Sentences with phrase «have assets on»

The financial responsibility law requires that people prove that they have assets on reserve to pay for damages that they are responsible for in a car accident claim.
Do you have no assets on your balance sheet, but a collection of rare paintings of meerkats from the Seventeenth Century?
Obviously, the fact that they have assets on sale is good.
Many of the companies didn't have assets on hand to weather the storm and went bankrupt, leaving investors out millions.
«This has been an overwhelming storm for the entire region, and that they just don't have the assets on the ground that are going to make a quick restoration possible for the most amount of people,» said Town Supervisor George Hoehman.
The general principal here is right — having assets on hand is «insurance».

Not exact matches

-- Chris Mackey, CEO of MackeyRMS, a research management platform for investment professionals that has taken no outside capital / funding with clients on its platform managing over $ 1 trillion in assets
While most of the headlines the company has made recently have pertained to blockchain, it is setting its sights on digital assets.
The finance minister of Saudi Arabia has sought to reassure investors that the kingdom is a secure place to invest following a crackdown on corruption in the country that saw individuals imprisoned and assets handed over to the government.
Its supporters say it will reduce burdensome compliance costs for small banks in rural areas, but its critics say it would undo important regulations on larger banks with assets in the hundreds of billions.
Both assets and brand, said VanBoskirk, are tarnished following a hack that exposed credentials of 500 million users and reports Yahoo had been scanning emails on behalf of U.S. intelligence.
Many conglomerates have been holding onto non-core assets because they didn't want to generate a big tax bill on the sale.
The country's looming leadership transition may have put some acquisitions on hold, and China is also busy digesting previously acquired foreign assets.
These struggles have left them with 22 % fewer workers than they employed a decade ago (on average), and net capital assets (such as factor floor space and machinery and equipment) that have shrunk 2.2 % per year on average.
He would also lower the top corporate tax rate to 20 percent and charge an 8.75 percent repatriation tax on assets held overseas.
In the absence of any official statement, pundits contemplated a range of theories on the Potash rejection — that Ottawa regarded potash (a crucial fertilizer ingredient) as a strategic asset, that it had adopted a sudden aversion to foreign intrusion on major natural resource companies, or perhaps simply that Harper's Tories sought to improve their chances in the then - upcoming federal election.
Univision, the Spanish - language broadcaster that has been rapidly expanding online through acquisitions, has agreed to buy bankrupt publisher Gawker Media's assets for approximately $ 135 million, the companies confirmed on Tuesday.
Perhaps as a result of high going - in costs, PE firms are having to hold on to assets longer to wring out improvements.
That would strand utility assets on a grand scale as an increasing numbers of consumers cut the cord.
The US$ 85 billion in monthly asset purchases by the central bank have helped keep rates low and supported strong gains on stock markets.
«But while it's a hard one to call, they could put an asset test on it — meaning employee stock options would be taxed more heavily for those employees who work for big public companies with a large asset base, like the Big Five banks.
«Our other outstanding CEOs, Mary Erdoes (50), Asset and Wealth Management, and Doug Petno (52), Commercial Bank, along with our Chief Financial Officer, Marianne Lake (48), took on expanded roles last year and have played progressively more significant roles partnering across the firm in helping manage the company,» Dimon said in a statement.
And just in case the bills don't get paid, factors may also insist on a blanket lien on whatever hard assets a company does have.
Howard, 54, has already hired at least one person to work for him on initiatives in digital assets and plans to hire more.
«Bitcoin and a lot of its other virtual currency counterparts really have elements of all of the different asset classes, whether they're meeting payment, whether it's a long - term asset,» Giancarlo told CNBC on «Fast Money» Monday, live from the annual Milken Conference in Los Angeles.
Automotive Holdings Group has further grown its presence on the east coast with the acquisition of five franchised car dealerships in NSW for $ 8.5 million plus stock and assets.
Or maybe you have been running one as a sole proprietor, even moonlighting on the side, and have decided you need to protect your personal assets from those involved with your growing business.
Your best strategy would be to concentrate on the resource - driven epicenter if you want to leverage an existing partnership or your current establishment and assets.
Because a corporation can be owned, and because its assets are therefore transferrable, attributing a religion to a corporation would raise thorny questions in cases of corporate acquisitions, mergers and so on.
«The fact that you have a bankruptcy where the only asset that it owns goes up by 5,000 %, that's pretty unprecedented,» says Daniel Kelman, a lawyer and Mt. Gox creditor who spent a year in Tokyo working on the case.
In the opinion of the Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserves.
Many niche ETFs have only a few million dollars in assets under management — asset size can have a big impact on an ETF's ability to track an index and trade efficiently.
Boris Schlossberg, managing director of FX strategy at BK Asset Management, has also grown more bearish on the sector.
The oil and gas giant announced that it was unloading its oil - sands assets, for $ 7.25 billion, so that it could double down on businesses «where we have global scale and a competitive advantage.»
Enlisting a data center manager means you not only benefit from specialist IT staff without having to foot a huge payroll bill, but also means your IT assets are run safely and securely so you can focus on delivering a service or product that matters to your customers.
«I'm not going to be dismissive of the risks, but I think markets have priced them in and if anything as we look at the fundamentals of stock markets around the world, the fundamentals of European equities right now are I think significantly better than they are for the United States,» said the managing partner of Triogem Asset Management and global investing expert on CNBC's «Fast Money.»
Focusing on «culture fit» alone makes it difficult to hire and welcome employees who are different than the prevailing culture, even if they'd be an asset and great counterbalance at your company.
It's expected to be a noisy quarter for bank earnings in general, thanks in part to the tax law, which has caused many banks to book losses on repatriated cash and deferred tax assets that declined in value.
And in a joint letter to the SEC, three executives at T. Rowe Price, which is listed on Nasdaq and manages $ 860 billion in assets, said an increase in competition at the end of the trading day would come at a great cost.
Plank had originally landed his company in hot water after praising Trump as «an asset» in a CNBC interview on February 7.
The two countries are working toward an agreement that would see American clients declare assets and pay tax, though the U.S. is unlikely to accept Switzerland's insistence on keeping those clients anonymous.
What that means is that you are in an environment that is going to have further trouble in terms of investment returns that are in areas that are based on economic growth and areas that do relatively well like bonds... Broadly speaking, I think that investors should be looking for lower prices on most risk assets in these developed countries with the exception of Japan.»
We note that some investors have called into question Valeant's ability to execute on its commitment to sell assets and subsequently we believe this will mitigate this concern.
In addition to the difficulty that many potential business owners face in accessing capital, aboriginal people have unique challenges to securing financing including legislation prohibiting the use of on - reserve assets as collateral, lack of local financial institutions to work with, and lack of access to angel investment or venture capital.
Soon after, Kallop — a big spender whose recent acquisitions have included at least seven yachts, eight residences, and three jets — ran short on cash, leading him to lay off employees and try to sell assets.
Billionaire investor Stephen Jarislowsky, whose firm manages $ 35 billion in assets, wrote an op - ed for the Financial Post that says higher taxes on capital gains would, «hammer another nail in the coffin for Canadian investments, particularly at a time when our economic outlook is already relatively weak.»
• Jianpu Technology, an asset management platform based in Beijing, China, has filed for an IPO of $ 200 million.The company posted revenue of $ 52.6 million in 2016 on loss of $ 26.9 million.
«The banks have no interest in financing small business unless they are 100 % secured on company assets, personal insurance and guarantees,» said a Bank of Montreal client based in Saint - Laurent, Quebec.
On top of the risk of federal prosecution, IRS targeting and asset seizure, cannabis entrepreneurs have to cope with the hazards of conducting a business that deals mostly in cash, since a majority of traditional financial institutions — banks, credit card issuers, and payment transaction companies — won't provide services to the industry.
In a separate decision on Monday, a judge ruled that a lawsuit calling for Mr. Najib to return the money that had been transferred into his personal account, and for seizure of his assets around the world, could move forward.
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