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Showing 1041 - 1050 of 1371 results for "Corporations"

Market Wrap - Morning

AAP  |  THURSDAY, 19 MAY 2011
... make sense of mixed earnings reports. Reports from Dell Inc and Staples Inc sent contrasting messages about how much corporations are spending. Dell jumped nearly six per cent after the computer maker reported late Tuesday that its income nearly tripled ...

Second Fincorp director not guilty

ELISE BURGESS  |  WEDNESDAY, 18 MAY 2011
... and others. The charge said Quigley's action was an abuse of his position as a company director an in breach of the Corporations Act. Just four weeks ago, former co-director, chief executive and chairman of Fincorp, Eric Krecichwost, was jailed for three ...

ASIC moves to protect OTC retail investors

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
... framework concerning the level of NTA held by issuers and a staged implementation process. "Currently, under the Corporations Act, Australian financial services licensees dealing in OTC derivatives are legally allowed to use client funds to hedge positions," ...

Unitholders ask ASIC/NSX to ban cap raising

ELISE BURGESS  |  MONDAY, 9 MAY 2011
... 27 per cent of all fund unitholders are part of, said they believe the planned capital raising is in breach of the Corporations Act, the Scheme Constitution, NSX Listing Rules and not in the interests of Unitholders. The raising, announced on May 6 by ...

Accountants attack planners over naming rights

ALISON BEVEGE  |  THURSDAY, 21 APR 2011
... National Institute of Accountants (NIA) fired the first shots yesterday, saying moves to control the term under the Corporations Act would lock other professionals out of providing financial advice. "(Its) nothing more than a cover to exclude other equally ...

ASIC silent on possible research probe

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
... roulette with our reputations and our futures," he said. "We can't rely on audited accounts, we can't rely on the corporations law, we can't rely on APRA, or ASIC and we certainly can't rely on research houses." Research firms Aegis Equities Research ...

Experts bullish on US despite debt gloom

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... through this," he said. "We go from prudent to not prudent, to over-extended and back to prudent." He also said US corporations had shed staff and cut wages drastically in the height of the crisis making them far more profitable. Caterpillar, Schlumberger ...

FPA calls for naming rights

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
... chairman Matthew Rowe told a room full of professionals gathered for a luncheon speech by the Minister that under the Corporations Act there was no constraint on people calling themselves financial planners irrespective of their training or competence ...

Investors in line for Fincorp payout

MATT WOODINGTON  |  THURSDAY, 24 MAR 2011
... 2007, and suffered loss or damage to be eligible. The proposed settlement scheme, pursued under a provision of the Corporations Act 2001, has a sliding scale of compensation, reflecting the strengths and weaknesses of different claims. "These laws mean ...

UBS wealth mgmt to review compliance

ELISE BURGESS  |  FRIDAY, 18 MAR 2011
... message to the market that ASIC expects advisers to have proper systems in place to comply with the provisions of the Corporations Act relating to Statements of Advice," said D'Aloisio. UBS WMA will now contact relevant clients to establish if any claims ...