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Showing 971 - 980 of 5062 results for "Sales"

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... the very least) or saved it from a negative print (at best). Together, hoarders and panic-buyers sent Australian retail sales to what the Australian Bureau of Statistics (ABS) labelled "unprecedented demand" in March. Preliminary estimates by the ABS ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... executive committee but remained the portfolio managers of Latigo's investment vehicles. In the March quarter, Challenger's life sales were up 9% pcp (annuity sales fell 10% to $593 million but other life sales rose 71% to $356 million), life investment ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... have work are limited from spending due to social restriction regulations and business shutdowns. Not surprising, US retail sales plummeted by 8.7% in the month of March, with consumers only increasing their purchases of "food and beverages" (25.6%) ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... plummeting by 24.5 in February; industrial production's 13.5% dive in Feb was followed by a 1.1% decline in March; and, retail sales slumped by 20.5% and 15.8% (year-on-year) in February and March, respectively. We, Australians all, are in for a lot ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... million mark and deaths reach nearly 137,000. US industrial output fell to levels not seen in 70 years in March, while retail sales fell by 8.7%. The New York Federal Reserve's Empire State Index plummeted 57 points to -78.2 in April, its lowest ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
... the Wallabies in the 1980s and early 1990s before making the move into finance. He is a former managing director of equity sales at Citigroup, former executive director of Pengana Capital and a former director of Diversa.

Superannuation fund cuts pay in C-suite

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... programmes through the COVID-19 pandemic," Cochlear chair Rick Holliday-Smith said. "Given the significant impact of COVID-19 to sales revenue, we believe a temporary reduction in pay to the board and senior management is an appropriate measure that ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... a peak of 851 on March 3. But make no mistake the coronavirus will have an impact on economic activity. Already, retail sales declined by 2.3% in the year to February following a 1.8% increase in the previous month. Plunging consumer confidence suggests ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... Additionally, the firm said the current market environment has triggered a "large uptick" in inbound enquiries from advisers. "The sales team grew this quarter in order to support several bulk transition opportunities and the growing pipeline of licensees ...

Sargon Capital to be liquidated

KANIKA SOOD  |  THURSDAY, 9 APR 2020
... subsidiary-level (referring to eight Sargon subsidiaries which own assets like Diversa Trustees and CCSL, and is currently in a sales process run by EY). However, OneVue said, if the recoveries at subsidiary level are not sufficient, it will consider ...