursday as BP's agreement on a $US20 billion fund for victims of the United States oil spill lifted Wall Street to a modest gain. At 0737 AEST on the Sydney Futures Exchange, the June share ... |
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