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Macquarie Group Ltd (MQG.AX)

MQG.AX on Australia Stock Exchange

93.00AUD
28 Apr 2017
Change (% chg)

$0.72 (+0.78%)
Prev Close
$92.28
Open
$92.50
Day's High
$93.17
Day's Low
$92.12
Volume
2,950,701
Avg. Vol
879,838
52-wk High
$93.17
52-wk Low
$61.05

Latest Key Developments (Source: Significant Developments)

California Resources Corp, Macquarie announce JV
Wednesday, 19 Apr 2017 07:00am EDT 

April 19 (Reuters) - California Resources Corp :California resources corporation and macquarie announce joint venture to invest up to $300 million in oil & gas properties.California resources corp - mira has committed to fund $160 million for development of oil and gas properties in california.California resources corp - mira will fund 100 percent of development wells in which it will earn a 90 percent working interest.California resources corp - crc's working interest will revert from 10 to 75 percent upon mira achieving an agreed return.  Full Article

Central Petroleum recommends improved Macquarie proposal
Thursday, 9 Mar 2017 06:16pm EST 

Central Petroleum Ltd : CTP board unanimously recommends improved Macquarie proposal .Macquarie MPVD'S revised proposal is to offer for each share in Central cash consideration of $0.20 plus a Contingent Value Note.  Full Article

Macquarie Group says MBL allocated US dollar hybrid capital
Wednesday, 1 Mar 2017 05:47pm EST 

Macquarie Group Ltd : Mbl has allocated USD 750 million of Macquarie additional capital securities to wholesale investors .MACS will pay a fixed coupon of 6.125% per annum until first reset date in March 2027..  Full Article

EU approves DONG's acquisition of Taiwan offshore wind farm
Wednesday, 1 Mar 2017 07:06am EST 

The European Commission in Daily newsletter : Says clears acquisition of Formosa 1 wind farm project offshore Taiwan by DONG Energy , Macquarie and Swancor <3708.TW> . Says the proposed transaction would raise no competition concerns as the geographical area where the wind farm will operate is in Taiwan . In January, Dong agreed to buy 35 percent of Taiwanese offshore windfarm project Formosa from local developer Swancor Renewable for an undisclosed amount [nC7N1AJ01R] Further company coverage: [DENERG.CO] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 55;)).  Full Article

Macquarie Group says FY17 result to be in line with FY16
Monday, 6 Feb 2017 04:37pm EST 

Macquarie Group Ltd : Asx alert-2017 macquarie group operational briefing media release-mqg.ax . Continues to expect FY17 result for group to be broadly in line with FY16 . Expects year ending 31 March 2017 (FY17) combined net profit contribution from operating groups to be broadly in line with year ended 31 March 2016 . FY17 tax rate is currently expected to be broadly in line with fy16 . FY bank CET1 ratio 10.5% .Group's short-term outlook remains subject to a range of challenges including market conditions, impact of foreign exchange.  Full Article

Macquarie Group updates on FY17 outlook
Wednesday, 27 Jul 2016 06:24pm EDT 

Macquarie Group Ltd : Macquarie Group 2016 agm media release . Continue to expect FY 2017 result for the group to be broadly in line with FY 2016 . Group capital surplus of $A3.5 billion at 30 June 2016 . FY 2017 tax rate is currently expected to be broadly in line with FY 2016 . For the period end the bank group APRA Basel III common equity tier 1 capital ratio was 10.3 per cent . Expects FY 2017 combined net profit contribution from operating groups to be broadly in line with FY 2016 .  Full Article

UK's CMA says not to refer Motorola-Airwave deal to phase 2 investigation
Friday, 1 Jul 2016 07:18am EDT 

Competition And Markets Authority(CMA):Has decided not to refer following Motorola Solutions acquisition of Airwave Solutions Limited to a phase 2 investigation.  Full Article

UK's regulator revokes initial enforcement order on Motorola-Airwave deal
Thursday, 9 Jun 2016 09:05am EDT 

UK's Competition and Markets Authority: UK's CMA says revoked initial enforcement order regarding completed acquisition by Motorola Solutions Inc Of Airwave Solutions Limited (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

Macquarie Group announces appointment of chairman
Thursday, 31 Mar 2016 08:42pm EDT 

Macquarie Group:Peter Warne appointed as chairman of Macquarie Group and Macquarie Bank.Peter warne succeeds Kevin Mccann Am as chairman of Macquarie Group and Macquarie Bank.  Full Article

Macquarie Group Ltd to pay $7.4 mln in Puda Coal settlement - Reuters
Sunday, 18 Oct 2015 08:00pm EDT 

Macquarie Group Ltd:A unit of Australia's Macquarie Group has agreed to pay $7.4 million to settle shareholder allegations that it underwrote a securities offering for Puda Coal without disclosing that the Chinese mining company was an empty shell - RTRS.Filed in 2011, the securities fraud lawsuit said Macquarie Capital USA helped sell $108 mln of shares for then-New York Stock Exchange-listed Puda Coal in 2010 - RTRS.while knowing that the company's main coal business had been transferred to its chairman and then sold or pledged as collateral to an investment fund - RTRS.The lawsuit said Macquarie received an investigative report revealing the transfer of the coal business six days before the 2010 offering but did not act on it - RTRS.The preliminary settlement was disclosed in a court filing on Monday and must be approved by a Manhattan federal judge. The underwriters denied all charges of wrongdoing, the filing said - RTRS.The settlement is the latest legal fallout for Macquarie over its underwriting for Puda. In March, Macquarie agreed to pay $15 million to settle U.S. Securities and Exchange Commission charges that it misled investors about the 2010 offering - RTRS.Puda's shares collapsed in 2012 after a research report disclosed the transfer of Puda's 90 percent stake in its main asset, Shanxi Coal. Puda's shares have been delisted and the company is no longer in business - RTRS.  Full Article

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