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Showing 2951 - 2960 of 12584 results for "Company"

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... ensure their members can retain jobs. "The super funds in this country have $3 trillion worth of assets, and here we have a company that needs capital and its workers have been paying into industry funds," Morrison said. "I appreciate that comes with ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... billion across active and indexed strategies, while iShares ETFs still attracted US$13.8 billion net in the quarter. The company's total operating expenses for the March quarter were about US$3 billion up from US$2.4 billion for December quarter. It ...

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
... representing a compound annual growth rate of about 18.5% over 20 years." This is mostly thanks to global biotechnology company CSL, which recently unseated the Commonwealth Bank as Australia's largest company by market cap. "Because of its size ...

Telstra issues 10-year bond

ALLY SELBY  |  FRIDAY, 17 APR 2020
... in bank facilities, and Telstra now has a total of $3.6 billion of committed bank facilities," the telecommunications company said. "The bank facilities and the company's latest bond issue are both well below Telstra's current average cost of funds." ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
... his firm's international fund has more net exposure to China than any other country. "This includes parcel delivery company, ZTO, diesel engine maker Weichai Power, branded sportswear company Anta Sports, as well as better known companies such as ...

COVID-19 could end Centrelink stigma

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... founder of ClaimRight William Johns is deeply familiar with Centrelink. ClaimRight is a claims administration technology company that is designed to streamline Centrelink and NDIS claims. He hopes a silver lining from the economic havoc COVID-19 has ...

Financial services exec embroiled in bribery scheme

ALLY SELBY  |  THURSDAY, 16 APR 2020
... contract to build the power plant in violation with the Foreign Corrupt Practices Act. On behalf of the Turkish energy company, Berko funnelled at least US$2.5 million to a Ghana-based intermediary to pay the bribes to the country's government. The SEC ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... stocks on price to earnings ratios of more than 30, and some of those will be more severely impacted by the pandemic than a company like Alphabet, which is on around 25 times earnings." Despite this, Walker is still long on quality growth stocks, and ...

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
Global consulting firm McKinsey & Company has issued a new report on how the COVID-19 pandemic will impact wealth management in the Asia Pacific region, including what might happen if the virus continues to spread. "Past epidemic crises have had sharp ...

GAM cuts jobs, reviews pay

JAMIE WILLIAMSON  |  WEDNESDAY, 15 APR 2020
... is minimised during the difficult COVID-19 environment," GAM said. The manager will also continue to align bonuses to company performance and investment teams will continue to benefit from existing contractual compensation arrangements, GAM said. GAM ...