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| | | ... Engineering giant WorleyParsons has cut its profit guidance to between $320 million and $340 million because of delays to major resources projects. As a result WorleyParsons shares plunged $2.92, or 13.1 per cent, to $19.37. MacMahon Holdings also fell ... |
| | | | ... De Gori. He said that it could be due to structural changes. "There is lots pressure from regulatory change, the GFC and major product failures such as Westpoint which have affected the reputation of planners," he said. De Gori also pointed the fact ... |
| | | | ... US research is that most members have surprisingly similar investment and retirement objectives. This highlights how "the major type of investment risk that is embedded into retirement plans is equity risk," Schaus said. Reinforcing this is that most ... |
| | | | ... Billiton lost 11 cents to $33.92, Rio Tinto dived 53 cents to $55.24 and Fortescue tumbled six cents to $3.53. The four major banks all opened in positive territory. Commonwealth Bank surged 79 cents to $73.44, National Australia Bank jumped 14 cents ... |
| | | | Only 24% of financial services execs regard information posted on LinkedIn as trustworthy, according to a study released this week. The study, carried out by recruitment agency Robert Half, polled 150 chief executives and finance directors in Hong Kong. ... |
| | | | ... territory. Primary Health Care jumped 10 cents to $5.13, CSL surged $1.44 to $64.64 and Cochlear gained $1.04 to $73.67. The four major banks also opened higher. Commonwealth Bank leapt 71 cents to $72.80, after it said its third quarter profits were ... |
| | | | ... Superannuation industry bodies have responded positively to last night's federal budget, generally agreeing that there were no major surprises. The Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos praised the government ... |
| | | | ... would be seeing a normal cycle." Netwealth managing director Michael Heine added that "dealer groups are going through a major change, as an adviser, you either have to be very big or very small and being in the middle ground is going to be very hard." ... |
| | | | ... 1,633.70, while the tech-rich Nasdaq Composite Index increased 27.41 (0.80 per cent) to 3,436.58. The gains came amid a lack of major US economic data, with stocks like Gap and Priceline advancing after favourable earnings news. LONDON - European stock ... |
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