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Market Wrap - Morning

AAP  |  TUESDAY, 20 JAN 2009
The Australian stock market is likely to decline after European equities and the price of oil fell in electronic trading overnight. At 0755 AEDT on the Sydney Futures Exchange, the March Share Price Index futures contract was down 14 points at 3,535. ...

Market Wrap - Midday

AAP  |  MONDAY, 19 JAN 2009
... easing 26 cents or 4.67 per cent to $5.31. The price of gold in Sydney was $US838.95 per fine ounce, up $US18.15 on Friday's close of $US820.80.

Market Wrap - Morning

AAP  |  MONDAY, 19 JAN 2009
... per cent, to 8,281.22. The Dow was down 103 points in early afternoon; on Thursday, it recovered from a 205-point loss to close up 12.35. The Standard & Poor's 500 index rose 6.38, or 0.76 per cent, to 850.12, while the Nasdaq composite index rose 17.49 ...

Storm staff lose jobs

MICHAEL HOBBS  |  FRIDAY, 16 JAN 2009
Voluntary administrators, Worrells Solvency and Forensic Accountants have closed Queensland based financial planning group Storm Financial resulting in 115 staff members losing their jobs. According to a statement, Worrells Solvency and Forensic Accountants ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 JAN 2009
... cent, to 1,511.84 and the Standard & Poor's 500 broad-market index added 1.23 points, or 0.15 per cent, to a preliminary close of 843.85. LONDON - Global stock markets reeled from another series of discouraging economic data and company results on Thursday ...

Morgan Stanley and Citi to merge

RUTH LIEW  |  THURSDAY, 15 JAN 2009
... these turbulent times. The transaction, which has been approved by the boards of directors of both companies, is expected to close in the third quarter subject to regulatory approvals and other customary closing conditions.

Market Wrap - Morning

AAP  |  THURSDAY, 15 JAN 2009
The Australian stock market is expected to open lower after US stocks fell on fears about the health of big financial firms and the overall economy. At 0823 AEDT on the Sydney Futures Exchange, the March Share Price Index futures contract was down 104 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 JAN 2009
... The CAC 40 index sank 48.23, or 1.49 per cent, to 3,197.89. TOKYO - Japan's Nikkei average fell 4.8 per cent to its lowest close in a month on Tuesday, hit by a stronger yen that nailed exporters as worries about earnings of major firms reinforced fears ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 JAN 2009
The Australian stock market is expected to open lower after US stocks fell as earnings season looms. At 0751 AEDT on the Sydney Futures Exchange, the March Share Price Index futures contract was down 57 points at 3,618. In economic news today, the Manpower-Melbourne ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 DEC 2008
... industry after a key senator opposed the measure. The Dow Jones Industrial Average dropped 196.33 points, or 2.24 per cent, to close at 8,565.09. The Nasdaq composite shed 57.60 points, or 3.68 per cent, to 1,507.88 and the Standard & Poor's 500 sank ...