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| | | ... stimulus from the US Federal Reserve after a two-day meeting of its Federal Open Market Committee concluded on Thursday (US time). In local news, department store chain Myer said its full year net profit had fallen by more than 12 per cent to $139.4 ... |
| | | | ... contract was down four points at 4,360. Markets hope the Federal Open Market Committee's two-day meeting, finishing Thursday (US time), will result in fresh measures, or quantitative easing, to stimulate the sluggish US economy. In local economic news ... |
| | | | ... debt-plagued euro zone countries. The Fed's Federal Open Market Committee (FOMC) opens a two-day policy meeting on Wednesday (US time) amid expectations it will take fresh action to help the sluggish US economy. Both European and US stocks closed mostly ... |
| | | | The only thing up in Australian Ethical Investment's (AEI) full year results were expenses, with a 64% net profit (after tax) drop on the previous year announced yesterday. Lower revenues caused by a 3.6% drop on funds under management, bad market conditions ... |
| | | | ... confirmed it was considering splitting into two publicly traded companies. The Wall Street Journal reported late on Monday (US time) that a split would put the entertainment arm, including the 20th Century Fox film business and the Fox TV networks, into ... |
| | | | Renowned businessman and new head of the Future Fund, David Gonski, will soon add Australian Philanthropic Services to his stable of board appointments. Chris Cuffe, founder and chairman of APS announced the appointment following a statement welcoming ... |
| | | | ... still-divided on how they will address their crisis in the coming crunch summit for the euro zone. At the close on Monday (US time) the Dow Jones Industrial Average was down 138.12 points (1.09 per cent) to 12,502.66 at the close of trade. European stocks ... |
| | | | Australian Ethical Investment Limited shareholders have voted to reject all resolutions put to a general meeting called by a small group of shareholders who attempted to gain control of the board. Financial Standard understands the flashpoint was caused ... |
| | | | ... slowing down in last quarter," Barbi said. Facebook's stock will start trading on the tech-heavy Nasdaq on Friday morning, US time using the ticker symbol FB. Only a portion of the shares will be sold in the offering, with the $38 IPO price representing ... |
| | | | Likely cuts in concessions to business and a rushed return to surplus risks damaging softer sectors of the economy, according to Yasser El-Ansary, general manager, policy at the Institute of Chartered Accountants. "We have a strong economy, but a strong ... |
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