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Showing 3261 - 3270 of 3292 results for "Above"

Afternoon Wrap: All Ordinaries Drifts Higher

... sector, as oil price futures continued to spike higher on fears of looming shortages. The Australian dollar also consolidated above US$0.66, helped by ABS data showing a strong rebound in employment in May. All Ordinaries 3050.2 +13.3 NASDAQ 1646.02 ...

Morning Market Wrap: Dow Jones Ends back Above 9,000

Super returns clawing their way back to break-even: Mercer

... investors in the Balanced Funds covered by its survey need to see a return of just over 2 per cent for June to climb back to above zero. However, Growth fund investors need to see a higher return of close to 4% for the coming month, Mercer said. The ...

Wesfarmers to buy Edward Lumley Holdings for $320 million

... group Lumley Insurance, for approximately $320 million. The price, if the deal goes ahead, is approximately $110 million above the projected net assets. In addition, Wesfarmers is ready to assume the ELH's external debt of $55 million. The gross written ...

Midday market wrap: AMP climbs to $5.01

AMP shares rose by $0.08 during the morning session to take the stock back above the $5.00 mark as the All Ordinaries index crept to a 4.5-point gain. All the major banks were slightly stronger. Commonwealth was the best performer in percentage terms ...

Morning market wrap: Nasdaq bounces back

... Monday, finishing at its highest point since May 31 2002. The Australian dollar also strengthened overnight, moving back above US$0.66. All Ordinaries: 2991.90 (+0.00) Dow Jones: 8922.95 (+25.14) NASDAQ: 1603.56 (+12.81) FTSE-100: 4115.70 (-13.60) Hang ...

QIC appoints two specialists for $300 million implemented fund

... Abbot and Schroders. QIC said that the fund is broadly style neutral in its overall structure, aiming to deliver performance above the market through the stock selection skills of its managers. QIC said that its mandate with Perennial Value is unique ...

Rising dollar advances case for interest rate cut: ICAP

The rise of the Australian dollar above the US$0.65 mark represents a significant tightening in financial conditions that may bring the Reserve Bank of Australia (RBA) closer to easing interest rates in the second half of the year, according to Dr Ric ...

Morningstar gives Challenger a three-star mortgage rating

... Challenger's Sydney-based team managed around $2.4 billion in mortgages at March 31. Its performance has been consistently above-average, at about 1.5 per cent above cash management trusts. Morningstar said that this to reflects, to an extent, the risk ...

Macquarie establishes Canadian infastructure fund

... US - although the US assets are limited to 20 per cent of the total assets - and is targeting returns of 3 per cent to 5% above the long term Canadian government bond rate. MEAP has a seed 15% in AltaLink, purchased from Macquarie and is targeting a ...