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General

AMP shares to open higher on suspected takeover bid

Shares of besieged insurer AMP surged 23% to $4.99 in early New Zealand trade...

Morning market wrap: Local shares to get boost from raid on AMP

While broader US equity market indexes ended the overnight session flat, the Australian market is set to get a boost following the launch of suspected takeover activity against AMP...

Afternoon market wrap: Local shares finish strongly

The Australian share market sustained early gains, driven by continued strong earnings reports and speculation the NAB is keen to continuing building a stake in AMP.

Controversial Gunns timber company in healthy profits announcement

Controversial timber company Gunns Limited has today announced that it had recorded another successful year, increasing profits by 39 per cent to $74 million...

AMP believe NAB share purchase endorses demerger

AMP Limited Chief Executive Officer Andrew Mohl has today responded to the announcement that National Australia Bank (NAB) had acquired 34.3 million AMP shares...

Morningstar's take on NAB's purchase of AMP shares

In an exclusive interview with the Financial Standard, Morningstar have reacted to the National Australia Bank’s bid for AMP shares by saying that it was unclear...

NAB declares interest in AMP

AMP shares were trading at $6.27 this afternoon, a three-month high, following confirmation today the National Australia Bank is building a strategic stake in the troubled insurer.

Former WA directors banned by ASIC

The Australian Securities and Investments Commission (ASIC) has banned Alwyn Robert Healy and Richard Douglas Wheeler, of Wanneroo WA, from managing any company for five years...

JFG appoints new institutional business development manager

The James Fielding Group (JFG) has appointed Karsten Simpson as an institutional business development manager...

Balance of payments deficit widens during the June quarter

The Australian Bureau of Statistics (ABS) has announced today that the balance on current account deficit has increased by 24 per cent to $12.69 billion...