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RESEND Australian funds were biggest sellers of MightyRiverPower

RESEND Australian funds were biggest sellers of MightyRiverPower

(Fixes garble in 10th paragraph reference to dividend yield) July 17 (BusinessDesk) – Australian funds were among the biggest sellers of MightyRiverPower as its shares sank to a post-float low last month, though the exit may been more to do with a slump in their home market tha...

17 Jul 2013
RESEND Australian funds were biggest sellers of MightyRiverPower

RESEND Australian funds were biggest sellers of MightyRiverPower

(Fixes garble in 10th paragraph reference to dividend yield) July 17 (BusinessDesk) – Australian funds were among the biggest sellers of MightyRiverPower as its shares sank to a post-float low last month, though the exit may been more to do with a slump in their home market than...

17 Jul 2013
Tower’s licensing talks with RBNZ may push up minimum solvency requirements

Tower’s licensing talks with RBNZ may push up minimum solvency requirements

July 17 (BusinessDesk) - Tower, which has hived off its health insurance and investment units, is in talks with the Reserve Bank over proposed conditions as part of its licence and may have to lift its minimum solvency requirements. The Auckland-based insurer has a provisional...

16 Jul 2013