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Showing 1591 - 1600 of 1948 results for "Proposal"

IOOF and AWM merger set to go

COMPANY RELEASE  |  THURSDAY, 23 APR 2009
Australian Wealth Management Limited (AWM) shareholders have approved a proposal for the company's merger with IOOF Holdings Ltd (IOOF) - with an overwhelming 99.7 per cent of the votes cast in favour of the merger. While the merger remains conditional ...

Cutting SG a disaster: Keating

RUTH LIEW  |  THURSDAY, 16 APR 2009
... take-home pay so it could act as a de facto economic stimulus payment. To compensate for the lost contributions, Gruen's proposal included provision for SG to begin rising to 12 per cent as soon as the economy recovered. But Keating told the annual Securitor ...

Barclays sells iShares

MICHAEL HOBBS  |  TUESDAY, 14 APR 2009
Barclays has sold the firm's exchange traded fund (ETF) iShares business to Blue Sparkle, a partnership established by CVC Capital Partners, for just over $6 billion. Net proceeds from the transaction will be retained by Barclays to enhance the firm's ...

Bonus hocus pocus

BENJAMIN ONG  |  MONDAY, 30 MAR 2009
... salaries by as much as 70 percent following the takeover earlier this year of Merrill Lynch & Co., people familiar with the proposal said.' "The concepts we are considering would not increase total compensation," Brian Moynihan, Bank of America's president ...

MSCI Barra ups liquidity reviews

MICHAEL HOBBS  |  MONDAY, 23 MAR 2009
MSCI Barra is proposing to review liquidity across MSCI Global Investable Market Index constituents across developed and emerging markets on a quarterly basis instead of half yearly as part of the firm's plan to deal with the credit crisis. In addition ...

Pay to perform

MICHELLE BALTAZAR  |  THURSDAY, 19 MAR 2009
... their report, which not only proposed reforms on termination payments but also on share reward schemes. Central to their proposal is the proper alignment of executive pay with long-term shareholder returns and risk. "This is not about getting a one-size-fits-all ...

ASIC seeks Storm liquidation

PRESS RELEASE  |  THURSDAY, 19 MAR 2009
... their website. This application follows the Storm Financial's former directors, Emmanuel and Julie Cassimatis, posting a proposal for a Deed of Company Arrangement (DOCA) to be voted on at the creditors meeting on their website. The deed outlines how ...

Seize the pay

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
The days when executives get rewards-for-failure could soon be over if legislators back radical remuneration reforms proposed by a governance expert, which includes capping 'golden parachutes' and issuing share options that can only be cashed out after ...

Babcock & Brown folds

MICHELLE BALTAZAR  |  FRIDAY, 13 MAR 2009
... potentially better result for all investors in the company's securities," it said in the ASX statement. However, the debt proposal was made as the shares plummeted to around 30 cents compared to $8 mid-last year and more than $35 at their peak. Meanwhile ...

Sherry attacks Hockey on super policy

MICHAEL HOBBS  |  MONDAY, 23 FEB 2009
... uncosted and job-killing mess" of a superannuation policy. Prior to Hockey's appointment, the Opposition announced a proposal to pay a portion of superannuation guarantee obligations for small business for a certain period of time. The government assessed ...