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| | | ... share market at noon on Thursday was lower after a negative lead from United States markets and no standout economic or company drivers. At 1200 AEST, the benchmark S&P/ASX200 index had dropped 48.7 points, or 1.05 per cent, to 4596.3 while the broader ... |
| | | | ... plans to spin off one of its businesses, Liberty Mutual Agency Corporation, indefinitely. In a statement to the press the company said "the stalled economic recovery, volatile stock market and undervalued property and casualty insurance stock prices ... |
| | | | ... equity people to a deal. That effectively is paid for through the private equity management fee," he explained. In a listed company, the same costs would be treated as company expenses, which would ultimately detract from profits, and by extension, the ... |
| | | | ... John Coombe, head of consulting - Sydney and executive director at JANA Investment Advisers. He gave the example of a company's earnings changing by 20 per cent in a day on a stock market, but if an investor owned the asset directly, the chances of that ... |
| | | | ASX managing director and chief executive officer Robert Elstone is to step down in July next year, the company revealed today. In a statement to the exchange released ahead of its annual general meeting, chairman David Gonski revealed that Elstone ... |
| | | | A year after Premium Investors underwent a forced off-market buy back, company chair Tom Collins flagged cost savings of more than 40 per cent next year as part of a business restructure. Last Friday, the firm released a newsletter to investors highlighting ... |
| | | | ... agreements with insurance linked securities fund Sequaero Advisors and fund-of-funds Hermes BPK. A spokesperson for the company said a fourth deal in the high yield space will be announced in coming weeks. Plus Capital is headed by Neil Wild, previously ... |
| | | | ... November following the adoption of a new online voting and nominations process. The new process, run by online voting company Big Pulse, has seen 23 FPA members join the running for three positions on the board. The FPA said the new online nomination ... |
| | | | ... under administration (FUA) in Symetry, will now use the platform as its main administration service for advisers. The company will also become promoter of the platform effective October 4th, with the option to become operator and trustee in the future. ... |
| | | | ... planning to reduce its price of messaging on its core FIN service by an average of 20 percent next year. According to the company, the 20 per cent reduction is part of a targeted 50 percent price reduction over five years that started in 2006. "We have ... |
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