Sentences with phrase «cent of the company after»

Not exact matches

After a year, staff are able to buy shares in the tightly held company and are included in the profit - share program, where five per cent of pre-tax profits is distributed evenly among the staff.

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.

Shares in scooter manufacturer Vmoto have dived 20 per cent today after the company announced on Friday it expected to record a $ 2.24 million loss for the first half of the 2011 financial year.

The funeral industry in WA is increasingly dominated by a handful of big players, including two listed companies that hold more than 50 per cent of the market after buying some of the state's oldest operators.

Shares in national window dressings company Kresta Holdings have soared more than 20 per cent after raising its profit forecast on the back of an improved trading period in the second half of 2009.

Shares in Perth - based oil and gas company Range Resources gained nearly 20 per cent on the ASX after it announced it had attracted the backing of Hong Kong - based institutional investment group Abraham.

The Deloitte WA Index declined in June after positive performance in the previous month, with the market capitalisation of Western Australian listed companies decreasing by 3.1 per cent to close the month at $ 149.3 billion.

In corporate developments, Fortress Paper's shares (TSX: FTP) fell nearly four per cent after the company said an unexpected mechanical water pump failure will further delay the startup of a cogeneration facility at its specialty cellulose mill in Thurso, Que.

The chairman of Frankland River Olive Company looks set to wholly acquire and privatise the business, after Paul Letari increased his shareholding to over 90 per cent.

Shares in Mungana Gold Mines rose by more than 25 per cent after the company announced it would move ahead with its North Queensland zinc strategy, following shareholder support for the $ 15 million acquisition of the Chilagoe base metal assets from the liquidators of Kagara, originally announced in December last year.

However, the company's stock fell as much as five per cent Wednesday to $ 27.87 on the Toronto Stock Exchange after it reported sales totalled $ 390.9 million, down from $ 394.2 million and adjusted earnings of 24 cents per share, which slightly missed analysts» expectations of 25 cents per share, according to data compiled by Thomson Reuters.

Corey Davis, an analyst with investment firm Jefferies & Co., estimates shares will rise to $ 1.44 in 2014 (about a 60 cents jump from the current price) after the combined company has a full year of operations under its belt.

NEW YORK, N.Y. — The company that once offered to sell you eight CDs for 1 cent has filed for Chapter 11 bankruptcy protection after almost 20 years of falling sales.

Shares of E-Trade dropped about 2.2 percent after the bell, despite that the financial services company beat Wall Street expectations on top and bottom lines, reporting earnings of 64 cents on $ 637 million in revenue.

The agreement comes after recent changes by Industry Canada allowing telecom companies with less than 10 per cent of the market to have no restrictions on foreign investment.

Solera Holdings, which specializes in automobile collision claims software, after the company reported adjusted fourth - quarter earnings of 81 cents per share, topping estimates by a penny.

«Rather than waiting until after your death to leave the company to your adult child — who might have to pay 55 cents in tax on every $ 1 of its value — you want to start transferring a minority stake now, let's say 30 % of the stock.»

EXECUTIVES and managers re-employed after retrenchment gained an average salary increase of 6 per cent, a survey by outplacement and career management company DBM Australia has found.

After word circulated that Confido's ICO was a scam, the value of the company's digital token dropped from $ 1.20 per coin to around two cents, according to data from Coinmarketcap.com.

Amazon unveiled its Fire Phone with much fanfare in June, but after only two months on the market, the company has dropped the price of the $ 199 32 - gigabyte model to 99 cents, with a two - year contract.

BlackBerry shares soared Thursday after the company posted a stronger - than - expected profit of 5 cents per share.

Morse was considered the force behind Chinese e-commerce company Alibaba Group and Yahoo's $ 7.6 billion deal over the summer, which saw Yahoo sell about half of its 40 per cent stake in Alibaba after years of wrangling over terms.

Beleaguered jewellery firm PC Jeweller reversed its early losses and rallied over 32 per cent from the day's low after the company termed reports of arrest of MD and CEO Balram Garg by the CBI as «factually incorrect».

After a series of profit downgrades and the departure of Mr Cameron in 2016 the shares fell to 6.8 cents before the company went into administration last August.

However, since Central Garden & Pet's (CENTA, CENT) stock price declined by almost 25 % after investors reacted with vigor to «disappointing results», we thought we would provide a brief overview of what we think were the important aspects of the company's results.

The results come two months after IAG announced its tie - up with Warren Buffett's Berkshire Hathaway, that saw the insurance giant sign away 20 per cent of its business to the US investment guru's company.

During the past three years, the company spent about US$ 6.7 billion on debt payments, which reduced its total load from US$ 13.1 billion in 2014 to US$ 6.4 billion — 75 per cent of which is due after 2030, according to an investor presentation slide given earlier this year at the Bank of Montreal investor conference in Hollywood, Florida.

Directors fees will be cut 25 per cent for the remainder of the year, and the pay and job status of people within the business responsible for the fees - for - no - service will be decided after an external review, the company said.

The company's shares were up 10 per cent alone to about $ 1.58 on Wednesday after a Deutsche Bank analyst report revealed a 12 - month price target of $ 2.40.

Humanitarian charity Christian Aid has urged the government to crack down on tax avoidance after a new poll found 89 per cent of British adults say tax avoidance by large companies is morally wrong even if it's legal.

However, after a period of price restraint, Mr Durkan says suppliers are now trying to push through cost price rises, citing Arnott's 10 per cent price rise on products ranging from chocolate biscuits to chicken stock, and imminent price rises flagged by beverage companies Coca - Cola Amatil and Schweppes.

Mr Kennett holds about 7.65 per cent of the listed entity which has been through several derivations, including being a networking community in legal services, human resources and accounting from 2013, after transforming from its previous guise as a social media company called Jumbuck Entertainment.

The former chief executive of infant formula marketer Bellamy's Australia is shifting her sights to quince paste, ice cream, pate and beyond after becoming managing director of the ASX - listed company that owns a 48 per cent stake in Maggie Beer Products.

The local arm of the Dutch brewer suffered a 16 per cent fall in annual profits in its latest financial year as the joint venture company it operates with beer and dairy group Lion notched a net profit after tax of $ 10.5 million for the 12 months ended September 30, 2015.

Investors showed they had little patience for companies that undershot earnings forecasts, even by the thinnest of margins, sending down shares in retailer Woolworths on Wednesday by 3 per cent after its March - quarter sales result came in slightly shy of analyst targets.

The company owns 50 per cent of Australia's third largest mobile carrier, Vodafone Australia, which — after losing market share last year — has been implementing a turnaround strategy under chief executive Bill Morrow, who was brought over from the US.

The journey as a listed company has been anything but smooth; after trading above $ 6 at the start of 2005 at its peak, Australian Vintage shares have traded below or slightly above 40 cents per share since the end of 2008.

After winning several long - term engineering contracts with regional shire councils, Mr Godfrey said his accountant urged him to create his own proprietary company to avoid falling foul of the «80 per cent rule»: no more than 80 per cent of a year's income can come from a single client.

Coca - Cola Life, which has about 60 per cent fewer calories than classic Coca - Cola, was launched in Chile and Argentina last year after five years of research by The Coca - Cola Company.

Group president Jeff Williams told DairyReporter.com that the company was increasing its focus in organic production after witnessing annual growth of about 20 per cent for such products in the US market alone, especially for milk and yoghurt.

The panel said it was «strongly of the view that unacceptable circumstances had occurred» after Saputo raised its bid to $ 9.20 a share, while at the same time WCB withdrew the payment of special dividends if the Canadian company's stake reached more than 50 per cent.

The company's shares have been on a rollercoaster ride since listing on the ASX in mid-March this year after a small float at an issue price of 20 cents.

On Thursday last week, after several hours of closed discussion, Bega's board said it would sell its 18.8 per cent holding in WCB to Saputo, securing a profit of almost $ 100 million and catapulting the Montreal - based company to within reach of a controlling stake.

The company's shares have soared 16 per cent in the past two weeks to $ 17 on the expectation of a stellar result from the China region, after export figures announced by Wine Australia for all Australia wine companies showed extremely strong growth to China.

His resignation comes weeks after the largest shareholder in Etisalat Nigeria, the Mubadala Development Company, pulled out of the company, having transferred its 45 per cent shares to the banking consCompany, pulled out of the company, having transferred its 45 per cent shares to the banking conscompany, having transferred its 45 per cent shares to the banking consortium.

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The increases come after the company faced a backlash from consumers when it was revealed some franchisees cut employee benefits to offset the impact of minimum wage hikes in Ontario, which increased to $ 14 per hour from $ 11.60 — a 21 - per - cent jump — on Jan. 1.

Grand Theft Auto V arrives after four years of development, a 1,000 - page script, months of motion and voice capture, and a process that saw 80 per cent of the ever - growing company — eight international studios and counting — involved in recreating a fully functioning metropolis based closely on Los Angeles.

After Zelle's release, Venmo's parent company PayPal announced that it would also be offering instant transfers, but at a cost of 25 cents per transaction.

As recent Lenovo results showed, the company's smartphone business is struggling, and according to Bloomberg, the smartphone unit saw an operating loss of $ 112 million after sales slid 23 per cent.