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Showing 3641 - 3650 of 6681 results for "Sale"

AustSuper backs away from SYD takeover

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
... Macquarie currently has the largest stake in Sydney Airport at 16.8%. For the past two years this stake has been 'available for sale', but evidently the bank has so far not received what it considers an adequate offer. Sydney Airport said no bid had ...

UBS Australasia head steps down

MARK SMITH  |  MONDAY, 16 SEP 2013
Head of UBS Global Asset Management for Australasia Ben Heap has stepped down from his position after three years. Former UBS head of wholesale for Australasia Bryce Doherty has been appointed as his replacement. Heap oversaw the acquisition and integration ...

AXA fined for poor advice in the UK

LAURA MILLAN  |  MONDAY, 16 SEP 2013
The UK Financial Conduct Authority (FCA) has imposed AXA a financial penalty for giving poor investment advice to NAB-owned banks in the UK. AXA will have to pay a fine of more than A$3 million to customers of NAB-owned Clydesdale Bank and Yorkshire ...

Market Wrap AM

AAP  |  MONDAY, 16 SEP 2013
The Australian market looks set to open higher after Wall Street made modest gains despite a mediocre retail sales report and a disappointing read on consumer sentiment. At 0805 AEST on Monday, the September share price index futures contract was up ...

Asgard adds Tyndall concentrated fund to platform

JAMES FERNYHOUGH  |  FRIDAY, 13 SEP 2013
Asgard has added Tyndall Asset Management's newest equities fund, the Australian Share Concentrated Fund, to its platform. The fund invests in between 15 and 25 companies, and aims at long-term growth "with a bias towards income". Zenith has rated it ...

Market Wrap AM

AAP  |  FRIDAY, 13 SEP 2013
... Syria. Britain's government meanwhile officially launched plans to privatise more than half of Royal Mail, saying an initial sale of shares in the state-run postal service would occur within weeks. London's benchmark FTSE 100 index was virtually unchanged ...

ASFA wary about SMSF property schemes

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
... Australia (ASFA) is calling for mandatory Australian financial services licensing (AFSL) for all persons involved in the sale of investment products and property to self-managed super funds (SMSF). ASFA expressed its worries about reports that SMSF members ...

Market Wrap PM

AAP  |  WEDNESDAY, 11 SEP 2013
The Australian share market has opened higher as investors welcome solid Chinese economic data, the possibility of a diplomatic solution to the Syria chemical weapons issue and renewed business confidence in the wake of the Australian federal election. ...

Elders to axe 10% of workforce

LAURA MILLAN  |  TUESDAY, 10 SEP 2013
... April 2014. The group has already sold its Futuris Automotive business to Clearlake Capital Group in August 30, 2013. The sale has reduced its term debt levels and has allowed it to exits its asset secure debtor securitisation program. Elders gross debt ...

Macquarie sells private wealth business in Canada

LAURA MILLAN  |  TUESDAY, 10 SEP 2013
Macquarie Group has entered into an agreement for the sale of Macquarie Private Wealth Canada, its Canadian retail business. Canadian independent wealth management firm Richardson GMP bought the business, which has more than 185 adviser teams in 12 ...