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Showing 6481 - 6490 of 9741 results for "Major"

DKN agrees to support IOOF takeover

ALISON BEVEGE  |  MONDAY, 27 JUN 2011
... independent valuation. IOOF has increased its bid from an indicative offer of 75c per DKN share, which was hotly rejected by major DKN shareholder Count Financial, to 80c per share. IOOF chief executive Chris Kelaher said DKN would keep its current Lonsdale ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 22 JUN 2011
... cent, to $42.57. Rio Tinto was up $1.44, or 1.83 per cent, to $80.08 and Fortescue Metals found seven cents to $6.15. The major banks have all improved, with Commonwealth up 55 cents at $50.81, Westpac 23 cents better at $21.66, ANZ 27 cents higher at ...

Deposits may shield Aussie banks from Greek debt crisis fallout

ALISON BEVEGE  |  TUESDAY, 21 JUN 2011
... points. Vivek Prabhu, portfolio manager and credit analyst for Perpetual, said the latest iTraxxs credit index that follows 25 major corporate and bank issuers in Australia last week blew out to 120 basis points, the widest it's been in months and larger ...

Market Wrap - Midday

AAP  |  MONDAY, 20 JUN 2011
... was seven cents higher at $11.47. The financial sector was the best performer, up by just over one per cent, led by the major banks. "The area that is getting attention today is the financials," Mr Chatterton said. "I would like to believe that there's ...

Count says advisers worried about IOOF offer

ALISON BEVEGE  |  MONDAY, 20 JUN 2011
... financial advisers may have an issue with institutional ownership under the proposed IOOF takeover of DKN Financial Group, a major shareholder of the takeover target said today. Count Financial chief executive Andrew Gale said regulatory reforms were ...

Market Wrap - Morning

AAP  |  MONDAY, 20 JUN 2011
... indicator was due for release. On Friday, the Australian share market finished flat as a production downgrade from energy major Woodside put an end to a positive morning session. The benchmark S&P/ASX200 index closed up 5.7 points, or 0.13 per cent ...

van Eyk calls for pay for ratings disclosure

PRESS RELEASE  |  FRIDAY, 17 JUN 2011
In its future of financial advice (FOFA) submission, investment research house, van Eyk has called for the disclosure of the pay for ratings research model, not currently integrated into the proposed reforms. "As part of the arrangement where a client ...

Market Wrap

AAP  |  FRIDAY, 17 JUN 2011
The Australian share market opened higher on Friday after two of the major United States indices rose, but worries continued that Greece's debt troubles could spread. At 1015 AEST on Thursday, the benchmark S&P/ASX200 index was up 23.9 points, or 0.53 ...

Credit Suisse global appointments

ELISE BURGESS  |  FRIDAY, 17 JUN 2011
Investment bank, Credit Suisse, has announced two major appointments this week, its new global head of commodities and head of global emerging markets for its financial institutions group (FIG). Paul Hawkins will join Credit Suisse as managing director ...

Super funds bidding to stem insurance shortfall

MATT WOODINGTON  |  THURSDAY, 16 JUN 2011
Group insurance companies are experiencing a shift in the focus of super fund clients with an increasing impetus on innovation, simplicity and slick claims processes. As funds look to play their part in tackling Australia's under-insurance problem ...