Sentences with phrase «financial holding companies of»

AIM: Would permit financial holding companies of national banks to engage in real estate brokerage and management by declaring such activities financial in nature.

Not exact matches

The dispute between Burrup Holdings managing director Pankaj Oswal and the company's 35 per cent shareholder Yara Australia has escalated after Burrup blocked an independent audit of its financial accounts.

Yahoo announced last week it would not hold an earnings call as part of reporting financial results, citing the pending sale of the company's core assets to Verizon as its reason for scrapping the call.

According to reports by Reuters, the Wall Street Journal, and the Financial Times, the Redstone holding company — National Amusements Inc., which controls 80 % of the votes at both Viacom and CBS — is expected to send a letter to both companies soon, recommending they discuss a merger.

These founders eagerly plot out five - year financial projections before they've even developed a product or service; a few theories about the fates of those impacted by a company's success are not any less likely to hold water.

Unicorns were created in the aftermath of the financial crisis, when the low interest rate environment prompted investments in riskier assets, such as the stock of privately held companies.

On May 12, Tim Hortons held a conference call with financial analysts who had plenty of questions for Don Schroeder, a long time executive who everybody assumed held the confidence of the board as company CEO at the time.

Sageworks Inc., which does financial analysis of privately held companies, gave us 2009 sales percentage increase numbers for the most growing fields.

First, in early June, Lululemon (lulu) founder Chip Wilson — who is no longer involved in active management of the company but holds a sizable stake in the Canadian - based company — lamented Lululemon's financial performance.

After the 2008 financial crisis when Goldman became a bank holding company, it could take in more customer deposits, which led to an increase in its holdings of more than $ 40 billion over the past six years.

With his company's diversified holdings in insurance, transportation, paper, media, and financial services, Desmarais was one of the most notable members of his province's business elite, often referred to as Quebec Inc..

One of the Sarkozy's moves was to relaunch the stalled merger between the state - owned gas company and the electric and gas utility Suez SA that is partially owned by Power Financial and partner Albert Frere's holding company.

Gapstow Capital Partners» CJA Private Equity Financial Restructuring Master Fund I, LP holds 9.8 % of the company pre-offering, and Wolfson Equities holds about 6.3 %.

It's this last point that has the biggest effect on private versus public company returns, says Tim McPeak, director of financial institutions at Sageworks, a company that studies financial information of privately held companies.

Troubled Perth company Macmahon Holdings has flagged an impairment of up to $ 125 million in its full - year financial result after losing contracts with some of its biggest clients during the past six months, including Fortescue Metals Group.

Previously, Kennedy was executive vice president and chief financial officer of Vanguard Car Rental, the parent company of the National Car Rental and Alamo Car Rental brands, a privately held rental car company owned by Cerberus Capital Management.

They advise owners and management of private and publicly held middle market companies, typically valued between $ 25 million and $ 500 million with merger and acquisition advisory, capital formation for executing leveraged buyouts and ownership recapitalizations, as well as executing corporate financial restructurings.

But in May of 2012, the Chairman of Leighton Holdings, Stephen Johns, told The Australian Financial Review that, in hindsight, the company should never have gone into its JV with the Al Habtoor Group.

The gains followed news that Tokyo - based financial services company SBI Holdings and its subsidiary SBI Ripple Asia announced the establishment of a «consortium» with some Japanese credit card companies to utilize blockchain technology, according to an online translation of a release.

This year's list is the product of old - fashioned reporting, boosted by data and insight supplied by a trio of independent research firms: Sageworks, which performs financial analyses of privately held companies; Plunkett Research, a business intelligence firm that studies trends affecting the world's most vital industries; and IBISWorld, which provides industry growth figures, five - year revenue projections, employment growth, profit margin averages, and industry competition ratings.

The Guardian reports that Gunnlaugsson co-owned a British Virgin Islands — registered company called Wintris Inc., which reportedly held shares worth nearly $ 4 million in three Icelandic banks that collapsed during the financial crisis of 2008.

Investors haven't been happy that Dorsey is trying to be the big man at two public companies facing intense competition in a warp - speed tech industry, but Dorsey disclosed in Square IPO filings a side of himself focused on a very big financial contribution that requires a much smaller piece of himself: Roughly 20 percent of his personal holdings in Square stock would go to the Start Small Foundation.

David Kerr, a managing partner at investment holding company Edper Financial Corporation, will step down from BlackBerry's board of directors — a role he held since July 2007.

Listed real estate firm Agency Group Australia, formerly Ausnet Financial Services, has acquired three arms of struggling tech company Servtech Global Holdings for less than $ 1 million, while also announcing a $ 3 million capital raising.

An even more important goal, one that Trapani and Shindler aim to achieve within the next five years or so, is to hire a chief financial officer who will be capable of, among other things, maximizing the income potential from the company's various financial accounts and perhaps restructuring its real - estate holdings.

No financial terms were disclosed, SMG Holdings is a portfolio company of American Capital.

Its global acquisitions included Minnesota - based Carlson Hotels, owner of the Radisson and Park Plaza Hotels; a 25 % stake in Hilton Worldwide Holdings; a 9.9 % stake in Deutsche Bank; the aircraft leasing arm of the New York financial firm CIT Group; and Ingram Micro, the Irvine - based company that is the world's largest distributor of technology products.

Massive conglomerates such as General Electric are essentially holding companies for a diverse range of businesses based solely on their financial performance.

The company also holds a majority interest in CT Real Estate Investment Trust (TSX: CRT.UN), which acquired most of the company's real estate last year, and operates a financial services division which includes credit cards.

The financial sector changes were later confirmed by Yi Gang, the newly appointed head of China's central bank, who said foreign investors would be allowed to hold up to a 51 per cent equity stake in brokerage firms, futures companies and fund management firms.

Examples of such projects providing marginal benefits are: improving financial reporting systems through better information technology, minor tweaks to supply chain logistics, cutting back on marketing or increasing low - cost advertising (like social media), «rationalization» of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off taxation, refinancing rather than retiring debts, and the share buyback that is insensitive to a company's current stock price.

Chunyu, a Chinese mobile healthcare app company that connects patients and doctors, raised $ 50 million from China International Capital Corporation (CICC), Rushan Venture Capital under DunAn Holding Group, Pavilion Capital run by Temasek, and BlueRun Ventures, and HealthEdge, a provider of a cloud - based or on - site integrated financial, administrative and clinical software platform for healthcare payers focusing on medical claims and benefits management brought in $ 30 million

About BB&T BB&T is one of the largest financial services holding companies in the U.S. with $ 209.9 billion in assets and market capitalization of $ 29.5 billion as of Dec. 31, 2015.

Since it is privately held, little is known about the company's financials, but The New York Times has previously reported that revenues were roughly between $ 4 million and $ 6 million in 2013, before the debut of a major partnership.

You are an authorized representative of a bank, broker - dealer, insurance company, registered investment adviser or other professional client (together, «Financial Institutions») engaged in business activities outside the United States of America (a «Non-U.S. Adviser») and the Financial Institution has authorized you to access and use the Holdings Information.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018, on both a consolidated and segment basis; projected total revenue growth and global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.

Phil Libin, the chief executive of Evernote, a start - up in Mountain View, Calif., was kind enough to give me a tour of his privately held company's financials to reveal the mystery.

Veritaseum was holding its ICO over the weekend, allowing users to buy VERI tokens for a product the company was preparing to launch in the realm of financial services.

Similar to Fairfax Financial Holdings Ltd., a company that is a part of my current investment philosophy, Berkshire Hathaway has subsidiaries in a wide variety of industries.

The firm's website explains that by using its newly unveiled service, companies interested in holding a token offering can «Access a large range of securities & compliance capabilities by conducting token sales through a registered broker dealer and [Financial Industry Regulatory Authority] registered funding portal.»

And, because the Trump Organization is a privately held company, the actual structure of the deal remains unknown: Though Trump declared more than $ 5 million in revenue from the property on his most recent financial - disclosure forms, it's unclear whether that sum represents a flat fee or a percent of the hotel's revenue.

Fairfax Financial Holdings Limited is a holding company whose corporate objective is to achieve a high rate of return on invested capital and build long term shareholder value.

Prior thereto, from 1994 to September 2000, Mr. Swoveland held various positions including Vice President of Finance, Treasurer and interim Chief Financial Officer with Equitable Resources, Inc., a diversified natural gas company.

The Health Rosetta Group is a tech - enabled venture firm, expert advisory, and holding company focused on deploying capital to fix healthcare's root causes of dysfunction and generate top tier financial returns.

House Financial Services Chairman Jeb Hensarling (R - Texas) wants to require anyone seeking to put a proposal on the corporate ballot to hold a minimum of 1 percent of a company's outstanding stock for three years.

If the FDIC had authority over insolvent non-bank financials and bank holding companies, it could wipe out equity and an appropriate amount of bondholder capital, and sell the fully - functioning residual to an acquirer, as is typically done with failing banks, without any loss to depositors or customers.

The share price of Natural Resources, a company with a going concern warning in its financial reports, has risen by over 3,000 % since the company announced its intention of entering the digital currency realm and changing its name to Blockchain Holdings in a report sent to the TASE on October 17.

A Chinese gambit to assume that Chinese robots will be allowed to replace other robots, or that companies taxed on dollar assets held abroad, or financial flows, or what have you, is a marginal movement of thought to merely another corner of the same old old box.

From October 2011 to June 2014, Mr. Zerella served as Chief Financial Officer of Vocera Communications, Inc., a publicly held wireless healthcare communications company.