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Showing 231 - 240 of 249 results for "A shares"

Citigroup, Bank of America post higher profits

AAP  |  FRIDAY, 15 OCT 2004
Citigroup Inc and Bank of America Corp on Thursday posted double-digit gains in third-quarter profit, driven by gains in consumer banking. Profit at Citigroup, the world's largest financial services company, rose 13 percent to $5.31 billion, while profit ...

Perpetual results drive shares to new highs

AAP  |  WEDNESDAY, 25 AUG 2004
Fund manager Perpetual Trustees Australia shares hit new highs on Tuesday after it rewarded shareholders with a special dividend and forecast double digit operating earnings growth. Perpetual reported a net profit of $90.4 million for 2003/04, up 16% ...

AXA parent may have to pay more for Aust subsidiary - analyst

AAP  |  TUESDAY, 10 AUG 2004
The takeover offer by French insurer AXA SA for its Australian subsidiary will need to be ratcheted up if it is to be accepted by independent directors and shareholders, one broking house said on Monday. In its $3.1 billion bid, AXA SA, which owns 51% ...

Bendigo Bank lifts profit in 2003/04 and targets further growth

AAP  |  MONDAY, 9 AUG 2004
Bendigo Bank today posted a 35.3% increase in 2003/04 net profit and is targeting 15% - 18% growth in normalised earnings in 2004/05. Bendigo posted a $79.8 million net profit for the year to June 30, 2004, up more than 35% on the $59 million recorded ...

AXA shares soar 19% after resuming trading

AAP  |  FRIDAY, 6 AUG 2004
Shares in Australia\'s second largest life insurer AXA Asia Pacific Holdings jumped 19% when trading resumed today, after news directors were considering a $3.1 billion takeover bid by its parent company. The shares, which had been in a trading halt ...

Telstra completes $1 billion off-market share buyback

AAP  |  MONDAY, 24 NOV 2003
Telstra Corp Ltd today announced the successful completion of its $1 billion off-market share buyback, at the bottom end of the tender range offered by Australia's biggest telco. A total 238,230,580 shares will be bought back at $4.20 a share, representing ...

Analysts remain divided over CBA restructure

AAP  |  THURSDAY, 2 OCT 2003
Analysts remain divided over Commonwealth Bank of Australia Ltd's controversial customer service overhaul, with earnings upgrades - and downgrades - continuing to flow. But opinion seems unanimous that the restructure - which involves cutting 3,700 ...

Federal Government to stay out of Telstra share buyback

The Federal Government will not participate in Telstra's $1 billion share buyback, Finance Minister Nick Minchin said today. Senator Minchin said the Government's 50.1 per cent stake in the telecommunications giant meant participation in the buyback ...

Midday market wrap: All Ordinaries, major stocks in negative territory

The All Ordinaries was in negative territory following trading this morning. The index dipped by 15.4 points or by a little over 0.5 per cent. The decrease reflecting weaker trading in the banking sector, where all major shares, bar National Australia ...

Former Queensland executive director prosecuted for insider trading: ASIC

The Australian Securities and Investments Commission (ASIC) today announced that Maxwell Sweetman, former executive director of Harts Australasia, has appeared in the Brisbane Magistrates Court charged with two counts of insider trading in the shares ...