Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 6951 - 6960 of 7139 results for "June 2023"

Morning market wrap: US stocks, bonds edge lower

US stocks eased overnight, as markets continued to digest the implications of a disappointing earnings result from technology bellwether Hewlett-Packard Co. The Dow Jones eased 31.4 points (0.3%) to 9,397.5, underpinned by a 10% fall in Hewlett-Packard. ...

IAG announces $153million profit for the year

The Insurance Australia Group (IAG) announced today a net profit of $153 million after tax for the year ended 30 June 2003. IAG said that the profits had confirmed the success of the CGU and NZI acquisition and reflected the ongoing successes of initiatives ...

Afternoon market wrap: Local shares eke out small gains

The Australian share market lost ground in afternoon trade, although the All Ordinaries index eventually finished 2.7 points higher 3,167.7. The gain was enough to push the index to a new 12-month high, with the market supported by another day of earnings ...

Westpac leading indicator strengthens in June

Australian economic growth is poised to recover strongly in the first half of 2004, according to Bill Evans, Westpac's Chief Economist. Mr Evans was commenting on the release of the Westpac-Melbourne Institute leading index, which strengthened to 5.5% ...

ASIC accepts enforceable undertakings from two Lifetrack directors

The Australian Securities and Investments Commission (ASIC) has also accepted enforceable undertakings from Lifetrack Management Ltd and Messrs David Smith and Alan Rich, two of its directors. Lifetrack was the approved trustee of the AM Pooled Superannuation ...

Macquarie CountryWide trust reports 22% rise in net income

Macquarie CountryWide Trust today reported a 22 per cent rise in net income in 2002/03 and confirmed broker forecasts for a distribution of 14 cents a unit in 2003/04. The food-based retail property investor delivered a net income for the 12 months ...

AiG & QBE expected to unveil healthy profit results

Two of Australia's biggest insurers, Insurance Australia Group Ltd (IAG) and QBE Insurance Group Ltd, are expected to unveil healthy profit results this week thanks to a continued hardening in premium prices. Analysts expect QBE on Tuesday to lift its ...

FSIU launches unique ratings product

The Financial Standard Intelligence Unit (FSIU) today launched a new series of investment performance review (IPR) ratings for 480 Australian wholesale managed funds, including superannuation funds, institutional investors and platform products. The ...

International merchandise imports reduces to $10.627 billion in July

The value of international merchandise imports into Australia reduced from $10.715 billion in June to $10.627 billion in July, the Australian Bureau of Statistics (ABS) said today. The biggest item on the bill was machinery and transport equipment at ...

David Jones reports 2.6% increase in annual sales

Upmarket retailer David Jones Ltd is on track to achieve the upper end of its 2002/03 net profit forecast, but is still expected to post an annual loss due to its Foodchain exit. The retailer today reported a 2.6 per cent increase in annual sales to ...