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| | | Ord Minnett has acquired E.L. & C. Baillieu for an undisclosed amount in what it describes as "a highly welcomed strategic move". Announced yesterday, Ord Minnett said the acquisition will strengthen it as one of Australia's largest, independent private ... |
| | | | Pengana Capital will wind up an income-focused Australian equities fund, as it underperforms and the income opportunities in ASX stocks shrink. The Pengana Australian Equities Income Fund invested in 20 to 40 ASX-listed companies, with a focus on income. ... |
| | | | AMP Capital is delisting all of its ETFs after about four years on the ASX, following UBS Asset Management's move in March. The last trading day will be December 4, with final distributions from the wind up set for December 31. "...the decision ... |
| | | | Twitter chief executive Jack Dorsey has held onto his position after Elliot Management corporation raised concerns about his leadership earlier in the year. In a filing to the SEC, Twitter said an independent committee, in cooperation with Elliott Management ... |
| | | | "All around the limbo world Gonna do the limbo rock..." - Chubby Checker, Limbo Rock Australian equities and bond markets applauded after the Reserve Bank of Australia (RBA) didn't disappoint expectations, showing just how low it can go. The All ... |
| | | | The Australian Stock Exchange has pushed back the CHESS replacement date by another year to April 2023. The ASX announced it has increased the scope of the project as a result of COVID-19 following industry consultation. Many stakeholders the ASX consulted ... |
| | | | HUB24 announced a series of significant transactions, including plans to acquire Xplore Wealth and the sale of its financial advice business. Paying $60 million for Xplore, the platform provider said the proposed acquisition through a scheme of arrangement ... |
| | | | ... Resorts, the second-largest holding as at September 2020." The ratings house noted success in such investments depends on stock rerating on business or management reform, which is not a guarantee despite Skamvougeras's more activist approach in recent ... |
| | | | ... people who are trustees or managers of funds transacting huge sums of money during a defined period where it's known that the stock market may not have reached bottom, we have to concede that, but may have dropped considerably while they haven't revalued ... |
| | | | Tasmania has retained its status as having the best performing economy in Australia for the third consecutive quarter, CommSec research shows. In the stockbroker's latest State of the States report, the ACT economy has risen to second position, its ... |
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