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Showing 1021 - 1030 of 1051 results for "Upgrade"

S&P maintains top investment rating on Australian economy

AAP  |  WEDNESDAY, 28 JAN 2004
Australia has retained Standard & Poor's highest investment grade rating and a change in government after the next federal election would be unlikely to affect it, the ratings agency said. Australia and Singapore are the highest ranked out of 18 countries ...

Credit quality on the turn, says S&P

... credit downgrades to upgrades in the second half of 2003 was 2.30 to one, down from a ratio of 7.50 downgrades for every upgrade in the first half of the year. Ratings were most volatile in the corporate and insurance sectors, as a result of event risk ...

Corporate credit outlook stable for 2004

AAP  |  MONDAY, 19 JAN 2004
Credit quality in Australia and New Zealand should stabilise in 2004 after a spike in corporate ratings downgrades last year, according to ratings agency Standard & Poor's. "The credit environment appears to have stabilized, with the majority of rated ...

Suncorp welcomes credit ratings upgrade from S&P

AAP  |  FRIDAY, 12 DEC 2003
Queensland-based bank Suncorp Metway Ltd today welcomed an upgrade to its credit ratings as proof it had built a solid platform for the future. Standard & Poor's Ratings Services announced it had revised Suncorp's long-term rating to A from A-minus ...

CBA expands adviser support for Financial Wisdom

The Commonwealth Bank of Australia (CBA) has significantly expanded its Adviser support package, consisting of new and improved service offerings for 400 of its Financial Wisdom Financial Planners. CBA said the initial Adviser support package consists ...

Fight on for slice of ANZ rights issue underwriting

AAP  |  WEDNESDAY, 29 OCT 2003
Financial institutions are jostling for the right to sub-underwrite ANZ Banking Group Ltd's $3.6 billion rights issue which will pay for the acquisition of the National Bank of New Zealand (NBNZ). ANZ last Friday announced it was buying NBNZ for $4.9 ...

Low rainfall sparks hopes of high insurance earnings

AAP  |  THURSDAY, 9 OCT 2003
Relatively low levels of rain in recent months have sparked hopes of three of Australia's top insurers producing even better than expected earnings in the coming year. Analysts at UBS have upgraded their earnings estimates for Promina Group Ltd, Insurance ...

Morning Market Wrap: Busy day expected; Dollar bounces overnight

In SYDNEY today, stocks on the Australian share market are likely to rise, following yet another strong lead from Wall St overnight. Trading volumes should pick up, after a subdued session yesterday while NSW, South Australian and the ACT took a public ...

Trust Company upgrades full-year profit expectations

Trust Company has upgraded its expected earnings before business and tax, for the financial year ended 28 February 2004, to be around $17 million - $3 million higher than the previous expectation announced in May 2003. Operating revenue is also expected ...

Afternoon Market Wrap: Quiet end to ASX week

Australian stocks ended the week on a positive but quiet note, as a rally in Telstra and key resources stocks helped lift the bourse in subdued trade. After jumping more than one per cent yesterday, the benchmark S&P/ASX 200 index firmed another 3.9 ...