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

General

Midday market wrap: Air New Zealand falls after profit warning

Air New Zealand’s woes continued in the morning session. The carrier has been struggling since the ACCC/Commerce Commission came out against its proposed alliance with Qantas, and it lost a further $0.02 following another downward revision to its earnings ...

AMP reviews diversified funds benchmarks

AMP Henderson Global Investors has announced a review of its diversified funds benchmarks, slightly reducing its exposure to international shares while simultaneously increasing its exposure to direct property...

Air New Zealand reduces earnings estimate, cancels services

Air New Zealand has announced a further downward revision to its earnings estimate for the financial year ending 2003, reducing it to NZ$200 million (A$180.95 million)...

AMP to set up new utilities fund following Aquila acquisition

AMP Henderson Global Investors  (AMPH) is to establish a new ‘AMP Henderson Utilities Fund’ following a joint proposal with Alinta Gas to acquire United Energy...

ING moves for US-based Delta Capital Management

ING is reportedly set to acquire US-based Delta Capital Management for an undisclosed fee...

Morning market wrap: Dow Jones up on positive earnings

The Dow Jones jumped 156.09 points overnight as positive corporate earnings encouraged investors following a muted start to the week...

HIP gets replacement for ipac

The Health Industry Plan (HIP) superannuation fund has replaced ipac Investment Services with JANA Investment Advisers as its asset consultant, it has announced...

March quarter records highest price rises since 1995: ABS

The Australian Bureau of Statistics (ABS) today announced that the Consumer Price Index (CPI) had risen by 1.3 per cent for the March quarter 2003, up from 0.7%...

Dutch adviser arrested on SMSF charge

The Australian Securities and Investments Commission (ASIC) announced today that Piet Walters, a Dutch citizen also known as Fred Hofman, was arrested...

IWL secures 84.3% of Sanford and extends offer deadline

InvestorWeb Limited (IWL) has announced that it has secured 84.3 per cent of Sanford Limited and further extended the offer period to Sanford shareholders to May 1...