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Showing 1711 - 1720 of 3268 results for "January 29"

Hunter Hall independent review rejects WHSP takeover

ALEX BURKE  |  THURSDAY, 2 FEB 2017
Hunter Hall's independent directors recommended that shareholders reject Washington H. Soul Pattinson and Company's takeover bid for the company, on the basis that it significantly undervalues shares. The review justified this recommendation saying ...

Super fund names new portfolio manager

DARREN SNYDER  |  WEDNESDAY, 1 FEB 2017
An industry superannuation fund is continuing its in-house investment capability, adding a portfolio manager to the internal equities team. Joining Cbus is Morten Frederiksen. He has more than 15 years' global equities and funds management experience ...

Heading the ECB's way

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
Growth and inflation in the Eurozone economy continue to head in the right direction. Preliminary estimates show that the region's GDP expanded by 0.5% in the fourth quarter, quicker than the third quarter's 0.4% pace and expectations for the same and ...

Sunrise sunset

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
Markets don't expect the Bank of Japan (BOJ) to alter monetary policy settings after it concludes its 30-31 January meeting. Just as well for indications remain ambivalent. Sunrise. Manufacturing activity expansion accelerates. The Nikkei Japan flash ...

Happy sentiment holding up

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
Economic, business and consumer confidence in the single currency area started the New Year where they left off - buoyant. The European Commission reports that economic sentiment in the Eurozone rose to a near sic-year high to 108.2 in January from ...

MLC shakes up retail leadership team

ALEX BURKE  |  MONDAY, 30 JAN 2017
MLC Life Insurance boosted its retail advised business with multiple key appointments. The new retail advised insurance leadership team comprises Russell Hannah as general manager, retail advised insurance sales; Adrienne Cochrane, who joined from AMP ...

One week delivery

BENJAMIN ONG  |  MONDAY, 30 JAN 2017
... apparent in Markit Economics' recent report that showed the US manufacturing PMI rose for a fourth straight month to 55.5 in January - the highest reading since March 2015. There's no update for the services sector yet but if the trade-exposed manufacturing ...

Adviser appeals ASIC ban

EMMA RAPAPORT, JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
A financial adviser who is under investigation by the FPA Conduct Review Commission has been banned by ASIC from providing financial services for five years. The regulator issued Darren Tindall of PWM Advice in Orange, NSW, with a banning order last ...

Shine, shine, shine, let it shine

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
Shine, shine, shine, let it shine Thank you strong US dollar. Just as the latest PMI updates for the US and the Eurozone, Japan's manufacturing sector started the New Year with a smile. The Nikkei Japan flash manufacturing PMI increased to 52.8 in January  ...

A minor slip but still going stronger

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
... dollar (weak euro) is doing it for the single currency area. Although down slightly to a preliminary estimate of 54.3 in January (from 54.4 in December), the Markit flash Eurozone composite output index is the second highest reading since December 2015 ...