ASX worst week in 6 months; AMP surges
ASX clocks worst week in 6 months amid a rout in US tech giants after they reported earnings; AMP jumps on takeover news.
ASX clocks worst week in 6 months amid a rout in US tech giants after they reported earnings; AMP jumps on takeover news.
An executive at Sigma is accused of selling shares before the company ended its wholesale contract with Chemist Warehouse.
Investors need to think fast as the recession offers rare takeover opportunities to overseas predators.
Shares in AMP soared after the beleaguered financial services giant revealed a US company had made a multi-billion dollar takeover bid.
As the Ares bid breaks cover, many are tipping that AMP is a prize destined to be shared.
US private equity firm Ares Management is in talks to buy AMP, amid ‘significant interest’ in the $4.48bn wealth manager’s assets.
Labor lacks the vision and strategy to take Queensland forward. Five years is enough; it does not deserve nine years.
The world’s towering pile of debt will grow even higher in the wake of the pandemic, but will not topple over, at least not in the coming two years, Standard & Poor’s says.
LVMH to pay $US131.50 a share for the U.S. jewelry maker, saving it roughly $US430 million.
California-based private equity firm Ares Management said to be in talks to buy wealth manager AMP, as the ASX fell as much as 1.9pc to a fresh 3-week low.
The race for market share is about to heat up among Australia’s lenders as low interest rates and sluggish credit growth crimp margins.
While AT&T, T-Mobile and Verizon all use Apple’s high-speed cellular capabilities to promote their networks, their pitches differ.
Australia’s share market drifted sideways before turning down decisively as US stock index futures faded after early gains.
Buy now pay later turns out to be Australia’s innovative new global industry.
Shopping centre landlord Vicinity Centres is understood to be the latest property group that is looking to compete for AMP’s real estate platform.
Pumped-up valuations across the booming gold space are a hefty and all but prohibitive impediment to mergers.
The ACCC has revived an old favourite with its case against a supplier accused of trying to dictate the price of bike products.
It was thought that Ramsay Health Care and Morrison were the two strongest contenders to buy the operation.
A joyous painting by Brett Whiteley was sold in Sydney on Tuesday night for more than $1.6m in what is becoming a successful auction format.
The ASX closed up 1pc, clocking its best seven-day winning streak since 2009.
Original URL: https://www.theaustralian.com.au/topics/amp-limited/page/3