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Showing 3051 - 3060 of 3078 results for "Corporation"

equipsuper takes $300,000 eight-day profit on ART

The equipsuper superannuation fund has taken a profit in excess of $300,000 on an eight-day investment in the AMP Shopping Centre Trust (ART), it confirmed today. AMP, the responsible entity for ART, released a substantial shareholder statement to the ...

Midday market wrap: All Ordinaries up despite banking losses

The All Ordinaries index was up marginally during the morning session, largely due to a $0.40 gain in News Corporation shares, pushing the price up to $11.05. The banking sector moved in the opposite direction, with all the majors retreating. Commonwealth ...

AMP to sell $2.8 billion in mortgages, property loans

... Australia and New Zealand as part of its restructuring strategy announced on November 14 2002. Hong Kong Shanghai Banking Corporation (HSBC) will acquire AMP Banking's $1.6 billion residential mortgage portfolio in New Zealand and possibly accept AMP ...

Afternoon market wrap: Banking sector drags index lower

... major banks lost ground, although in percentage terms Westpac was the hardest hit, declining $0.27 to $15.20. News Corporation was one the few winners, although it also lost ground in the afternoon session to finish at $10.92, $0.27 higher than Friday's ...

ASIC moves to further ease PDS burden

The Australian Securities and Investments Commission (ASIC) has again acted to ease the burden felt by companies due to their legal obligation to keep Product Disclosure Statements (PDSs) up-to-date. Reacting to industry pressure, ASIC has issued a ...

Government Superannuation Office puts $20 million into Investa

... benefits of leveraging the skills and buying power of the integrated property company." Victorian Funds Management Corporation, GSO's investment manager, was advised by Pinnacle Property who provided its recommendation after a period of extensive due ...

UBS sells CSC to Fidelity for $500 million

UBS today announced that it had signed an agreement to sell Correspondent Services Corporation (CSC), a division of UBS PaineWebber, to Fidelity Investments for a reported $500 million. CSC provides clearance, execution, settlement, administrative and ...

Midday market wrap: Air New Zealand loses 3.5% after ACCC verdict

The All Ordinaries continued to slide lower, dragged down by heavyweight News Corporation after it sealed a $6 billion pay TV deal in the US. The stock was a hefty $0.84 lower at lunchtime. Air New Zealand was another loser, dropping $0.02 to $0.41 ...

ASIC cracks down on insolvent trading

The Australian Securities and Investments Commission (ASIC) today announced that insolvency reviews under its new six month pilot program has resulted in directors taking action to consider appointing voluntary administrators or liquidators to 10 companies. ...

Afternoon market wrap: Market lifted by war news

... enjoying 1-2.5% gains across the board. But AMP conspicuously missed out on this upswing, falling $0.01 to $7.38. News Corporation also had another fruitful day, rising $0.36 to $11.70. All Ordinaries: 2841.60 (+45.30) Dow Jones: 8277.15 (+36.77) NASDAQ ...