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Showing 51 - 60 of 117 results for with AAP

NAB on track for cash EPS forecast

WITH AAP  |  TUESDAY, 2 SEP 2003
National Australia Bank Ltd (NAB) chief executive Frank Cicutto said today that the bank is on track to deliver its earnings per share forecast for the current financial year. "We are still on track to deliver full-year cash earnings per share growth ...

NAB chief leaves open on-market AMP share buying option

WITH AAP  |  TUESDAY, 2 SEP 2003
National Australia Bank Ltd (NAB) chief executive Frank Cicutto today left open the option of buying more shares in takeover target AMP Ltd on-market. Speaking to journalists after addressing the Australian Shareholders Association, Mr Cicutto said ...

ACCC to target property investment marketing exercises

WITH AAP  |  TUESDAY, 2 SEP 2003
Australia's consumer watchdog has threatened court action against people who conduct property investment seminars and other real estate marketing exercises. The Australian Competition and Consumer Commission (ACCC) said it had directed extra resources ...

AMP refuses to name UK business buyers

WITH AAP  |  MONDAY, 1 SEP 2003
AMP Ltd today remained tightlipped about whether it had lined up three potential buyers for its troubled British life insurance businesses. Earlier today it was reported that South African insurer and funds manager Old Mutual, American buyout specialist ...

NAB expressed interest in AFS business: AMP

WITH AAP  |  FRIDAY, 29 AUG 2003
National Australia Bank Ltd expressed interest in acquiring AMP Ltd's Australian Financial Services (AFS) business through an "off market" sale back in May, it was revealed today. But NAB, which did not present an actual proposal, was told by AMP that ...

AMP shares bounce back as investor focus moves to domestic earnings

WITH AAP  |  FRIDAY, 22 AUG 2003
Shares in AMP Ltd bounced back today as investors focused on the strength of the group's Australian earnings instead of concerns about the prospects of another capital raising. The stock, which was pummelled earlier in the week and hit near record lows ...

QBE chief announces acquisitions growth strategy

WITH AAP  |  TUESDAY, 19 AUG 2003
Global insurer QBE Insurance Group Ltd is looking at a range of acquisition opportunities to spur on its earnings growth, chief executive Frank O'Halloran said today. Mr O'Halloran said acquisitions were a key part of QBE's growth strategy, adding that ...

S&P leaves POF ratings on CreditWatch

WITH AAP  |  THURSDAY, 14 AUG 2003
Standard & Poor's Rating Services today said the ratings on Principal Office Fund (POF) remain on CreditWatch with negative implications after its responsible entity recommended acceptance of Investa Property Group's (IPG) takeover offer. As of today ...

S&P rates Westpac preferred security issue, CFS Gandel Retail Trust

WITH AAP  |  WEDNESDAY, 13 AUG 2003
International ratings agency Standard & Poor's (S&P) said today that it has assigned its A-minus long-term rating to the $US750 million trust preferred security issued by Westpac Banking Corp. Although a number of trusts exist within the securities ...

New ACCC chief lashes out at critics

WITH AAP  |  WEDNESDAY, 13 AUG 2003
New competition watchdog Graeme Samuel today hit back at critics who have accused him of being a toothless tiger. Mr Samuel, who was appointed head of the Australian Competition and Consumer Commission (ACCC) at the start of August following the retirement ...