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| | | Anti-climax? Selling on news, perhaps? Whatever it is, European equity markets and Wall Street looked like they weren't impressed by reports that the deal has been done. It's been signed, sealed, though yet to de delivered. To be sure, the Dow had a ... |
| | | | ... strong indication from the US markets opening tonight that that should be in positive territory," he said. Shares in the major four banks were up slightly, with National Australia Bank the best performer with a gain of 29 cents to $23.47. |
| | | | ASIC has revealed conflict of interest has again emerged as a problem for consumers in its latest shadow shop research on financial advice. The results of the 2011 survey, carried out to test the quality of advice given to consumers in or nearing retirement ... |
| | | | ... more money for commercial banks to lend, is aimed at helping to improve economic growth. The reserve requirement ratio for major commercial banks would be cut on Friday to 20.5 per cent from 21 per cent, the PBOC said. Bank of New Zealand currency strategist ... |
| | | | ... to $67.00. In the retail sector, Billabong International shares rallied around 50 per cent after the company announced a major revamp including job cuts. The company on Friday reported its first-half profits were down 72 per cent to $16.097 million. ... |
| | | | ... in the very near future," said Darren Pettiona, chief executive officer, Investorfirst. Pettiona also said its planning major enhancements to the HUB24 platform from May which include more flexible model portfolio and direct equity trading capabilities ... |
| | | | ... over the last couple of years, and these changes will leave us better placed to extend that growth and continue to be a major contributor to Zurich's strong regional performance," he added. The changes will come into effect on March 1. |
| | | | ... while representing the needs of our members," Hamilton said. "As the Self Managed sector is so fragmented, having a single major body representing trustees, advisers, accountants and auditors provides cohesive representations for all participants. I ... |
| | | | ... in almost four years. At 0809 AEDT on Friday, the March share price index futures contract was up 40 points at 4,181. No major domestic economic news is expected on Friday. In equities news, Sims Metal Management, Billabong International, Spotless Group ... |
| | | | ... contributed to excessive costs, adding up $6000 to the sticker price of GM cars sold in the US. The loan was accompanied by major restructuring and a highly successful IPO of the refloated company in 2010 that enabled the company to repay the US government ... |
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