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BENJAMIN ONG  |  THURSDAY, 11 MAR 2010
Bohh...ring! And I woke up early for this! There were some after-party celebrations to the bull market's one-year anniversary - but only just. Wall Street closed higher -- Dow up 0.03 per cent, S&P 500 up 0.5 per cent and Nasdaq up 0.8 per cent. As ...

Market Wrap - Morning

AAP  |  THURSDAY, 11 MAR 2010
... up 50.83 points, or 0.86 per cent, at 5,936.72 points. PARIS - The CAC 40 index gained 33.54 points, or 0.86 per cent, to close at 3,943.55 points. TOKYO - Japan's Nikkei average ended flat on Wednesday, with gains in machine stocks after better-than-expected ...

Happy birthday bull

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2010
Guess what? It's the bull market's first anniversary today! Hip..hip... Hooray Virgina! You and I have kept up the faith despite being battered by waves of doubters in an ocean of despair. It was exactly one year ago (9 March 2009) when Wall Street ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 MAR 2010
... next hot product in the electronics industry. In light trade, the benchmark Nikkei shed 18.27 points, or 0.2 per cent, to close at 10,567.65 points, after hitting its highest close since January 22 on Monday. The broader Topix fell 2.93 points, or 0.3 ...

Market Wrap - Midday

AAP  |  TUESDAY, 9 MAR 2010
The Australian stock market was relatively flat at noon on Tuesday in the absence of major leads. At 1200 AEDT, the benchmark S&P/ASX200 index was 2.9 points higher, by 0.06 per cent, at 4,810.8 points, while the broader All Ordinaries index had lifted ...

Babson closes five CLOs

COMPANY RELEASE  |  TUESDAY, 9 MAR 2010
US fund manager Babson Capital Management has closed five collateralised loan obligations (CLOs) with more than US$1.7 ($1.9) billion under management. According to a press statement, Victoria Falls CLO, Diamond Lake CL., Clear Lake CLO, Summit Lake ...

Still a two-way street

BENJAMIN ONG  |  TUESDAY, 9 MAR 2010
After all is said and done...more was said than done! Yes, you know what I'm referring to Virginia - the "big kahuna" of economic statistics that is the US non-farm payrolls report. Remember how we (note I use "we" when I'm mistaken and "I" to gloat ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 MAR 2010
... per cent, to 4,819.6 points. NEW YORK - US stocks traded in a tight range for most of Monday's session but faded at the close. The main focus of the trading day was a new round of mergers and acquisitions, which raised hopes for the US economy. Financial ...

Advisers to boost political clout

RUTH LIEW  |  MONDAY, 8 MAR 2010
... the FPA through contractual membership, which has a set of professional obligations attached to it. So the FPA has a very close and engaged relationship with our Principal members who in total represent about 90 per cent of the financial planning industry." ...

Market Wrap - Morning

AAP  |  MONDAY, 8 MAR 2010
The Australian sharemarket has received positive leads from offshore markets, with Wall Street closing higher and commodities prices firmer. At 0720 AEDT on the Sydney Futures Exchange, the March share price index contract was 65 points higher at 4,840. ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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