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Showing 6501 - 6510 of 6682 results for "Sale"

Trust Co announces $5.56 million first half net profit

AAP  |  TUESDAY, 21 OCT 2003
... fully franked interim dividend of 17 cents per share and a special fully franked dividend of 15 cents per share from the sale of a property in Edgecliff, NSW. Shareholders were also paid a 13 cents fully franked dividend in June 2003. This compares with ...

Perpetual profits up

AAP  |  MONDAY, 20 OCT 2003
Perpetual Trustees Australia Ltd said today that profit for the first quarter is ahead of the same period last year. Chairman Charles Curran said this reflects increased fund inflows as markets continued to improve, and cost management. "I am pleased ...

Australia looks for free trade deal with US; Thailand deal announced

AAP  |  MONDAY, 20 OCT 2003
Australian business is hoping US President George W Bush will commit to a free trade agreement between America and Australia when he addresses federal parliament on Thursday. "We will be looking to President Bush to signal that the final stages of the ...

ING sells entire IWL strategic stake

... Pratt's investment arm Thorney Holdings has acquired a 9.5 per cent stake in financial services company IWL following ING's sale of its entire strategic stake in IWL. Mr Buttula, IWL chief executive said, "While it is somewhat moving to lose ING as a ...

AMP releases demerger plan

AAP  |  FRIDAY, 17 OCT 2003
Troubled financial services group AMP Ltd yesterday forecast higher profits as it received the all clear to release a hefty document outlining its demerger plan. In the 629-page explanatory memorandum, AMP predicted its Australian operations will lift ...

New appointment at Tower

... group to focus more tightly on the provision of risk and wealth management products for the retail market, including the sale of the Tower Trust business and closing Tower's annuities portfolio to new business. The group was forced to raise $188 million ...

Morning Market Wrap: Dollar strong after volatile night

The Australian dollar opened stronger today after a volatile night where it was pulled down by the euro. At 0700 AEST the Australian dollar was trading at $US0.6881/86 compared with yesterday's close of 0.6878/84. In overnight trading the local unit ...

Wesfarmers acquires Lumley for $320 million

... Federation Insurance in the new Wesfarmers Insurance Division. Lumley Life will be part of that division until finalisation of its sale.

AMP shares soar as Mohl details demerger plan

AAP  |  MONDAY, 13 OCT 2003
... to new business in June, could have generated a "significant amount of cash" for AMP's British businesses, he said. "So (a sale of NPI) would have fundamentally changed the way we would have achieved the demerger objective," Mr Mohl added. "The gearing ...

Investa ups distribution forecast

AAP  |  THURSDAY, 9 OCT 2003
Listed property trust Investa Property Group Ltd has upped its distribution forecast for 2003/04 to 16.5 cents. The group had previously forecast the full year distribution to be 16.2 cents per unit. Investa chairman Ian Payne told unitholders at the ...