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Showing 6761 - 6770 of 7102 results for "June 2011"

CBA launches $450-550 mln share buyback

Commonwealth Bank of Australia (CBA) today said it will buy back between $450 million and $550 million of its shares off-market. CBA today reported a net profit of $1.243 billion for the 2003/04 first half, double the previous first half result which ...

AIF to maintain dividends, after reporting $11.2 million net profit

Australian Infrastructure Fund (AIF) said today it would continue to sustain dividends, forecasting a 5.5 cents distribution for the second half of 2003/04, similar to the first half. The company reported a net profit of $11.263 million compared with ...

David Jones says Q2 sales up 3.3%

Australian upmarket retailer David Jones Ltd said today that it is on track to meet its 2003/04 sales growth forecast of 1.5-25 per cent after second quarter sales rose by 3.3 per cent. The company said that first half sales were up 2.8 per cent from ...

Challenger to sell corporate super arm

Challenger Financial Services Group has put its corporate superannuation administration business up for sale, including its $253 million Corporate Superannuation Plan, saying the business is no longer viewed as a core function for the group. The trust ...

US Federal Reserve holds key short-term rate at 1%

AAP  |  THURSDAY, 29 JAN 2004
The Federal Reserve, not wanting to upset the economic recovery, held a main short-term interest rate at a 45-year low today. Wrapping up a two-day meeting - the first regularly scheduled session of the year - Fed chairman Alan Greenspan and his colleagues ...

Market Wrap

AAP  |  MONDAY, 19 JAN 2004
The Australian dollar opened sharply weaker after a report showing foreigners were bigger than expected investors in United States assets drove the US currency to its biggest one-day gain against the euro in five months. At 0700 AEDT the Australian ...

Jobs figures strengthen expectations of further rate hike

AAP  |  FRIDAY, 16 JAN 2004
Better-than-expected jobs growth in December strengthened expectations of a further rate hike next month as figures showed unemployment remained at 14-year lows. Treasurer Peter Costello said the December jobless rate of 5.6%, the same as November ...

Market Wrap

AAP  |  FRIDAY, 16 JAN 2004
The Australian dollar slumped in overnight trading after positive United States economic data and comments from European officials expressing concern over the strength of the euro boosted the US dollar. At 0700 AEDT the Australian dollar was trading ...

Market Wrap

AAP  |  THURSDAY, 15 JAN 2004
The Australian dollar opened weaker today, as the United States currency gained support from a narrower-than-expected US trade deficit. At 0700 AEDT the Australian dollar was trading at $US0.7757/59 compared with yesterday's close of 0.7770/75. The ...

Market Wrap

AAP  |  WEDNESDAY, 14 JAN 2004
The Australian dollar opened weaker today, retreating from a fresh six and a half year high overnight, as the United States dollar gained strength from comments made by Federal Reserve chairman Alan Greenspan. At 0700 AEDT the Australian dollar was ...