The Guv also said he would not be too timid about raising interest rates. He believes the threat [of global financial calamity] has passed and that the bigger threat may well be inflation. That kind of tough talk sent the Aussie dollar right up to over 92 cents against the greenback. If it weren’t late fall, now might be the perfect time to take a trip to America and see how cheap things really are.
October 16th, 2009 | Dan Denning | 13 comments | ContinuedAll Posts Tagged With: "shareholders"
Dividends and a Sea Change in Corporate Behaviour Toward Shareholders
Maybe we’re getting ahead of ourselves with the idea that Aussie companies will begin boosting dividends to attract shareholders. After all, Bloomberg reports that Aussie firms tapped the equity markets for over $90 billion in capital in the last fiscal year. It’s what you do when you’re rebuilding your balance sheet and paring back debt.
July 8th, 2009 | Dan Denning | 1 comment | Continued
Rio Scraps Deal to Sell to Aluminium Corporation of China
So what now? Well, the Chinalco bid came at the bottom of the market. Things are a bit better now. And shareholders seem eager to provide the needed capital rather than bringing on board a suitor whose intentions are at best, opaque.
June 5th, 2009 | Dan Denning | 0 comments | Continued
Stock Market Collapse Can Be Explained By Panicked Forced Selling
Much of the recent stock market collapse can be explained by panicked forced selling, rather than fundamentals. Sure, we’re going to have a long, deep recession – especially in certain sectors of the economy. But you must also keep in mind that stocks are denominated in paper money. Central banks and governments are fighting this credit crunch with the greatest wave of inflation in history…
December 11th, 2008 | Dan Amoss | 8 comments | Continued
UBS Bet $80 Billion of Shareholders’ Money on US Mortgage Securities
UBS bet $80 billion of shareholders’ money on US mortgage securities. So far, it has lost $37 billion. UBS shareholders seemed to think that what happened to them should have been illegal…
April 8th, 2008 | Bill Bonner | 1 comment | Continued