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Showing 451 - 460 of 1115 results for "MIT"

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ...

Opportunity for the brave: High yield credit

ALLY SELBY  |  FRIDAY, 8 MAY 2020
There are opportunities for investors in the high yield market in the current environment, but only for the brave. That's according to Daintree Capital director and credit portfolio manager Mark Mitchell, who warned retail investors to steer clear of ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
The early release of super scheme has seen more than 5% of the accounts Link Group administers close. It comes as the group rolls out optional pay cuts to its leadership team. In a presentation to the Macquarie Australian Investors Conference yesterday ...

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
We're all in this together. Just as the coronavirus doesn't distinguish between race, colour, creed or political affiliations, responses by governments - rich and poor - have been the same all over the world (well, almost except notably Sweden) ...

Platform bolsters distribution, relationships teams

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
An asset manager and platform with ambitious growth plans has made key appointments, growing its relationships and distribution teams. Mason Stevens has appointed Charlie Green, a former financial adviser at Kearney Group, to manage client relationships ...

Mortgage Choice Financial Planning rebrands

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
Mortgage Choice has announced the rebranding of its financial advice division from Mortgage Choice Financial Planning to FinChoice. Mortgage Choice chief executive Susan Mitchell said the decision came after a strategic review of the company's brand ...

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
A Chinese tech giant has bought a 5% stake in buy-now-pay-later provider Afterpay, after paying approximately $416 million for more than 13 million shares in the company. Tencent is an online entertainment, digital advertising, social media, fintech ...

Lloyds profits down 95%

ELIZABETH MCARTHUR  |  FRIDAY, 1 MAY 2020
UK bank Lloyds reported a profit plunge of 95% compared to the first quarter of 2019 in its latest results. The significant dive in statutory profit was impacted by an impairment charge which occurred due to changes in Lloyds Banking Group's reporting ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
It would have been funny had it not been for the gravity of the circumstances the planet has found itself in these days of the coronavirus pandemic. For right on the eve of "Labor Day", the US Department of Labor reports that more than 30 million Americans ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
Economic experts are calling on the government to commit to "gargantuan" fiscal stimulus measures, amounting to at least 15-20% of Australia's GDP per year for the next two to three years. Anything less, they argue, will run the risk of a debt-default ...