National Australia Bank

Watch: GM's Friends and Family Discount (at Minyanville.com)

yahoo.com     15 hrs ago   1 related          

Goody goody gum drops! General Motors is extending its employee discount to "friends" and "family". Will this have any impact on sales? Todd mouths off. And what of airline stocks? Interestingly, there's little historical...                

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Market forces: Insurers shiver in cold winds from Germany

guardian.co.uk     12 hrs ago   1 related          

Bad news from a couple of German insurers sent tremors through their British counterparts yesterday. Legal & General finished 7.1p lower at 98.6p, RSA Insurance Group fell 6.5p to 128.8p, Aviva was down 21.5p at 490p,...                

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Credit crunch: Australian bank adds £480m to write-downs

guardian.co.uk     12 hrs ago          

National Australia Bank, owner of Clydesdale and Yorkshire, unsettled the banking sector yesterday by raising its credit crunch write-downs to A$1bn (£480m) and suffering the biggest one-day fall in its share price since the...                

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abc.net.au: NAB shares plunged as much as 12.7 per cent. abc.net.au

Market takes biggest plunge in 6 months

yahoo.com     yesterday   42 related          

The Australian share market has had its worst day since January 22, when stocks fell 7 per cent. The ASX 200 has tumbled 3.4 per cent to 4,971 and the All Ordinaries index fell 157 points to 5,031. Although stocks were already...                

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washingtonpost.com: Market Index Charts washingtonpost.com

JP Morgan discusses breakup of UK's HBOS: report

washingtonpost.com     yesterday   32 related          

LONDON/SYDNEY (Reuters) - U.S. investment bank JP Morgan (JPM.N) has held talks with potential partners about forming a consortium to break up British mortgage lender HBOS (HBOS.L), The Daily Telegraph newspaper reported.                

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Asian markets sink; European markets rebound after positive U.S. durable goods report

iht.com     20 hrs ago   28 related          

World markets were mixed Friday, as an overnight drop on Wall Street and more concerns about the U.S. housing and financial sectors led many investors to take profits after a recent rally. European markets clawed back some of...                

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Australian stocks plunge after bank makes bad loan provisions; index drops 3.4 percent

iht.com     yesterday   2 related          

Australian stocks plunge after bank makes bad loan provisions; index drops 3.4 percent : Australia's main stock index recorded its largest one-day fall in six months on Friday after one of the country's biggest banks announced...                

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You’ve heard of subprimes: the new four letter word is “CDO”

digitaljournal.com     yesterday   6 related          

Posted 18 min ago by Paul Wallis (Wanderlaugh) in Business | 12 views Subprimes aren’t the only dubious debts around. Australia’s biggest bank has just announced $830AU million provision for losses on collateralized debt...                

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Futures Flat Ahead of New-Home Sales

wsj.com     yesterday   1 related          

Stock futures traded around weekly lows ahead of what may be flat durable-goods orders and declining new-home sales. Asian markets suffered steep losses, with banking shares pummeling regional indexes. European markets also...                

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European shares slide, insurers hit by Munich Re forecast

yahoo.com     22 hrs ago   34 related          

LONDON (AFP) - Europe's main stock markets dropped on Friday, led by the insurance sector which tumbled after German re-insurance giant Munich Re warned that its 2008 net profit would miss targets. Overall, losses on the...                

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