Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2821 - 2830 of 2997 results for "February 5"

Morningstar corrects HSBCAM numbers

Morningstar has issued another update on HSBC Asset Management after publishing performance figures last week that omitted to account for a distribution. The researcher's general outlook on the manager has remained unchanged - with the manager's strategy ...

Australians' income cover insufficient

Over two thirds of Australians do not have comprehensive income protection insurance and half of mortgagees or adults with dependents do not have any income protection insurance, according to a survey by Commonwealth Bank's CommInsure. Newspoll undertook ...

Market wrap

AAP  |  WEDNESDAY, 16 MAR 2005
Australian stocks are expected to open lower, following a downward trend on US markets overnight. On the local data front the Australian Bureau of Statistics releases merchandise imports data for February today and the Westpac/Melbourne Institute Leading ...

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 ...