Archive for June, 2009
Packer loses $307 million on resort
Sourced At http://www.finance.news.com.au/story/0,10166,25624555-5017676,00.html?from=public_rss
JAMES Packer’s $US250 million ($307m) loss from the bankrupt Fountainbleau Las Vegas Resort had been expected by the market, according to several analysts.
Government still predicts 1m jobless
Sourced At http://www.finance.news.com.au/story/0,10166,25624612-5017676,00.html?from=public_rss
- Government stands by forecasts
- One million still expected to be out of work
- Jobless rates: Jumps back to 5.7 per cent
Wall Street gains on jobs data
Sourced At http://www.finance.news.com.au/story/0,10166,25624501-5017676,00.html?from=public_rss
WALL Street shares ended with modest gains today as data showing a rise in US retail sales and lower unemployment claims helped soothe fears of rising oil prices and interest rates.
BrisCon chases defaulters
Sourced At http://www.finance.news.com.au/story/0,10166,25624525-5017676,00.html?from=public_rss
TOLL road builder BrisConnections has launched a flood of legal claims around the country against 140 investors who defaulted on the second instalment payment on their partly paid securities.