Stockbroking firm Intersuisse has unveiled its new brand following the acquisition of Austock Securities, and it has opted for a name that won’t easily be forgotten.
US stocks held steady in the green on Tuesday afternoon on growing confidence about the US job market and hope that Greece will reach a debt deal.
The Dow Jones industrial average is on pace to close at its highest level since May 2008.
Perth-based advisory and stockbroking firm Argonaut has been appointed by Sino Gas and Energy Holdings as its corporate advisor.
In connection with the appointment, Argonaut will receive 30 million options, exercisable at 7.5 cents on or before five years from the date of issue.
Weak equity values and a slowdown in deal flow have resulted in Perth-based stockbroker and funds manager Euroz reporting a sharply lower profit for the half-year to December 2011.
Former Hogan and Partners stockbroker Jonathan Kur has been charged with fraud after an 18-month investigation by the Australian Securities and Investments Commission.
Perth-based stockbroking and investment house Argonaut is expanding its reach to alternative capital markerts in Asia, with the launch of its first office in Hong Kong.
The company said it was aiming to triple the size of its Hong Kong outpost within three years.
Stockbroking firm Hartleys has joined most of its industry peers in recording a bumper profit increase for the year to June 2011, a result that is unlikely to be matched in the current financial year.
Local brewer Gage Roads has told the ASX that recent share price gains are most likely due to positive news presented to the market about its expansion plans on the back of strong sales.
The global economic downturn has cut Hartleys' net profit after tax by 64 per cent to $6 million for fiscal 2009, in what has been described as a good result by the group's chairman.
THE number of Western Australian companies considering listing on the local stock exchange may be gaining momentum, but the frantic activity from a couple of years ago is not likely to occur any time soon.
The global economic downturn coupled with two major acquisitions has pushed the bottom line of Patersons Securities into the red, with the Perth stockbroking firm recording a net loss of $389,238 for the 2009 financial year.
Stockbroking firm, Patersons Securities has launched a new specialist fixed income and hybrid securities joint venture based in Sydney called Davies & Partners.
Several West Perth-based junior companies have today revealed plans to raise a collective $32.75 million to progress projects in Australia, South Africa and the United States.
West Perth-based Antares Energy has pocketed $10 million and plans to raise a further $2 million to buy additional Eagle Ford shale acreage in Texas and boost working capital.
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