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Showing 5021 - 5030 of 7101 results for "June 2011"

AMP books 4.4pc rise in profits, AUM stable

JOHN MCDULING  |  THURSDAY, 19 AUG 2010
AMP Limited has posted half year underlying profits of $383 million, up 4.4 per cent compared to last time, buoyed by stable earnings from its insurance and wealth management arms. The company declared an interim dividend of 15 cents per share, 60 per ...

Ipac boosts insurance-related investments

MICHELLE BALTAZAR  |  WEDNESDAY, 18 AUG 2010
Ipac Asset Management plans to have as much as a 25 per cent allocation within its alternatives growth portfolio devoted to insurance-related investments, and backs the strategy with a $50 million seed investment into a newly-launched catastrophe insurance ...

DKN prepares for big reforms ahead

ELISE BURGESS  |  WEDNESDAY, 18 AUG 2010
DKN chief executive Phil Butterworth said the financial services group is well positioned to benefit from new reforms in the industry after posting a 23.4 per cent underlying profit increase to $7.64 million in the year to June. The financial services ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 AUG 2010
The Australian market has received mixed leads from overnight trade offshore. Wall Street indices were flat to marginally higher, whilst metals were higher, but oil was slightly lower. At 0739 AEST on the Sydney Futures Exchange, the September share ...

Market Wrap - Morning

AAP  |  MONDAY, 16 AUG 2010
The Australian share market has received overall negative leads from offshore trading over the weekend. Wall Street indices were slightly lower, and most metals and oil also were down. European markets were middling. At 0721 AEST on the Sydney Futures ...

Market Wrap - Midday

AAP  |  THURSDAY, 12 AUG 2010
The Australian stock market was weaker at noon after a poor performance on global markets overnight and a lift in the domestic unemployment rate. The market also took a dim view of weak profit results from Telstra and Qantas. At 1211 AEST, the benchmark ...

Great Southern legal battle continues

ELISE BURGESS  |  THURSDAY, 12 AUG 2010
Macpherson + Kelley Lawyers are progressing with their legal campaign against Great Southern, filing with the Victorian Supreme Court further allegations through a class action against the collapsed agricultural investment scheme manager. Formerly a ...

Wealth mgmt earnings boost CBA results

JOHN MCDULING  |  THURSDAY, 12 AUG 2010
Wealth management continues to be a significant contributor to Commonwealth Bank's profits, with the division posting double-digit earnings growth in the group's results released yesterday. For the full year ending June 30, the business reported cash ...

Market Wrap - Morning

AAP  |  THURSDAY, 12 AUG 2010
The Australian market has received strong, negative leads from offshore trading overnight, with key market indices all down heavily, oil dropping and only gold amongst key metals showing a rise. At 0710 AEST on the Sydney Futures Exchange, the September ...

The Fed did it

BENJAMIN ONG  |  THURSDAY, 12 AUG 2010
Ouch! Now that hurt didn't it? Of course it did. The S&P 500 index dropped by 2.8 per cent, the Dow fell by 2.5 per cent and the Nasdaq declined by 3 per cent. Not a good night overall. But why am I not surprised? As I've written just two days ago ...