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Showing 821 - 830 of 16259 results for "Share"

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
... billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared a dividend of 26.4 cents per share, franked at 85%. Magellan executive chair Andrew Formica said the first half saw marked progress towards stabilisation as ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
Former Melbourne financial adviser Bradley Grimm will continue to serve his sentence after failing to have his dishonesty conviction and prison term overturned. Grimm pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Future Generation has appointed its first chief investment officer from Perpetual. The philanthropic investment group has appointed former Perpetual head of private wealth Lee Hopperton. Hopperton will advise Future Generation's Investment Committees ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... to 11.6% post-tax, exceeding targets. Challenger's board also declared a fully franked interim dividend of 14.5 cents per share - an increase of 12%. Challenger managing director and chief executive Nick Hamilton said the firm reported a "strong result" ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... infrastructure, research and education, hyperscale, and artificial intelligence. "Our increased holding in CDC through both this share purchase and the recent capital raising reflects our considered views on the investment environment and will help us ...

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... seriously is Trump's attitude to tariffs. A trade war would prove damaging for the economy and bad for business and share markets," he said.

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... release of the Bell Report by the NSW Independent Casino Commission. Star returned to the ASX around a month later and saw its share price plummet by close to 50%. The report found there were "governance and cultural concerns" plaguing the casino operator. ...

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... executive Alexis George has told Financial Standard that the company's 2024 financial year results were strong, despite its share price being caned since the announcement. George said that wealth business flows, excluding its bank, have continued ...