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Showing 481 - 490 of 632 results for "Fire"

Hastings consortium buys $290m stake in US infra

COMPANY RELEASE  |  MONDAY, 7 JUN 2010
Hastings Funds Management and Zachry American Infrastucture have acquired a major stake in a US-based natural gas terminal in a deal worth $290 million. The consortium bought a 55 per cent stake in Freeport LNG Development L.P (FLNG), which owns and ...

More worries

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2010
"I've got chills, they're multiplying. And I'm losing control..." Grease. With European sovereign debt crisis still dangling over their heads like a "Damocles sword" - hey, isn't he Greek? - financial markets are again presented another source of worry. ...

Nein to naked shorts

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2010
... their fall just a few days after. What's going to be different this time? This is perhaps the euro's ultimate baptism of fire. Instead of stopgap measures, European governments have to bite the bullet and acknowledge that huge sacrifices have to be made. ...

US pension funds boost mortgages

RUTH LIEW  |  MONDAY, 10 MAY 2010
The $146 billion New York State Common Retirement Fund has pumped $564 million into Fannie Mae mortgages in New York to help stabilise mortgage lending in the state. According to a press statement by state comptroller Thomas DiNapoli, the $564 million ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 APR 2010
... 1,207.17. LONDON - European stock markets closed higher on Tuesday, buoyed by strong US corporate results, notably from under-fire US investment bank Goldman Sachs, and positive German data. After recent losses and a hesitant start, investors were happy ...

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
Compulsory government annuities could widen the gap between the retirement payouts of low and high income workers, and some industry experts argue private sector annuities and longevity risk products offer better alternatives. IFSA, which commissioned ...

Former NSW Treasury deputy secretary to head RBF-Tas

RUTH LIEW  |  THURSDAY, 8 APR 2010
... operated since it was established in 1904. The scheme's members include those from the RBF Contributory Scheme; the State Fire Commission Superannuation Scheme; the Tasmanian Ambulance Service Superannuation Scheme; the RBF Investment Account; and the ...

Select looks to sign on six dealer groups

RUTH LIEW  |  MONDAY, 22 MAR 2010
... research committee in place for them. "We'll put it in a portfolio that they largely control - they can hire us, they can fire us...they can brand it any way they like," he said. According to a press statement, the Select CPS has been in development ...

Market Wrap - Midday

AAP  |  FRIDAY, 12 MAR 2010
... morning, but it's still an absolutely positive day," Mr Foulsham said. "It's been gradually creeping higher without being on fire." Mr Foulsham said the market was experiencing broad-based gains after a positive lead from the US overnight. "Nothing is ...

Untangling the Astarra web continues

RUTH LIEW  |  THURSDAY, 4 MAR 2010
... fund or the value of the units in the fund," noted PPB. Meanwhile PPB said that the winding up of the fund did not mean a "fire sale" of the assets. "The assets of the fund will be realised in an orderly manner with a view to maximising the returns to ...