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Showing 631 - 640 of 2671 results for "Purchase"

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... Australian Executor Trustees entities that it bought from IOOF) on May 5. The company hasn't officially revealed the purchase price but Sargon's creditors are currently in court fighting over $29 million in sales proceeds. "With a new board ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
June 23 marks the fourth year anniversary of Brexit - the day a referendum was held (and Britons voted in favour of) the United Kingdom leaving the European Union (EU). The uncertainty (horror) of it all sent Sterling's effective exchange rate diving ...

Flamingo AI acquisition scrapped

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
ASX-listed Flamingo Ai's proposed sale of its assets to Rymamay Investments has been scrapped after due diligence by the latter, as the parties couldn't agree the terms of the share sale agreement. Flamingo's board has now set itself a 30-day timeline ...

Perth Mint to review audit processes

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... a $508 million exchange traded product called the Perth Mint Gold (ASX: PMGOLD) which gives investors the ability to purchase government-backed gold via the ASX.

SEC charges COVID-19 microcap scammers

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... controllers to conceal their identities while dumping their company's stock into the market for unsuspecting investors to purchase. The complaint also charged several others, including Shane Schmidt, Douglas Roe and Kelly Warawa, with fraudulently dumping ...

AustralianSuper bets on build-to-rent

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
AustralianSuper has made a significant investment into an Australian build-to-rent developer. The country's largest superannuation fund has purchased a 25% stake in Assemble Communities and will have the opportunity to invest in the company's pipeline ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... economy in this challenging time" Fed chair Jerome Powell indicated the central bank would continue to review the asset purchase forward guidance and that they have been studying the international evidence on yield curve control. Stephen Miller, investment ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
Steady all the way... to 2022. As expected, the US Federal Reserve left the fed funds rate target at 0-0.25% at the conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... ...

COVID-19 inspires pump and dump scheme

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
... created the false impression of high demand for Arrayit stock by placing and subsequently canceling several large orders to purchase shares in a tactic known as "spoofing." According to the SEC, Nielsen made approximately US $137,000 in six weeks through ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
The Australian Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property. The ATO said it strongly encourages SMSF trustees who may be considering property development to seek ...