News Archive

2009

2008

Bank Investments News

Nab Shares Plunge 13.5%

Saturday July 26, 2008
NATIONAL Australia Bank shares have had their biggest one-day loss since the 1987 sharemarket crash, after the bank said it might lose more than $1 billion in investments linked to the distressed US mortgage market.

Just Sell It, Lew Urges Sweetly

Thursday July 24, 2008
THE Solomon Lew-chaired Premier Investments has sweetened the cash component of its takeover bid for Just Group, and says its latest offer for the fashion retailer is final.

Sacre Bleu! Le Bail-out Ruffles Us Feathers

Thursday July 17, 2008
BLUE-CHIP stocks are tumbling, the US Government is in crisis talks over home loans, and armed police are standing guard out the front of US IndyMac branches amid a run on the bank.

At The End Of The Trading Day, Everyone's Down For A Bit Of Deutsche Bargain

Friday July 4, 2008
You can't do much about a thinly traded stock, but that did not stop Deutsche Bank last Friday.