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| | | ... Coca-Cola Amatil holds its annual general meeting. On Thursday, the Australian share market lost ground, weighed down by financials but with support returning to defensive stocks. The benchmark S&P/ASX200 was down 10.7 points, or 0.28 per cent, at 3,813.9 ... |
| | | | ... TOKYO - Japan's Nikkei average rose 0.2 per cent to hit a six-month closing high, rebounding from an earlier dip as financials such as Mizuho Financial Group advanced on optimism about the US banking system and the economy. The benchmark Nikkei rose ... |
| | | | ... maintaining their investment allocation in Australia. A fraction are thinking of allocating more, with the materials and financials sectors on top of their buy list. |
| | | | ... more than 12 per cent last night. Electronic firm Radioshack beat earnings estimates by 59 per cent! And those dead financials? Bank of America, Wells Fargo, Capital One, American Express, Fifth Third Bancorp, PNC Financial Services were among the names ... |
| | | | The Australian share market is expected to open higher after US stocks gained overnight as financials gained on a strong profit result from PNC Financial Services. Gold miners are likely to gain after the price of the precious metal increased. At 0739 ... |
| | | | ... 50 points higher at 3,802 on volume of 12,273 contracts. Ord Minnett private client adviser Jon Hancock said banks, financials and the property sector were driving the local bourse higher on a positive lead from Wall Street. "The flow-on from the US ... |
| | | | ... international issuance was dominated by the financial services sector, which accounted for 76 per cent of activity. Financials accounted for 98 per cent of Australian domestic issuance. Bailey said the banks have had the benefit of the government guarantee ... |
| | | | Positive offshore leads buoyed the Australian share market's financials and resources sectors in morning trading, offsetting heavy losses suffered by national carrier Qantas. At 1200 AEST, the benchmark S&P/ASX200 was up 83.3 points, or 2.27 per cent ... |
| | | | ... where the powers that be will take [the ban] off but I don't think its really hindered us, if anything a lot of those financials are so beaten up that you wouldn't want to short them anyway," he said. |
| | | | ... resources and energy shares were down, he said. "It certainly appears there is a bit of a rotation from resources into the financials again today. Banks and insurers and fund managers are all up. "The weakness is really in the energy and resources." ... |
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