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Showing 2621 - 2630 of 3556 results for "October 27"

Market Wrap - Morning

AAP  |  MONDAY, 12 SEP 2011
US stocks plunged on Friday, with the Dow Jones Industrial Average sliding more than 300 points, as global stock markets were stung by fresh anxiety in the eurozone over Greece's bailout. The Dow fell 303.68 points (2.69 per cent) to close at 10,992.13. ...

Trio directors accept APRA suspension

ELISE BURGESS  |  FRIDAY, 9 SEP 2011
Trio Capital directors, Rex Phillpott and David Andrews, have conceded to APRA that with the benefit of hindsight they should have acted differently and regret their actions, with the regulator accepting an enforceable undertaking from the pair. The ...

Praemium capital raising for growth

RACHEL DAVIS  |  FRIDAY, 9 SEP 2011
Praemium has completed a $5 million capital raising, to provide for long-term growth plans and the implementation of short term cost efficiencies. Praemium requested a trading halt on Wednesday before successfully completing the $5 million capital raising ...

Opus licence decision overturned

RACHEL DAVIS  |  FRIDAY, 2 SEP 2011
The Federal Court has overturned an Administrative Appeal Tribunal's decision against the cancellation of the Australian financial services licence held by Opus Capital Limited, responsible entity for 14 unlisted property funds. ASIC's decision to cancel ...

Invesco shifts Asian focus to consumer demand

MATT WOODINGTON  |  THURSDAY, 1 SEP 2011
Invesco aims to bring the Asian consumer demand story to the doorstep of Australian retail investors with the overhaul of its existing Asian equities strategy. On October 1, Invesco will rename its Wholesale Asian Share Fund as the Wholesale Asian Consumer ...

IOOF combines multi managers and adds director

MATT WOODINGTON  |  THURSDAY, 1 SEP 2011
IOOF will simplify its multi-manager offering by combining its two product suites and closing a number of funds at the end of the month. The diversified financial services group will embed its United Sector Leaders Funds within the IOOF MultiMix suite ...

Market Wrap - Morning

AAP  |  THURSDAY, 1 SEP 2011
The Australian market looks set to open higher after world markets rallied on hopes the US Federal Reserve would respond to mounting signs of weakness in the global economy. At 0750 AEST on Thursday, the September share price index futures contract ...

ASIC tightens advice advertising

ELISE BURGESS  |  TUESDAY, 30 AUG 2011
Financial services industry faces tighter restrictions as ASIC releases a consultation paper and draft regulatory guide containing best practice guidance for the advertising of financial products and advice. Greg Medcraft, ASIC chairman, told media ...

Australian Capital Reserve directors plead guilty

MATT WOODINGTON  |  TUESDAY, 30 AUG 2011
The former directors of Australian Capital Reserve, the fundraising arm of Estate Property Group, have pleaded guilty to making false or misleading statements to obtain a financial advantage. Samuel Pogson and Murray Lapham each admitted to one charge ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 AUG 2011
The Australian market looks set to open higher, after wall overnight closed up two per cent as upbeat US consumer spending figures lifted hopes that economic growth will pick up and Hurricane Irene caused less damage than feared. At 0714 AEST on Tuesday ...