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Advance Auto Parts Inc. (AAP)

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Analysis - Latest Articles
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Instablogs
  • Demographics, Innovation Should Drive Skyworks Solutions' Revenues Ever Higher
    Fri November 13, 2009 • Beacon Asset Managers • Comment!
  • CDTV.net Stock Market News and Dividend Report for Thursday Sep 24, 2009
    Thu September 24, 2009 • John Hanna • Comment!
  • Genuine Parts: Great Way to Play Economic Recovery
    Mon September 21, 2009 • Clumsy Rick • Comment!
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Market Currents
  • Thursday 17:21 pm The failure of AMP to buy Axa Asia Pacific (AAP) may have turned Australia's second-biggest asset manager from predator to prey. Australia's big four banks are barred from merging with each other, so they're eyeing the country's $1.3T in managed funds. Asked if they were interested in bidding for AMP, the CEO for the "logical" buyer - Alex Thursby of ANZ Bank - said "No. We are a bank." Comment!
  • Thursday 09:25 am National Australia Bank made a surprise A$13.3B ($12B) bid for Axa Asia Pacific (AAP), trumping a joint bid from AMP Ltd. and AAP parent AXA (AXA), and winning approval from the wealth manager's board. The deal is conditional on Axa's agreement to buy AAP's units in eight Asian countries, giving France's largest insurer full control of its Asia operations - where wealth is growing faster than in any other region. 1 Comment
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