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Showing 651 - 660 of 4001 results for "Cut"

Centrepoint Alliance posts $1.6m NPAT

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
... us to improve the Company's operating performance and positioned us to seek new strategic opportunities." The company cut its statutory expenses by about 10% or $1.4 million (excluding Enzumo). This included a drop of about 17 full-time employees ...

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
... Organisation campaigned against the company, saying that its palm oil supplier was causing destruction to rainforests. The company cut ties with the Indonesian supplier in question in 2018 according to Reuters.

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
Three-in-five Australian publicly listed companies have either cut or withheld their dividends during 2020 as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments ...

BetaShares launches climate ETF

ANNABELLE DICKSON  |  FRIDAY, 19 FEB 2021
The exchange-traded fund (ETF) provider has announced it is set to launch a fund that will provide exposure to companies focused on climate and environmental challenges. The BetaShares Climate Change Innovation ETF (ERTH) will track an index that will ...

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... generating strong yield outside of those viewed by many as the traditional income-paying sectors," he said. Last year, 2020 banks cut dividends by 60% on average, so a 53% dividend increase from CBA is a much-needed income boost for shareholders, Gardner ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... billion grew 17% year on year. Four of its 16 affiliates earned performance fees totaling $45.2 million (Pinnacle receives a cut of $11 million after tax). "The diversity of strategies with performance fee potential is now large (and growing), and performance ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
Crude oil prices jumped to one-year highs - WTI oil to US$58.46 per barrel; Brent oil to US$55.73 - this early in the New Year. Well, they have to bounce some time especially given the battering it received in 2020 as the covid-19 pandemic grounded ...

Super fund ESG targets lack clarity: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021
Superannuation funds need to set clear, transparent emissions reduction targets for their investment portfolios that are based on metrics that can be compared across the industry, according to recommendations from the Australasian Centre for Corporate ...

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
... strategy. Morgan Stanley revised down its NPAT for Magellan by 7% for FY21 and 5% for FY22. Its price target for MFG shares was cut 14% to $41.20.

AMG Super rebrands divisions to cut costs

KANIKA SOOD  |  MONDAY, 11 JAN 2021
The $1.4 billion Brisbane retail superannuation fund will drop individual branding of two funds it acquired in 2018, as it aims to reduce expenses over next three years. AMG Super, which is partly owned by DDH Graham, has so far run the $140 million ...