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General

Australian merger and acquisitions activity soars in 2003

Australian mergers and acquisitions activity soared  in value by 42.42% to $13.45 billion during the first quarter of 2003, up from $9.45 billion in the same period last year...

Morning market wrap: US shares end losing streak

The four-day run of losses in the US came to an end as the Dow Jones rose by 77.73 points to finish at 8069.86 as the market continued to be driven by news headlines...

Campbell sees greater protective role for CFOs

An important role of the modern Chief Financial Officer (CFO) in corporate life is to rein in overly aggressive, high risk Chief Executive Officers...

InvestorWeb talks up Sanford bid ahead of Friday expiry

InvestorWeb (IWL) has launched a last ditch appeal to Sanford shareholders to accept its $0.19 per share offer, but it appears to be falling on deaf ears...

Life ban upheld for former Feldworth investment adviser

The Administrative Appeals Tribunal (AAT) has upheld the permanent ban of Hans Felden, formerly of Feldworth Financial Services, from acting as an investment adviser or securities dealer...

Macquarie buys CFS Industrial Property Trust for $500 million

Macquarie Goodman has announced the $500 million acquisition of the Colonial First State Industrial Property Trust (CIT) from the Commonwealth Property Office Fund (CPA)...

ASIC launches online managed fund calculator

The Australian Securities and Investments Commission (ASIC) today launched an online calculator to help consumers estimate how fees will affect...

Afternoon market wrap: All Ordinaries runs out of steam

The All Ordinaries index was pegged back in afternoon trade as the market gave up most of the morning session’s gains...

Super returns heading for second miserable year: Rainmaker

Superannuation members should not only prepare for a second consecutive year of negative returns, but also brace themselves for an even worse year than 2001-2002...

Midday market wrap: All Ordinaries gains ground

The All Ordinaries index rose in morning trading, buoyed by the overnight gains on Wall Street...