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.