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Morning market wrap: US stocks dip

... socio-economic crisis looming due to the SARS virus. In local news, the HIH Royal Commission's findings that the insurance giant's top executives could have as many as 56 cases charged level against them, some criminal, has been hailed by the Federal ...

Challenger and CPH tie the knot, Cuffe in as CEO

... union by signing an implementation agreement that will create a $1.1 billion financial services group that will rank in the top 100 Australian companies on the Australian Stock Exchange in terms of market capitalisation. The merged group will be known ...

Morning market wrap: US shares fall as war nears conclusion

Shares in the US fell overnight as any boost from the toppling of Saddam Hussein's regime in Iraq was replaced by caution ahead of the start of the US quarterly reporting season. The index gave up 100.98 points, reflecting the negative sentiment in ...

Super funds call for improved WH&S disclosure management

... to contractors. "Our review of 2001/2002 company annual reports indicates market failure in the area WH&S disclosure by the top 200 companies," said Steve Gibbs, chief executive officer of PSS/CSS, and Frank Pegan, chief executive officer of CSF, in ...

Midday market wrap: Air New Zealand loses 3.5% after ACCC verdict

The All Ordinaries continued to slide lower, dragged down by heavyweight News Corporation after it sealed a $6 billion pay TV deal in the US. The stock was a hefty $0.84 lower at lunchtime. Air New Zealand was another loser, dropping $0.02 to $0.41 ...

Hedge funds underperform broader indices in March: Hennessee

... "Greenspan's monetary easing is helping balance sheet issues among lower credits." The Hennessee Latin America index was March's top performer with a return of 8.2% during March, while the Pacific Rim index was the weakest performer, losing 1.67% over ...

Super growth funds at the height of volatility:InTech

... reversing the 'all negative' trend seen in the previous two months. Maple-Brown Abbott delivered the best return of 2.1%. Other top performers for the month included Tyndall (2.1%) and AM Corp and Ausbil, both with a 2% return. For the nine months thus ...

Colonial hires Dixon as general manager of investments

... Financial Services, and replaces Joanne Wagstaff. "David's experience, industry reputation and leadership skills made him the top candidate for the job. David wil help drive our goal of achieving top tier investment performance across all asset classes," ...

Barclays tops Morningstar sector strength ratings

... five and a Morningstar star rating of three stars for its style-neutral 'alpha tilts' investment approach, putting them on top of Morningstar's qualitative sector strength ratings for Australian equities. Second on the list was Deutsche's Australian ...

NZ mergers and acquisitions actvity rises 37.26% for the quarter

... buyback transaction was the second largest in value, worth NZ$125.62 million. PPC's acquisition of Richmond Ltd was the third top transaction for the quarter with a value of NZ$38.33 million.