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  • Axiss Australia: Finance Education And Training Programs Launched In Western Australia

    Date 27/06/2003

    Two finance education programs designed to promote excellence in financial literacy and encourage careers in the financial services industry will be introduced to students, teachers and corporates in Western Australia.

  • ASX: Latest Survey Results From Towers Perrin - The Investment Sector Performance Report - Listed Investments Provide Best Returns

    Date 27/06/2003

    Listed Property Trusts and Australian shares have performed slightly better than residential investment property investments over the last ten years on an after-tax basis, the latest Towers Perrin survey has found. The results, released by ASX today, also revealed that listed property provided nominal returns of between 10.7% and 8.5% per annum and Australian shares between 10.5% and 8.3% per annum, depending on marginal tax brackets. Residential investment property also performed well with

  • Stockholmsbörsen: More Stringent Requirements For Listing Of Companies

    Date 26/06/2003

    As of July 1, Stockholmsbörsen will further sharpen the requirements for the listing of new companies. In formal terms, the new listing requirements will also apply to companies that are already listed on Stockholmsbörsen. The new regulations include: A legal examination prior to listing: An information policy covering the disclosure of information to the stock market A minimum share price ahead of listing Special training for the board of directors, senior executive

  • Standard & Poor's Announces Changes In S&P Canadian Indices

    Date 26/06/2003

    Standard & Poor's wishes to announce the following changes: On June 26, 2003, the shareholders of Bonavista Petroleum Ltd. (TSX:BNP) approved a plan of arrangement whereby the company would be divided into an income trust, Bonavista Energy Trust (TSX:BNP.UN), and an exploration company named NuVista Energy Ltd. After the close of trading on Friday, June 27, 2003, Bonavista Petroleum Ltd. will be removed from the S&P/TSX Composite, S&P/TSX Capped Composite, S&P/TSX MidCap, S&P/TSX Cap

  • SEC Sues Nathan A. Chapman, Jr., His Companies, And Others For Fraud In The Initial Public Offering Of eChapman.com, Inc.

    Date 26/06/2003

    The Securities and Exchange Commission today filed securities fraud charges against Nathan A. Chapman, Jr., three of his companies and three of his associates in connection with the June 2000 initial public offering of - and subsequent secondary market trading in - the common stock of eChapman.com, Inc (now eChapman, Inc., or ECMN). The Commission's lawsuit, filed today in the United States District Court in Baltimore, seeks antifraud injunctions, civil money penalties, disgorgement of ill-gotte

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