QBE Goes Again
QBE Insurance kept the market wondering Monday, and then extended its suggested offer for the proposed takeover of Insurance Australia Group by another two weeks.
Read MoreQBE Insurance kept the market wondering Monday, and then extended its suggested offer for the proposed takeover of Insurance Australia Group by another two weeks.
Read MoreA solid finish in the US on Friday night as slightly better than expected jobs figures, manufacturing data and a rise in the US dollar combined to push markets higher.
Read MoreConfusing times for commodities.
Read MoreJust a normal week for oil prices.
Read MoreIn the US it seems the Federal Reserve is concentrating on calming the markets and not really worried about an assessment of the crisis and progress to ease the strain. Certainly more politicians and bankers are calling the crisis ‘nearly over’: the latest being US Treasurer Secretary Hank Paulson.
Read MoreShares in Australia’s second biggest energy retailer, Origin Energy jumped by almost 40% yesterday after it said it had received a $13 billion takeover offer from British gas company, BG Group.
Read MoreThe market gave a thumbs down to Orica’s interim result, even thought it seemed reasonable.
Read MoreMoney is vital at all times, not just now when its cost and availability are both a bit difficult to work out, and at a premium when you can find some.
Read MoreCorporate confidence in the future of the economy has again fallen sharply, according to the latest Business Confidence survey from the National Australia Bank.
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