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| | | ... chairman Frank Lowy, bought a 5.78% stake last week, according to documents lodged with the Australian Stock Exchange. "It's pretty much risen on the back of that," one broker said as Challenger shares rose three cents or 6.5% to 48.5 cents, the highest ... |
| | | | ... confirmed talks were "proceeding", although he downplayed their importance. "These talks are proceeding, but let's say pretty slowly," Mr Murdoch said. "Sorry to be vague about it, but it is a vague picture at the moment." Asked about his comment last ... |
| | | | The Reserve Bank of Australia's decision to leave rates unchanged today was largely expected by the market and pretty clear cut, economists said today. At 0930 AEST the RBA announced it would leave rates at 5.25%, following its board meeting yesterday. ... |
| | | | ... up early signs of a slowing housing sector and a strong Aussie dollar against what they see in the near term, which is pretty high domestic inflation, emerging wage issues and a still pretty strong global economy," he said. He said he expected another ... |
| | | | ... "Right now, they're inefficient because they're vertically integrated banks and we make everything four times, which is pretty dumb," he said. "So what we want to do is keep the brands and keep the flavour but only make the product once... so there is ... |
| | | | ... the cash it was a very strong market and we really didn't push it," director Kevin Eley said. "We stopped the roadshows pretty early - we were only going to raise $150 million and ended up raising $200 million, so it was a pretty good job. "The market ... |
| | | | ... their actions," he said. "(Investors) see merit in supporting Joy Buckland because she brings a realistic perspective to a pretty narrowly interested group of directors at ANZ." The ANZ is opposed to Ms Buckland's candidacy, and is supporting Mr Goode ... |
| | | | ... percentage points to 5.25 per cent, the second rate rise in as many months. Analysts said the second rate cut had been pretty much factored into the local market and now that it had happened, the market was moving forward a bit. Paterson Ord Minnett ... |
| | | | ... "The banks are stronger again," said Wilson HTM senior private client adviser Angus Bligh. "Really the second rate cut was pretty much factored in and now that it has happened, the market is moving forward a bit. "So all the banks are up today, particularly ... |
| | | | ... strategist Stephen Halmarick said the Australian dollar bounced from $US0.7300 to 0.7316 at 0933 AEDT. "The increase was pretty much as expected and factored into markets and the Aussie dollar was up sharply overnight," he said. The local unit hit a ... |
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