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Market Wrap

AAP  |  TUESDAY, 29 NOV 2011
... cents, or 0.49 per cent, to $20.36 and Commonwealth Bank added just four cents, or 0.09 per cent, to $46.93. Rio Tinto had advanced 49 cents, or 0.77 per cent, to $63.76 while the world's biggest miner BHP Billiton was almost flat, up one cent to $34.86. ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 NOV 2011
... investors may have had enough of bonds for the moment. A warning from the OECD that the eurozone debt crisis could plunge advanced economies into deep recession and even depression, with waves of bankruptcies and wealth destruction in Europe, also seemed ...

Market Wrap - Morning

AAP  |  MONDAY, 14 NOV 2011
... CAC-40 jumped 2.76 per cent to 3149.38 points and in Frankfurt the DAX 30 gained 3.22 per cent to 6057.03 points. Milan advanced 3.68 per cent and Madrid put on 2.95 per cent. The euro rose to $US1.3767 from $US1.3599 in New York late on Thursday while ...

Snowball acquires HNW wealth manager

RACHEL DAVIS  |  FRIDAY, 11 NOV 2011
... subject to certain performance criteria. Snowball has another acquisition opportunity of similar size which remains in an advanced due diligence stage.

Market Wrap - Midday

AAP  |  FRIDAY, 11 NOV 2011
... its forecast for a full-year profit of up to $650 million. Diversified industrial services provider Transfield Services advanced two cents to $2.42 after it won $132 million worth of new work in the resources industry. At 1206 AEDT, national turnover ...

Antares launches inflation-linked fund

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
... Australian investment market over the medium to long term as a result of the risk increase in money supply across most advanced economies. Tano Pelosi, portfolio manager, Antares Inflation Linked Bond Fund said political pressures on central banks are ...

DST Global launches data management platform in Australia

CLAIRE MCGREAL  |  TUESDAY, 8 NOV 2011
Now availalable in Australia, the Anova platform provides advanced investment data aggregation and visualisation reports with an emphasis on performance, risk and regulatory reporting. Platform developers DST Global Solutions said Anova addresses the ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 NOV 2011
... Composite added 33.02 points (1.27 per cent) to 2,639.98, while the S&P 500-stock index, a broader measure of the markets, advanced 19.62 points (1.61 per cent) to 1,237.90. Concluding a two-day meeting, the Federal Open Market Committee left monetary ...

OneVue eyes insto investor for global growth

RACHEL DAVIS  |  WEDNESDAY, 2 NOV 2011
... there is great opportunity for an institutional shareholder to come on board." OneVue announced last month that it was in advanced discussions with a number of new dealer groups and accounting firms about the OneVue UMA platform and that the business ...

Market Wrap - Morning

AAP  |  MONDAY, 31 OCT 2011
... with the implementation of Thursday's eurozone debt crisis plan," Charles Schwab analysts said. The blue-chip Dow has advanced 12 per cent since the beginning of the month, rebounding to the level last seen on July 28 when US politicians were battling ...