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| | | ... came at the request of the Italian president, was intended to restore market confidence globally, with Australian stocks gaining so far today as a result. The world's eighth, and Europe's third largest economy must make savings of just over 59 billion ... |
| | | | ... soaring and US bond yields contracting. Responding to the money shifts, Reuters has reported US government bond prices gaining ground as investors flee the Italian market, the third biggest bond market in the world. "There's just a lot of confusion ... |
| | | | ... which manages over $53 billion, will provide market views for the fund. The fund started seeding at AMP Capital before gaining institutional interest which Naeimi said will hopefully lead to more mandates from the institutional market over the coming ... |
| | | | ... be looking for greater stability in fund structure, and a longer and more consistent performance track record, before gaining a higher-level of conviction in the fund and its ability to regularly outperform," said Nathan Bode, S&P fund analyst. |
| | | | ... consumer staples were the only stocks to gain ground by noon, rising 0.28 per cent. Woolworths pulled the sector higher, gaining 1.3 per cent to $24.93. "Money moves out of the riskier basket of stocks and perhaps moves into the relatively more stable... ... |
| | | | ... share buy back. Financials, which led the US market higher overnight, were also strong, with all the major retail banks gaining ground. National Australia Bank was the strongest, up 69 cents, or three per cent, to $23.56. The biggest mover on the ASX ... |
| | | | ... per cent, or 15.5 cents, to $1.33. There was also solid support for financials, with all the major retail bank stocks gaining more than three per cent. National Australia Bank was the strongest stock on the ASX 20, rising 4.6 per cent, or $1.01 to $22.79. ... |
| | | | ... in Paris the CAC-40 advanced 4.33 per cent to 2,973.90 points. Other European markets posted similar gains, with Milan gaining nearly 4.0 per cent despite a sharp Moody's ratings downgrade for Italy given its debt and growth problems. The euro was lower ... |
| | | | ... investors. While some results were subdued for Q3, it was not all grim with 11 infrastructure funds reaching an interim close, gaining an aggregate $3.5 billion to date, according to researcher Prequin. Altogether there are now 136 funds available with ... |
| | | | IOOF Holdings has completed its acquisition of DKN Financial Group after gaining approval from the Supreme Court of Victoria. IOOF said in a statement to the ASX that it would now acquire all of the fully paid ordinary shares in DKN that it does not ... |
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