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Market Wrap - PM

AAP  |  FRIDAY, 14 DEC 2012
... data. ANZ was up 11 cents at $24.79, CBA was 44 cents higher at $61.72, NAB had risen 18 cents to $24.78 and Westpac had advanced eight cents to $26.06. RBS Morgans client adviser Bruce Smith said the banks, as well as stocks such as Telstra and Woolworths ...

Market wrap PM

AAP  |  THURSDAY, 13 DEC 2012
... Street the Dow Jones industrial average dropped 2.99 points, or 0.02 per cent, to 13,245.45. In Europe, London's FTSE 100 advanced 0.35 per cent to close at 5,945.85 points, while Frankfurt's DAX 30 gained 0.33 per cent to 7,614.79 points, its highest ...

Market wrap AM

AAP  |  THURSDAY, 13 DEC 2012
... buy-back scheme designed to release much needed EU-IMF bailout funds appears to have progressed smoothly. London's FTSE 100 advanced 0.35 per cent to close at 5,945.85 points, while Frankfurt's DAX 30 gained 0.33 per cent to 7,614.79 points, its highest ...

Market wrap PM

AAP  |  FRIDAY, 7 DEC 2012
... positive territory at the open, according to IRESS data. Major miner BHP was up 31.5 cents at $34.725, while Rio had advanced 36 cents to $60.28. Meanwhile Australia's big four banks were also higher. ANZ was up 15 cents at $24.87, CBA had risen 43 cents ...

It's just plain dumb

BENJAMIN ONG  |  FRIDAY, 7 DEC 2012
... Wall Street, you'll find that the S&P 500 index has clocked up a decent 12.3% return to date while the Stoxx 600 has advanced by more than 14.0%. Yet it's us, Australians all, who appear to be more worried than the slow growing US economy or the recessed ...

Market wrap

AAP  |  WEDNESDAY, 5 DEC 2012
... ANZ was up 10 cents at $24.69, CBA had risen 12 cents to $60.62, NAB was nine cents firmer at $24.34 and Westpac had advanced 12 cents to $25.54. "When people see these fantastic dividends that are being paid balanced against lower interest rates on ...

Market Wrap

AAP  |  TUESDAY, 4 DEC 2012
... with two of the big four retail banks up in early trade. CBA had risen 36 cents, or 0.59 per cent, to $61.17 and NAB had advanced 16 cents, or 0.66 per cent to $24.45. In percentage terms NAB and CBA were the second and third best-performing stocks on ...

Market Wrap

AAP  |  MONDAY, 3 DEC 2012
... more optimism around," Mr Morrow said. BHP Billiton was up 18 cents, or 0.52 per cent, at $34.57, while Rio tinto had advanced 14 cents, or 0.24 per cent, to $58.89. In percentage terms, mineral sands explorer Iluka Resources was the best-performing ...

CBA responds to mobile banking demand

STAFF JOURNALIST  |  THURSDAY, 29 NOV 2012
... executive, enterprise services Michael Harte, customers are demanding a new banking experience that puts the world's most advanced technology at their finger-tips - whether it's in a branch, on the street, or from their smartphone. CBA customer usage ...

Market wrap AM

AAP  |  THURSDAY, 29 NOV 2012
... per cent) to 1391.07, while the Nasdaq Composite shed 15.55 (0.52 per cent) at 2952.24. LONDON - Europe's stock markets advanced after a late bout of optimism that politicians would act to avoid the looming "fiscal cliff" of automatic tax rises and spending ...

Editor's Choice

Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI
Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.

Australian Ethical FUM drops by $70m

RIDDHIMA TALWANI
Australian Ethical saw a net outflow of $100 million in its investment business in the first quarter of the financial year.

Perennial expands wholesale offer for pre-IPOs

MATTHEW WAI
Perennial Partners is launching a new strategy for wholesale investors to capitalise on global pre-IPO opportunities, requiring a minimum investment of $100,000.

Macquarie wealth investment chief to depart

MATTHEW WAI
Macquarie chief investment officer for wealth will take on a new role at a New Zealand-based investment management firm after serving in the position for close to three years.

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A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
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