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Showing 6371 - 6380 of 9320 results for "Red"

So where's the QE?

BENJAMIN ONG  |  MONDAY, 3 SEP 2012
"I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant." - Robert McCloskey By now you would have read the various and myriad of interpretations to US Federal Reserve Chairman ...

Barclays announces new CEO amid new investigation

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
Barclays has named head of retail and business banking Anthony Jenkins new chief executive, just one day after the announcement the Serious Fraud Office (SFO) had launched an investigation into a 2008 deal with Qatar's sovereign wealth fund. Jenkins ...

Call for change follows Perpetual 57% profit fall

BEN COLLINS  |  THURSDAY, 30 AUG 2012
Perpetual needs more accelerated and fundamental change, said chief executive and Managing Director Geoff Lloyd, after announcing the group's $26.7 million net after tax profit - a 57% fall on the previous year. A group-wide cost reduction program in ...

Zurich's restructure sees 11 depart

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
Zurich's new three-year strategy focused on growth in the risk and investments business has seen 11 roles cut and five added as the financial services provider shifts its focus to the institutional and dealer group level. Chief executive of the Life ...

MLC restructures Australian Share Fund

LINDA HAUSKEN  |  TUESDAY, 28 AUG 2012
MLC Investment Management is continuing to enhance its investment strategies and has reduced the number of mangers in its Australian Share Fund from eight to three. The managers in the fund now include Bennelong Australian Equity Partners, Antares Capital ...

ASIC warns of hybrid securities risks

LINDA HAUSKEN  |  TUESDAY, 28 AUG 2012
ASIC has flagged warnings about the risks and complexities of hybrid securities, urging consumers to tread carefully and not be blindsided by promises of high yields. Hybrid securities are one way for companies to borrow money from investors, while ...

APRAs' best intentions misleading: Super industry

BEN COLLINS  |  TUESDAY, 28 AUG 2012
Superannuation members could be scared off growth assets by APRA's communication of investment risk, said three industry organisations. In a letter sent to APRA, the Australian Institute of Superannuation Trustees (AIST), the Actuaries Institute and ...

Market Wrap

AAP  |  MONDAY, 27 AUG 2012
... the overall market comes despite a number of key stocks, including Woodside, Suncorp and Coca Cola Amatil, opening in the red after going ex-dividend. Making news on Monday, transport and logistics group Toll Holdings said full year profit fell 76 per ...

Cost reductions dampen IRESS result

MARK STORY  |  MONDAY, 27 AUG 2012
Financial services systems supplier IRESS saw its first half underlying profit fall 7.4% to $27.8 million on the back of reduced activities by broker clients in response to low transactions levels. Due to tough global trading conditions for clients ...

We're not obsolete: Brokers defend their patch

BEN COLLINS  |  MONDAY, 27 AUG 2012
Despite a flurry of recent mergers, courtesy of reduced appetite for equities, regulatory changes and market volatility, the role of Australian stock brokers is far from obsolete. That's the view of Andrew Coppin, managing director of listed broking ...