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Showing 11161 - 11170 of 11521 results for "DIV"

NAB chief executive rules out UK and Irish sell-off

AAP  |  TUESDAY, 6 APR 2004
New National Australia Bank chief executive John Stewart has reportedly scuttled renewed speculation the group was thinking of selling its United Kingdom and Irish operations. In an interview with a UK-based newspaper, Stewart said he had no plans to ...

Zurich launches new managed equity fund initiative

AAP  |  WEDNESDAY, 31 MAR 2004
Zurich Financial Services has launched a new managed equity fund initiative designed to meet the specific needs of its investors more effectively. The financial services provider said the fund initiative for the $1.3 billion of Australian equity fund ...

Macquarie raises $230 million for US infrastructure fund

AAP  |  TUESDAY, 30 MAR 2004
Macquarie Bank today said it raised nearly $230 million for a United States closed-end infrastructure fund. The investment bank said its Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MDF) issued 8.5 million shares at ...

Cromwell to sell units in second CDPT offer

AAP  |  TUESDAY, 30 MAR 2004
Cromwell Corporation Ltd said it was selling units in the second offer of the Cromwell Diversified Property Trust (CDPT). CDPT is an unlisted trust managed by Cromwell Property Securities Ltd (CPS), which is offering 146,298,335 units at a dollar per ...

NAB dividends appear safe, says analyst

AAP  |  FRIDAY, 26 MAR 2004
National Australia Bank's high dividends do not appear to be in danger despite the demands placed on the bank by APRA yesterday, according to one analyst. NAB generates around $1.5 billion in excess capital every year with a dividend pay out in the ...

APRA raised risk management concerns in January 2003

AAP  |  THURSDAY, 25 MAR 2004
Australia's banking regulator raised concerns about risk management at National Australia Bank with the bank's board in January 2003, according to a report out yesterday on the forex trading scandal at NAB. The Australian Prudential Regulation Authority ...

S&P says consolidation in Listed Property sector is slowing

AAP  |  FRIDAY, 19 MAR 2004
Standard & Poor's said yesterday that the consolidation in the Australian property trust sector seen in 2003 appears now to be slowing. It said in its wake, were left larger, more diverse listed property trusts (LPTs) and stapled property groups. Craig ...

AMP Capital proposes IPO of DUET, establishes joint venture with Macquarie

AAP  |  THURSDAY, 18 MAR 2004
AMP Capital Investors, the manager of the Diversified Utilities and Energy Trusts (DUET), today announced a proposed initial public offering of DUET. It also said it would establishment a 50:50 joint venture with Macquarie Bank for the ongoing management ...

NAB head of foreign exchange resigns

AAP  |  THURSDAY, 18 MAR 2004
National Australia Bank Ltd (NAB), stung by $360 million in forex trading losses, yesterday said the head of its global foreign exchange division, Peter Cunningham, has resigned. NAB sacked five foreign exchange traders, while three senior executives ...

Challenger says divests non core property assets

AAP  |  TUESDAY, 16 MAR 2004
Diversified financial services company Challenger Financial Services Group Ltd said today it has entered into unconditional contracts for the sale of 11 properties to Cromwell Corporation Ltd for $152 million. Challenger said this is an increase of ...