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Showing 3871 - 3880 of 4173 results for amp

Afternoon Market Wrap: AXS hits 16-month high

... three cents lower at $18.19 and Westpac Banking Corp was three cents weaker at $16.50. Troubled life insurer and fund manager AMP, which revealed it will slash the book value of its UK business by $2.4 billion under its demerger plan, slumped 19 cents ...

AMP shares drop with UK value reduction

AAP  |  TUESDAY, 14 OCT 2003
Shares in AMP Ltd dropped back this morning after it said a reduction in carrying value of around $2.4 billion was possible for its United Kingdom operations. The shares were put in a trading halt but when they hit the market just after 1100 AEST, they ...

AMP faces $1 billion writedown

AAP  |  TUESDAY, 14 OCT 2003
Troubled financial services group AMP Ltd will reportedly take another $1 billion hit on the value of its United Kingdom business. The Australian Financial Review reported today the writedown will come as part of AMP's planned demerger of its Australasian ...

Shares expected to post solid returns in the coming year: Oliver

... profits). In his review of financial markets for September, Dr Shane Oliver, chief economist and head of investment strategy at AMP Henderson Global Investors said the local market should receive added support from its attractive valuations and a stable ...

Afternoon Market Wrap: Solid gain led by News Corp, AMP

The Australian share market made solid gains throughout the day, led by News Corp, AMP and major resource stocks. ABN Amro Morgans senior client adviser Bill Bishop said the improvement in major indices reflected growing confidence in the market. "This ...

AMP shares soar as Mohl details demerger plan

AAP  |  MONDAY, 13 OCT 2003
Shares in AMP Ltd charged through the $7.00 barrier in early trade today as chief executive Andrew Mohl began updating analysts on details of the group's demerger plan. AMP on Friday revealed that it had received regulatory approval in Australian and ...

AMP debt down by 2005: CEO

AAP  |  MONDAY, 13 OCT 2003
AMP's demerger and debt reduction program should see the troubled finance giant with excess cash and a possible share buy-back by the end of 2005, AMP chief executive Alan Mohl said over the weekend. AMP will have to inject another $84 million into ...

Afternoon Market Wrap: ASX in positive territory

... sustainable recovery. Stocks exposed to the US, such as BHP Billiton and News Corp, benefitted from the renewed confidence. AMP was another strong performer, easing investor concerns over its proposed demerger with confirmation it had received regulatory ...

Dollar consolidates ahead of $US0.70 push

AAP  |  FRIDAY, 10 OCT 2003
... 13-year low, in September. That heightened speculation of an interest rate rise in Australia, which boosted the local currency. AMP Henderson Global Investors chief economist Shane Oliver said the huge drivers for the Australian dollar were ongoing global ...

Midday Market Report: Resource sector boosted by metal prices; bonds open weaker

... resources sector. News Corp helped drive the bourse after the tech-laden Nasdaq closed at its highest level in 19 months. AMP was another strong performer, easing investor concerns over its proposed demerger with confirmation it had received regulatory ...