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Showing 71 - 80 of 114 results for "Conglomerate"

Market Wrap - Morning

AAP  |  MONDAY, 19 OCT 2009
... reading for October from 73.5 in September. General Electric's report also revealed signs of credit weakness. The conglomerate's profit dropped 44 percent, hurt by much lower earnings at its financial arm, GE Capital, which loans money to a variety of ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 SEP 2009
The Australian share market is likely to open lower after most US and European share indices, as well as the price of oil, declined overnight. At 0750 AEST on the Sydney Futures Exchange, the December share price index contract was down 15 points at ...

Pres Obama proposes sweeping regulatory reforms

ALEX DUNNIN  |  THURSDAY, 18 JUN 2009
To plug regulatory gaps that the Whitehouse believes precipitated the GFC, President Obama has proposed the biggest change to financial oversight since the New Deal. Central to the reforms are the creation of a Financial Oversight Council that will ...

Market Wrap - Midday

AAP  |  THURSDAY, 7 MAY 2009
... markets, better-than-expected jobs figures and a well-received quarterly profit result from Rupert Murdoch's media conglomerate, News Corp. Official data showed that the jobless rate had unexpectedly dropped to 5.4 per cent in April from 5.7 per cent ...

Another day another inquiry

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
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 ...

Market Wrap - Morning

AAP  |  FRIDAY, 27 MAR 2009
... share prices closed 3.57 per cent higher on Thursday, boosted by Chinese banks and better-than-expected results from conglomerate Hutchison Whampoa. The benchmark Hang Seng Index closed up 486.87 points at 14,108.98. WELLINGTON - Telecom's spat with ...

Market wrap - morning

AAP  |  FRIDAY, 13 MAR 2009
... General Electric Co's credit rating. Standard & Poor's lowered GE's top rating one notch because of problems at the conglomerate's lending arm, but indicated it was not eying another downgrade. Many investors had expected deeper cuts for GE, the oldest ...

JV moves Invesco into China PE

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
... Huaneng Group's development in the energy industry and accelerate the growth of our business into a flagship industrial conglomerate." The joint venture heralds the expansion of Invesco's alternative investment ability in China. The firm manages more ...

We need a fairness test: ASIC

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
... conglomerates that have both product manufacturing and distribution arms. "One of the issues at the moment is large conglomerate financial organisations that have product making and distribution all in the one shop, but they brand the distribution arms ...

Westpac and St.George outline merger terms

RUTH LIEW  |  TUESDAY, 13 MAY 2008
... platform provider Asgard. The merger will also create a shakeup in the "Big Four" makeup of Australian banks, as the conglomerate will hold the title of largest bank by market capitalisation at approximately $66 billion on a pro forma basis. The merged ...