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Showing 121 - 130 of 130 results for "MCI"

Scale is king and it saves members money too

ALEX DUNNIN  |  THURSDAY, 24 AUG 2006
Funds are no longer talking up mergers for their own sake, but it is already clear that well executed mergers or growth strategies can save members a significant amount of money. Alison McIvor, national manager marketing and communications at Australian ...

Mergers deliver cost savings to members

Vision Super and CARE Super may have abandoned plans to merge but those who took the leap, such as AustralianSuper and AUSCOAL Super, are enjoying big savings from merging their operations. Speaking at the annual Fund Executives Association (FEAL) conference ...

David Jones adds more financial services to shopping list

Leading department store David Jones has announced plans to expand its financial services operations, a move that reinforces its slogan that there's no other store like, well, David Jones. Chief executive officer, Mark McInnes, has said at the interim ...

Lennie gets ADPIA presidency

Owen Lennie has been elected president of the Australian Direct Property Investment Association (ADPIA), the main body for the direct property investment industry. Lennie steps into the role having held a number of senior positions in the direct property ...

ASIC acts against wealth management promoter

ASIC has taken action against Jamie McIntyre and his company 21st Century Academy Pty Ltd preventing them from promoting any further wealth creation schemes. 21st Century Academy specialises in conducting wealth creation seminars, DVD and compact disc ...

UNiTAB to give update $2 billion Tab takeover bid

Queensland's UNiTAB Ltd today said it expects to give an update on its $2 billion takeover bid for NSW-based Tab Ltd in the next week. "This update will be made following UNiTAB's consideration of the positive finding made by the independent financial ...

David Jones says Q2 sales up 3.3%

Australian upmarket retailer David Jones Ltd said today that it is on track to meet its 2003/04 sales growth forecast of 1.5-25 per cent after second quarter sales rose by 3.3 per cent. The company said that first half sales were up 2.8 per cent from ...

David Jones expects profit in 2003/04 after announcing net loss

Upmarket retailer David Jones Ltd today said it expects its 2003/04 profit (after tax) to be between $52 million and $56 million - before reset preference shares. The retailer today posted a net loss for the year ended 26 July 2003 of $25.5 million ...

David Jones reports 2.6% increase in annual sales

Upmarket retailer David Jones Ltd is on track to achieve the upper end of its 2002/03 net profit forecast, but is still expected to post an annual loss due to its Foodchain exit. The retailer today reported a 2.6 per cent increase in annual sales to ...

US ruling approves US$750 million WorldCom settlement

WITH AAP  |  TUESDAY, 8 JUL 2003
... misdeeds in the future," Judge Rakoff said. This settlement marks a significant step forward for WorldCom, which was renamed MCI earlier this year, as it seeks to emerge from bankruptcy. The loss to WorldCom shareholders as a result of the fraud - the ...