Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

General

IAG expects above 12% insurance margins ahead

AAP  |  THURSDAY, 19 AUG 2004
Insurance Australia Group (IAG) expects to sustain an insurance margin above 12%, today unveiling a bumper net profit enhanced by huge returns on its sharemarket investments.

Market wrap

AAP  |  THURSDAY, 19 AUG 2004
The Australian stock market is likely to open firmer as a strong lead from the United States and the continuation of the earnings season sets a positive tone for the bourse.

AMP sees further capital returns to shareholders

AAP  |  WEDNESDAY, 18 AUG 2004
Funds management and insurance company AMP today foreshadowed further capital returns to shareholders after reporting a better than expected first half profit.

Investor Group books yr net profit of $7.79 mln, up 59%

AAP  |  WEDNESDAY, 18 AUG 2004
Financial services and accountancy company Investor Group has delivered a record net profit for 2003/04, driven by solid organic growth, margin improvement and a strong turnaround in its financial services division.

Market wrap

AAP  |  WEDNESDAY, 18 AUG 2004
The Australian stock market is likely to open slightly firmer in early trade, although the tone for the local bourse is likely to be set by domestic factors.

US: American venture capitalists eye Australia and NZ

AAP  |  TUESDAY, 17 AUG 2004
Big-spending American venture capital firms will eye 60 Australian and New Zealand companies for investment potential at a conference in California\'s Silicon Valley in October.

Insurers expected to report big profits this week

AAP  |  TUESDAY, 17 AUG 2004
The weather and the financial environment have been kind to insurance companies in 2004 but the market wants to see just how kind when heavyweight insurers AMP, Insurance Australia Group (IAG) and QBE insurance unveil profits this week.

Macquarie Leisure yr profit boosted by home of Big Brother

AAP  |  TUESDAY, 17 AUG 2004
Macquarie Leisure Trust Group, manager of the Dreamworld theme park on the Gold Coast, on Monday said annual net profit had jumped 51%, helped by strong earnings from the home of Big Brother.

Market wrap

AAP  |  TUESDAY, 17 AUG 2004
The Australian stock market is likely to open firmer as a rebound in US and European equities lays the foundation for solid gains on the day.

Market wrap

AAP  |  MONDAY, 16 AUG 2004
The Australian stock market is likely to open firmer as a slight gain from the US market and an expected raft of company reports this week should combine to lift the local bourse.