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Showing 3091 - 3100 of 4839 results for "EAC"

EQT urges The Trust Company to avoid "fruitless" efforts

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
Equity Trustees (EQT) has urged The Trust Company board to give reassurance that it would consider recommending the EQT offer of acquisition to its shareholders in order to avoid "an unnecessary and fruitless exercise for all concerned." EQT complained ...

SFG to look at WHK acquisition after reporting season

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
SFG Australia will revisit a WHK Group acquisition after reporting season, even though it withdrew an initial proposal on May 2013. A SFGA spokesperson told Financial Standard that the company has not completely lost interest on a potential WHK merger ...

CBA in talks to hand over management of three funds

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
Commonwealth Bank has submitted proposals to the boards of two trusts allowing it to relinquish its funds management responsibility. CBA confirms it has submitted indicative, non-binding proposals to the Commonwealth Managed Investments Limited (CMIL) ...

Nothing below seven percent

BENJAMIN ONG  |  WEDNESDAY, 24 JUL 2013
Move on people, nothing to see here. Wall Street's up - or down - depending on which index you follow. Not surprisingly, Bloomberg's gone with the one that sells more eyeballs - the bad news that is. "S&P 500 Falls as Investors Weigh Earnings, Fed Stimulus". ...

'Business as usual' for Perennial despite legal bid

MARK SMITH  |  TUESDAY, 23 JUL 2013
Fund manager Perennial has said its 'business as usual' despite a failed bid for $35 million in unpaid fees by three former directors. Executives Mike Crivelli, Anthony Patterson, John Murray and Kerry Series originally sold their 21.85% stake in Perennial ...

Trust Company still recommending Perpetual proposal

LAURA MILLAN  |  TUESDAY, 23 JUL 2013
The Trust Company continues to recommend the Perpetual proposal to acquire the 100% of its shares after independent expert Ernst & Young analysed the synergies of a potential merger with Equity Trustees (EQT). The board of The Trust Company said it ...

The game markets play

BENJAMIN ONG  |  MONDAY, 22 JUL 2013
"Your love keeps lifting me higher Than I've ever been lifted before... I'm gonna be at your side, forevermore." - Jackie Wilson Forget Jackie Wilson, Bipbop Benny's (Ben Bernanke) rendition of this tune last week sounded much, much better to financial ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

Facebook usage in Australia going up

ALEX DUNNIN  |  THURSDAY, 18 JUL 2013
While there are concerns Facebook use in Australia may be slipping, the number of Australians using the social media platform actually jumped 2.75% in May to reach 12.2 million. LinkedIn was ranked a distant second with 3.7 million users and Twitter ...

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Professional Investment Services (PIS) will be subject to a monitoring program by an independent expert to ensure that its advice processes meet the standards set out in a major enforceable undertaking (EU). The EU came to an end on March 2012 and PIS ...