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Showing 9271 - 9280 of 9326 results for "Red"

Midday market wrap: AMP leads index lower

The All Ordinaries index was down 4.10 points in trading by lunch as AMP shares fell 2.5% to $5.17, a loss. Promina shares also fell, slipping 0.5% or $0.01 to $1.95. National Australia Bank's shares rose 0.8% or $0.25 to $31.55 after a half year profit ...

Economists welcome Government "backflip" on CGS

The Government's decision to end the uncertainty surrounding the future of the Commonwealth Government bond market has received a guarded welcome from economists. "The Government has done a complete back flip on this one," said Financial Standard chief ...

National takes $205 million hit on wealth management business

The National Australia Bank (NAB) has announced a net profit of $1.87 billion for the six months ended 31 March, a fall of 17%, as the company reduced the value of its wealth management business by $205 million. Managing director and chief executive ...

Morning market wrap: US shares run out of steam

US shares retreated in the wake of a terrorist attack in Saudi Arabia, indicating that investors were still sensitive to headlines unrelated to US financial or economic performance. Domestically, last night's Federal Budget and the surprise release ...

Trustees and managers must take active role in governance: ALP

Shadow Minister for Finance, Small Business and Financial Services Senator Stephen Conroy has again called upon institutional investors take a greater role in ensuring that the companies they invest in are well governed. "For Labor, corporate governance ...

Morningstar downgrades AMP international equities on staff fears

Morningstar has downgraded embattled AMP's forward-looking rating for its management of international equities from 'positive' to 'neutral' in the wake of the company's geographic-based demerger. The rating house focused much of its attention on AMP's ...

Hedge funds trail broader indices in April: Hennessee

Hedge funds returned 3.04 per cent in April according to the Hennessee Hedge Fund Index, well below the S&P 500 (8.30%) and the Dow Jones (6.11%) indices, Hennessee said today. "The market may be on the verge of a momentum breakout but fundamentals ...

Financial planners get chance to turn tables on media

Financial planners will be given a chance to turn the tables on the media by rating the industry's publications and the journalists who write them, Adviser Rating's David Child told the Financial Standard today. Child said that he is conducting a survey ...

Victorian unfunded super liabilities blow out to $13.6 billion

Unfunded superannuation liabilities in Victoria are expected to rise to $13.6 billion at June 30 2003, an increase of $256 million over the June 30 2002 figure, Victorian State Treasurer John Brumby said today. The increase in the liability is largely ...

Tough markets to increase Deakin losses by 50%

Deakin Financial Services has adjusted its loss projections for the year ending June 2003 from $1.2 million to $1.8 million due to a combination of global uncertainty, the general downturn in capital markets and the poor publicity the financial services ...