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Showing 991 - 1000 of 1028 results for "King"

NAB takeover of AMP a risk to BT if executed well: BT

AAP  |  FRIDAY, 21 NOV 2003
BT Financial Group today said a National Bank of Australia (NAB) Ltd takeover of AMP Ltd would be a risk to its business if it was executed well. NAB holds a five per cent stake in AMP and has been eyeing it as a takeover target once the troubled financial ...

Macquarie Financial sells South African joint venture holding

Macquarie Financial Services Group today announced it has sold its 33.33 per cent shareholding in its South African joint venture, Innofin, to its joint venture partner, Sanlam. Macquarie's interest in Innofin was sold for R 90 million ($A18.7 million) ...

Afternoon market wrap: Australian stocks edge higher

The Australian share market closed slightly higher today due to a strong performance in the banking sector. The benchmark S&P/ASX 200 index edged 2.4 points higher to 3203.0 while the all ordinaries index dipped 0.3 of a point to 3217.4. Macquarie Equities ...

Australian tax burden less than OECD average: Costello

The latest Organisation for Economic Cooperation and Development (OECD) revenue statistics reveal that Australia has the sixth lowest taxes amongst the 30-nation group. "This was 6.8 percentage points lower than the OECD average of 36.9% and represents ...

AXA says NAB-AMP entity a "threat, but also an opportunity"

AAP  |  THURSDAY, 16 OCT 2003
AXA Asia Pacific Holdings chief executive Les Owen said today a National Australia Bank Ltd takeover of AMP Ltd would be considered a "threat but also an opportunity" for his financial services company. "A threat because simply a merged NAB-AMP would ...

Labor marks Anti-Poverty Week with new proposals

The Federal Opposition Labor party will mark Anti-Poverty Week with a commitment to convene a national summit on poverty and inequality and set targets for income, employment, health, education and community services as part of a whole government strategy ...

AMP shares drop with UK value reduction

AAP  |  TUESDAY, 14 OCT 2003
Shares in AMP Ltd dropped back this morning after it said a reduction in carrying value of around $2.4 billion was possible for its United Kingdom operations. The shares were put in a trading halt but when they hit the market just after 1100 AEST, they ...

AMP faces $1 billion writedown

AAP  |  TUESDAY, 14 OCT 2003
Troubled financial services group AMP Ltd will reportedly take another $1 billion hit on the value of its United Kingdom business. The Australian Financial Review reported today the writedown will come as part of AMP's planned demerger of its Australasian ...

AMP shares soar as Mohl details demerger plan

AAP  |  MONDAY, 13 OCT 2003
Shares in AMP Ltd charged through the $7.00 barrier in early trade today as chief executive Andrew Mohl began updating analysts on details of the group's demerger plan. AMP on Friday revealed that it had received regulatory approval in Australian and ...

Afternoon Market Wrap: ASX in positive territory

The Australian share market finished in positive territory today buoyed by signs of a sustained recovery in the United States. Jobless claims in the US fell by 23,000 to 382,000 which CMC Group dealer James Foulsham said gave the market more confidence ...