Macquarie urged to cut 1000 jobs as shares slump - Telegraph.co.uk
Mon, 18 Jul 2011 16:44Macquarie's share price slump has prompted some analysts to call for sweeping job cuts or even a break-up of the Australian financial institution. Citigroup argued that cutting 1000 staff, or 6.4pc of Macquarie's total workforce, could help the bank ...
BREAKFAST DEALS: Santos swoops - Business Spectator
Mon, 18 Jul 2011 21:52Meanwhile, the AFR reports that the share price weakness may also prompt Macquarie to divest its stake in MAp group, which is in talks with Canada's Ontario Pension Fund over an asset swap. Macquarie still holds a 22.4 per cent stake in MAp, ...
Three clearing firms face an uncertain future - InvestmentNews
Sun, 17 Jul 2011 10:16Its share price dropped by nearly half to just over $3 and has yet to recover. The competitive pressures in the clearing business, combined with a low-interest-rate environment that's hurting lending and cash management operations, have made life ...
Bernanke Damps Additional Stimulus Prospects - Bloomberg
Fri, 15 Jul 2011 05:56In House testimony on July 13, Bernanke said the Fed still has tools for stimulus, and that “we have to keep all the options on the table,” driving share prices higher. “It's not the whole Congress that says QE3 is a bad idea, but definitely they have ...
Broker Roundup: Provident Financial, KESA, ENRC, Medusa Mining, Kenmare ... - Proactive Investors UK
Thu, 23 Jun 2011 14:49The broker says that while weakening of the spot price for ferrochrome has led to a 5% downgrade in its 2011 earnings for the group, this has had little impact on its valuation for the stock or its 2012-2013 forecast. The broker, furthermore, argues ...
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