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| | | ... annual general meeting in Perth. In Australia on Thursday, the Australian share market closed lower, pulled back by the major miners and banks. The benchmark S&P/ASX200 index fell 46.9 points, or 0.95 per cent, to 4,907.4 points, while the broader All ... |
| | | | ... appears to have been so tarnished by the existing approach that it cannot reasonably expect support from the market without major changes brought about by a new board and revitalised management team," he said. |
| | | | Australian stocks were more than one per cent weaker at noon as miners and financials weighed on the major indices and corporate downgrades affected other sectors. At 1200 AEST, the benchmark S&P/ASX200 index was down 55.1 points, or 1.11 per cent ... |
| | | | ... securities (RMBS). The firm failed to disclose vital information to investors about the CDO, in particular, the role played by a major hedge fund (Paulson & Co.) played in the portfolio selection process and the fact that it had taken a short position ... |
| | | | The Australian market has received strongly positive leads from offshore trading overnight, with most major markets comfortably higher, including oil and precious and base metals. At 0700 AEST on the Sydney Futures Exchange, the June share price index ... |
| | | | ... Cameron O'Sullivan, a financial adviser and director of Provisio Technologies, said advisers can expect a turf war once major superannuation funds roll out intra-fund advice services to their members. "Advisers will find it harder to justify their value ... |
| | | | ... securities (RMBS). The firm failed to disclose vital information to investors about the CDO, in particular, the role played by a major hedge fund played in the portfolio selection process and the fact that it had taken a short position against the CDO. ... |
| | | | ... News that the Securities and Exchange Commission (SEC) had brought civil charges against the Wall Street giant sent all major US indices plummeting, with financial firms hit the hardest. The Dow Jones Industrial Average tumbled 125.91 points, or 1.13 ... |
| | | | ... 1.7 per cent, at $14.42, while Oil Search was relatively flat, down by just one cent, by 0.2 per cent, at $5.84. All the major banks were down, as well. ANZ was the heaviest fall, down 1.2 per cent, by 30 cents, at $25.67. The other of the Big 4 banks ... |
| | | | ... stock market capitalisation of US$39 trillion. All things considered, he said his team is positive about the future of many major and regional banks. US regional banks, in particular, are high on their buy list. "Regional commercial banks that we specially ... |
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