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Showing 1281 - 1290 of 1948 results for "Proposal"

Mariner launches Austock takeover bid

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
... now, according to yesterday's statement. The offer announced is 10.5 cents a share, subject to a 50% acceptance of the proposal, which would value Austock at more than $14 million. The stock was quickly overbid following yesterday's announcement, with ...

AEI shareholders fight off board changes

BEN COLLINS  |  FRIDAY, 22 JUN 2012
Australian Ethical Investment Limited shareholders have voted to reject all resolutions put to a general meeting called by a small group of shareholders who attempted to gain control of the board. Financial Standard understands the flashpoint was caused ...

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Federal government plans to raise the tax rate on managed investment schemes have been delayed after the proposal was pulled from a bill before parliament yesterday. The measure proposed to double the rate from 7.5% to 15%, forcing assistant treasurer ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 JUN 2012
... faster jobs growth, Bloomberg reports. Stocks also gained after the European Central Bank backed a bank deposit guarantee proposal. In local economic news on Wednesday, the Westpac/Melbourne Institute Survey of Consumer Sentiment is due out. No major ...

PM rejects lifting retirement age to 70

ALEX DUNNIN  |  FRIDAY, 8 JUN 2012
... chief executive of the National Seniors lobby group, Mike O'Neil, was more forthcoming is his outright rejection of any proposal to lift the retirement age higher. He labelled the idea ridiculous and out of touch with reality because older Australians ...

MLC model shows social benefit of Budget

MELANIE TIMBRELL  |  TUESDAY, 5 JUN 2012
Impending tax and superannuation changes will benefit the majority of Australian workers, according to MLC, which has conducted modelling showing the impact on a range of salary brackets. "If we assume all proposals become legislated, our analysis shows ...

Shareholder backlash hits Macquarie MGU

MELANIE TIMBRELL  |  TUESDAY, 5 JUN 2012
... In MGU's letter to stockholders dated May 18, 2012, Western claims, "The Board criticized [sic] Western Investment's proposal that the Fund reduce its persistent and excessive NAV discount by conducting tender offers or open-market share repurchases. ...

Eurozone to craft a reforms roadmap

BEN COLLINS  |  MONDAY, 4 JUN 2012
The heads of four key European institutions are hammering out a 'masterplan' to lead the eurozone out of its crisis, according to recent reports. European Central Bank chief Mario Draghi, European Union president Herman Van Rompuy, EU Commission head ...

APRA releases final form prudential standards

LINDA HAUSKEN  |  FRIDAY, 1 JUN 2012
The Australian Prudential Regulation Authority has released a set of prudential standards in final form, and a response paper as part of its review of capital standards for general and life insurers. The aims of Australian Prudential Regulation Authority's ...

UK longevity insurance on the rise

LINDA HAUSKEN  |  MONDAY, 28 MAY 2012