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| | | ... the Packer family-backed Challenger Financial Services Group Ltd, which fell over 15 per cent. "All companies in the financials sector are getting hit at the moment," said Austock senior client adviser Michael Heffernan. Mr Heffernan said margin calls ... |
| | | | ... looking at merger and acquisition opportunities to grow its business in the SMSF sector," declared the diversified financials group in an ASX statement. "The acquisition of a controlling interest in Total Super represents a significant development in ... |
| | | | ... stocks were little changed overnight with crude oil prices offsetting fallout from the housing market that weighed on financials. Financial shares led the losses in the S&P. An index of national manufacturing activity from the Institute for Supply Management ... |
| | | | ... insurers would force investors to sell billions of dollars in bonds issued by cities and states. That sent the S&P financials index up 2.2 per cent. In late afternoon trade, the Dow Jones industrial average was up 201.19 points, or 1.64 per cent, at ... |
| | | | ... fell on Friday and the Dow Jones industrials ended its worst week in nearly five years as investors unloaded shares of financials, home builders and other sectors at the centre of the credit market crisis. The Dow Jones industrial average was down 64.87 ... |
| | | | ... client adviser Craig Walker said the market was enjoying a stronger day than yesterday. "That's largely being led by the financials, the four major banks, plus the insurers are doing well," Mr Walker said. "Suncorp and QBE are having a reasonably good ... |
| | | | ... cent in 2006 to 52 per cent in 2006. "The increasingly adverse market conditions particularly affected the diversified financials and real estate sectors. The demise of RAMS was the most spectacular example, but more than half of all diversified financial ... |
| | | | ... Australian share market was 0.6 per cent stronger just after noon, tracking gains on Wall St, after US investors bought financials in anticipation of yet another rate cut by the Fed. Higher commodity prices supported local mining and energy stocks. At ... |
| | | | ... ABN AMRO Morgans private client adviser Craig Walker said the market was down slightly more than expected today. "The financials have let the market down, with stocks like Allco, Babcock & Brown and Challenger taking a bit of a hit: essentially, any ... |
| | | | ... most interest is the industrials sector accounting for 40 per cent of the activity. The Thomson report noted that the financials sector, which lead Chinese IPO proceeds raised since 2005, was now ranking only at number three being expected to drive just ... |
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