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Showing 5711 - 5720 of 10361 results for "Close"

Market wrap AM

AAP  |  MONDAY, 12 NOV 2012
Australian stocks are set for a weak start on Monday as world markets are dominated by concerns about the looming "fiscal cliff" in the United States. US lawmakers have until December 31 to work out a compromise to avoid tax increases and government ...

Market Wrap - PM

AAP  |  FRIDAY, 9 NOV 2012
Australian shares opened lower with the mining giants and most of the major banks posting falls. At 1022 AEDT on Friday, the benchmark S&P/ASX200 index was down 42.4 points, or 0.95 per cent, at 4,441.4 points, while the broader All Ordinaries index ...

Light-years before Macquarie and YBR bother banks

MARK SMITH  |  FRIDAY, 9 NOV 2012
The latest tie-up between Yellow Brick Road and Macquarie to launch mortgage products makes sense for both businesses, but it will be a long time before they can begin to turn the proposition into a profitable enterprise, according to Lincoln Indicator's ...

Market wrap AM

AAP  |  FRIDAY, 9 NOV 2012
... In Australia, the market on Thursday closed 0.7 per cent lower on Thursday following steep falls on Wall Street. At the close, the benchmark S&P/ASX200 index was down 32.7 points, or 0.72 per cent, at 4,483.8, while the broader All Ordinaries index was ...

Market Wrap - PM

AAP  |  THURSDAY, 8 NOV 2012
... jobs in the month. The spot price of gold in Sydney was $US1,717.00 per fine ounce, down $US6.95 from Wednesday's local close of $US1,723.95 per ounce. National turnover was 325 million securities worth $706 million, with 109 stocks trading up, 484 down ...

AUI calls it quits on two mortgage trusts

BEN COLLINS  |  THURSDAY, 8 NOV 2012
... bank guarantees have forced the closure of two mortgage trusts. Australian Unity Investments (AUI) decided yesterday to close its Mortgage Income Trust (MIT) and Wholesale Mortgage Income Trust (WMIT). All capital will be retuned to investors through ...

New MD for Plum Financial Services

BEN COLLINS  |  THURSDAY, 8 NOV 2012
Lara Bourguignon has been appointed Managing Director of Plum Financial Services. Plum, which is part of National Australia Bank's wealth division, is a corporate superannuation provider. It has around $14 billion in committed funds. Bourguignon will ...

Market wrap AM

AAP  |  THURSDAY, 8 NOV 2012
... rally. The All Ordinaries index jumped 16 points in the last 20 minutes of trade as the election result became known. At the close, the benchmark S&P/ASX200 index was up 31.7 points, or 0.71 per cent, at 4,516.5, while the broader All Ordinaries index ...

Market Wrap - PM

AAP  |  WEDNESDAY, 7 NOV 2012
Australian stocks are slightly higher after positive leads from Europe and Wall Street. At 1018 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 7.9 points, or 0.18 per cent, at 4,492.7 points, while the broader All Ordinaries index had risen ...

Fewer IPO's no excuse for poor returns: Hyperion

BEN COLLINS  |  WEDNESDAY, 7 NOV 2012
Less initial public offerings (IPOs) shouldn't mean a slump in performance, said Hyperion Asset Management. Managers should view IPO activity as the exception, rather than the rule, added Jason Orthman, one of Hyperion's portfolio managers. "In the ...