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| | | ... and Newcrest mining were draining cash from the market. "The banks are getting belted," he said. "The market is looking pretty terrible from the point of view that all the cash is being sucked out. "No one can afford to buy stock because they're getting ... |
| | | | ... Potter said. "That's what we saw overseas last night, triggered by news of the worsening economic situation in the US. "It's pretty much expected. "And base metals fell three to four per cent overnight across the board." Debt-laden mining giant Rio Tinto ... |
| | | | ... Langley. Couple that with a deepening global recession and an expectation of infrastructure companies' earnings to "hold up pretty well" over the next to years - the asset class is a recipe for success, he said. Overseas, institutional investor appetite ... |
| | | | ... under management. According to Richard Borysiewicz, chief executive of CAAM in Australia, the logic for the merger is "pretty apparent when you look at the numbers". "There's been no impact on the Australian business given that we are so new, so small. ... |
| | | | ... sector was the worst performer on the local bourse followed by consumer discretionaries, industrials and financials. "It's pretty ugly," Mr Potter said. "We're in the depths of a bear market and no-one knows when it is going to stop. "The materials sector ... |
| | | | ... the healthcare property sector is shielded from any global economic downturn. "The properties are in the sector that is pretty much recession proof, it's a bit like neighbourhood shopping centres, in times of financial uncertainty, you'll still buy the ... |
| | | | ... higher at 3,535 on a volume of 9,294 contracts. "We're seeing a small bounce in BHP Billiton and Rio Tinto after what was a pretty down day for them yesterday," Shaw Stockbroking private client adviser Todd Kerslake said on Friday. BHP Billiton added ... |
| | | | ... stocks. "Two hours in and the market hasn't hit the $1 billion mark, volumes are very low," Mr Wright said. "Resources are pretty poor and the market is very underwhelming again today." Resource giant Rio Tinto fell $1.50, or 3.63 per cent, to $39.80. ... |
| | | | ... I would say it will be oversubscribed," Mr Potter said. "It's set the cat among the pigeons: a lot of funds are selling pretty much across the board so they can take part in the raising, purchasing at $16, which is a very attractive price." The bank's ... |
| | | | ... and gradually improving the processes, particularly with XPLAN and its integration. "So for the next 12 months it'd [be] pretty important," said McKie. McKie said Elston assessed a number of different providers but settled with IRESS because the firm's ... |
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