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| | | ... chairman Ben Bernanke offered a bleak outlook on the struggling economic recovery and slashed half a point off its estimate of gross domestic product growth for 2011. Dr Bernanke had lowered the growth outlook and raised the unemployment forecast without ... |
| | | | ... by the Fed's lowered growth and raised unemployment forecasts, another kinder surprise would be forthcoming. PIMCO's Bill Gross thinks so too! Gross tweeted, "Next Jackson Hole in August will likely hint at QE3 / interest rate caps." Big Benny hinted ... |
| | | | ... levels "for an extended period" to boost the flagging recovery. The Fed also slashed about a half point off its estimate of gross domestic product growth for 2011, to a range between 2.7 per cent and 2.9 per cent. LONDON - European shares closed little ... |
| | | | ... 1.4 per cent, at $8.31. In news on Tuesday, Insurance Australia Group said it was aiming for 10 per cent of the company's gross written premium to come from Asia by 2016. The stock was down three cents at $3.53. The most traded security by volume was ... |
| | | | ... this strategy to our line-up," said Matthew Zschech, portfolio manager, Alpha. The strategy has delivered average annual gross returns of 17.18 per cent over a nine-year period since its inception. That is 8.94 per cent over the benchmark. In May, Alpha ... |
| | | | The Australian market has received mixed to negative leads from offshore trading overnight, with Wall St closing lower in a late drop just before the markets closed. At 0726 AEST on the ASX 24, the June share price index futures contract was flat at ... |
| | | | ... asset allocation strategies and had performed well over the past five years, outperforming the benchmark by 7.55 per cent (Gross of Fees). However Hudson did say that risk is only moderate in the fund due to the difficult trading period. "We are clearly ... |
| | | | ... growth for the quarter, the biggest single-quarter hit to growth from trade in the 52-year history of national accounts data. Gross domestic product (GDP) figures are released on Wednesday. GFT Forex director of currency research, Kathy Lien, said the ... |
| | | | ... Paragraph after paragraph tried to convince me that, "it's bad, it's bad, you know it". It talked about the 2 per cent fall in gross company profits in the March quarter, "led down by a 6.6 per cent collapse in mining profits." It cited sluggish new ... |
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