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Showing 3991 - 4000 of 4173 results for amp

AMP announces details of its Share Purchase Plan

AMP has announced details of its Share Purchase Plan (SPP), part of the capital raising for the proposed demerger of the company. Under the SPP, approximately 29,000 eligible shareholders have subscribed for around $96 million worth of shares out of ...

Midday market wrap: All Ordinaries gain ground

... of around 1.5% in trading this morning. Westpac shares gained the most, adding $0.29 or 1.75% to trade at $16.58 by lunch. AMP, Qantas, Telstra and Promina shares have all had a good run in trading this morning while adding value to their share prices. ...

Sharp reduction in inheritance wealth despite rise in per capita income: AMP

... Australian having tripled since the 1960s, National Centre for Social and Economic Modelling (NATSEM) research - released by AMP - has revealed. Although the next two decades will see nearly $70 billion of intergenerational wealth changing hands, changing ...

AMP Banking drops one year fixed rate to 4.99%

Amid predications that the Reserve Bank of Australia (RBA) may soon lower interest rates, AMP Banking has reduced its one-year fixed rate home loan to 4.99 per cent. Managing director of AMP Banking Michael Guggenheimer said AMP's one-year fixed rate ...

Centro sells 19.9% stake in AMP Shopping Centre Trust

Centro Properties Group today announced that it had returned all acceptances for its takeover offer for the AMP Shopping Centre Trust (ART). "Centro has now sold its initial 19.9 per cent stake in ART at a $35.5 million profit before costs," Centro ...

AMP updates demerger process

Ahead of the June 13 closure of the fully underwritten share purchase plan, the AMP board has provided an update on the progress of the demerger proposal, saying that it is still in the best long-term interests of shareholders. The group is on target ...

Midday market wrap: Stronger sentiment fails to save AMP

The All Ordinaries index rose slightly during the morning session but the AMP sell-off continued, pushing the stock down to $4.92, a fall of $0.06. The major banks all moved higher, although Westpac was stalled at the start line, managing a meagre $0.01 ...

ASIC gives AMP green light for demerger

The Australian and Securities and Investments Commission (ASIC) will allow AMP to proceed with its demerger offer to retail investors even though it has expressed concern at the level of information the beleaguered insurance and financial services giant ...

Afternoon market wrap: Shares run out of steam

The All Ordinaries index ran out of steam somewhat in the afternoon session, eroding gains earlier in the day. AMP finished at $4.91, a fall of $0.07, but Tower and Promina both eked out slight gains. The four major banks were all stronger. In percentage ...

AMP appoints Lockery to head of corporate super

AMP Australian financial services has appointed Ken Lockery as head of corporate superannuation strategy in order to focus on enhancing AMP's offer to the large corporate superannuation market, it has announced. Previously, Lockery was head of corporate ...