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Showing 481 - 490 of 2015 results for "BID"

VanEck readies new ETF

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
VanEck will launch a new global equities ETF that tracks 30 listed companies in the clean energy sector. VanEck said it expects the ETF to start trading on the ASX in the coming weeks, subject to regulatory approval under the ticker CLNE, for The VanEck ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

AMP Capital still being dressed up for sale

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
... said. Ares backed out of its non-indicative proposal to acquire 100% of the AMP business for $1.85 per share but the Ares bid or AMP Capital is still very much on the table. De Ferrari said Ares' core capability is in the asset management and the ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
Ares Management has backed out of its acquisition proposal with AMP saying its strategy for its Australia and New Zealand wealth management businesses is likely to be the optimal way forward. The announcement comes as AMP disclosed its full year results ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Anything worth doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of ...

ETF liquidity disappears: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
... calculated as the percentage of days in the stressed market period when there was less than $100,000 in total on both the bid and offer for five minutes or more. For fixed income Australian dollar ETFs, this measurement moved from 2.2% to 10.2% of days ...

Macquarie makes telecoms bid

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
Macquarie Infrastructure and Real Assets (MIRA) has made a non-binding indicative proposal to acquire 100% of Vocus Group. Vocus confirmed MIRA had made an offer to acquire the company for $5.50 per share. The offer is an increase on Vocus' previous ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... decade before - bad news is good news. This is because the weakness in the US labour market only strengthens Joe Biden's bid to deliver his US$1.9 trillion stimulus package. And it will pack a punch. As per IMF 2020 nominal GDP estimates, this is ...