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Showing 5841 - 5850 of 5919 results for "March 2011"

National takes $205 million hit on wealth management business

The National Australia Bank (NAB) has announced a net profit of $1.87 billion for the six months ended 31 March, a fall of 17%, as the company reduced the value of its wealth management business by $205 million. Managing director and chief executive ...

Centro hails Takeovers Panel victory on ART

Centro Properties has warmly welcomed a decision by the Takeovers Panel that will prevent AMP Life from exercising any pre-emptive rights over the interest held by AMP Shopping Centre Trust (ART) in five major shopping centres. The panel had ruled that ...

Macquarie announces 33% profit surge to $333 million

Macquarie Bank today announced a $333 million profit for the year ended March 31, an increase of 33 per cent from the $250 million profit in the corresponding period last year. Basic earnings per share increased 24% to $1.65 from $1.33 the previous ...

BT small caps rated three stars by Morningstar

Morningstar has given a three star rating to BT Financial Group's (BTFG) small capitalisation growth at a reasonable pace (GARP) value investment process in its latest assessment of the Westpac-owned fund. The rating assessed the Sagitta-Rothschild ...

Housing finance rises 2.6% to 53,373 in March 2003: ABS

Housing finance for owner occupation across Australia showed a 2.6 per cent increase in the number of dwellings financed for March 2003 compared to the figure for February, the Australian Bureau of Statistics said today. In March, a total of 53,373 ...

Macquarie appoints McClintock to Infrastructure board

Macquarie Infrastructure Group (MIG) has appointed former Secretary to the Cabinet Paul McClintock to the board of Macquarie Infrastructure Investment Management (MIIML), it has announced. "Mr McClintock brings with him extensive investment banking ...

Assirt throws weight behind hedge funds

Assirt has announced an alliance with the Alternative Investment Management Association (AIMA) to promote investor awareness of the risk and rewards connected with hedge funds. Assirt said that it has developed a specific research process for hedge ...

South Australia building approvals surge 41.1%: ABS

The number of building approvals for dwelling units in South Australia increased by 41.1% from February to March 2003, representing an increase from 745 to 1,051, according to data released today by the Australian Bureau of Statistics (ABS). The number ...

Morningstar downgrades AMP international equities on staff fears

Morningstar has downgraded embattled AMP's forward-looking rating for its management of international equities from 'positive' to 'neutral' in the wake of the company's geographic-based demerger. The rating house focused much of its attention on AMP's ...

Retail investors lose the faith as equity funds shrink: Assirt

Retail investors have been net withdrawers from equity funds during the March quarter for the first time ever, according to Assirt. "The March quarter survey of fund flows has revealed an interesting, but worrying picture of investor behaviour. For ...