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Showing 4161 - 4170 of 4173 results for amp

Wallis turns down $1.6 million AMP retirement allowance

Paul Cully Former AMP chairman Stan Wallis, under fire last week for bringing forward his resignation from the company five months ahead of schedule, today said that he would be refusing a $1.6 million retirement allowance. "Mr Wallis said that his ...

Morning wrap market wrap:

... shares which rose in value as a result of the positive news from the US. About 75% of Newscorp's sales are in the US. Meanwhile AMP continued its bad run with a loss of 3.4% in trading today to close at $6.77. Asian stocks also had a strong rally with ...

Afternoon market wrap: AMP dumped yet again

... gained slightly in trading today, following the positive trend set in Wall Street yesterday with US stocks gaining over 1%. AMP stocks continued to be dogged by a lack investor confidence as the financial giant lurched from one crisis to the next. Shares ...

Midday market wrap: Banks lead All Ordinaries higher

... banks. Commonwealth, ANZ, National, and Westpac all recorded gains in excess of 1%, although buyers were still cautious on AMP, with the stock trading at $7.27, a meagre $0.02 gain from yesterday's close. Caltex reported a $215.2 million profit for 2002 ...

Morning market wrap: Wall Street regains lost ground

... 3569.90 points, with bulls in Europe clearly harder to find than across the Atlantic. Australian corporate giants Telstra, AMP, and Qantas will all be looking some pre-weekend support from investors who have deserted the stock over the past few days. ...

Costello "sympathetic" to tighter payout regulations

... sympathetic to introducing them, absolutely." The Treasurer's comments come in the wake of Stan Wallis' early departure from AMP, and speculation that he will walk away with $20 million payout at a time when shares in the troubled financial giant are ...

Morning market wrap: All Ords close lower

John Fernando The All Ordinaries index closed 0.86% lower as several major shares headed south. AMP lost around 6% to close at $7.25, whilst Qantas lost 4% to $3.16, and Telstra shares lost about 2% in value to close at $4.08. Meanwhile BHP Steel recorded ...

Afternoon market wrap: AMP dumped after $896 million loss

Paul Cully Investors delivered another blow to struggling AMP today after it announced a spectacular full-year loss of $896 million, down 230% on 2001. Although the loss was well signposted, shares were still dumped, leaving AMP at $7.71 at the close ...

AMP record $896 million for 2002

John Fernando AMP posted $896 million in losses for the year ending December 31 2002 as the company had $1,571 million in write-offs and restructuring costs. The loss sustained by AMP last year represents a 230% fall in profits when compared to the ...

Wallis resigns from AMP as Batchelor payout row rumbles on

Paul Cully AMP chairman Stan Wallis has brought forward his resignation by five months, sparking a major structural rethink of the AMP board, the troubled financial services group said today. Media speculation had forced AMP to release a statement yesterday ...