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| | | ... off a chain reaction of stop loss selling from one stock to another, from one market to another. Representatives of the major US exchanges and the Securities and Exchange Commission (SEC) are still doing the autopsy on last night's crash. But early evidence ... |
| | | | ... European debt. The Dow managed to recover two-thirds of its losses before the end of Thursday's Wall Street session, but all major indices closed sharply lower on a day that recalled the market turmoil of the 2008 financial crisis. There were reports ... |
| | | | ... process of how they're going to replace Ron's responsibilities," he said. It is understood that Mehmet will be joining another major funds management firm, according to industry sources. INGIM manages more than $8.5 billion in multi-manager strategie ... |
| | | | ... Australian stock market opened about 1.2 per cent lower and extended losses through the morning, with the big banks and major miners all suffering losses following a weak offshore lead and continuing concerns about developments in debt-laden Greece. ... |
| | | | ... take what is an extraordinary critical mass of talent and ability represented in this industry at home and turn it into a major export industry for Australia." "The calibre of our regulatory environment, the quality of our management, the depth of our ... |
| | | | ... $66.55. Oil and gas producer Woodside Petroleum weakened $1.04 to $44.20, and Santos eased 22 cents to $12.64. Among the major banks, Westpac descended $1.11, or 4.1 per cent, to $26.22 as a stronger Australian economy and a sharp fall in bad debts helped ... |
| | | | The Financial Planning Association (FPA) has appointed former Godfrey Pembroke managing director, Mark Rantall, as chief executive. Rantall worked at NAB-owned Godfrey Pembroke between 2003 and 2008 where he helped the dealer group transition more than ... |
| | | | Self managed super fund (SMSF) administrators, accountants and trustees will be able to automate fund member reports after Class Financial Systems upgraded its technology. Richard Barber, chief executive at Class Financial, said many groups managing ... |
| | | | ... points, on a volume of 12,685 contracts. Financial stocks were higher but had fallen from their opening points. Among the major banks, Westpac was up six cents at $27.62, Commonwealth Bank was up eight cents at $59.01, ANZ had gained six cents to $24.80 ... |
| | | | ... managers showed a manufacturing recovery that was "quite strong," and which pointed to further growth. Monday's surge in the major stock indices came after a heavy sell-off on Friday as investors worried about the fallout from fraud charges against Goldman ... |
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