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Showing 6531 - 6540 of 10308 results for "STI"

Folkestone forced to pay cash

BEN COLLINS  |  THURSDAY, 9 AUG 2012
Folkestone will have to pay cash for the Austock property business, after the Pooled Developments Funds Board knocked back its cash-and-scrip offer. The $11 million sale was going to be paid 70% in cash, and 30% in Folkestone Shares, however the agreement ...

Known knowns

BENJAMIN ONG  |  THURSDAY, 9 AUG 2012
It's still many, many sleeps before Christmas yet last night seems to be "the night before Christmas, when all through the house, not a creature was stirring, not even a mouse." Financial markets generally marked time while we slept, unstirred by fresh ...

Market Wrap

AAP  |  THURSDAY, 9 AUG 2012
The Australian market looks set to open higher. At 0800 AEST on Thursday, the September share price index futures contract was up six points at 4,287. In economic news on Thursday, the Austalian Bureau of Statistics (ABS) is due to release July's Labour ...

Generations split on what causes sleepless nights

MARK STORY  |  WEDNESDAY, 8 AUG 2012
Research from superannuation fund Sunsuper revealed that the financial nightmares experienced by different generations reflect where they are at within their respective life stages. But what unites the generations, said Sunsuper's general manager, customer ...

Dunn loses bonus shares

BEN COLLINS  |  WEDNESDAY, 8 AUG 2012
AMP chief executive officer Craig Dunn has been forced to forfeit 777,778 shares, after the company's share price fell from $6.50 in 2010, to the current price of $4.04. The 777, 778 shares - worth approximately $3.2 million - were granted in 2010 ...

Legal challenges face default super inquiry

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
The changing role of Government in recommending default super funds in modern awards could lead to worker legal action against the Commonwealth. The Law Council of Australia issued the warning at public hearings held by the Productivity Commission (PC) ...

Market Wrap

AAP  |  WEDNESDAY, 8 AUG 2012
Australian shares opened slightly higher following gains on Wall Street and Europe. At 1016 AEST on Wednesday, the benchmark S&P/ASX200 index was up 12.1 points, or 0.28 per cent, at 4,303.7, while the broader All Ordinaries index was up 12.4 points ...

Blahs take the blues away

BENJAMIN ONG  |  WEDNESDAY, 8 AUG 2012
Another day, another blah to keep risk takers happy. Yes Virginia, in keeping up with our Olympics theme, it's turning out to be a blah relay. This time, Eric S. Rosengren -- president of the Federal Reserve Bank of Boston - is running with the blah ...

Market Wrap

AAP  |  WEDNESDAY, 8 AUG 2012
The Australian market looks set to open higher after Wall Street finished higher on optimism the US and European central banks may act to stimulate their respective economies. At 0751 AEST on Wednesday, the September share price index futures contract ...

MFOs take growth from banks

MELANIE TIMBRELL  |  TUESDAY, 7 AUG 2012
Boutique multi-family offices are outgrowing bank-affiliated organisations worldwide, according to a Bloomberg Markets study. Of the top 10 fastest-growing firms ranked, only HSBC Private Wealth Solutions was part of a big bank with the other nine on ...