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| | | ... vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes. While not a major surprise to investors, the announcement sent shares down. The Dow Jones Industrial Average closed down 17.61 points, or ... |
| | | | ... 3781 on volume of 13,201 contracts. "The metals were up with copper being up very sharply last night which has impacted the major resources stocks," a private client advisor at Ord Minnett, Jon Hancock, said. BHP Billiton jumped $1.00, or 3.1 per cent ... |
| | | | ... over the rest of the year and into fiscal 2010. Its stock was 92 cents, or 5.53 per cent lower, at $15.71. Among the other major banks, Commonwealth Bank dropped 17 to $35.31, Westpac was 58 cents weaker, or by 2.94 per cent, at $19.12, National Australia ... |
| | | | Senator Nick Sherry has announced another inquiry into the superannuation system that kickstarts what could be the most fundamental review of modern superannuation since its introduction in the mid1980s. "After 21 years of operation, it's time to have ... |
| | | | ... new branches, including the first NAB MLC Advice Centre. During the year, MLC & Garvan Financial Planning won the CoreData Major Dealer Group of the Year award. Meanwhile, NAB Financial Planning referrals enjoyed a 13 per cent growth with adviser numbers ... |
| | | | ... the way of guidance on best practice," he said. John Paul, chief executive at ASSET Super, said operational risks are a major concern at the fund, which is why the fund has around $10 million in operational risk reserves. "We have gone to great lengths ... |
| | | | ... made by an FX strategist at Saxo Bank -- takes the cake. 'A response to a serious outbreak threat could mushroom into a major economic catastrophe as even a 'minor' outbreak of just a few thousand sick people geographically distributed around the world ... |
| | | | Listed Australian companies can do more to convince overseas fund managers and pension funds to invest in the local market, with some prospective investors complaining of inadequate company websites and substandard investor relations. Local fund managers ... |
| | | | ... 40.55 per cent, to $11.68 at 1227 AEST after the company's independent directors recommended a takeover offer from the its major shareholder, Japanese beer-maker Kirin Holdings Co. Banking stocks also were stronger, with all major banks trading up. At ... |
| | | | Australian Wealth Management Limited (AWM) shareholders have approved a proposal for the company's merger with IOOF Holdings Ltd (IOOF) - with an overwhelming 99.7 per cent of the votes cast in favour of the merger. While the merger remains conditional ... |
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