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Showing 10431 - 10440 of 10717 results for "May 2011"

Midday Market Wrap: Resources pull back

The Australian share market remained weaker at noon, following a lacklustre session on Wall Street overnight. Resources stocks have pulled back from yesterday's gains while some banking stocks have gained ground in the overall weaker market. At 1200 ...

Industry fund takes strong stand on corporate governance

Unisuper has instructed its investment managers to vote on any corporate governance resolutions of Australian companies in which it invests, under a new set of guidelines adopted by the fund. As part of Unisuper's corporate governance policy, the fund ...

AMP releases demerger plan

AAP  |  FRIDAY, 17 OCT 2003
Troubled financial services group AMP Ltd yesterday forecast higher profits as it received the all clear to release a hefty document outlining its demerger plan. In the 629-page explanatory memorandum, AMP predicted its Australian operations will lift ...

Policy reflation likely for the US

In the third quarter of 2003, the negative gap between the Fed's funds rate and nominal GDP growth was likely the widest since the late 1970s thus leading to a greater stance of policy reflation in the US. Harvinder Kalirai, senior strategist at State ...

ASIC moves to restrain Aloe project financiers

The Australian Securities & Investments Commission (ASIC) has commenced proceedings in the Supreme Court of Queensland to restrain Export Growth Finance Pty Ltd (EGF) from pursuing demands issued to investors who invested in the Australian Aloe Ltd ...

Midday Market Wrap: US dollar rebound flattens dollar

The Australian dollar has fallen half a US cent to noon, weighed down by a continued rebound in the US dollar. At 1200 AEST the Australian dollar was trading at $US0.6874/79 compared with yesterday's close of 0.6920/23. The currency was on the back ...

Far from ancient Mariner sails into port

Emerging financial services group Mariner Financial Ltd (MFI) celebrated its launch this week, also announcing the appointment of a core management team to develop the organisation's presence in Australia's growing property and annuities markets. Former ...

Afternoon Market Wrap: Bank rebound offsets resources sector

A rebound by the banks offset some heavy profit taking in the resources sector as the Australian share market edged to a fresh 16 month high today. Macquarie Equities client adviser Helen Spencer said overall the market had suffered a change in sentiment ...

Midday Market Wrap: Dollar strong, bonds weaker

The Australian dollar was stronger at noon after hovering around the $US0.6900 level overnight, with analysts saying the volatility was driven by a touch of strength in the United States dollar. At 1200 AEST the Australian dollar was trading at $US0.6890/95 ...

NAB quiet on AMP plans

AAP  |  WEDNESDAY, 15 OCT 2003
National Australia Bank Ltd chief executive Frank Cicutto was keeping his plans for potential takeover target AMP Ltd a secret today, refusing to reveal to New York fund managers and the media his bank's next move. Mr Cicutto re-confirmed NAB was not ...