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General

Market Wrap

In Sydney today, Australian stocks are likely to climb a little this morning after Federal Reserve Chairman Alan Greenspan overnight soothed US market fears of an imminent rate rise and offered an optimistic economic outlook.

ASIC says 22 companies didn't disclose directors options

Twenty-two Australian companies failed to reveal details of the share options they handed out to directors in their latest annual reports, Australia's corporate watchdog ASIC said today. The requirement applied to annual reports filed after June 30 last ...

Market Wrap

AAP  |  WEDNESDAY, 21 APR 2004
In Sydney today, Australian stocks are set to stumble after US markets dropped sharply overnight following comments from Federal Reserve chairman Alan Greenspan that were taken to imply that interest rates there could soon rise.

AMP shares rally on strong buyback response, debt paydown

AAP  |  WEDNESDAY, 21 APR 2004
Shares in AMP climbed 4% yesterday after the recovering financial services company said the completion of a near $1 billion buyback of income securities would help halve its debt.

Alinta completes rights issue

Alinta said it has successfully completed its $465 million Renounceable Rights Issue following an overnight book build to sell a residual of approximately 6.7 million non-subscribed rights.

Market Wrap

AAP  |  TUESDAY, 20 APR 2004
Technology shares climbed on Monday, snapping back from steep losses last week, but blue chips and the broad Standard & Poor's 500 index ended nearly unchanged as investors braced for more earnings news and fretted over the prospect of higher interest ...

News Corp appoints directors

AAP  |  MONDAY, 19 APR 2004
Media giant News Corporation Ltd has increased its number of directors to 14 in the wake of the proposed relocation to the United States.

Market Wrap

Australian stocks should gain ground after blue chips on Wall St posted modest gains on Friday night, while base metal prices ended higher on the London Metal Exchange.

Aust dlr begins week firm on back of $US weakness

AAP  |  MONDAY, 19 APR 2004
The Australian dollar began the week firmer after the United States dollar gave up recent gains following the release of weaker-than-expected US economic data.

NAB shares dive on earnings warning

AAP  |  FRIDAY, 16 APR 2004
Shares in National Australia Bank dived more than 2.5% when it warned its first half cash earnings would fall by as much as 5%.