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Showing 41 - 49 of 49 results for "UK operations"

S&P downgrades AMP Group Holdings' rating to BBB+

... yesterday's AGM corporate grilling by AMP shareholders, and the revelation of management blunders in AMP's deeply troubled UK operations.

Morningstar downgrades AMP international equities on staff fears

... house mentioned was the possible loss of benefits that the local investment management operations may lose from the UK operations (primarily management of international equities and fixed interest), thus leading to weakening of the investment process. ...

AMP sees 40 per cent wiped off share value

... company's decision to demerge along geographical lines and write-down a further $2.6 billion in relation to its UK operations. Earlier, chief executive officer Andrew Mohl had attempted to bolster support for the financial services giant. "We are very ...

Morning market wrap: AMP braced for $3.00 fall

... plans." AMP last traded at $8.73 on Thursday before it announced plans to demerge and write-down $2.6 billion from its UK operations. All Ordinaries: 2941.00 (+0.00) Dow Jones: 8582.68 (+128.43) NASDAQ: 1502.88 (+30.32) FTSE-100: 3952.60 (+72.50) Hang ...

AMP demerger will have "minimal impact": APRA

... have "a minimal impact on Australian policyholders and depositors," despite a writedown of $2.6 billion from its UK operations. APRA said it "will undertake a significant review of AMP's proposal to demerge its operations in Australia and the United ...

Afternoon market wrap: All Ordinaries edges lower

... trade. AMP was placed on trading halt as it announced a massive restructure and $2.6 billion writedown from its UK operations. Air New Zealand continued to rise, adding another 7.9% to finish at $0.41 in what has been a strong week for the Kiwi carrier ...

Afternoon market wrap: All Ordinaries gains ground, AMP up $0.09

... marginally higher at 2861.20 points. AMP rose $0.09 to $7.57 as the company announced a further restructuring of its UK operations, transferring its UK banking portfolio to the Newcastle Building Society for "a small net premium." Qantas finished at ...

Challenger profits fall 67% to $35.84 million, but inflows grow

... million, down 67 per cent from the corresponding period last year, due in part to a $14.6 million write down of its UK operations and a more conservative estimate of futures profits relating to the group's growing property portfolio. "Despite difficult ...

AMP record $896 million for 2002

... compared to the $690 million profits of the corresponding period of 2001. The company blames losses primarily to its UK operations. The massive loss means that AMP's earnings per share have fallen from $1.08 in 2001 to $0.78 in 2002, whilst dividends ...
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