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Showing 2141 - 2150 of 3556 results for "October 27"

Naos to launch long/short equity LIC

MARK SMITH  |  FRIDAY, 12 SEP 2014
Naos Asset Management has lodged its prospectus to the ASX to IPO its second listed investment company (LIC), the Naos Absolute Opportunities Company. Naos hopes to raise $50 million by the end of October from private investors, institutional funds ...

A tale of two A's

BENJAMIN ONG  |  THURSDAY, 11 SEP 2014
We were treated to a tale of two A's over the past 24 hours - Apple and the A dollar. It was the best of times. Apple scripts jumped by 3.1% -- up 26% this year -- after launching its new products into the market. "Apple announced a smartwatch, mobile-payments ...

Market Wrap AM

AAP  |  WEDNESDAY, 10 SEP 2014
The Australian sharemarket is tipped to open lower following falls on Wall Street overnight. The September share price index futures contract is down 18 point at 5,585. Wall Street stocks have fallen, pulled down by major banks after the Federal Reserve ...

Super Mario to the rescue (again)

BENJAMIN ONG  |  FRIDAY, 5 SEP 2014
Financial markets didn't get the kitchen sink they were hoping for but the fridge - along with the promise that the kitchen sink would come later - was good enough. With the eurozone economy in a coma - second quarter real GDP growth was zero - and ...

Matrix merger to place ClearView among top 10 licensees

LAURA MILLAN  |  MONDAY, 1 SEP 2014
ClearView's bid to acquire all of the shares in Matrix's financial planning business would place the combined group among Australia's ten largest advice groups by number of advisers. ClearView and Matrix entered into a merger implementation deed last ...

Recycling the same old, same old

BENJAMIN ONG  |  FRIDAY, 29 AUG 2014
Oh no! Bloody Vlad's back! Wall Street and the rest of 'em equity markets flashed red from New York to Rio and old London town as geo-political risks resurfaced following reports of Russian 'incursion' into Ukraine. That's if you believe this morning's ...

Stagflation is real in Brazil

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2014
Hit it Karen, I'm on the top of the world lookin' down on creation And the only explanation I can find Is the love that I've found ever since you've been around Your love's put me at the top of the world." Tomorrow has come and the S&P 500 index has ...

Heads up to where Wall Street's heading

BENJAMIN ONG  |  TUESDAY, 26 AUG 2014
... coming and, according to the Stock Traders' Almanac, it's the worst month of the year for US stocks. And then, there's October - the month of crashes and the month the Fed concludes taper. The S&P 500 index dropped by 16% three months after QE1 ended ...

IOOF reports record growth

STAFF WRITER  |  FRIDAY, 22 AUG 2014
Financial services company IOOF has reported double digit growth in its underlying net profit after tax (UNPAT), reporting a result of $123 million for the full year ending 30 June. UNPAT was up a record 13%, while net profit after tax (NPAT) was $101.3 ...

MyState sees small growth in profits

MARK SMITH  |  FRIDAY, 22 AUG 2014
Banking and wealth management company MyState has reported a small rise in profit for the full year to 30 June. Statutory after-tax profit stood at $29.6 million for the year to the end of June. This result is a 3.9% improvement on last year's $28.5 ...