The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
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Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock
Tineka Smith sits down with Zendesk's CEO to talk about social media, cloud technology and customer service. Zendesk is a provider of cloud-based helpdesk software for growing organizations to help them provide better customer service. ...
Tags: Computer Products, service, software
The Royal Bank of Scotland Group (RBS) is intending to dispose of 15.3% shares in its motor insurance startup, to boost its capital base ahead of regulators’ deadline. Representing nearly 229.4 million shares, the share sale will be ...
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The sharemarket weakened after an early rise, as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. Further gains in high-yield and ...
Tags: sharemarket, Stock, defensive stocks
The sharemarket reversed an early rise as mining companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector to from overweight to neutral. High-yield and defensive sectors initially ...
Tags: Stocks, sharemarket, shares
The sharemarket reversed an early rise as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. High-yield and defensive sectors initially ...
On Monday, Fort Lauderdale, Florida-based service center Metals USA Holdings Corp. announced the expiration of the 30 day go-shop period as part of the merger agreement between Metals USA and Reliance Steel & Aluminum Co. Pursuant to the ...
Tags: Steel, Metals, Metal Service
Gardner Denver, Inc. and Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”) today announced that the companies have entered into a definitive merger agreement in a transaction valued at approximately $3.9 ...
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MAS Holdings was declared winner of the prestigious Women’s Empowerment Corporate Leader 2012 award by The New Economy (TNE), a global multimedia platform that captures and commends the spirit of thought leadership. With the ...
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The Australian dollar was lower late today as the US dollar strengthened broadly in the wake of more solid economic data from the world's largest economy. Initial claims for US jobless benefits last week dropped to 344,000, compared with ...
Tags: Aussie dollar, Australian dollar, US cents
Recently, the annual figures of the national gross domestic products (GDPs) of various countries of the European Union (EU) were published. Most of them are not very favorable compared to those for Asian countries. Most of them show a ...
Tags: GDP, European Union, finance
US meat giant Tyson Foods has said it is "optimistic" about its fiscal 2013 results, despite a second-quarter that was "more challenging than anticipated". Speaking at the Goldman Sachs 17th Annual Agribusiness Conference, Tyson COO James ...
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US investment banking and securities firm Goldman Sachs Group has disposed of its 75% stake in the Bermuda-based insurance and reinsurance company Ariel Re, for an undisclosed sum. Sources familiar with the matter were quoted by the ...
Tags: investment banking, stake, insurance
The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares