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Showing 5441 - 5450 of 5919 results for "March 22"

CBA gets 452 Capital cut at last

Commonwealth Bank has finally acquired a 30 per cent stake in Peter Morgan's 452 Capital after initial negotiations broke down in March this year. Morgan will maintain his 50 per cent share and control of the group and co-founder Warwick Negus will ...

Market wrap

AAP  |  THURSDAY, 26 MAY 2005
The Australian share market is expected to open weaker as a poor lead from the US is expected to outweigh positive base and precious metal gains. However, a surge int he oil price overnight could add weight to the resources sector. On the Sydney Futures ...

Choice awareness grows as willingness to move drops

Awareness of the impending introduction of choice of fund is building according to research conducted by AMP which found that 84 per cent of adult Australians are aware of the change, up 20 per cent in the past month alone. This awareness has climbed ...

ASIC bans Queensland advisor

The Australian Securities and Investments Commission (ASIC) has banned a Queensland financial advisor from providing any financial services. "ASIC's decision serves as a warning that dishonest conduct will not be tolerated and a lifetime ban will be ...

Australian Wealth Management posts modest debut results

Australian Wealth Management (AWM) has posted a $113,000 maiden net profit for the six months to March 31, in line with forecasts set out in its scheme book prior to listing. The profit included one off separation and restructuring costs to the tune ...

Record year pays-off for MacBank execs

Macquarie Bank yesterday announced a massive increase of 67 per cent in after tax profit to $823 million and an increase of over 50 per cent in total remuneration for its executive directors and its top five executives to $93 million. Pre-tax profit ...

IFM bid for PacHydro 'fair'

An independent expert's report of Pacific Hydro commissioned by the company's independent directors has found the Industry Funds Management (IFM) bid of $5 per share for the group is 'fair and reasonable'. The report was conducted by Ernst & Young Transaction ...

FPA concerned over misleading advertising about Choice

The Financial Planning Association (FPA) has expressed its concerns that the current advertising campaigns regarding choice of fund are factually inaccurate and are creating a confusing climate for consumers in the lead up to the new regime. The FPA ...

PGIA's property rating upgraded to 'strong'

Standard & Poor's (S&P) has awarded an Assirt four star rating to the Principal Global Investors Australia (PGIA) Property Securities Fund and upgraded its assessment of Principal's capabilities in the Listed Property Trust sector from 'competent' to ...

HSBC Australian property securities funds affirmed

Standard & Poor's has affirmed its 'strong' Assirt property securities sector ratings on HSBC Asset Management (HSBCAM) including the HSBC Australian Property Securities Trust and HSBC Property Securities Wholesale Fund, however HSBCAM's direct property ...