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Showing 10191 - 10200 of 10710 results for "May 2012"

Challenger disappoints investors with big goodwill writedown

AAP  |  TUESDAY, 31 AUG 2004
The Kerry Packer-backed Challenger Financial Services Group on Monday reported its first net loss since incorporating, impacted by a massive writedown of goodwill. The $280 million writedown of the carrying value of the Challenger Life business made ...

St George says Thame to become chairman by end of year

AAP  |  MONDAY, 30 AUG 2004
St George Bank today announced it has appointed John Thame, who is currently on the board, as deputy chairman and that he will become the bank\'s new chairman at the end of the year. He will replace Frank Conroy who announced in May he will be retiring ...

Market wrap

AAP  |  MONDAY, 30 AUG 2004
The Australian stock market is likely to open slightly firmer in early trade as US markets finished last week on a positive note. However, the hangover and tailend of the earnings season, plus the confirmation that a federal election will be held on ...

Anxiety replaces complacency in Australians super planning

... (ASFA) commissioned ANOP Research Services to carry out a national survey, 'Community Attitudes to Saving for Retirement" in May /June this year highlighting that retirees' perceptions of an adequate income have moved up. In a finding similar to that ...

Young Australians the greatest beneficiaries of choice

The introduction of choice of fund legislation is the perfect opportunity to encourage young Australians towards a more active role in their superannuation planning, Aviva's chief operating officer Grant Salmon said today. "The advent of choice of superannuation ...

UK launches probe into Citigroup bond trading

AAP  |  THURSDAY, 19 AUG 2004
Britain\'s financial watchdog said on Wednesday it had launched a probe into unusual trading by U.S. financial services giant Citigroup in European government bond and derivative markets earlier this month. The enquiry centres around Citigroup\'s sale ...

HFA launches two new funds

HFA Asset Management today announced the launch of two new investment vehicles boasting the potential to achieve double digit returns. The two new funds; HFA Accelerator Plus and Octane, will both provide investors the opportunity to leverage off the ...

AXA parent may have to pay more for Aust subsidiary - analyst

AAP  |  TUESDAY, 10 AUG 2004
The takeover offer by French insurer AXA SA for its Australian subsidiary will need to be ratcheted up if it is to be accepted by independent directors and shareholders, one broking house said on Monday. In its $3.1 billion bid, AXA SA, which owns 51% ...

Argo announces record profits for 2003/04

Australian listed investment company Argo Investments, announced today a 16.7% improvement on underlying profits for the 2003/2004 financial year and a record $78.6 million after tax profit. The company, with total assets of $2.2 billion and investments ...

Speculation NAB could sell Irish banks after board meeting

AAP  |  THURSDAY, 5 AUG 2004
As the board of embattled National Australia Bank meets today to review the bank\'s operations, its title as Australia\'s biggest bank is looking more tenuous. After losing more than $5 billion in value after a shock downgrade to its profit forecasts ...