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Showing 4241 - 4250 of 7106 results for "June 2023"

Market down 5%: Resources look ugly

MARK STORY  |  TUESDAY, 28 AUG 2012
At reporting season's three quarter mark last week, defensive stocks surfaced with their best half year of growth since 2009, while cyclicals recorded their worst - despite industrials earnings rising 4%. With only a little more than a third of stocks ...

ANZ CEO sells shares to fund debt, tax

BEN COLLINS  |  MONDAY, 27 AUG 2012
ANZ chief executive officer Michael Smith has sold $10.8 million worth of shares in the bank. In a statement to the Australian Securities Exchange (ASX) on Friday, ANZ said that Smith sold the shares "to fund a forthcoming income tax payment and to ...

100% world recession

BENJAMIN ONG  |  MONDAY, 27 AUG 2012
Unless Prince William is snapped with his pants down (ala Prince Harry), there ain't much to goose the financial markets this week. It'll be the same as the past five boring trading days Virginia. Sitting and waiting and hoping - and reacting every ...

Future Fund to acquire AIF assets

MARK STORY  |  FRIDAY, 24 AUG 2012
The Future Fund has entered into an agreement to acquire all of the Australian Infrastructure Fund's (AIX) portfolio assets for $2 billion - 10% up to the AIX Directors' published asset valuations at 30 June 2012. Due to their strong correlation with ...

Super FUM hits $1.4 trillion

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
Superannuation assets jumped 4% during 2011-12, defying lack lustre returns of 0.5%, to reach $1.4 trillion, according figures just released by the superannuation prudential regulator APRA. Industry funds grew the fastest, up 6.1% through the year to ...

Fed's about to go... or not?

BENJAMIN ONG  |  THURSDAY, 23 AUG 2012
"Zip-a-dee-doo-dah, zip-a-dee-ay My, oh my what a wonderful day! Plenty of sunshine heading my way Zip-a-dee-doo-dah, zip-a-dee-ay" - Song of the South It's coming, Virginia! It is coming! It's all there in black and white, the Fed's just inched closer ...

No change - no mas, no less

BENJAMIN ONG  |  WEDNESDAY, 22 AUG 2012
If you have something better to do today do that, rather than expending your time reading what took place in financial markets overnight. It was more of the same -- the exact same suspenseful, seemingly endless wait for policymakers to deliver what ...

Market Wrap

AAP  |  MONDAY, 20 AUG 2012
The Australian share market was relatively flat in early afternoon trade as falls by several large companies caused by dividend payouts offset other gains. At 1245 AEST on Monday, the benchmark S&P/ASX200 index was up 2.3 points, or 0.05 per cent, at ...

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
Bendigo and Adelaide Bank will be running a tight ship, after announcing a 43% decline in full-year profit this morning. The bank said that its $195 million profit was affected by a $95 million write-off of goodwill in December 2011, after declines ...

Wealth down as ANZ posts $4.5bn profit

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
ANZ has posted unaudited underlying profit for the nine-month period to June 30 of $4.5bn, a rise of 5.5% on the prior corresponding period, driven by increases in income across divisions, with wealth the notable exception. Cash profit for the June  ...