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Showing 531 - 540 of 2735 results for "Shareholders"

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... has little analytical or predictive value." Berkshire Hathaway also suffered a net earnings (loss) attributable to shareholders of US$43.8 billion. The company explained that Covid continues to affect its operating businesses. Despite significant government ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... matter was committed to the District Court for a sentence mention on 23 September 2022. Financial reports provide shareholders, creditors and the public with important information, enabling them to make informed decisions when dealing with companies. ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... reporting of certain tax information on a country-by-country basis; mandatory reporting of material tax risks to shareholders; and requiring tenderers for Australian government contracts to disclose their country of tax domicile. Chalmers added the crackdown ...

BlackRock shutters Russia ETF

JAMIE WILLIAMSON  |  FRIDAY, 5 AUG 2022
... asset manager intends to commence liquidation of the ETF on August 17 by distributing its current liquid assets to shareholders while retaining a reserve to meet costs. BlackRock said it expects the liquidation process to take some time, given the ongoing ...

Macquarie appoints directors to bank board

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... bank-only, non-executive directors (BOND) to the Macquarie Bank board. Stevens stated that, as previously noted to shareholders, Macquarie has been working with APRA to strengthen the voice of Macquarie Bank (MBL) within the Group. "We have made good ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... our operations businesses, which is allowing us to not just deliver growth, but also to deliver growing returns to shareholders in the process. " The scale was largely achieved through the firm's recent acquisitions. "The acquisition of Paragem and ...

Morrison & Co buys stake in Lyntia Networks

CASSANDRA BALDINI  |  WEDNESDAY, 27 JUL 2022
... Lyntia has a solid market position and huge growth potential. "We are excited to work with its management and co-shareholders, bringing our extensive sector experience to support the business to realise its full potential by building its network and ...

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... rejected the offer, saying it significantly undervalued the company's current and future value and was therefore not in shareholders' best interests. The renewed talks also follow Pendal's funds under management announcement for the June quarter ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... they need to think again. The pressure will be on to strip costs and generate more profits, to create a return for shareholders." In a statement, the Finance Sector Union (FSU) said the deal endangered the jobs of Suncorp staff. FSU secretary Julia Angrisano ...

Brookfield, Infratil sell mobile towers

JAMIE WILLIAMSON  |  MONDAY, 18 JUL 2022
... share our vision for what the new TowerCo can deliver across New Zealand. The transaction is a win-win for Infratil shareholders." Meanwhile, Brookfield Infrastructure managing director Udhay Mathialagan said: "This transaction is a material milestone ...