Commodities - Energy Crude Supported as Trichet Feeds Greek Bailout Speculation
Crude Oil (WTI)
$72.49
+$0.60 +0.83% Prices remain range-bound
above resistance-turned-support at the top of a previously broken falling
channel
MACQUARIE GROUP'S profit will return above the $1 billion-mark this year but
its shares slumped after an earnings update fell short of expectations,
suggesting the investment bank was failing fully to catch the recovery in the
global economy. Its chief executive, Nicholas Moore, said
Feb. 8 (Bloomberg) -- UBS AG , the European bank with the biggest losses from
the credit crisis, is poised for an earnings rebound that may help it catch up
to Credit Suisse Group AG . “UBS was a catastrophe,” said Eric Bendahan , who
manages Banque Syz & Co.’s 1.8 billion-euro
Harvey Norman reported yesterday that sales for the six months to December 31
were $3.27 billion against $3.15 billion in the previous corresponding period,
representing a lift of 4%. The shares closed down 10 cents, or 2.7 %, at $3.62.
Although the company said sales for the month
"All of his bonus is in deferred equity, there is no cash," said spokesman Joe
Evangelisti on Friday. News about Dimon's hefty bonus comes amid a public
furore over big bonuses that some blame for the excessive risk taking that
fuelled the global financial crisis . Last
The New York University professor spoke in a Bloomberg Television interview
today as the S&P 500 staged a rebound in the final hour of trading. After
sinking 1.8 percent earlier amid concern European nations including Greece will
be unable to repay their debt, the index turned positive. The S&P
Australia's benchmark ASX200 share index extended its recent falls, losing 2.3
per cent - or more than $25 billion in value - closing at a three-month low.
The Australian dollar also touched levels close to the lowest in a half a year.
While the index is about 45 per cent higher than its lows
AFP Jamie Dimon, chief executive and chairman of Wall Street investment giant
JPMorgan Chase, has reaped a 2009 bonus of about $US16 million ($A18.5 million)
in shares and options on shares, a bank spokesman says. "All of his bonus is in
deferred equity, there is no cash," said
Click to enlarge photo "All of his bonus is in deferred equity, there is no
cash," said spokesman Joe Evangelisti. News about Dimon's hefty bonus comes
amid a public furor over big bonuses that some blame for the excessive risk
taking that fuelled the global
Australia's benchmark ASX200 share index extended its recent falls, losing
almost 3 per cent - or more than $30 billion in value - by early afternoon
trading, slipping to hit a five-month low. The Australian dollar also touched
levels close to the lowest in a half a year. While the index is
Commodities - Energy Crude Supported as Trichet Feeds Greek Bailout Speculation
Crude Oil (WTI)
$72.49
+$0.60 +0.83% Prices remain range-bound
above resistance-turned-support at the top of a previously broken falling
channel
