MELBOURNE, Australia�National Australia Bank Ltd. NAB -2.68 % moved to shore up its capital base, unveiling a 5.5 billion Australian dollar (US$4.4 billion) rights issue that will help the lender make a clean break from its troubled U.K.
SHARES in software provider Sage went up by 8.36 per cent yesterday after the firm reported a 6.5 per cent increase in revenue during the six months to 31 March, up to �699m from �657m in the same period of last year.
Gold extended a decline before monthly employment data after Federal Reserve Chair Janet Yellen said bond yields �could see a sharp jump� when the central bank increases interest rates.
SAINSBURY'S became the latest supermarket to take the knife to its final dividend yesterday, joining banks and oil companies in what analysts called a �horror show of income slashers�.
IMPERIAL Tobacco said it was on track to meet its full-year targets yesterday despite ongoing turbulence in Iraq leading to a five per cent fall in tobacco volumes.