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Showing 71 - 80 of 109 results for "Conglomerate"

Market Wrap - Morning

AAP  |  FRIDAY, 27 MAR 2009
... share prices closed 3.57 per cent higher on Thursday, boosted by Chinese banks and better-than-expected results from conglomerate Hutchison Whampoa. The benchmark Hang Seng Index closed up 486.87 points at 14,108.98. WELLINGTON - Telecom's spat with ...

Market wrap - morning

AAP  |  FRIDAY, 13 MAR 2009
... General Electric Co's credit rating. Standard & Poor's lowered GE's top rating one notch because of problems at the conglomerate's lending arm, but indicated it was not eying another downgrade. Many investors had expected deeper cuts for GE, the oldest ...

JV moves Invesco into China PE

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
... Huaneng Group's development in the energy industry and accelerate the growth of our business into a flagship industrial conglomerate." The joint venture heralds the expansion of Invesco's alternative investment ability in China. The firm manages more ...

We need a fairness test: ASIC

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
... conglomerates that have both product manufacturing and distribution arms. "One of the issues at the moment is large conglomerate financial organisations that have product making and distribution all in the one shop, but they brand the distribution arms ...

Westpac and St.George outline merger terms

RUTH LIEW  |  TUESDAY, 13 MAY 2008
... platform provider Asgard. The merger will also create a shakeup in the "Big Four" makeup of Australian banks, as the conglomerate will hold the title of largest bank by market capitalisation at approximately $66 billion on a pro forma basis. The merged ...

St George and Westpac to merge

RUTH LIEW  |  MONDAY, 12 MAY 2008
... $72 billion and 16.7 per cent market share. Adding the St.George wealth platforms would propel a Westpac/St.George conglomerate to number one with $86 billion and 20.1 per cent of the market. "From an adviser group point of view, a merger in this area ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 MAY 2008
... Seng Index closed up 0.30 per cent, or 78.18 points, at 26,262.13, led by a 3.32 per cent gain in ports-to-telecoms conglomerate Hutchison and a 1.41 per cent rise in China Mobile. WELLINGTON - The sharemarket ended down 0.8 per cent today, giving up ...

Market Wrap - Morning

AAP  |  MONDAY, 14 APR 2008
... or 2.61 per cent, at 2,290.24. LONDON - Britain's top share index fell for the fourth straight session, after US conglomerate General Electric posted weaker quarterly results, adding to recession fears. The FTSE 100 closed down 69.6 points at 5,895.5 ...

New additions to Austock team

RUTH LIEW  |  WEDNESDAY, 6 FEB 2008
Listed financial services firm Austock Group has recruited two new members to boost its equity team within its investment management division, Austock Asset Management. Stuart Larke, a former director and research analyst for Goldman Sachs JB Were has ...

Olympus and Contango explore India

RUTH LIEW  |  THURSDAY, 24 JAN 2008
... has risen from 94.3c to $1.47 by the end of last year. Olympus also possesses ties with Indian financial services conglomerate Kotak Mahindra, and together with Kotak plans to pave the way for Australian investors interested in capitalising on investment ...