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Showing 7041 - 7050 of 7103 results for "June 2011"

AMP updates demerger process

Ahead of the June 13 closure of the fully underwritten share purchase plan, the AMP board has provided an update on the progress of the demerger proposal, saying that it is still in the best long-term interests of shareholders. The group is on target ...

S&P Global 1200 revised to incorporate the S&P/ASX 50 index

Research, indices and ratings provider Standard & Poor's will revise the structure of the S&P Global 1200 index series to include the S&P/ASX 50, it has announced. Currently, the S&P Global 1200 covers the Asia Pacific region via the S&P Asia Pacific ...

Abacus launches new property fund

Abacus Property Group (ABP) has today announced the launch of the Abacus Diversified Income Fund that will be managed by Abacus Funds Management Limited, which now has over $500 million in assets under management. The new fund will provide investors ...

Babcock and Brown purchases $2.5 million of Biotech shares

International investment company Babcock and Brown has purchased 5.6 million shares of Biota Holdings, it has announced. The company's inaugural foray into the Australian biotechnology sector involves the purchase of $2.5 million worth in shares (7.5% ...

Super returns clawing their way back to break-even: Mercer

Investors in balanced superannuation funds could avoid a second consecutive year of negative returns if June proves to be another fruitful month for domestic and international shares, according to Mercer's latest Pooled Fund Survey. Mercer said that ...

APRA's Thompson to go at the end of June

The Australian Prudential and Regulation Authority (APRA) is looking for a new chief executive officer after it announced that Graeme Thompson will be finishing up at the end of his current term on June 30. APRA came under heavy criticism in the wake ...

Costello warns of drought-led economic slowdown

Federal Treasurer Peter Costello has warned of a slowdown in the Australian economy, despite the strength of the domestic market against international economic woes. "Notwithstanding the difficult international economy, the Australian economy continues ...

Wesfarmers to buy Edward Lumley Holdings for $320 million

Wesfarmers has confirmed that talks are underway to buy Edward Lumley Holdings (ELH), the parent company of trans-Tasman insurance and financial services technology group Lumley Insurance, for approximately $320 million. The price, if the deal goes ...

CPA Australia launches nationwide business briefings

CPAs across Australia will have opportunity to learn the latest developments arising from HIH, CLERP 9, ASX Corporate Governance Council's guidelines, and achieving IFRS compliance by 2005, through a series of CPA Australia business briefings to be ...

Interest rates and strength of Australian dollar to rise: NAB

The Reserve Bank of Australia's (RBA) cash rate is expected to remain unchanged at 4.75 per cent till the March quarter of 2004 and may rise to 5% in June 2004 and onwards to 5.25% in September 2004, according to National Australia Bank (NAB) predictions. ...