AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
AMP BOOKS AUSTRALIA'S 2ND-BIGGEST CORPORATE LOSS.
SYDNEY, March 4 Asia Pulse - AMP Ltd (ASX:AMP) today booked Australia's second biggest corporate loss.
Writedowns and costs from spinning off its British operations have left the group $A5.542 billion ($US4.15 billion) in the red in 2003.
The loss for AMP, which demerged its struggling United Kingdom business HHG Plc in December last year, compared to a million loss in 2002.
The insurance and financial services company's net profit after tax and before other items for the year to December 31, 2003 was $619 million for the demerged AMP.
That compared to $257 million profit in the previous corresponding period, excluding HHG plc.
- A streamlined HHG now ripe for plucking.(HHG PLC)(Brief Article)
- News wire article from: Australasian Business Intelligence Turnbull, Jeff Neufeld, Sonya March 23, 2005 700+ words
...Mail - ABIX via COMTEX) UK-based and Australian-listed HHG Plc has announced a net profit of Stg38m ($A91m) for calendar...Life Company Investor Group. Publication Date: 24 March 2005 HHG PLC - ASX HHG: AMP LIMITED - ASX AMP: LIFE COMPANY INVESTOR GROUP...
- SHARES IN HHG PLC JUMP AFTER CONFIRMING POSSIBLE TAKEOVER BID.
- News wire article from: AsiaPulse News February 4, 2005 700+ words
SYDNEY, Feb 4 Asia Pulse - Shares in HHG plc (ASX:HHG) shot up more than four per cent in early trades after the UK-based financial services group confirmed it had received...
- HHG makes steady progress.(HHG PLC)(Brief Article)
- News wire article from: Australasian Business Intelligence Wright, Chris March 23, 2005 700+ words
...profitable, on the back of rising sharemarkets and revenues from products such as hedge funds. Publication Date: 24 March 2005 HHG PLC - ASX HHG: AMP LIMITED - ASX AMP: HENDERSON GLOBAL INVESTORS LIMITED By Chris Wright All copyright subsisting under the Copyright...
- BRITISH INSURER, FUNDS MANAGER HHG PLC MAKES STRONG ASX DEBUT.
- News wire article from: AsiaPulse News December 23, 2003 700+ words
SYDNEY, Dec 23 Asia Pulse - Shares in troubled British life insurer and funds manager HHG plc (ASX:HHG) made a strong debut on the Australian Stock Market today after being spun off from AMP Ltd (ASX:AMP). HHG...
- Bad advice costs HHG $100m.(HHG PLC)(Brief Article)
- News wire article from: Australasian Business Intelligence Murray, Lisa March 24, 2005 700+ words
...Investors and Towry Law. On 23 March 2005, shares in HHG dipped by $A0.05 to $A1.50. Publication Date: 24 March 2005 HHG PLC - ASX HHG: HENDERSON GLOBAL INVESTORS LIMITED: AMP LIMITED - ASX AMP: TOWRY LAW PLC: WILSON HTM LIMITED: PERPETUAL TRUSTEES...
- Approach puts AMP spin-off HHG in play.(HHG PLC's merging)(Brief Article)
- News wire article from: Australasian Business Intelligence Oldfield, Stewart February 6, 2005 700+ words
...2005, the scrip closed at $A1.69, compared with the $A0.91-a-share debut price. Publication Date: 5 February 2005 HHG PLC - ASX HHG: AMP LIMITED - ASX AMP: LIFE COMPANY INVESTOR GROUP LIMITED: PORTFOLIO PARTNERS LIMITED: RESOLUTION LIFE GROUP...
- HHG to fully acquire investment arm.(HHG PLC)(Brief Article)
- Magazine article from: Financial Adviser April 8, 2004 700+ words
PEARL Assurance is set to sell its 24 per cent stake in HHG Invest, the investment group that controls Henderson Global Investors. The stake will be bought by HHG, after the group announced the placing of 246m new ordinary shares by UBS and Cazenove. Prices have been set at 48p per share and the
- Life office goes to pub investors.(HHG PLC announced that it will be renamed...
- Magazine article from: Financial Adviser December 16, 2004 700+ words
HHG has sold its life office arm Life Services to a private equity company best known for investing in pub chains. HHG's closed UK life funds -- including Pearl, NPI, National Provident Life and London Life -- have been bought for AGBP1.025bn by Sun Capital Partners, an investment company