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Showing 981 - 990 of 2019 results for "BID"

Market Wrap PM

AAP  |  WEDNESDAY, 6 MAY 2015
... cent during the March quarter while comparable sales were up just 0.7 per cent. The retail giant is also axing 400 jobs in a bid to save $500 million in costs. Internet provider iiNet recommended that shareholders accept a takeover bid from TPG Telecom ...

Henderson launches dividend-seeker fund

LAURA MILLAN  |  MONDAY, 4 MAY 2015
... Henderson's global equity income team, led by head of global equity income Alex Crooke, and it excludes Australian stocks in a bid to maximise diversification for Australian investors. The fund will typically invest in 50 to 80 companies that have the ...

Market wrap

AAP  |  FRIDAY, 1 MAY 2015
... 2%, to $8.76 a day after iiNet gave it until Tuesday to up its $1.4 billion takeover offer following a $1.6 billion rival bid from M2.

Magellan ups cash weighting to 15%

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Magellan Asset Management has increased the cash weighting in its Global Equity Strategy from 10% to 15% in a bid to hedge the portfolio from an impending rise in US interest rates. Douglass argued that there is a "Great Disagreement" as to where the ...

Market wrap

AAP  |  THURSDAY, 30 APR 2015
... or 1.44%, at $8.88 after iiNet gave it until Tuesday to up its $1.4 billion takeover offer following a $1.6 billion rival bid from M2. As for the miners, BHP Billiton was flat at $32.04, Rio Tinto had lost 93 cents to $56.78 and Fortescue Metals had ...

A$ at 80c

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2015
... most aggressive easing tool since it launched a massive stimulus plan in 2008 to counter the global financial crisis, in a bid to help one of the government's most important economic-rescue initiatives get off the ground". Citing unidentified officials ...

Market wrap

AAP  |  TUESDAY, 28 APR 2015
The share market has retreated from the 6,000 point mark following a weak lead from Wall Street. Australia's big banks and miners are down, a day after the local market reached a two-week high. Australian Stock Report head of research Chris Conway said ...

Market wrap

AAP  |  MONDAY, 27 APR 2015
... McCarthy said the market also appeared to taking the view that it was now "game on" for iiNet, with the stock trading above bid prices. Internet service provider iiNet was $1.05, or 12%, higher at $9.70 after rival M2 Group put forward a takeover offer ...

Market wrap

AAP  |  WEDNESDAY, 15 APR 2015
... Gold and copper miner PanAust was steady at $1.74 after it rejected a state-owned Chinese company's $1.1 billion takeover bid. The energy sector rose following a rise in crude oil prices for the fourth straight session. Woodside Petroleum lifted 35 cents ...

Funds wrestling with liquidity problem

MARK SMITH  |  TUESDAY, 7 APR 2015
... of the sovereign wealth fund referenced an opinion piece in the AFR which said the IFM Global Infrastructure Fund's winning bid of $7.45 billion to purchase the Indiana Toll Road may have exceeded the next highest bid by $1 billion. "Institutions know ...