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Showing 761 - 770 of 838 results for "Corp."

Midday Market Wrap: Dollar puts pressure on local stocks

The Australian share market was lower to noon as the rising Australian dollar continues to put pressure on local stocks with offshore earnings. The resource sector and heavyweights such as News Corp continued to show their vulnerability to the strong ...

Telstra faces hostile shareholders

AAP  |  MONDAY, 17 NOV 2003
Angry Telstra Corp shareholders last week applied their collective war paint for what turned out to be an unexpectedly hostile annual general meeting in Sydney. In a marathon session which stretched beyond five hours, the airing of grievances ranged ...

Afternoon Market Wrap: All Ords close lower while $A pushes past US 72 cents

The Australian share market closed lower today as the stronger Australian dollar put pressure on the stocks of resources companies and those with offshore operations. The dollar stepped up over US 72 cents today, a six year high. The benchmark S&P/ASX ...

Telstra says no change to 2003-04 outlook

AAP  |  FRIDAY, 14 NOV 2003
Australia's biggest telecommunications company, Telstra Corp Ltd, reaffirmed its outlook for 2003/04 today, maintaining expectations of positive revenue growth. "After four months trading in the 2003/04 year, there is no change to our previous comments ...

Business lending may not match home loan slump: KPMG

AAP  |  THURSDAY, 13 NOV 2003
Banks could struggle to make up for a slowdown in mortgage growth by increasing loans to businesses, according to financial services group KPMG. Australia's big banks have pinned their hopes on an upswing in business lending to counter a slowdown in ...

Morning Market Wrap: Market opens low

In Sydney today, Westpac/Melbourne Institute will release its November consumer confidence survey while the Australian Bureau of Statistics' September quarter wage cost index and lending finance data are due. The Australian stock market dropped by nearly ...

Afternoon market wrap: Australian stocks close lower

WITH AAP  |  TUESDAY, 11 NOV 2003
AMP dropped another three per cent or 20 cents to $6.20 as NAB kept silent on its takeover intentions for the financial services group. Media stocks were also depressed, with News Corp sliding 46 cents to $12.63 and its preferred scrip losing 39 cents ...

Afternoon market wrap: Shares, bonds close down

The Australian sharemarket closed weaker today as blue chip stocks continued to absorb last week's news of an official rate hike. The benchmark S&P/ASX 200 index ended down 18.4 points at 3230.1 while the all ordinaries index fell 17.4 points to 3248.1. ...

Challenger, CPH to pay each other $100m under proposal

AAP  |  MONDAY, 10 NOV 2003
Kerry Packer's Challenger Financial Services Group and CPH Investment Corporation (CPHIC) will pay each other nearly $100 million, under a plan to "corporatise" Challenger and cut ties with CPH. Challenger will also sell its quarter stake in beauty ...

Midday market wrap: Shares, bonds both ease on stronger US data

The Australian share market opened in negative territory, following a fall in the United States market on Friday night. At early trade the benchmark S&P/ASX 200 index was 9.3 points weaker at 3239.2 while the all ordinaries index fell 7.6 points to ...