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Showing 10581 - 10590 of 10710 results for "May 2012"

ICI reports US ETFs total $118 billion

The combined assets of US exchange-traded funds (ETFs) in May were US$118.44 billion (A$178.52 billion), according to the Investment Company Institute (ICI), the US investment industry association. The ICI monthly ETF report revealed assets of all ETFs ...

S&P rates Mirvac securitisation program

Standard & Poor's Ratings Services today assigned its preliminary AA and A1-plus ratings to the medium-term notes (MTNs) and commercial paper (CP) to be issued by Mirvac Finance Ltd. S&P said that this transaction is among the first of its type in the ...

Superannuation bill rejected by Labor

Government plans to reduce the superannuation surcharge from 15 per cent to 10.5% and introduce an exclusive tax cut for high income earners were rejected last night as Labor opposed a superannuation bill in the Senate. "This is a blatantly unfair tax ...

AMP to close its UK pensions entity NPI to new business

As part of its demerger process, AMP has announced that it will close its UK pension business NPI Limited to new business and manage it as part of its UK Life Services (UKLS) business. "After thorough consideration of all its options, we have decided ...

Morning market wrap: US stocks slump on earnings doubts

US stocks fell overnight, as a spate of corporate profit warnings prompted investors to take profits. Major US indexes have surged by over 25% since early March in expectation of a strong pick-up in US corporate profits in the second half. But a growing ...

Adelaide Bank expresses concern at APRA policy paper

Adelaide Bank has expressed concern at an alleged policy discussion paper that may be released by the Australian Prudential Regulation Authority (APRA) in the near future; which deals with proposed changes to the capital treatment of capitalised costs. ...

Macquarie reports $333 million annual net profit

WITH AAP  |  TUESDAY, 24 JUN 2003
Macquarie Bank Ltd chief executive Allan Moss may have taken a pay cut, but he still received nearly $6 million in total remuneration this year, the investment bank's 2003 annual report revealed today. The report states that Mr Moss took a total remuneration ...

Moody's report assesses domestic LPT sector consolidation

Australia's Listed Property Trust (LPT) sector has undergone a high level of consolidation in recent years, driven by the realisation that size, efficiency and asset diversification provide the best competitive advantages for attracting investor capital ...

Southcorp appoints McClintock chief financial officer

WITH AAP  |  TUESDAY, 24 JUN 2003
Australia's biggest winemaker, Southcorp Ltd, today appointed Steve McClintock chief financial officer. Mr McClintock had been acting in the position since April this year. "The fact that someone with Steve's experience decides to join us full-time ...

Southcorp chief denies sale rumours; S&P downgrades credit rating

After months of wine industry speculation that Foster's Group Ltd may be courting the company for takeover, Southcorp Ltd chief executive John Ballard today said the troubled wine making business was "absolutely not" for sale. Southcorp expects to make ...