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Showing 11 - 20 of 47 results for "Bear Stearns"

No more short cuts

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
... after more reports emerge that short-sellers are at the root of the current malaise in the financials sector - with Bear Stearns and Lehman Brothers among the casualties. In Australia, the Australian Securities and Investments Commission (ASIC) said ...

Where to in global equities?

MICHELLE BALTAZAR  |  TUESDAY, 16 SEP 2008
... that," he said. Not just PE ratios, price-to-book are also not a fool-proof indicator of value buys. "Lehman and Bear Stearns were trading below price-to-book before the events that happened...this highlights the value of deep analysis when you're looking ...

IML overhauls staff retention strategy

MICHAEL HOBBS  |  FRIDAY, 5 SEP 2008
... London as an equities analyst at ING and a number of other firms. In addition, IML hired former Paul Winter, former Bear Stearns analyst, and Andrew Harrison as quantitative analyst's. Following the departure of senior portfolio manager, Paul Frost and ...

FBI sting catches $2.4bn mortgage fraud

... (FBI) swooped down Wall Street after charging more than 400 individuals for mortgage-related fraud and booked two ex-Bear Stearns hedge fund managers with conspiracy and securities fraud. In an investigative operation called 'Operation Malicious Mortgage' ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 APR 2008
... Federal Reserve chairman Ben Bernanke acknowledged a recession is possible and defended the rescue of investment firm Bear Stearns as a move to avert a potential economic calamity. The Dow Jones industrial average declined 75.66 points, or 0.60 per cent ...

Market wrap - midday

AAP  |  WEDNESDAY, 2 APR 2008
... overnight after strong demand for a Lehman Brothers share offering quelled fears it was headed toward a fate similar to Bear Stearns and a $US19 billion ($A20.83 billion) write-down by Swiss bank UBS AG reinforced the view that the banks were aggressively ...

More regulation coming: Clancy

MICHAEL HOBBS  |  TUESDAY, 1 APR 2008
... obvious outcomes is that more regulation is on the way for many firms in the global financial system. If firms like Bear Stearns are fundamental to the stability of the financial system, then they will inevitably be regulated as such." Clancy said governments ...

Cash is still king

... Four in ten respondents predict the market will end flat or down less than 10 per cent. The proposed acquisition of Bear Stearns at fire sale prices only reinforced the bearish sentiment. "The Australian share market has a disproportionate weighting ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 MAR 2008
... or 0.63 per cent, to 2,341.52. LONDON - UK stocks rallied 3.5 per cent as banks led gains after a raised offer for Bear Stearns from JPMorgan Chase & Co soothed market jitters about the financial sector. The FTSE 100 closed at 5,689.1 points, up 193.9 ...

Market Wrap - Morning

AAP  |  TUESDAY, 25 MAR 2008
... higher on Monday, with the S&P 500 index marking its highest close for the month, after a raised buyout offer for Bear Stearns Cos Inc suggested that financial stocks may have reached bottom, especially in light of fresh data that fueled hopes for a ...