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Showing 5861 - 5870 of 6252 results for "December 29"

AMP shares rally on strong buyback response, debt paydown

AAP  |  WEDNESDAY, 21 APR 2004
Shares in AMP climbed 4% yesterday after the recovering financial services company said the completion of a near $1 billion buyback of income securities would help halve its debt. Chief executive Andrew Mohl said 31,000 income securities holders, representing ...

Less mergers this year: IRESS

AAP  |  TUESDAY, 20 APR 2004
Financial market information software group IRESS Market Technology is expecting to see less mergers and rationalisation in the industry this year. Managing director Peter Dunai said that with the upturn in equity markets there was a "firmness" occurring ...

Building work jumps in December quarter: ABS

AAP  |  MONDAY, 19 APR 2004
Building activity jumped almost 6% in the December quarter to the second highest level on record, new figures showed today. The Australian Bureau of Statistics (ABS) said building work done rose 5.9%, allowing for seasonal factors, to $12.08 billion ...

Market Wrap

Australian stocks should gain ground after blue chips on Wall St posted modest gains on Friday night, while base metal prices ended higher on the London Metal Exchange. Last Friday, a profit warning from National Australia Bank weighed down the Australian ...

Super Cheap Auto gears up for IPO

AAP  |  FRIDAY, 16 APR 2004
Automotive parts and accessories retailer Super Cheap Auto said today it was gearing up for a float on the Australian Stock Exchange. The Brisbane-based company said it expected to lodge a prospectus for an initial public offer with the Australian Securities ...

AXA eyes China for future growth

AAP  |  WEDNESDAY, 14 APR 2004
AXA Asia Pacific Holdings chairman Rick Allert said today there will be new opportunities for the group when the market in China opens further at the end of 2004. "The economy in Hong Kong is showing signs of strong growth and the Closer Economic Partnership ...

Challenger to create national network of financial planners

Challenger Financial Services Group plans to pay the equivalent of about $100 million in a share swap with Associated Planners Group to create a national network of some 450 financial planners that will include its Garrisons Financial Planning arm. ...

RBA decision to leave rates unchanged no surprise

AAP  |  THURSDAY, 8 APR 2004
The Reserve Bank of Australia's (RBA) decision to leave interest rates unchanged in April has come as no surprise to economists who expect rates to remain on hold for a while yet. Yesterday the RBA held its key lending rate steady at 5.25% for the third ...

March inflation remain subdued

AAP  |  MONDAY, 5 APR 2004
Prices of consumer goods and services rose by 0.3% in March to be 2.1% higher than a year earlier, according to the TD Securities/Melbourne Institute monthly inflation gauge. TD Securities chief strategist Stephen Koukoulas said the 0.3% gain overstates ...

IOOF appoints new managing director

AAP  |  TUESDAY, 30 MAR 2004
Shares in financial services group IOOF Holdings jumped almost 3% yesterday with the appointment of former JP Morgan banker Ron Dewhurst as new managing director. Australian-born Dewhurst was most recently head of Americas for JP Morgan Fleming Asset ...