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| | | ... the fund on 'fund watch' the equivalent of a hold rating. Lin Ngin, senior investment analyst, said Lonsec had given the company until April 28 to come up with a replacement. "We gave them a deadline," he said. "If we don't see positives then, we'll ... |
| | | | ... head of superannuation for State Street Global Services in Australia. Cheever will be responsible for implementing the company's strategy to increase its footprint in the superannuation market. He played a key role in earning a long-term mandate from ... |
| | | | The $1.2 billion merger between TOWER Australia and Dai-ichi Life Insurance Company (Dai-ichi Life) continues after Financial Services Agency of Japan (FSA) gives the green light. The FSA has now approved the proposed acquisition of the remaining shares ... |
| | | | ... contracts traded. Wealth Within analyst Janine Cox said investors were sitting on the sidelines amid a lack of strong company news and choppy US data. At 1206 AEST, the major banks were mixed, with Commonwealth up one cent at $52.23, ANZ up four cents ... |
| | | | ... among the 119 stocks traded. Fletcher Building lifted 6c early, but was down a cent at 918 by the end of the session. The company's stock price has fallen back from a three-year high of 953 early this week. Tourism Holdings closed up 10c at 70 and traded ... |
| | | | ... $47.55, while Rio Tinto had backpedalled 44 cents to $84.68. Rio Tinto chairman Jan du Plessis told shareholders at the company's annual general meeting in London overnight that world markets remained fragile, despite many economies having recovered ... |
| | | | ... worst-performing stock on the S&P/ASX50, falling 13.1 per cent, by $3.70, to $24.60, trading at levels not seen since July 2009. The company entered a trading halt last week, before announcing on Monday it expected to post a full year loss in 2010/11 ... |
| | | | ... compete against the Australian stock exchange as an alternative share trading service, has chosen US-based IT infrastructure company Equinix to provide its primary data centre in Sydney. The would-be market exchange said Equinix would provide the data ... |
| | | | ... Arabianbusiness.com quoting Matthew Simmons -- chairman and founder of specialised energy investment banking firm, Simmons & Company International - saying that he sees oil at US$378 a barrel. I highlighted on this space back then The Economist magazine's ... |
| | | | ... (S&P), said the firm's investment process was solid. "It's well-suited to a small cap investment mandate with a focus on company contacts and company visits," he said. "This is a new operation and Glennon has plenty of experience in the small cap sector ... |
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