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Showing 2821 - 2830 of 2994 results for "February 2011"

Challenger checks out HSBC Asset Management

Challenger Financial Services this morning confirmed it is in discussions with HSBC regarding the acquisition of HSBC Asset Management. In a statement to the Australian Stock Exchange (ASX) Challenger said it would advise the market further when details ...

Mariner finalises car park purchase

The Mariner Infrastructure Trust No. 1 now owns the Sydney Opera House Car Park as Mariner Financial has completed the asset acquisition for consideration of $75 million. The trust was specifically established to fund the purchase of the car park and ...

Standard & Poor's settle on new team structure

Standard & Poor's has finalised the structure and responsibilities of its fund ratings team following its acquisition of St.George's research business Assirt in early February this year. The new team is to be organised by sector and will be situated ...

Fincorp feels ASIC's displeasure

Financial watchdog ASIC has filed proceedings in the NSW Supreme Court against the heavily publicized Fincorp Investments. ASIC is alleging that Fincorp offered securities under a replacement prospectus, which contained misleading or deceptive statements ...

Higher interest rates ahead

The Reserve Bank this morning announced a rate hike of 25bp, to 5.5 per cent, citing stronger inflationary pressures and domestic demand as their reason for doing so in March. The rate hike was expected by the market, which has also priced in another ...

Mariner announces strong half-year profit and adds TAPs to its products

Mariner Financial has recorded a net profit after tax of $2,345,000 with earnings per share of $0.04 and net tangible assets per share of $0.62 for the six months to 31 December 2004. The result compares to a net profit after tax of $2,396,000, earnings ...

Babcock & Brown LIC debuts at discount

AAP  |  MONDAY, 14 FEB 2005
Listed investment company Babcock & Brown Capital floated today at $2.35 or a 15c discount to its $2.50 price. Babcock & Brown raised $1 billion for the LIC, which was flagged late last year. The initial public offering issued 200 million shares at ...

Early close for Mariner Infrastructure Trust No.1

Mariner has closed the public offering for its Infrastructure Trust No.1 well before the scheduled closing date of 28 February 2005 after raising $25.8 million from the retail market. The public offering was made through Mariner Securities Limited and ...

Green light for Tower Australian Wealth Management spinoff

AAP  |  FRIDAY, 4 FEB 2005
The High Court of New Zealand yesterday gave final orders approving the arrangement plan for the separation of Tower Ltd's Australian Wealth Management businesses, as detailed in the scheme book, which was put to and approved by the company's shareholders ...

Minto ascends to Tower group managing director

Jim Minto has been appointed as Tower's new group managing director after the completion of the company's restructuring process that sees him replace Keith Taylor in the key role. Minto has worked at Tower for 16 years and has held a number of senior ...