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Money Management
Time for planners to review 4% ruleCurrent minimum withdrawal rates for account based pensions in Australia may le
Time for planners to review 4% rule
Money Management / Posted a minute ago
Current minimum withdrawal rates for account based pensions in Australia may lead to investors depleting retirement assets too soon, according to new research published by Morningstar. The assessment, contained in a paper, Safe Withdrawal Rates for... Read more
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Money Management
Praemium announces positive half-year fiscal resultPraemium have this morning announced profits of $14.7 million, recording a 35 p
Praemium announces positive half-year fiscal result
Money Management / Posted a minute ago
Praemium have this morning announced profits of $14.7 million, recording a 35 per cent increase on revenue in their fiscal results for the first half of the 2015-16 financial year. Praemium's financial results detail half year operating performance... Read more
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Money Management
Investec buys into crowd-funding ventureInvestec Australia is aiming to harness the distribution power and capital inte
Investec buys into crowd-funding venture
Money Management / Posted a minute ago
Investec Australia is aiming to harness the distribution power and capital intermediation capabilities of crowd-funding through its investment in Equitise. The funds management firm announced it had taken a 20 per cent stake in the Trans-Tasman... Read more
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Money Management
Synchron and AIA to create level insurance productIndependently-owned licensee, Synchron, has partnered with life insurance compa
Synchron and AIA to create level insurance product
Money Management / Posted a minute ago
Independently-owned licensee, Synchron, has partnered with life insurance company, AIA Australia, to create a fixed term level product ahead of the implementation of the Life Insurance Framework (LIF) later this year. The product, which was in the... Read more
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Money Management
GPS Wealth picks up two new practicesSpecialist financial services dealer group, GPS Wealth, has picked up a financi
GPS Wealth picks up two new practices
Money Management / Posted a minute ago
Specialist financial services dealer group, GPS Wealth, has picked up a financial planning practice as well as an accounting firm in the lead up to the removal of the accountants' exemption on 1 July. Brisbane-based medium-sized accounting firm,... Read more
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Money Management
CFS unveils new mobile appColonial First State (CFS) has launched a new mobile app which it claims will h
CFS unveils new mobile app
Money Management / Posted a minute ago
Colonial First State (CFS) has launched a new mobile app which it claims will help financial advisers provide better service for their clients. The initial release app, developed by CFS' FirstTech team, is available free to all financial advisers... Read more
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The Register NorthJersey.com
Dollar strength, foreign weakness keyed N.J. export decline in 2015The strong U.S. dollar and the weakness of New Jersey’s global trading partners
Dollar strength, foreign weakness keyed N.J. export decline in 2015
The Register NorthJersey.com / Posted a minute ago
The strong U.S. dollar and the weakness of New Jersey’s global trading partners helped depress state exports last year, while America’s economic strength helped boost the volume of goods imported through the state’s ports. The dollar value of New... Read more
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The Register NorthJersey.com
Gap reports 7 pct drop for a key sales figure for 4QNEW YORK — Gap Inc. reported slumping sales at all three brands for the crucial
Gap reports 7 pct drop for a key sales figure for 4Q
The Register NorthJersey.com / Posted a minute ago
NEW YORK — Gap Inc. reported slumping sales at all three brands for the crucial fourth-quarter, which covers the holiday season. The company, which operates Gap, Old Navy and Banana Republic stores, said Monday that a key revenue measure, sales at... Read more
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KJZZ 91.5 Phoenix
Apollo CEO Explains Why $1.1 Billion Deal Makes SenseAfter years of increased federal oversight and competition, a billion dollar de
Apollo CEO Explains Why $1.1 Billion Deal Makes Sense
KJZZ 91.5 Phoenix / Posted 2 minutes ago
After years of increased federal oversight and competition, a billion dollar deal is in the works to buy the parent company of the University of Phoenix. If approved by shareholders and regulators, a consortium of private investors will pay $9.50... Read more
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The Age
Nick Scali profit jumps 41pc as furniture sales boomNick Scali managing director Anthony Scali expects full year profits to rise as
Nick Scali profit jumps 41pc as furniture sales boom
The Age / Posted 3 minutes ago
Nick Scali managing director Anthony Scali expects full year profits to rise as much as 40 per cent after a strong first half. Photo: Rob Homer Furniture retailer Nick Scali expects net profits to rise as much as 40 per cent in 2016 after strong... Read more
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The Border Mail
COBAR TO LOSE JOBS: Endeavor Mine announces it will shed two-thirds of workforceALMOST two-thirds of the employees at Endeavor Mine are facing redundancy as of
COBAR TO LOSE JOBS: Endeavor Mine announces it will shed two-thirds of workforce
The Border Mail / Posted 3 minutes ago
ALMOST two-thirds of the employees at Endeavor Mine are facing redundancy as of Monday. Employees of the CBH Resources-run Endeavor Mine were told the news at a staff-only meeting at the Cobar Bowling and Golf Club on Monday meeting. The working... Read more
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Bureau County Republican
Enterprise zone applicationsEnterprise zones encourage job growth and investment in economically depressed
Enterprise zone applications
Bureau County Republican / Posted 3 minutes ago
Enterprise zones encourage job growth and investment in economically depressed areas. Companies within a zone, or that agree to move into one, can qualify for tax incentives that include sales tax exemptions on purchases of building materials and... Read more
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Computer World Australia
Telco complaints dropA year-on-year comparison of complaints about telecommunications services show
Telco complaints drop
Computer World Australia / Posted 4 minutes ago
A year-on-year comparison of complaints about telecommunications services show a significant drop in the December quarter, according to the latest ‘Complaints in Context’ report issued by the Telecommunications Industry Ombudsman and Communications... Read more
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Sydney Morning Herald
Pathology lobby group to launch campaign against $650m funding cutPathology Australia chief executive Liesel Wett is launching a campaign against
Pathology lobby group to launch campaign against $650m funding cut
Sydney Morning Herald / Posted 4 minutes ago
Pathology Australia chief executive Liesel Wett is launching a campaign against MYEFO cuts. Pathology Australia will attempt to kill $650 million in cuts for diagnostic tests such as blood tests and X-rays with a consumer campaign to run in 5000... Read more
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Sydney Morning Herald
Nick Scali profit jumps 41pc as furniture sales boomNick Scali managing director Anthony Scali expects full year profits to rise as
Nick Scali profit jumps 41pc as furniture sales boom
Sydney Morning Herald / Posted 5 minutes ago
Nick Scali managing director Anthony Scali expects full year profits to rise as much as 40 per cent after a strong first half. Photo: Rob Homer Furniture retailer Nick Scali expects net profits to rise as much as 40 per cent in 2016 after strong... Read more
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Denver Post
Denver Broncos Super Bowl victory could signal stock market's lossBack in 1970s, Wall Street analyst Robert H. Stovall noticed that whenever an o
Denver Broncos Super Bowl victory could signal stock market's loss
Denver Post / Posted 5 minutes ago
Back in 1970s, Wall Street analyst Robert H. Stovall noticed that whenever an original American Football League team, like the Denver Broncos, won the championship, stock returns were negative for the year. Up years followed a win by an original... Read more
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Baltimore Sun
Robotic, pre-fab homebuilding manufacturer brings plant, jobs to BaltimoreBlueprint Robotics is a new Baltimore company with small, temporary offices, ju
Robotic, pre-fab homebuilding manufacturer brings plant, jobs to Baltimore
Baltimore Sun / Posted 5 minutes ago
Blueprint Robotics is a new Baltimore company with small, temporary offices, just 13 employees and big ambitions to use technology to revolutionize the homebuilding industry. So far, so start-up. But the firm, led by former executives at the Rouse... Read more
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Queensland Times
Unitywater leaves plumbers, customers footing the billFORMER Queensland Treasurer Joan Sheldon has come out swinging about a Unitywat
Unitywater leaves plumbers, customers footing the bill
Queensland Times / Posted 5 minutes ago
FORMER Queensland Treasurer Joan Sheldon has come out swinging about a Unitywater policy that has transferred the cost of identifying problems with its infrastructure to plumbers and customers. Plumbers face being left hundreds of dollars out of... Read more
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Business Wire
Managed High Yield Plus Fund Inc. – Dividend Declaration and Updated Price and Yield InformationNEW YORK--(BUSINESS WIRE)--Managed High Yield Plus Fund Inc. (the "Fund") (NYSE
Managed High Yield Plus Fund Inc. – Dividend Declaration and Updated Price and Yield Information
Business Wire / Posted 5 minutes ago
NEW YORK--(BUSINESS WIRE)--Managed High Yield Plus Fund Inc. (the "Fund") (NYSE: HYF), a closed-end management investment company, today announced that the Fund’s Board of Directors has declared a dividend from net investment income of $0.0115 per... Read more
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Business Wire
Global High Income Fund Inc. – Distribution Declaration and Updated Price & Distribution Rate InformationNEW YORK--(BUSINESS WIRE)--Global High Income Fund Inc. (the "Fund") (NYSE: GHI
Global High Income Fund Inc. – Distribution Declaration and Updated Price & Distribution Rate Information
Business Wire / Posted 5 minutes ago
NEW YORK--(BUSINESS WIRE)--Global High Income Fund Inc. (the "Fund") (NYSE: GHI), a non-diversified, closed-end management investment company seeking high current income and secondarily, capital appreciation through investments primarily in... Read more
2 related stories
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Business Wire
Lantheus Holdings to Host Fourth Quarter and Full Year 2015 Earnings Conference Call and Provide 2016 Guidance on February 22, 2016 at 4:30 p.m. Eastern TimeNORTH BILLERICA, Mass.--(BUSINESS WIRE)--Lantheus Holdings, Inc. (the “Company”
Lantheus Holdings to Host Fourth Quarter and Full Year 2015 Earnings Conference Call and Provide 2016 Guidance on February 22, 2016 at 4:30 p.m. Eastern Time
Business Wire / Posted 5 minutes ago
NORTH BILLERICA, Mass.--(BUSINESS WIRE)--Lantheus Holdings, Inc. (the “Company”) (NASDAQ:LNTH), the parent company of Lantheus Medical Imaging, Inc. (“LMI”), today announced that it will host a conference call at 4:30 p.m. ET on Monday, February 22,... Read more
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Business Wire
Fitch Rates Oregon Health and Science University (OR) Series 2016 B bonds 'AASAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA-' rating to t
Fitch Rates Oregon Health and Science University (OR) Series 2016 B bonds 'AA
Business Wire / Posted 5 minutes ago
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA-' rating to the expected issuance of approximately $197,010,000 Oregon Health and Science University (OHSU) revenue bonds series 2016B. In addition, Fitch has affirmed the 'AA-' rating... Read more
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Business Wire
INVESTOR NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit Against INSYS Therapeutics, Inc. and Encourages Investors With Losses in Excess of $100,000 to Contact the FirmIRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that
INVESTOR NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit Against INSYS Therapeutics, Inc. and Encourages Investors With Losses in Excess of $100,000 to Contact the Firm
Business Wire / Posted 5 minutes ago
IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against INSYS Therapeutics, Inc.(“INSYS” or the “Company”) (Nasdaq: INSY). Investors who purchased or otherwise acquired shares... Read more
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Entrpreneur
B2B? C2C? VC-Backed? Read on to Have These and Other Business Models Explained.Sooner or later, every young business needs to begin putting money in the bank
B2B? C2C? VC-Backed? Read on to Have These and Other Business Models Explained.
Entrpreneur / Posted 5 minutes ago
Sooner or later, every young business needs to begin putting money in the bank -- and there are five business models your startup can use in its pursuit of bringing in revenue. The one (or more) you choose will depend largely on the product or... Read more
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Business Wire
Strategic Global Income Fund, Inc. – Distribution Declaration and Updated Price & Distribution Rate InformationNEW YORK--(BUSINESS WIRE)--Strategic Global Income Fund, Inc. (the "Fund") (NYS
Strategic Global Income Fund, Inc. – Distribution Declaration and Updated Price & Distribution Rate Information
Business Wire / Posted 5 minutes ago
NEW YORK--(BUSINESS WIRE)--Strategic Global Income Fund, Inc. (the "Fund") (NYSE: SGL), a non-diversified, closed-end management investment company seeking a high level of current income as a primary objective and capital appreciation as a secondary... Read more
2 related stories
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Business Wire
Terra Nitrogen Company, L.P. Declares Quarterly DistributionDEERFIELD, Ill.--(BUSINESS WIRE)--Terra Nitrogen Company, L.P. (TNCLP) (NYSE: T
Terra Nitrogen Company, L.P. Declares Quarterly Distribution
Business Wire / Posted 5 minutes ago
DEERFIELD, Ill.--(BUSINESS WIRE)--Terra Nitrogen Company, L.P. (TNCLP) (NYSE: TNH) today announced the declaration of a cash distribution for the quarter ended December 31, 2015, of $2.88 per common limited partnership unit. The distribution is... Read more
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Elmira Star-Gazette
Sales tax collections lag upstateSales tax collections in Upstate New York matched the rate of inflation in 2015
Sales tax collections lag upstate
Elmira Star-Gazette / Posted 5 minutes ago
Sales tax collections in Upstate New York matched the rate of inflation in 2015, a report released Monday by the state comptroller’s office shows, as regions outside New York City continued to lag in year-over-year growth. While the state overall... Read more
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Business Wire
Latin America Corporate Bond MaturitiesCHICAGO--(BUSINESS WIRE)--Latin America corporates face significant challenges
Latin America Corporate Bond Maturities
Business Wire / Posted 6 minutes ago
CHICAGO--(BUSINESS WIRE)--Latin America corporates face significant challenges in 2016, according to a new Fitch Ratings special report. Companies have cut capital expenditures dramatically and have slashed dividends during 2014 and 2015. This will... Read more
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Business Wire
Source Capital, Inc. Declares Special and Regular Quarterly Distributions on Common StockLOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (N
Source Capital, Inc. Declares Special and Regular Quarterly Distributions on Common Stock
Business Wire / Posted 6 minutes ago
LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE:SOR) today declared a special distribution of $33.65 per common share, payable March 15, 2016, to shareholders of record as of the close of business February 19, 2016.... Read more
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The New Zealand Herald
Investors considered for dam schemeThe site of the proposed Ruataniwha Dam, at the upper end of Makaroro River. A
Investors considered for dam scheme
The New Zealand Herald / Posted 6 minutes ago
The site of the proposed Ruataniwha Dam, at the upper end of Makaroro River. ACC and New Zealand Super Fund have been suggested as potential investors in the Ruataniwha Water Storage Scheme. There is also speculation of an Australian investor in... Read more
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