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Showing 8831 - 8840 of 11519 results for "DIV"

MLC stars in NAB $4.2bn profit

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
NAB's acquisition of Aviva, double digit insurance premiums growth and improved investment markets have helped MLC and NAB Wealth become key contributors to the bank's $4.2 billion net profit this year. NAB announced this morning a 19.3 per cent increase ...

Takeover will not affect client funds: Perpetual

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
Kohlberg Kravis Roberts' bid for Perpetual only involves shares in Perpetual Limited - and does not give the private equity firm access to client funds, the chairman of the committee overseeing the takeover deal told investors. "I would like to stress ...

Rare opportunities in US real estate

JOHN MCDULING  |  WEDNESDAY, 27 OCT 2010
Australian super funds could be missing out on a once in a lifetime opportunity to add attractively priced, high yielding US property to their portfolios. So says Sentinel Real Estate Corporation, which has approximately US$4.5 billion in US property ...

Political heat rising on ASX takeover

JOHN MCDULING  |  TUESDAY, 26 OCT 2010
Politicians from both sides of the aisle have reacted cautiously to the Singapore Exchange's (SGX) takeover bid for the ASX. In a note to clients, JPMorgan analyst Russell Gill said he believed it would be difficult for the government to reject the ...

Industry could face another inquiry

RUTH LIEW  |  TUESDAY, 26 OCT 2010
Shadow Treasurer Joe Hockey has called for an in-depth review of the Australian financial system and competition among the big four banks - a move that could trigger another inquiry involving Australia's trillion dollar superannuation industry. Media ...

AFA promotes female advisers

MICHELLE BALTAZAR  |  TUESDAY, 26 OCT 2010
The Association of Financial Advisers (AFA) is addressing gender diversity in financial planning by launching an award dedicated to outstanding female financial advisers. The first AFA Female Adviser of the Year will be awarded at the 2011 conference ...

Singapore makes $8.4bn grab for ASX

JOHN MCDULING  |  MONDAY, 25 OCT 2010
The Singapore stock exchange, SGX, has made an $8.4 billion bid for the ASX - a move that could see Australia's major exchange become a mere divisional office to Singapore's, if the deal receives regulatory approval. Australian Securities Exchange shareholders ...

Perpetual rejects KKR, open to better offer

JOHN MCDULING  |  MONDAY, 25 OCT 2010
Perpetual has rejected Kohlberg Kravis Roberts' (KKR) takeover proposal, but has left the door firmly ajar for an improved offer. "The board considers that the proposed price in the range of $38 - $40 per share does not reflect Perpetual's value," the ...

Perpetual Private Wealth targets growth

RUTH LIEW  |  FRIDAY, 22 OCT 2010
Perpetual Private Wealth is aiming for year-on-year double digit growth in profits and revenue, and is planning to make further acquisitions, said Geoff Lloyd, Perpetual group executive of private wealth. Lloyd said the firm had set an ambitious growth ...

Mixed results for US industry giants

JOHN MCDULING  |  THURSDAY, 21 OCT 2010
Despite strong results on face value, US investors were largely unimpressed with the third quarter earnings reported by some of the industry's leading lights overnight. BlackRock, the world's largest fund manager, reported higher than expected profits ...