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Showing 3891 - 3900 of 6251 results for "December 29"

Market Wrap - Midday

AAP  |  MONDAY, 20 FEB 2012
Australian stocks were more than one per cent higher at noon, with the energy and resources sector leading the broader market higher. A firmer oil price during weekend offshore trading, as well as news China had lowered its reserve banking requirements ...

Strong half year results for new Challenger boss

CLAIRE MCGREAL  |  MONDAY, 20 FEB 2012
Challenger's new chief Brian Benari has started off his new role on a positive note with the investment management firm posting strong half yearly results. Benari, who took over from Dominic Stevens on Friday, announced record interim total annuity ...

BEN announces solid results

ELISE BURGESS  |  MONDAY, 20 FEB 2012
Bendigo and Adelaide Bank has announced an after tax statutory profit of $57.9 million for the six months ending December 31 2011, forecasting a difficult six months ahead due to market volatility and revenue challenges. Bendigo and Adelaide Bank (BEN) ...

ANZ reaches $1.48bn in three months

ELISE BURGESS  |  FRIDAY, 17 FEB 2012
ANZ has recorded an unaudited underlying profit of $1.48 billion for the three months to December 31 2011, calling it a solid result during a difficult global period with volatility also impacting wealth management. In the Group's results, ANZ said ...

Stonger Super second tranche amendments released

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
The government has released amendments to the second tranche of the Stronger Super legislation. This includes expanding the covenants for registrable superannuation entity (RSE) licensees, applying new trustee duties to trustees of an RSE that offers ...

AMP results show continued AXA impact

ELISE BURGESS  |  THURSDAY, 16 FEB 2012
AMP Limited FY11 results have shown its AXA merge continues to drag on costs with net profit after tax of $688 million, down 11%, for the 12 months to the end of December. AMP Financial Services meanwhile posted mixed results with North platform and ...

BlackRock chief named QIC's new boss

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
Wholesale funds manager QIC has appointed BlackRock head and managing director Damien Frawley as chief executive. Frawley takes over from Doug McTaggart who announced last year he would be stepping down in mid-2012. At BlackRock, Frawley was responsible ...

Westpac posts $1.4 billion profit to December 31

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
Westpac made quarterly cash earnings of around $1.5 billion to the end of December, with after tax profits of $1.4 billion for the same period. The unaudited results come just two weeks after the group announced it would be shedding up to 560 jobs as ...

SMSFs focus on risk reduction: report

RACHEL DAVIS  |  WEDNESDAY, 15 FEB 2012
The Self-Managed Super Fund Professionals Association of Australia (SPAA) and Russell Investments today launched the second annual SMSF report which revealed a focus among trustees on risk reduction and increased interest in SMSFs among a younger demographic. ...

CBA profits up 19%, wealth mgmt struggles

ELISE BURGESS  |  WEDNESDAY, 15 FEB 2012
The CBA has recorded a statutory net profit after tax for the half year ended Dec 31 2011 of $3.624 billion, a 19% increase on the previous corresponding period, in a strong result unaided by its wealth management arm which recorded a loss. The Commonwealth ...