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Market Wrap PM

AAP  |  TUESDAY, 21 OCT 2014
... the banks, the Commonwealth Bank lifted four cents to $77.30, ANZ added six cents to $32.51, National Australia Bank advanced eight cents to $33.52, but Westpac lost 14.5 cents to $33.425. Telstra gained 2.5 cents to $5.425. KEY FACTS * At 1020 AEDT ...

Van Eyk starts due diligence with potential buyer

LAURA MILLAN  |  MONDAY, 20 OCT 2014
... business. Meanwhile, the process to sell Van Eyk's New Zealand business to independent advice firm Saturn Portfolio is "well advanced," according to the administrator. Moore Stephens voluntary administrator Trent Hancock has released a report to van ...

AFA names 10th Rising Star Award winner

ALICE URIBE  |  SUNDAY, 12 OCT 2014
... to build an advice panel "for younger people starting out." He has a Diploma of Financial Planning and has started his Advanced Diploma. The award has been responsible for attracting new talent to a career in financial advice according to ANZ Wealth. ...

Market wrap

AAP  |  THURSDAY, 9 OCT 2014
... generally, were rising. Commonwealth Bank was up 71 cents to $75.73, ANZ had gained 42 cents to $31.72 and Westpac had advanced 37 cents to $32.65. Bank of Queensland was 33 cents, or nearly three per cent, better at $12.11. It lifted its full year cash ...

Market Wrap AM

AAP  |  TUESDAY, 30 SEP 2014
... 17,210.06. The broad-based S&P 500 rose 15.53 (0.78 per cent) to 1,998.30, while the tech-rich Nasdaq Composite Index advanced 46.53 (1.03 per cent) to 4,555.22. The Commerce Department reported that sales of new single-family houses surged 18 per cent ...

Market Wrap AM

AAP  |  THURSDAY, 25 SEP 2014
... 17,210.06. The broad-based S&P 500 rose 15.53 (0.78 per cent) to 1,998.30, while the tech-rich Nasdaq Composite Index advanced 46.53 (1.03 per cent) to 4,555.22. The Commerce Department reported that sales of new single-family houses surged 18 per cent ...

FPA rejects FSC adviser regulation plans

ALICE URIBE, LAURA MILLAN  |  WEDNESDAY, 24 SEP 2014
... intra-fund advice. The proposed entity should also set minimum competency requirements, ongoing education requirements and advanced competency requirements that would enable adviser specialisation. However FPA chief executive Mark Rantall said that its ...

Market wrap

AAP  |  TUESDAY, 23 SEP 2014
... Westpac edged up one cent to $32.41, and National Australia Bank added 13 cents to $33.23. Internet provider TPG Telecom advanced 31 cents to $6.91 after the company said it expected to grow earnings 25 per cent over the next year. Agricultural chemicals ...

Cutting edge data tool finds super members most likely to defect

MARK SMITH  |  TUESDAY, 23 SEP 2014
... super fund bosses who is most likely to leave their fund, and what to do to make them stay. Dr David Black is head of advanced analytics at Empirics. With over 10 years of academic experience in data analysis and statistical models, he and his team believe ...

Market Wrap AM

AAP  |  TUESDAY, 23 SEP 2014
... investors await the release on Tuesday of preliminary manufacturing data out of China. WELLINGTON - The NZX 50 Index advanced 54.947 points, or 1.1 per cent, to 5236.292.