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Showing 5411 - 5420 of 8444 results for "Big"

Earnings up but jobs cut at State Street

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
Institutional financial services firm State Street today announced a second quarter increase in earnings but that was not enough to save jobs with a further 850 positions to be cut. The global job cuts come as part of an "IT Transformation" program ...

Older people seek more financial advice

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
Wealthy older men are the biggest consumers of financial advice and are far more likely to use a planner than those under age 34, or women, latest figures show. The Superannuation and Wealth Management in Australia report, released last week by Roy ...

Earnings, debt ceiling and debt

BENJAMIN ONG  |  WEDNESDAY, 20 JUL 2011
... Street up on profits, Apple surges late," beamed Reuters' headline. Oh yes, Virginia, Wall Street was not only up - it was up big time. Both the Dow and the S&P500 gained 1.6% overnight and the Nasdaq by 2.2%. Oh yes, Virginia, Apple shares soared by ...

Fidelity sees market ripe for growth investments

MATT WOODINGTON  |  TUESDAY, 19 JUL 2011
... assistance of Fidelity's fixed income team to help navigate the escalating global debt crisis. "It looks like there's some big macro clouds that will be around for a while but we think there are good quality stocks that will perform well and the brightest ...

Bigger super funds may not be cheaper for members

ALISON BEVEGE  |  TUESDAY, 19 JUL 2011
An industry super fund head has said the idea that bigger super funds are cheaper for members is unfounded. John Livanas, chief executive of $1 billion meat industry fund AMIST Super, said smaller can be better and that mergers for the sake of merging ...

Market Wrap - Midday

AAP  |  MONDAY, 18 JUL 2011
The Australian market was lower at noon, with energy and consumer discretionary stocks down, particularly News Corporation, offsetting gains among healthcare and gold-linked companies. At 1215 AEST, the benchmark S&P/ASX200 index was down 1.1 points ...

You can't handle the truth

BENJAMIN ONG  |  MONDAY, 18 JUL 2011
... Austrai's Oesterreichische Volksbanken. Reports say that these banks are just minor players in the banking sector. What no big fish? Something's fishy. The EBA stressed that the stress test was "rigorous" and "robust". Oh yes it was! They've even assumed ...

Super funds talk debt ructions and increasing pensions

ALISON BEVEGE  |  FRIDAY, 15 JUL 2011
... (funds) will be clamouring for defined income." Greg Nolan, general manager of investments at CareSuper, said it wasn't a big issue for his fund yet as it had a younger demographic than other funds. "We have $140 million in our pension product," he said. ...

Cost of living outpacing retirement incomes

ELISE BURGESS  |  FRIDAY, 15 JUL 2011
Retirement incomes need to grow by $600 per year to comfortably keep pace with rising costs of living, new figures have confirmed. Costs climbed by 1.3% in the March quarter this year from the December quarter 2010, according to the Association of Super ...

Big six use advisers for sales while clients confused on independence

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
... Management in Australia report found the product funneling trend was largely unchanged over the last three years. On average, the Big Six wealth management firms obtained 73.1% of their super products through financial planners with the same fund manager ...