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Showing 13051 - 13060 of 21799 results for "Dec"

Market Wrap AM

AAP  |  FRIDAY, 14 FEB 2014
The Australian market looks set to open higher following gains on Wall Street which rallied after several companies reported higher earnings. At 0645 AEDT on Friday, the March share price index futures contract was up 40 points at 5,303. Time Warner ...

Blame it on the boogie

BENJAMIN ONG  |  FRIDAY, 14 FEB 2014
It's the weather, stupid! This was how Wall Street interpreted last disappointing data on retail spending and weekly jobless claims. 'Twas a convenient excuse (rationale?), particularly last night when a skyful of snow dropped on the East Coast about ...

ASIC cancels Capital Advisers' licence

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services (AFS) licence of Capital Advisers. The regulator also cancelled Capital Advisers' Australian credit licence following concerns that the group ...

Market Wrap

AAP  |  THURSDAY, 13 FEB 2014
The Australian sharemarket has opened slightly higher after Telstra lifted its first half profit by almost 10%. Telstra on Thursday morning announced a profit of $1.7 billion for the six months to December 31, up from $1.56 billion a year ago. "Clearly ...

Phones and tablets take over online broking

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
More than half of current online share investors use a smart phone or a tablet to invest or are intending to do so in the next 12 months. According to the Investment Trends 2013 Second Half Australia Online Broking Report as many as 45% of online share ...

Australian operations boost GBST

MARK SMITH  |  THURSDAY, 13 FEB 2014
Strong Australian sales helped listed technology and data provider GBST's net profit after tax for the half-year to 31 December 2013 rise 87% on the same period the year before. According to an announcement on the Australian Securities Exchange (ASX) ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
So what happened? Why did the previous day's Yellen yay turned into a Yellen yawn last night? Profit-taking?A Perhaps. Then again, why oh why? Why wouldn't the denizens of Wall Street lighten up their risks portfolios just a day after assured you, I ...

Market Wrap

AAP  |  WEDNESDAY, 12 FEB 2014
The Australian share market has risen on the back of the Commonwealth Banks' strong half year profit. A strong lead from Wall Street combined with outstanding earnings reports, first from ANZ and now the CBA, has lifted the market, IG Markets dealer ...

Windham wins first Australian mandate

MARK SMITH  |  WEDNESDAY, 12 FEB 2014
Boston-based multi-sector manager Windham Capital Management has been awarded a $150 million mandate by an unnamed "prominent industry super fund." This is the first mandate in the Australian market for Windham Capital Management, following a number ...

CBA posts $4.27bn half year profit

AAP & ALICE URIBE  |  WEDNESDAY, 12 FEB 2014
Commonwealth Bank (CBA) has posted a $4.27 billion half year profit, up 14% on the previous year, helped along by strong growth in the wealth management division. The group's wealth management earnings as average funds under administration (FUA) grew ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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