Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5251 - 5260 of 5263 results for "SCA"

Macquarie secures $4 million for commercial property leases

Macquarie Goodman has secured $4 million for leasing 36,600 square metres of new and existing space to high profile customers at Lidcombe Business Park in New South Wales. Among the clients include Voicera, a subsidiary of Marquadt-Emblen, one of Germany's ...

UBS sells CSC to Fidelity for $500 million

UBS today announced that it had signed an agreement to sell Correspondent Services Corporation (CSC), a division of UBS PaineWebber, to Fidelity Investments for a reported $500 million. CSC provides clearance, execution, settlement, administrative and ...

Westpac opens up Moorebank, Stockland takes first slice

Westpac Funds Management has put the units for its Moorebank Property Trust on the market and announced that Stockland Trust has already purchased 24.9 per cent of the units for $22 million. Stockland has also been appointed to look after the asset ...

ASIC permanently bans Victorian financial adviser

The Australian Securities and Investments Commission (ASIC) announced today that it had accepted an enforceable undertaking from Robert Street, a financial adviser from Victoria, that he be permanently excluded from the financial services industry. ...

World airline industry faces worst crisis ever

The world airline industry is facing its worst crisis ever and according to the International Air Transport Association (IATA), the war in Iraq may cause some carriers to fold their operations. Andrew Drysdale, head of IATA's Asia Pacific division ...

APRA urges increase in DB funding as solvency levels fall

The Australian Prudential and Regulation Authority (APRA) is urging superannuation trustees and employers in Defined Benefit (DB) funds to increase their level of funding after finding that falling equity markets had decreased solvency rates. Although ...

AMP Shopping Centre Trust announces 5.5% growth

AMP Shopping Centre Trust (ART) today announced that it had recorded sales growth of 5.5 per cent in February, with its discount department stores registering an increase in sales of 6.7%, while its department stores recorded a rise of 1% in sales and ...

Bus and Coach, Tasplan talks continue as compliance issues bite

The $47 million Bus and Coach Superannuation Scheme (BACSS) is continuing talks with Tasplan ahead of a likely merger into the Hobart-based fund as it chases both economies of scale and refuge from what it regards as increasingly onerous compliance ...

Investment Analysis: Correlation between Dow Jones, Nasdaq since 9/11

Overnight trading on the Dow Jones and Nasdaq pushed the indices in different directions, with the Dow Jones rising 71.22 points to 8265.45 while the Nasdaq fell 3.47 points to 1397.08. But research conducted by the Financial Standard reveals a very ...

Centro announces $1.32 billion move for AMP Shopping Centre Trust

Paul Cully Listed property trust Centro today acquired 19.9% of units in AMP Shopping Centre Trust (ART) and promptly followed up the acquisition with an off-market bid to take the remaining units, valuing ART at approximately $1.32 billion. "We believe ...