ASX:SUN

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ASX:SUN

Suncorp FY profit slumps 42%

24 Aug 2011 - Suncorp Group Ltd's (ASX:SUN) full year net profit slumps 42 per cent, weighed down by claims and re-insurance costs arising from natural disasters.

Stock Watch - 03/08/11

Investment advisor Gary Glover takes a technical look at Dow Jones, CRB Futures, All Ords, S&P/ ASX200 Financials, BHP, FMG, CSL, SUN.

Market Wrap: Aus shares drop

01 Jul 2011 - Aus shares drop. Suncorp (ASX:SUN) says its satisfied with the outcome of recent reinsurance negotiations, given the number of natural disasters since 2010.

Midday: Shares drop

06 Jun 2011 - Shares drop at midday. Aquila Resources Limited (ASX:AQA) says it hasn't yet resolved an ongoing dispute with Brazil's Vale.

Market Wrap: Aus shares in the red

03 Jun 2011 - Aus shares in the red. Leighton Holdings’ Limited (ASX:LEI) former long-standing chief executive, Wal King, will not be returning to the board.

Suncorp bold new targets

30 May 2011 - Suncorp's (ASX:SUN) CEO, Patrick Snowball, has told investors today that he expects significantly big growth targets to be reached by the insurance company over the n…

Market Wrap: Aus shares trim week's losses

27 May 2011 - Aus shares trim week's losses. Australia’s big four banks gear up to cut wholesale term debt borrowings to levels not seen since the GFC.

Market Wrap: Aus shares fall sharply

12 May 2011 - Aus shares fall sharply. Qantas Airways Ltd (ASX:QAN) engineers have called off industrial action planned for Friday.

Suncorp says credit quality stable

12 May 2011 - Despite floods and storms, Suncorp Group (ASX:SUN) says its credit quality remained "relatively stable" during the first three months of this year.

The Trust Company improves FY profit

20 Apr 2011 - The Trust Company Ltd (ASX:TRU) says its annual profit improved 4 per cent to $11.3 million in the 12 months to 28 February 2011.

Trust Company acquires NZ Guardian Trust

15 Mar 2011 - The Trust Company Ltd (ASX:TRU) completes its $31.6 million purchase of The New Zealand Guardian Trust Company from Suncorp-Metway Ltd (ASX:SUN).

Midday: Aus shares slightly lower

23 Feb 2011 - Aus shares slightly lower. Insurance Australia Group Ltd (ASX:IAG) says its reinsurance cover means $40 million is the maximum it will incur as a result of the Christ…

Floods to cost insurers $2.5 billion

18 Feb 2011 - Suncorp Group (ASX:SUN) chief executive Patrick Snowball says the recent floods and cyclone will cost the insurance sector $2.5 billion in claims.

Suncorp fronts Senate inquiry

10 Feb 2011 - Suncorp Group Ltd (ASX:SUN) chief executive David Foster has told a Senate inquiry that less banking competition has lifted funding costs for smaller lenders.

Market Wrap: Aus shares close higher

02 Feb 2011 - Aus shares close higher. Suncorp Group Ltd (ASX:SUN) expects the net claims costs which will arise from Cyclone Yasi to be capped at $10 million.

Market Wrap: Investors ponder impact of QLD floods

14 Jan 2011 - Investors ponder impact of QLD floods. ANZ Banking Group (ASX:ANZ) is among the big banks forced to close branches and suspend ATM services in flood ravaged Queensla…

Suncorp earnings forecast downgraded

14 Jan 2011 - Suncorp Group (ASX:SUN) full year earnings forecasts have been downgraded 11% by Credit Suisse.

Market Wrap: Shares close flat, buoyed by Telstra

11 Jan 2011 - Shares close flat, buoyed by Telstra. Coal producer New Hope Corporation Ltd (ASX:NHC) has suspended all operations at its coal mines in Queensland.

Analysts warn Suncorp profit to shed 10%

06 Jan 2011 - Analysts predict the floods in Queensland could shed 10 per cent off Suncorp Group’s Ltd (ASX:SUN) 2011 earnings.

The Trust Company to buy NZ Guardian Trust

17 Dec 2010 - The Trust Company Ltd (ASX:TRU) inks a deal to buy The NZ Guardian Trust Company Ltd from Suncorp-Metway Ltd (ASX:SUN) for $32 million.

Suncorp shareholders approve restructure

16 Dec 2010 - Suncorp-Metway Ltd's (ASX:SUN) shareholders have approved company plans to simplify its complex and unwieldy corporate structure.

Outlook: Australian shares to open stronger

03 Dec 2010 - Australian shares to open stronger. Suncorp-Metway Ltd's (ASX:SUN) proposed business restructure has received regulatory approval from the Australian Prudential Regul…

Suncorp makes changes to loan criteria

25 Nov 2010 - Suncorp Metway Ltd (ASX:SUN) has made changes to its loan criteria and borrower assessments in a bid to comply with new consumer laws.

Market Wrap: Aus shares open strong but close flat

16 Nov 2010 - Aus shares open strong but close flat. AWB Ltd (ASX:AWB) shareholders have overwhelmingly supported the proposed takeover by Canadian agricultural company Agrium Inc.

Suncorp sells Tyndall to Nikko Asset Management

16 Nov 2010 - Suncorp-Metway Ltd (ASX:SUN) has divested its wealth management arm, Tyndall Investments, to Japanese fund manager Nikko Asset Management for $128.5 million.