Here we go again. Australia’s Federal budget-revealing glorious new deficit, is coming is coming next week. But this week will be all about tomorrow’s Reserve Bank meeting and today’s house price data from the Australian Bureau of Statistics.
May 4th, 2009 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "macquarie group"
The Trouble With Banks
Meanwhile, there is not much we can tell you that you don’t already know about the global rout in stocks. Wall Street is at twelve- year lows. The FTSE is at six-year lows. And here in Australia the market has opened lower than its five-year low, as you’d expect after such a wretched overnight performance on global markets.
March 3rd, 2009 | Dan Denning | 6 comments | Continued
Macquarie Group (ASX:MQG) Profits Fall By 43%
Macquarie Group (ASX:MQG) told investors yesterday that its profit fell by 43%, thanks to write downs in assets. It was the first time since going public twelve years ago the “Millionaire Factory” has reported an earnings decline. Still, the $604 million profit number was higher than what analysts were expecting ($594 million) and the stock finished up over 16.5% on the day…
November 19th, 2008 | Dan Denning | 2 comments | Continued