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Showing 2651 - 2660 of 3560 results for "October 28"

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
ASX listed Firstfolio has agreed to acquire non-bank mortgage lender Calibre Financial Services amid plans to tap the growing demand from institutional investors to take part in residential mortgage backed securities (RMBS) issues. Firstfolio, a mortgage ...

Market Wrap - Midday

AAP  |  THURSDAY, 14 JUL 2011
A significantly wounded retail sector continued to bleed the Australian share market into the red at noon on Thursday. At 1200 AEST, the benchmark S&P/ASX200 index was down 16.6 points, or 0.37 per cent, at 4,498.2 while the broader All Ordinaries index ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 JUL 2011
The Australian share market is receiving a sharp boost from trading offshore overnight, after Wall Street surged on positive US economic data and commodities prices rose strongly. At 0719 AEST, the September share price index futures contract was up ...

Advisory firm directors may challenge ASIC ban

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
Two Seagrims directors are considering a legal challenge to a three-year ASIC ban imposed after clients lost money in funds associated with the Trio Capital superannuation fund fraud. ASIC said on Tuesday it was holding financial advisers to account ...

UBS undecided on OptiMix future

MATT WOODINGTON  |  FRIDAY, 1 JUL 2011
UBS Asset Management will work closely with ANZ on positioning the ING Investment Management business that it agreed to acquire yesterday with no decisions yet made on where valuable assets such as OptiMix will end up. The acquisition of ING IM makes ...

Strong cash flow doubles Countplus dividend

ALISON BEVEGE  |  FRIDAY, 1 JUL 2011
Strong cash flow at growing financial services group Countplus has underpinned a maiden dividend which is double that of forecasts, it announced to the stock exchange today. The 4c dividend announcement comes as the group continues its strategy of buying ...

Market Wrap - Morning

AAP  |  FRIDAY, 1 JUL 2011
The Australian share market is likely to open stronger for the fourth successive day, following more rallies overnight as the Greek parliament confirmed its austerity drive. At 0715 AEST, the September share price index futures contract was up 19 points ...

Equipsuper clears merger hurdle with Vision

ALISON BEVEGE  |  THURSDAY, 30 JUN 2011
The merger of Vision Super and Equipsuper will continue after the two funds cleared a major obstacle that delayed the deal to 2012. The merger hit a roadblock on May 25 when trouble arose around the merging of Vision Super's pooled super trust, Equipsuper ...

First State Super and Health Super merger official

ELISE BURGESS  |  THURSDAY, 30 JUN 2011
Today marks the official merge date between Health Super and First State Super, creating a $30 billion fund with more than 770,000 members. First State Super (FSS) said the merger has created Australia's third largest super fund. From Health Super's ...

Just do it

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2011
Just do it! For all the positive spins given to explain the big gains on Wall Street overnight, it's probably Nike that did it. Cyber reports speak of the Germans now being in tight with the French and agreeing to swap a big portion of their banks' ...