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core assets

Sigma chairman resigns

Thu 20/05/10 - 02:15:56 vs6
More changes among top management are underway at Sigma Pharmaceuticals Ltd, with the retirement of chairman John Stocker and non-executive director Doug Curlewis . The pharmaceuticals maker and distributor says Dr Stocker and Mr Curlewis will retire from the board after the
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Tags : au.biz.yahoo.com, retirement benefit plan, core assets, annual general meeting, sound operations, retirement benefits, performance rights, inventory levels, executive chairman, executive directors, top management, stock, retirement, pharmaceuticals, assets

UK lender RBS to sell French unit to GE Capital

Wed 19/05/10 - 09:35:47 vs6
Click to enlarge photo LONDON (AFP) - State-controlled lender Royal Bank of Scotland said on Tuesday that it will sell its French factoring division to GE Capital , the financial services wing of US giant General Electric. "The Royal Bank of Scotland Group plc has
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Tags : au.biz.yahoo.com, global financial crisis, core assets, core division, market volume, regulatory approval, term commitment, strategic plan, TER, europe, Euro, assets

Suncorp boss says core business is sound - Yahoo!7 Finance News

Wed 25/11/09 - 02:44:41 vs6
Tuesday November 24, 2009, 5:48 pm Suncorp-Metway Ltd group chief executive Patrick Snowball says the company's underlying banking business is sound, with declining bad and doubtful debt charges and healthy deposit growth. Mr Snowball on Tuesday talked up the "excellent...
Tags : au.biz.yahoo.com, no doubt, assets, group chief executive, medium sized businesses, core bank, core assets, core operation, regional banks, good shape, conservative approach, government approval, building societies, personal banking, title.core business, core business, financial markets, accumulation

Telstra reaffirms its full year guidance

Wed 28/10/09 - 12:16:08 vs6
Wednesday October 28, 2009, 1:49 pm Telstra Corporation Ltd has reaffirmed its full year financial guidance of low, single-digit revenue growth. Chief executive David Thodey also said his strategy would not lead to a fundamental change in Telstra's direction, but recent...
Tags : au.biz.yahoo.com, Media, ebitda, EBITD, EBIT, regulatory settings, overseas subsidiaries, core assets, financial guidance, broadband products, shareholder value, player services, line telephony, customer applications, technology upgrades, fundamental change, retail market, home phones, regulatory issues

Telstra on track, no change in direction, says CEO David Thodey | Business Breaking News | News.com.au

Wed 28/10/09 - 12:10:59 vs6
Chief executive David Thodey also said his strategy would not lead to a fundamental change in Telstra's direction, but recent investments in technology upgrades would be used to improve customer service, expand into developing and adjacent businesses, and offer online customer...
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Tags : news.com.au, Media, ebitda, EBITD, EBIT, title.CEO, regulatory settings, overseas subsidiaries, core assets, shareholder value, player services, institutional investor, line telephony, customer applications, technology upgrades, digit growth, amortisation, fundamental change

ConsMedia cashed up, debt free, says executive chairman John Alexander | Business Breaking News | News.com.au

Wed 28/10/09 - 12:09:19 vs6
Mr Alexander says CMH is an "excellent opportunity for shareholders to gain exposure to the high growth subscription television sector". "Following the divestiture of our non-core assets this year, we are cashed up, debt free and have investments in two of Australia's best media assets,"...
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Tags : news.com.au, SEEK, title.Media, Media, Hold, EEK, 12 months, media assets, core assets, annual general meeting, share register, cash position, divestiture, tv provider, management structure

Mirvac posts $1.08b loss

Tue 25/08/09 - 10:38:14 CFDmarket
Property giant Mirvac Group has posted a $1.08 billion loss for the year to June but forecast an improvement in operating earnings for 2009/10.
Tags : global financial crisis, core assets, property assets, core projects, investment division, economic position, property developer, operating profit, devaluation, capital gain, financial instruments, term strategy, investment properties, good reason, home buyers

Mirvac posts $1.08b loss

Tue 25/08/09 - 10:38:14 CFDmarket
Property giant Mirvac Group has posted a $1.08 billion loss for the year to June but forecast an improvement in operating earnings for 2009/10.
Tags : global financial crisis, core assets, property assets, core projects, investment division, economic position, property developer, operating profit, devaluation, capital gain, financial instruments, term strategy, investment properties, good reason, home buyers

QBE buys Elders' insurance business

Fri 31/07/09 - 11:10:26 CFDmarket
QBE Insurance Group Ltd bought the insurance business and anequity stake in rural services provider Elders Ltd for $315 million in the biggest local purchase by Australia's largest insurer in four years.
Tags : qbe, core assets, insurance underwriting, rural services, regional cities, seven cents, insurance business, trading halt, agency business, regulatory approval, insurance coverage, strategic alliance, insurer

No end in sight for AIG payback saga

Thu 16/07/09 - 01:44:12 CFDglobal
Lead bidder for one of AIG's asset management units pulls out of negotiations, just the latest in a series of bumps in the road to paying back taxpayers.
Tags : investment valuations, core assets, survival strategy, federal loans, management units, calling into question, asset sales, bailout, insurer, snag, top dollar, setback, bidders, 10 months, billions of dollars, news reports

Rio Tinto offloads Alcan unit for $1.2 bln

Tue 07/07/09 - 09:52:39 CFDmarket
Mining giant Rio Tinto has announced the 1.2 billion US dollar sale of Alcan's American food packaging arm to US firm Bemis as it offloads assets to pay off its big debts.
Tags : BHP, commodities prices, core assets, dollar cash, asset portfolio, financial environment, generating sales, asset sales, debt burden, regulatory approval, iron ore, chief financial officer

Mirvac seeks to raise $1.1 b in equity

Thu 04/06/09 - 11:25:34 CFDglobal
Property company Mirvac Group says it will undertake an equity raising of up to $1.1 billion to accelerate the implementation of its simplified business strategy.
Tags : investment earnings, residential developers, core assets, institutional placement, retail component, core projects, intangible assets, unsold inventory, residential developments, carrying value, scale projects, property portfolio, residential development, investment properties, liquidity, balance sheet, 1 billion, proceeds

Australian shares slide on bad loan, profit worries

Tue 21/04/09 - 11:35:44 CFDmarket
- Australian stocks fell 2.6 percent on Tuesday, led down by banks and miners, on fresh concerns about the earnings outlook for domestic companies and a potential surge in sour loans for banks.
Tags : gold mining companies, estate investment trust, top five banks, core assets, liquor sales, trading halt, holiday resorts

Australian shares slide on bad loan, profit worries

Tue 21/04/09 - 11:24:18 CFDmarket
Australian stocks fell 2.6 percent on Tuesday, led down by banks and miners, on fresh concerns about the earnings outlook for domestic companies and a potential surge in sour loans for banks.
Tags : gold mining companies, estate investment trust, top five banks, core assets, liquor sales, trading halt, holiday resorts

Rio's Chinese sales pitch not a home run

Fri 13/02/09 - 02:26:28 Trader
It all depends on the Federal Government approving the deal, but Rio Tinto and its Chinese partner Chinalco are promoting Rio's asset sale and bonds issue as a way of saving 2,000 Australian jobs and boosting the flagging economy.
Tags : commodity boom, paul skinner, aluminium producer, bhp billiton, RIO Tinto, flagging economy, core assets, tom albanese, record profits, crown jewels, chinese partner, partner country, outgoing chairman, chairman paul, term gain, comprehensive solution