Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 47 results for "Bear Stearns"

Market Wrap - Morning

AAP  |  TUESDAY, 18 MAR 2008
... higher on Monday helped by an advance in the shares of JPMorgan Chase & Co after it agreed to a buyout of troubled Bear Stearns, raising hopes that fallout from the Wall Street bank's demise may be contained. But the broader market finished lower amid ...

Bear Stearns a 'reasonable risk': JPMorgan

... group is taking reasonable risk and have built in an appropriate margin for error in the proposed acquisition of Bear Stearns. Local banking stocks are down today after news of JPMorgan Chase's merger with Bear Stearns, the investment banking giant which ...

Market Wrap - Midday

AAP  |  MONDAY, 17 MAR 2008
... institutions on Sunday to increase the cash available to the banking system, and JPMorgan Chase said it would buy rival bank Bear Stearns, which needed funding assistance last week to avert collapse. At 1200 AEDT, the benchmark S&P/ASX200 index had tumbled ...

Market Wrap - Morning

AAP  |  MONDAY, 17 MAR 2008
... Ordinaries added 72.8 points, or 1.4 per cent, to 5288.5. NEW YORK - US stocks tumbled on Friday as an emergency rescue of Bear Stearns orchestrated by the US Federal Reserve revived fears about a deepening global credit crunch, triggering a massive ...

Market wrap

AAP  |  FRIDAY, 14 MAR 2008
... favour of a bid by a Canadian state pension fund to acquire a 40 per cent stake in the airport. NEW YORK - Shares of Bear Stearns Cos plunged Thursday amid worries that hedge funds and other traders are nervous about entering into long-term trades with ...

US-Aust rates spread widens to 250 bps

ALEX DUNNIN  |  WEDNESDAY, 12 DEC 2007
... controls oil, but hey they can control the next best thing: money. Which is why the Wall Street Journal has reported Bear Stearns saying, "The Fed continues to couch its policy actions in terms of their impact on economic growth rather than admit that ...

Market Wrap - Morning

AAP  |  TUESDAY, 4 DEC 2007
... fell after Deutsche Bank cut its profit estimates through 2008 on the nation's top five investment banks, including Bear Stearns, Lehman Brothers and Morgan Stanley. These stocks dropped about one per cent or more, while the S&P financial index also ...

Sub-prime Godzilla tramples Japan

SUZY MAC  |  THURSDAY, 15 NOV 2007
... these losses more than offset by revenue growth to an end result of Q3 profit remaining up compared to last year. Bear Stearns fared better then expected, with write-downs limited to $1.33 billion. The Federal Reserve is also opening the Kimono in the ...

Market Wrap - Morning

AAP  |  THURSDAY, 15 NOV 2007
... day in positive territory as an advance by the shares of energy companies like Exxon Mobil and big banks such as Bear Stearns Cos Inc tempered doubts about the sustainability of Tuesday's sharp gains. The Dow Jones industrial average was down 35 points ...

Bear bargains and ambulance chasers

SUZY MAC  |  THURSDAY, 27 SEP 2007
... markets, in an investor version of ambulance chasing, bargain hunters are gathering around sub-prime casualties. Bear Stearns, the second biggest underwriter of US mortgage bonds, suffered a stock landslide of more than 15 per cent and saw its third ...