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Showing 11281 - 11290 of 21783 results for "Dec"

Not so durable

BENJAMIN ONG  |  FRIDAY, 29 JAN 2016
The drop (big time) in US durable goods orders - a leading indicator of business investment -- in December is raising doubts over the durability of the economy's expansion. To be sure, most economists were already expecting orders to take a hit after ...

Legg Mason makes three acquisitions

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
It is expected 2016 will see mergers and acquisitions intensify and global asset manager Legg Mason has already jumped on board, recently making three major announcements. From its Baltimore offices Legg Mason announced it will acquire a majority equity ...

Financial Standard appoints deputy editor

ALEX BURKE  |  THURSDAY, 28 JAN 2016
Financial Standard appoints Whitney Fitzsimmons, former host of ABC's Business Today and Lateline Business, as deputy editor. Fitzsimmons is one of the nation's most recognisable TV personalities, having spent over a decade at the ABC where for eight ...

Retail super portfolios dodge disclosure: ISA

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
Industry representative groups believe the federal government's draft on improved superannuation transparency does not go far enough, with at least $400 billion in retail fund assets escaping proposed disclosure requirements. In submissions to government ...

Telstra Super hunting new executive

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
Telstra Super is continuing its search for a new head of property and infrastructure following the departure of Greg Lee before Christmas. The $17 billion corporate superannuation fund accepted Lee's resignation effective 18 December 2015. A short statement ...

Cheers to unmet expectations

BENJAMIN ONG  |  THURSDAY, 28 JAN 2016
While fears of deflation continue to haunt Japan and the Eurozone, no-flation the United Kingdom, low-flation China, the latest update on Australian consumer prices shows that inflation here is under control. Headline CPI inflation accelerated to an ...

Future Fund puts in another strong year

MARK SMITH  |  WEDNESDAY, 27 JAN 2016
The Future Fund has grown has almost doubled its assets under management to $118.4 billion from the initial investment of $60.5 billion seeded by the government in 2006. In a portfolio update briefing, the sovereign wealth fund said it has been paring ...

Half of financial services to divest: EY

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
Fifty-six per cent of financial services companies expect to execute a divestment within the next two years and 43% are likely to divest this year according to an EY global survey. The survey of more than 1000 company executives also showed 53% of financial ...

NAB shareholders vote for UK exit

ALEX BURKE  |  WEDNESDAY, 27 JAN 2016
NAB shareholders have voted overwhelmingly in favour of the bank's demerger with Clydesdale in the UK. At the bank's scheme meeting today in Melbourne, NAB group chair Dr. Ken Henry explained the demerger would be structured with a new holding company ...

Down but upbeat

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2016
Thank heavens for 'Australia Day'! The holiday saved us, Australians all, from being whipsawed by the big swings in oil prices and on Wall Street. But there's even greater reason to remain optimistic - if not rejoice - for even before we downed our ...