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| | | ... watching green shoots grow. As is typical in this stage of the cycle, the usual suspects - mixed economic data - caused the major US stock averages to bob up and bob down before closing narrowly higher in overnight activity. Shares bobbed down on news ... |
| | | | ... East Asia". The Australian share market closed at a fresh nine-month high on Tuesday, boosted by the resources sector and major banks. The benchmark S&P/ASX 200 index gained 45.9 points, or 1.08 per cent, to 4309.3, while the broader All Ordinaries index ... |
| | | | ... Sydney Futures Exchange, the September share price index contract was 79 points higher at 4289 on 17,868 contracts. The four major banks all were higher following ANZ's agreement to buy some of Royal Bank of Scotland Plc's Asian businesses for about ... |
| | | | Nearly 40 per cent of financial planning businesses have lost staff in the last eight months, new research shows. According to figures by eJobs, 39 per cent out of 116 respondents said they had lost staff since November. These staff were let go by retrenchment ... |
| | | | ... now. This is underscored by the latest update on purchasing managers indices - a leading indicator of activity -- in the major economies reported overnight. In the US, the Institute of Supply Management's (ISM) manufacturing index rose to 48.9 in July ... |
| | | | ... on 10,769 contracts. Financial stocks led morning trade, after an upgrade to Australian banks by Goldman Sachs. The four major banks all were up more than two per cent. National Australia Bank was up 51 cents to $24.84, ANZ rose 41 cents to $18.94, Commonwealth ... |
| | | | ... up the win. "Judges were impressed with the levels of research undertaken by MLC. In 2008 the Insight Team initiated two major research initiatives designed to gather adviser and consumer insight," the judges said in the awards booklet. "Judges were ... |
| | | | ... door to a tiered model that would allow fund members to step up into more sophisticated products when they are ready. In a major interview published in the weekend Financial Review, Cooper said, "Maybe superannuation should operate in layers, so that ... |
| | | | A major review into the causes of the sub-prime crisis has been released and its key message is that if fiduciaries don't understand structured products, they should not invest in them. The International Organisation of Securities Commissions has issued ... |
| | | | ... statement that could easily give members messages they needed," said Justine de Mestre, senior manager, member services. But the major haul of this year's event was the $11.6 billion Sunsuper, which won the Super Innovator of the Year and Electronic ... |
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