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Showing 3921 - 3930 of 4173 results for amp

Morning market wrap: Local shares to get boost from raid on AMP

... set to get a boost in early trade following the launch last night of suspected takeover activity against besieged insurer AMP limited. JB Were and Citigroup Smith Barney confirmed they had received an order to buy 174 million AMP shares at $5.60. The ...

Afternoon market wrap: Local shares finish strongly

... early gains, driven by continued strong earnings reports and speculation the NAB is keen to continuing building a stake in AMP. The All Ordinaries closed 18.7 points higher at 3,196.9, a new 12-month high. While the AMP closed $1.20 higher at $6.35 ...

AMP believe NAB share purchase endorses demerger

AMP Limited Chief Executive Officer Andrew Mohl has today responded to the announcement that National Australia Bank (NAB) had acquired 34.3 million AMP shares at $6.00 per share, taking its relevant interest to 5.4 per cent. "We believe the purchase ...

Morningstar's take on NAB's purchase of AMP shares

In an exclusive interview with the Financial Standard, Morningstar have reacted to the National Australia Bank's bid for AMP shares by saying that it was unclear what the additional benefits would be to fund investors. And that their primary concern ...

NAB declares interest in AMP

AMP shares were trading at $6.27 this afternoon, a three-month high, following confirmation today the National Australia Bank is building a strategic stake in the troubled insurer. In an official announcement to the Australian Stock Exchange (ASX) this ...

Midday market wrap: Local shares open higher

... Corporation, Telstra, several of the major banks and other financial service companies helped underpin the market's revival, with AMP adding a further 11c to trade at $5.02. But the CBA was one major bank to buck the broader trend, with investors pushing ...

Midday market wrap: Local shares soften in morning trade

... points down on last night's local close. Among the major banks only Westpac opened stronger, adding 2c to trade at $15.87. AMP also added a further 2c to trade at $4.88. But, in addition to the other major banks, News Corporation and resource leaders ...

Afternoon market wrap: Shares edge lower

... the big four to move ahead, adding 10c to $15.95. Bluechip resource stocks also closed mixed, although News Corporation and AMP ended the day modestly higher. The bond market and the Australian dollar also weakened through the day, with the yield on ...

Afternoon market wrap: Local shares end lower

... $28.73. Among other blue-chips to endure losses on the day were miners Rio and BHP Billiton, and media giant News Corporation. AMP continued to regain lost ground, adding a further 15c to close at $4.86. The bond market finished slightly stronger, although ...

AMP announces two new appointments to its board

AMP has announced the appointment of two directors, Dr Nora Scheinkestel and Peter Mason to its board. Dr Scheinkestel, is currently the director of two publicly-listed companies, Newcrest Mining and Paperlinx and is chairwoman of a water utility and ...