NewsMuster

Westpac's ray of light

(author unknown) — Fri, 08 Aug 2008 22:26:10 -0500

Westpac has so far managed to avoid big problem credit exposures, and should it successfully swallow St George, will become Australia's biggest bank.

Westpac tips FY08 earnings rise 6-8%

(author unknown) — Fri, 08 Aug 2008 15:05:00 -0500

Well positioned for smooth St George merger, with clean balance sheet. 9 Aug 2008 6:05 AM

Aussie stocks lower amid oil price rise

(author unknown) — Thu, 07 Aug 2008 16:31:34 -0500

The Australian stock market is expected to open lower today as recent US optimism ebbed and oil reversed its recent decline.

Wall St tumbles as financials weigh

(author unknown) — Thu, 07 Aug 2008 09:00:00 -0500

US stocks tumbled after jobless claims jumped to a six-year high, Wal-Mart sales disappointed and AIG posted huge credit losses.

Wall St ends higher on Cisco outlook, oil

(author unknown) — Wed, 06 Aug 2008 15:44:00 -0500

US stocks shake off fourth quarter Freddie Mac loss with falling oil price, strong Cisco results. 7 Aug 2008 6:44 AM

Shares to rise on US rally

(author unknown) — Tue, 05 Aug 2008 16:21:05 -0500

The stock market is expected to gain after US equities rise, but gold miners may decline after the precious metal falls overnight.

RBA keeps interest rates unchanged

(author unknown) — Mon, 04 Aug 2008 09:00:00 -0500

THE financial squeeze on homeowners will remain for at least another month, as the Reserve Bank left interest rates on hold today.

Miners, banks drag market lower

(author unknown) — Mon, 04 Aug 2008 15:56:03 -0500

Shares have opened lower, and are heading for a third day of falls, led down by the big miners and banks.

Wall St falls as commodities tumble

(author unknown) — Mon, 04 Aug 2008 09:00:00 -0500

THE commodities boom turned bust as a sell-off for such 2008 stars as Exxon Mobil and Range Resources weighed down US stocks.

Banks lead stocks up

(author unknown) — Sun, 03 Aug 2008 16:10:29 -0500

The stock market is up despite US equities slumping on jobs and manufacturing figures.

Local stocks to follow Wall Street lower

(author unknown) — Sun, 03 Aug 2008 09:00:00 -0500

But some companies may benefit from a falling dollar and speculation of a rate cut

Stocks expected to open lower

(author unknown) — Sat, 02 Aug 2008 09:00:00 -0500

THE Australian stock market is expected to open lower tomorrow after a fall on Wall Street, but some companies will receive a boost from speculation of a rate cut by the Reserve Bank of Australia (RBA).

Wall St gears up for earnings, Fed assessment

(author unknown) — Sun, 03 Aug 2008 15:15:00 -0500

Market eyes volatile week with the release of key earnings reports. 4 Aug 2008 6:15 AM

Stocks face sharp drop

(author unknown) — Thu, 31 Jul 2008 15:52:15 -0500

The stock market is expected to fall about 1% after Wall St is rocked by disappointing US economic growth and job market figures.

Market slides on economic data, Exxon

(author unknown) — Thu, 31 Jul 2008 15:15:08 -0500

US stocks fall, led by Exxon Mobil after its earnings fall short of Wall Street's expectations and as disappointing economic data revives fears of a US recession.

Zinc jumps 6%, copper steady

(author unknown) — Thu, 31 Jul 2008 07:27:30 -0500

Price jumps after China cancels export rebates, traders eye US data. 31 Jul 2008 10:27 PM

Perilya's zinc output down 17%

(author unknown) — Wed, 30 Jul 2008 19:38:17 -0500

Full-year production jumps 95 per cent, despite shipping delays. 31 Jul 2008 10:38 AM

ASX expected to rise again

(author unknown) — Wed, 30 Jul 2008 16:22:56 -0500

Stocks tipped to track second consecutive Wall St rally. 31 Jul 2008 7:22 AM

Wall St rallies despite oil soaring

(author unknown) — Wed, 30 Jul 2008 09:00:00 -0500

US stocks rallied again, bringing the Dow's two-session gain to more than 452 points after an unexpectedly strong jobs report.

CBA, WBC can managed credit exposures

(author unknown) — Tue, 29 Jul 2008 19:00:14 -0500

The Commonwealth and Westpac might experience an increase in bad debt provisions in the short term, but losses should be easily managed, Standard & Poor's says.