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Showing 1511 - 1520 of 2061 results for "BID"

AMP circles AXA Asia Pacific

MICHAEL HOBBS  |  MONDAY, 9 NOV 2009
AXA Asia Pacific independent directors have rejected AMP's $4 billion bid for AXA's Australian and New Zealand businesses, creating the first hurdle in a landmark deal that could, if it goes through, create a new Australian insurance and financial planning ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 NOV 2009
... selling by hedge funds also weighed on the market. Sanyo Electric lost a fifth of its value after Panasonic Corp launched a bid for shares in the world's largest rechargeable battery maker. Although Panasonic's offer was unchanged from terms announced ...

Joined at the hip

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2009
... And then there's the iffy news. Another reason blamed for Wall Street's trimming of its overnight gains is news of a well-bid auction of 2-year Treasury notes. This, according to reports suggests that investors are seeking lower risk assets. This could ...

Market Wrap - Midday

AAP  |  TUESDAY, 27 OCT 2009
The Australian stock market was lower at noon and profit takers sold down and as mining and energy stocks were hurt by weaker commodities prices. At 1205 AEDT, the benchmark S&P/ASX200 index was down 52.7 points, or 1.09 per cent, at 4,777.6, while ...

AIOFP elects new board for PCM

MICHELLE BALTAZAR  |  TUESDAY, 13 OCT 2009
Members of the Association of Independently-Owned Financial Planners (AIOFP) have elected a new board to oversee its product manufacturing arm, Personal Choice Management, ahead of a bidding war on which platforms will manage around $4 billion of fund ...

GFP snaps up Timbercorp assets

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
... when the deadline expired on 18 September, the statement noted. Bidders, including TCGrowers, were asked to make an overall bid and include a value for the plantations. The plantations proceeds would go to most of the 10,500 investor growers involved ...

Trinity files $1m lawsuit

MICHELLE BALTAZAR  |  THURSDAY, 24 SEP 2009
Listed company Trinity has filed a lawsuit against former Labor Party staffer Ross Daley and his company, Veritate, in a bid to recover $1 million paid to Daley "by mistake". On 31 August, the property group received a final report on the forensic investigation ...

Asset Super pumps up insurance

RUTH LIEW  |  THURSDAY, 24 SEP 2009
... introducing automatic life stage increases to members' insurance, and boosting the sum insured to each unit of standard cover in a bid to tackle underinsurance. The $1.1 billion industry fund will increase each unit of standard cover by 2.5 per cent ...

Greenback weakness not all good

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2009
A global recovery is truly underway, risk appetites are being stoked, there is no more need for flight-to-quality bids. These are the reasons used to justify the sharp depreciation in the US dollar. The greenback fell to its lowest 2009 level against ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 SEP 2009
... 35.58, or 1.8 per cent, to 2,018.78. LONDON - European stocks closed higher on Monday, extending gains after a massive takeover bid by Kraft Foods for British rival Cadbury signalled a further return to normality in the markets. In London, the FTSE 100 ...