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Showing 851 - 860 of 890 results for "Tower"

Tower looking to make interest payments on capital bonds, despite losses

Tower Group announced today in its 2003 financial report that despite a $154.4 million loss for the half-year to March 31 2003, the company intends to make interest payments on the capital bonds. The company's chairman Olaf O'Duill said that the financial ...

Growth funds record highest returns (5.8%) since December 2001: InTech survey

... both returning 1.8%. While no managers produced a negative return, fund managers at the bottom of the list for May were Tower, Portfolio Partners and Maple-Brown Abbot, all recording 0.5% returns. At the top of the list for the financial year in terms ...

Morningstar reconfirms Tower's one star rating

Morningstar has announced that Tower - comprising Tower Australia Ltd, Tower Australian Superannuation Ltd and Tower Managed Funds Ltd - will remain in the 'very poor quality' fund manager category and retain its one star performance rating. A more ...

Westpac Office Trust consolidates Sydney office tower construction projects

Leighton Properties has commenced work on two office towers as part of Westpac Office Trust's latest ambitious investment offering, Westpac has announced. Westpac established the Trust in March to acquire the Sydney site, and plans to consolidate its ...

Tower to refinance senior debt following S&P downgrade

The Tower board has decided to fully refinance its entire existing senior debt facilities comprising NZ$110 million (A$100 million) floating rate notes and NZ$190 million (A$170 million) syndicated bank facility, it has announced. This refinancing will ...

Afternoon market wrap: Shares run out of steam

... of steam somewhat in the afternoon session, eroding gains earlier in the day. AMP finished at $4.91, a fall of $0.07, but Tower and Promina both eked out slight gains. The four major banks were all stronger. In percentage terms ANZ was the strongest ...

Midday market wrap: National falls by 3%

... fall in National share prices, pushing the stock down to $32.85. The other major banks also fell, but only marginally. AMP, Tower and Promina also suffered slight losses. All Ordinaries: 3004.40 (-3.60) Dow Jones: 9041.30 (+2.32) NASDAQ: 1646.01 (+11.36) ...

Tower converts to multi-manager Australian equities approach

Tower Asset Management has implemented a new multi-manager approach for Australian equities for Tower Australia, it has announced. "This announcement represents a major shift in approach for investment products offered by Tower," the company said. "We ...

Afternoon market wrap: Shares run out of steam

... as its recent move to the upside came to a shuddering halt. The other three major banks eked out minor gains, as did AMP, Tower and Promina. All Ordinaries: 3008.00 (+11.40) Dow Jones: 9038.98 (+116.03) NASDAQ: 1634.65 (+31.09) FTSE-100: 4126.60 (+10.90) ...

Tower accepted $1.35 on fears of 'catastrophic' share price fall

Tower chairman Olaf O'Duill has revealed that the fear of a 'catastrophic' fall in the company's share price persuaded its board to accept the security of a fully underwritten offer of $1.35 per share from Guinness Peat Group even though the market ...