Sentences with phrase «financial holding company with»

Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $ 50 billion in assets as of Dec. 31, 2017.

Not exact matches

The Desmarais family kicked off the new year by snapping up Performance Sports Group, the company behind the Bauer and Easton brands, for $ 575 million with partner Fairfax Financial Holdings Ltd..

The bank holding company provides financial services and offers investment management with $ 1.8 trillion in assets under management.

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.

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..

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.

Shares in local contractor NRW Holdings soared on news the company had returned to the black with $ 21.5 million in profit for the 2016 financial year.

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.

Until Monday, the beleaguered Waterloo, Canada - based tech company had been trying to close a $ 4.7 billion deal with Fairfax Financial Holdings to go private.

The SEC, the top securities regulator in the United States, has little authority over privately held companies, which unlike publicly traded companies do not have to register or file financial information with the agency regularly.

That's unclaimed property — or accounts held by companies or financial institutions that haven't had contact with the owner for one year or more.

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.

10 The Firm calculates its Tier 1 capital ratio and risk - weighted assets in accordance with the capital adequacy standards for financial holding companies adopted by the Federal Reserve Board.

San Francisco - based startup Ripple rose 20 percent Wednesday (Dec. 27) to an all - time high after news that Tokyo - based financial services company SBI Holdings and its subsidiary SBI Ripple Asia have established a «consortium» with some Japanese credit card companies to utilize blockchain technology.

Before her career at BMO, Maidment held several executive positions with Clarica Life Insurance Company from 1988 to 2000, including chief financial officer.

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.

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.

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.

Anthemis Expands Partnership with Exponential Ventures, MMI Holdings» Disruptive Innovation Arm, Beyond Investing to Build New Financial Wellness Companies LONDON, April 18, 2017...

«Our proposal would provide Teva stockholders with very attractive strategic and financial benefits and Mylan stockholders with a substantial premium and immediate value for their shares, as well as the opportunity to participate in the significant upside potential of the combined company — one that would transform the global generics space and leverage it to hold a unique leadership position in the pharmaceutical industry.

Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic oCompany Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic ocompany; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic ocompany given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.

Prior to joining E-L Financial, Mr. Carty held executive roles in the human resources, legal and compliance areas with a large Canadian life insurance company.

Moving forward, please note that the company will report financial results on Wednesdays and hold its call with analysts and investors at 9:30 a.m. ET.

Combined with the Russia - tied company — Navigator Holdings Ltd. — Ross has a financial interest in at least 75 ships, most of which move oil and gas products across the globe.»

We're not associated with these companies so we can not hold any financial or legal responsibility.

«If the investment is a well - run company with sufficient financial strength, even the greatest bear market will not erase the value of holding» Phil Fisher

Executives from companies such as China Development Bank Leasing, China Aviation Supplies Holding Company and ICBC Financial Leasing Co have all confirmed that they are buying new Boeing jets, with the latter specifically indicating the plan to buy 30 of Boeing's 737 - 800 jets that have list prices worth $ 2.88 billion.

These concentrations of positions in the hands of the largest bank holding companies and investment banks posed risks for the financial system because of their interconnections with other financial institutions.»

It allows the FDIC to borrow funds from the Treasury to support the liquidation of such firms with the proviso that in the event of any losses, fees will be levied on bank holding companies and other financial institutions to fully reimburse the Treasury.

Bega boss Barry Irvin told The Australian Financial Review on Friday that the company is considering its options, «whether that's selling to Saputo or other interested international parties, or holding on to our stake with a view to extracting its strategic value later».

While the latest financial results in May for Kop Football Holdings, Liverpool's parent company, revealed debts of around # 473m for the previous financial year, the club still believe that with their new # 81m Standard Chartered shirt sponsorship deal they remain attractive to potential buyers.

They were led by the holdings of the centenarian billionaire Leonard Litwin ($ 1 million), Connecticut - based developer The Richman Group ($ 314,000), Gary Barnett, with his wife, Ayala, and his company, Extell Development ($ 300,000), Brookfield Financial ($ 253,500) and Cablevision (the owner of MSG, $ 250,000; C.E.O. Charles Dolan and eight members of his family also chipped in $ 121,000).

SAN DIEGO, March 17, 2015 — ViaCyte, Inc., a privately - held regenerative medicine company with the first stem cell - derived islet replacement therapy for the treatment of diabetes in clinical trials, today announced a presentation by Dr. Paul Laikind, President and CEO, at the third annual Regen Med Investor Day co-hosted by the Alliance for Regenerative Medicine (ARM) and top financial firm Piper Jaffray.

With approximately $ 149.9 billion in assets as of June 30, 2014, Ally operates as a financial holding company.

Last week, Mr. Slim exercised warrants to become the largest shareholder of the company with a 17 % stake and told Reuters last July that his holdings in the company are a «financial investment.»

Citigroup Inc. is engaged as a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking, credit cards, etc..

Farmers, ranchers and other food growers along with food producers, petroleum companies who either drill for oil or natural gas or refine these products - or both, financial institutions with enormous holdings in treasuries, equities or currencies, mining interests and their buyers - all these areas of production and distribution employ futures trading spreads from time to time as an important aspect of their businesses.

First Trust Advisors, the Fund's investment advisor, along with its affiliate, First Trust Portfolios, are privately - held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately USD90 billion as of 29 February, 2016 through unit investment trusts, exchange - traded funds, closed - end funds, mutual funds and separate managed accounts

HR 10 allowed for the formation of financial holding companies that could engage in banking, investment banking, and insurance, with regulation of mixed entities to be done functionally down at the operating companies, in much the same way it would be done for standalone entities.

Community Choice is a Dublin, Ohio - based holding company with several subsidiaries formed in 2011 that provide a variety of financial products for consumers.

When I have to hold my nose to purchase a security, when my stomach churns with nausea at the sight of a company's financials, then I know that nothing too bad can come out of the investment because most other investors will have had the same reaction....

The management team disintegrated, with many of the top players leaving in disgrace, and the company held back on reporting its financials because it was having trouble getting its books in order, never a good sign for investors.

That, in turn, means you're getting stocks that are more likely to hold up in market downturns thanks in part to their income, but also because the companies they represent are less likely to collapse than smaller businesses with shallower financial resources.

Founded in 1872, BB&T says it was among the 10 largest financial - holding companies in the nation with $ 165.8 billion in assets as of Dec. 31, 2009.

April 2008 by Wayne Thorp Ralph Wanger's investing style of holding small companies with financial strength, entrepreneurial managers, and understandable businesses allowed him to generate enviable returns while managing the Acorn Fund between 1970 and 2003.

XTB UK is regulated by the UK's Financial Conduct Authority (FCA) and is part of XTB Group with a Polish - based X-Trade Brokers Dom Maklerski as a holding company.

Since you intend to hold your stocks for a long time, you want to be sure that you own companies with great business models, wonderful financials, and sustainable competitive advantages.