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Showing 861 - 870 of 890 results for "Tower"

Midday market wrap: Westpac sell-off defies stronger sentiment

... strongly over the past week, suggesting that a degree of profit taking was underway. The other major banks all rose, while Tower made further progress on the long road back to credibility, rising by $0.05 to $1.44. All Ordinaries: 2996.60 (+0.00) Dow ...

Standard & Poors lowers Tower ratings

... insurer financial strength and long-term counterparty credit ratings on various Australian and New Zealand subsidiaries of Tower Ltd to BBB-plus from A-minus. It also has removed these ratings from CreditWatch. In addition, the BBB-minus long-term and ...

Morningstar downgrades Tower's business and management rating

Morningstar has decided to downgrade Tower's business and management strength rating from 'neutral' to 'negative' due to the uncertainties surrounding future earnings and strategy. And it has reconfirmed its rating of Tower's stability and probability ...

Midday market wrap: All Ordinaries rises, AMP falls

... Ordinaries moved 24.80 points higher by lunch in the slipstream of strong overnight gains on Wall Street. Under pressure Tower gained $0.06 to $1.43 as it announced a half-year loss of $136.95 million, slightly better than been foreshadowed last week ...

Tower announces half year loss of $136.95 million

Tower has announced a half year loss of NZ$154.4 million (A$136.95 million) and unveiled Guinness Peat Group as a "cornerstone" investor as part of a NZ$200 million capital raising. The capital raising is due to be completed, subject to shareholder ...

Afternoon market wrap: AMP continues to fall

... at 2976.10. All major the banks were stronger, led again by Westpac, which added $0.25 to its value to finish at $16.40. Tower finished at $1.34, up 4.7%. All Ordinaries: 2976.10 (+25.30) Dow Jones: 8781.35 (+179.97) NASDAQ: 1556.69 (+46.60) FTSE-100 ...

Morning market wrap: US shares fractionally higher

... the Dow Jones index up 7.36 points as few players were prepared to take a large position before the weekend. Domestically, Tower faces an important week. With half-year results due on Wednesday, the trans-Tasman financial services group will be hoping ...

Afternoon market wrap: Week starts in subdued fashion

... recorded fractional gains, with ANZ the only one to miss out. AMP also moved marginally higher, nudging up to $5.10. But Tower was again friendless in the market, losing another $0.02 to finish at $1.26. All Ordinaries: 2965.00 (-1.30) Dow Jones: 8601.38 ...

Midday market wrap: Shares drift lower

... to see any move to the upside, no matter how small. The stock was trading at $5.08 at lunch, a gain of $0.03. Under-fire Tower lost a further $0.01 to $1.27. All Ordinaries: 2961.50 (-4.80) Dow Jones: 8601.38 (+7.36) NASDAQ: 1510.09 (+2.54) FTSE-100 ...

Morning market wrap: Major indices all rise

... comments from US Federal Reserve chairman Alan Greenspan that were carefully supportive of an economic recovery. AMP and Tower shareholders will hoping that this firmer global sentiment filters down to boost their respective stocks, which have taken ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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