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Showing 2021 - 2030 of 2958 results for "August 27"

APA, HDF tug-o-war continues

BEN COLLINS  |  MONDAY, 20 AUG 2012
The tussle over Hastings Diversified Utilities Fund (HDF) continues, after the APA group again raised its bid for the infrastructure fund. Rival bidder Pipeline Partners Australia (PPA) now has until midnight tomorrow (Tuesday) to better APA's offer. ...

The rally that no one's enjoyed

BENJAMIN ONG  |  MONDAY, 20 AUG 2012
... end of last week show continued mending, not bending. US consumer sentiment rose to its highest level in three months in August - better than expectations - and the July index of leading indicators increased by twice market expectations. Yes, it's not ...

QBE chief to part with $37 million

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Frank O'Halloran will leave with up to $37 million in benefits when he steps down as chief executive officer of QBE insurance today. O'Halloran - who headed up QBE for 14 years - will be paid his salary up to 28 August to officially serve out his six ...

Bad news sells

BENJAMIN ONG  |  THURSDAY, 16 AUG 2012
Don't bother reading today about what Wall Street did last night - it didn't. 'Twas another DD (dull day) folks. Nothing new -- just that what's now become a too familiar refrain of investors fearing slowing global growth counterbalanced by hope that ...

Hastings securities in trading halt as PPA ups offer

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
Hastings securities have been placed in a trading halt ahead of this morning's announcement by Pipeline Partners Australia (PPA) that it has upped its all-cash offer price for Hastings Diversified Utilities Fund (HDF). PPA had until midnight (AEST) ...

Dull night on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 15 AUG 2012
The suspense is killing, the wait... boring. Fresh data were released out of America and Europe while we slept, but the results more or less did nothing to alter what financial markets already know or speculate about. There was nothing that surprised ...

Mariners bid underdone

BEN COLLINS  |  TUESDAY, 14 AUG 2012
Mariner Corporation was this morning considering an appeal, after the Takeovers Panel ruled that it couldn't count on the funding for its proposed bid for Austock. Darren Olney-Fraser, Mariner CEO, was unable to confirm the appeal, but said a meeting ...

Market Wrap

AAP  |  FRIDAY, 10 AUG 2012
The Australian market looks set to open slightly higher after a seesaw session overnight on Wall Street, which ended flat, uninspired by modestly promising US jobs and trade data. At 0745 AEST on Friday, the September share price index futures contract ...

Dunn loses bonus shares

BEN COLLINS  |  WEDNESDAY, 8 AUG 2012
AMP chief executive officer Craig Dunn has been forced to forfeit 777,778 shares, after the company's share price fell from $6.50 in 2010, to the current price of $4.04. The 777, 778 shares - worth approximately $3.2 million - were granted in 2010 ...

Double A USA - the scare that wasn't

BENJAMIN ONG  |  TUESDAY, 7 AUG 2012
Financial markets have again become Eurocentric - bobbing up and down on every blah that comes out of anybody who's somebody's lips. I don't think anybody could argue that Italian Prime Minister Mario Monti is somebody. Thus, when he blahed to Germany's ...