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Showing 1021 - 1030 of 9948 results for "Stock"

Janus Henderson loses capital investment

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... offering any shares, nor will it receive any proceeds from the sale but intends to repurchase up to US$230 million of the stock. Despite the sale, both parties have entered into a new strategic agreement as Janus Henderson currently manages US$10.4 billion ...

Fund manager expands, hires two executives

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
A boutique fund manager is ramping up its expansion strategy with two executive hires who will lead distribution and asset management efforts respectively. Holon Global Investments has appointed Rory Scott as head of asset management and Peter Titley ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
... in February and March. The group's more proactive production restraint looks set to hasten a drawdown in the global stock surplus that got underway in earnest during 3Q20. Assuming OPEC+ achieves 100% compliance with the latest agreement, global ...

What to expect from February reporting season

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
On February 18, ASX-listed companies with a combined market cap of over $400 billion will release their results and sell-side analysts at Morgan Stanley are bullish. Morgan Stanley analysts recently upgraded their target for ASX200 from 6700 points ...

Euroz expecting spike in NPAT

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
The West Australian diversified financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
Wall Street's down. Repeat, Wall Street's down! The CBOE VIX index - the fear gauge - jumped by 9.5% in the last trading day of the first month of 2021 to 33.09 points, marking the highest since the renewed COVID-19 outbreak in Europe that subsequently ...

You can't hate Trump but love the S&P 500: Research

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... weightings. Using that approach, we estimate that a $10,000 investment into IVV would effectively buy about $3800 dollars-worth of stock in Republican companies," Goods Unite Us' chief executive officer Abigail Wuest said in an emailed statement. ...

Ord Minnett expands footprint

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
In its next phase of growth, the wealth management group has opened the doors to its new office in Tasmania which will offer full-service stockbroking and financial planning. The office is led by senior investment adviser and branch manager Luke Rybarczyk ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... WallStreetBets, are reportedly targeting hedge fund Melvin Capital Management for putting a hefty short position on the stock and leaving a paper trail in doing so. As a result, it has been reported that Melvin received a US$2 billion bail out to cover ...

Market rotation signals win for value: Maple-Brown Abbott

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
The emerging market rotation from growth to value signals a trend which may see valuations adjust significantly in 2021, according to Maple-Brown Abbott. Head of Australian equities Dougal Maple-Brown said the market is at the beginning of a new cycle ...