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Showing 6511 - 6520 of 6682 results for "Sale"

AMP shares up on hopes of reinsurance sale

AAP  |  WEDNESDAY, 8 OCT 2003
Shares in AMP Ltd rose by more than one per cent in early trade today amid reports that it could be close to selling its global reinsurance business for $600 million. AMP's shares were eight cents or 1.21 per cent higher at $6.70 by 1057 AEST. Analysts ...

Homeowners wait on Reserve Bank decision this morning

AAP  |  WEDNESDAY, 8 OCT 2003
Homeowners will again hold their collective breath today as they await the outcome of the Reserve Bank's board meeting. Economists are expecting the bank to lift the interest rate, but when it will move is proving difficult to predict. If rates stay ...

NZ Super Fund appoints BNP Paribas as new custodian

The New Zealand Superannuation Fund has finalised the negotiations with BNP Paribas Securities Services to secure BNP Paribas as the custodian and investment operations provider to the NZ Fund. The Fund's portfolio's value will initially be NZ$2.4 billion ...

Colonial supports PREIA managment of Lend Lease

AAP  |  MONDAY, 6 OCT 2003
... (REI) businesses. But Colonial, with a 21.8 per cent stake in LLUSOT, is using its major shareholder status to oppose the sale of the trusts's management rights to Morgan Stanley. Colonial would prefer PREIA to become the responsible entity, with its ...

Trust Company upgrades full-year profit expectations

Trust Company has upgraded its expected earnings before business and tax, for the financial year ended 28 February 2004, to be around $17 million - $3 million higher than the previous expectation announced in May 2003. Operating revenue is also expected ...

Retail sales edge higher by 1.1% during September

Retail sales across Australia has increased by 1.1 per cent during September, reflecting a continued strong consumer spending for the month according toe the financial services group Cashcard Australia's Retail Activity Index (RAI). "The Cashcard Retail ...

Lloyds TSB announces new strategy today

AAP  |  MONDAY, 6 OCT 2003
Britain's Lloyds TSB is expected to give an update on the $6 billion sale of its National Bank of New Zealand when it announces a new strategy to United Kingdom investors tonight, the Australian Financial Review reported. Australia's ANZ Banking Group ...

Kiwi industry profits up 42 per cent

AAP  |  FRIDAY, 3 OCT 2003
New Zealand was a more profitable place to do business last year, with the pre-tax surplus for all industries rising 42 percent to $42.4 billion. Statistics New Zealand said in its latest annual enterprise survey, covering the year to September 2002 ...

Perpetual launches new infrastructure fund

Perpetual Investments is expanding its range of alternative assets, with the group announcing the launch of a new wholesale diversified infrastructure fund. The fund expects to invest primarily in equities issued by unlisted Australian infrastructure ...

AMP welcomes court decision on Stanbroke

AMP has welcomed the Federal Court decision in relation to the sale of Stanbroke Pastoral Company, a wholly owned subsidiary of AMP Life Ltd. Australian Agricultural Co (AACo) had sought an injunction restraining AMP Life from selling, disposing or ...