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Showing 451 - 460 of 2671 results for "Purchase"

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... speculation that it would roll this over to the November 2024 bond. At the same time, it scaled back its $5 billion weekly bond purchase program to $4 billion a week until at least mid-November this year. This is in line with its view that the stronger-than-expected ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... consider future bond purchases following the completion of the second $100 billion of purchases under the government bond purchase program in September." In the US, the much-anticipated non-farm payrolls report was released at the end of the week. US ...

Sequoia launches family office

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... advice in the next five years. The Macro Investment Advisory book $0.2 million to Sequoia's EBITDA in the first year. The purchase cost Sequoia $0.6 million in two payments of $0.15 million and shares. Sophie Chen will be heading up the new business. ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... activities by publicly listed companies, including buy backs, renounceable and non-renounceable rights issues, share purchase plans and takeovers. These include purchasing additional shares often at a discount to the market price, the creation of temporary ...

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
Financial advisers should keep in mind some valuable tax breaks for their businesses as the 2021 financial year comes to a close. H&R Block director of tax communications Mark Chapman told Financial Standard temporary full expensing (TLE) is one tax ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... Australians, foreigners are also in love with our local property market. The FIRB approved a total of 7496 applications for the purchase of commercial and residential properties in 2019-20 - down 6.3% from the previous fiscal year - undoubtedly impacted ...

Pendal appoints head of product

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... Richmond, Virginia and runs primarily in long-only equities with US$30.5 billion in funds under management. Pendal said the purchase price was 7.6x the first half 2021 EBITDA (annualised, excluding synergies). It said the firm was forecast to double ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
The Fed has spoken and Wall Street didn't like what it heard and saw (in the dot plots). US equities painted the board red, with all benchmark indices closing on the down low, while yields on 10-year US Treasuries went on the up and up. This is ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
... practices. WTL will pay $3.5 million in cash to fund the transaction and another $3.5million is payable in WTL shares. "Purchase price is in line with industry multiples of two-times recurring (net) dealer group revenue, presenting significant accretive ...