News Archive
2009
- December [1]
2008
2007
- March [1]
2005
2003
2002
2001
- December [1]
- November [1]
- October [1]
- September [3]
- June [3]
- May [3]
- April [1]
- March [2]
- February [1]
- January [2]
2000
- December [1]
- November [2]
- September [2]
- August [3]
- July [1]
- June [7]
- May [2]
- April [4]
- March [3]
- February [2]
1999
Qbe Insurance
Newcastle Herald
Thursday February 1, 2001
QBE is changing its year end from June to December. The company is due to announce on March 14 its result for the December six months. Deutsche Bank has reduced its forecast for net profit by 26% to $96million, largely because of investment market movements over the period. `Capital losses of around 2% ... are expected from the equities portfolio, reflecting weak equity markets, partly offset by currency gains,' Deutsche said. The firm's fundamental valuation remains unchanged at $8.30 a share, while it has given QBE a 12-month target of $8.70.
© 2001 Newcastle Herald