Sentences with phrase «of every financial year on»

This bonus may be declared at the end of every financial year on the basis of the profits emerging from the with - profit fund managed by the Company.

Not exact matches

Earlier this year, for example, Judy Zaichkowsky of Simon Fraser University's Beedie School of Business published a study indicating that the presence of just one woman on a company's board resulted in significantly higher standards of corporate governance (which has an established correlation to better financial performance).
Two of the state's largest investment funds have had reported strong returns on investment for the 2012 - 13 financial year.
In fact, 41 percent of the on - demand workers we surveyed had faced a personal financial hardship in the past year (such as a job loss, health emergency or unexpected major expense).
But in recent years, as the Bank of Canada held interest rates to historically low levels and consumer debt skyrocketed, the federal government tightened mortgage restrictions on regulated financial institutions, including HCG.
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 much - ballyhooed bitcoin law, developed and revised by the New York Department of Financial Services and its superintendent Benjamin Lawsky over the last year, was made official on Wednesday.
Health care fraud is one of the most devastating financial crimes, siphoning billions of dollars from insurance companies and patients who spend a staggering 2.5 trillion dollars each year on health care.
Henderson - based contractor Civmec lifted profit to $ S10.4 million ($ A10 million) for the first half of the financial year, up 59 per cent, on the back of a big surge in revenue.
Despite fears about China's financial stability, UBS is positive on Chinese financials this year, its head of China strategy explained Tuesday.
In the opinion of the Company's management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes in claims and claim adjustment expense reserve levels from period to period.
«We typically don't go into this level of detail but I think it's important this quarter to give you additional color, and maybe the two most important messages are that we believe iPhone revenue will grow double - digits as compared to last year during the March quarter and also and, importantly, that iPhone sell - through growth on a year - over-year basis will be actually accelerating during the March quarter as compared to the December,» chief financial officer Luca Maestri said.
Naturally, his forecasts were derailed by a combination of a deluge in mortgage costs from the disastrous acquisition of Countrywide Financial, and years of extremely low rates that shrank the margins the bank earns on its giant loan portfolios.
Shares in the company that also owns the Taco Bell brand fell 5 percent early on Wednesday, after its chief financial officer said lingering concerns at KFC UK would contribute to the current quarter likely being «the worst» of the year.
The Insurance Commission of Western Australia increased spending on the Bell Group litigation to $ 9.6 million last financial year, while also revealing in its annual report it has applied to the Supreme Court for a single trial to cover all related matters.
End - of - financial - year specials failed to maintain May's positive tone on new car sales for Western Australia, with numbers for June down 5.5 per cent as the financial year ended with a whimper.
Queen's was one of the last schools in Canada without a major donor's name on its business department, but that changed last year with a record - breaking $ 50 - million gift from Stephen J.R. Smith, founder of First National Financial Corp. and a Queen's alumnus.
Many of the CEOs and leadership teams I have worked with over the years have fallen into the same trap: they get overly focused on selling their company to a strategic or financial acquirer or worse, going public.
PSA's full - year results beat analyst expectations of 1.9 billion euros in net income, 3.53 billion in operating profit and 64.68 billion in revenue, based on the median estimates in an Inquiry Financial poll for Reuters.
Even prior to the Trump win, a victory that signaled higher economic growth, rising interest rates, and likely less regulation, all good for financial services, Buffett had secured paper profits over 5 1/2 years of $ 6.9 billion on his preferred.
From 2008 to 2010, Milne threw himself into the world of payments, becoming an expert on the Automated Clearing House, the 40 - year - old electronic network between financial institutions that's a notoriously convoluted and complicated system.
Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of the wounds of the global financial crisis.
«Paula would have to be open to sharing a lot of personal and financial information to get the most out of it, but the mentors would basically serve as a panel of advisors on an unpaid basis for a year, to help her grow her business.»
Although «stuffed with fluff,» Pooh Bear might have had a larger impact on American pop culture, but it's The Richest Man in Babylon that has made a massive financial impact on untold millions of readers, myself included, over the past 89 years.
What to include: Business plans vary in length — anywhere from 20 to 50 pages — but typically cover the same topics, such as: Cover Page (essential contact information); Executive Summary (what your business does and what market need it solves); Company Overview (profile of company and successes); Industry Analysis (details about the market); Customer Analysis (who are the customers); Competitive Analysis (identify key competitors); Marketing Plan (your brand and how do you plan on getting it in front of customers); Operations Plan (daily and yearly operational processes for success); Management Team (identify key company personnel); and Financial Plans (revenue projections for three to five years).
«If you asked me this question two years ago, I would have said it's a viable strategy for some market segments, like financial services, that want to keep all of the data and applications on - prem because of regulations,» he told Inc..
Despite a mixed Friday jobs report — the US economy added only 156,000 jobs against expectations of 175,000 — the labor market has come on strong over the past few years after the financial crisis.
Iron ore miner BC Iron has fallen into the red with a net loss of $ 158.5 million for the financial year, on the back of impairments and falling commodity prices, and has declared no dividend payout.
Perth IT firm ASG Group has boasted a strong financial year on the back of growth in large - scale contracts and a tightening of its operations.
Mortgage broking wholesaler Australian Finance Group has upgraded its profit outlook for the 2016 financial year on the back of continued growth.
Diversified miner Independence Group has booked a $ 58.8 million net loss for the 2016 financial year, on the back of acquisition costs and lower commodity prices.
For the very wealthiest, of course, there's little financial downside to the likelihood of five or 10 more years on earth.
Macmahon Holdings has reported a net loss of $ 217.9 million for the financial year, on the back of impairments to its assets during what has been a tough time for contractors and mining services firms.
Iron ore explorer Gindalbie Metals has detailed a $ 586 million loss for the financial year, which was previously flagged on the back of a write - down of its 48 per cent stake in the Karara project.
Perth - based financial services group Pioneer Credit has delivered full - year profit of $ 4.6 million in its first year as a publicly - listed company on the back of strong gains in customer payments.
Euroz has halved its dividend after recording a $ 7.1 million net loss for the 2015 financial year, on the back of poor performance in its investment arm and modest profits in its stockbroking division.
Further, PDC urges you to carefully review and consider the cautionary statements and disclosures, specifically those under the heading «Risk Factors,» made in its Quarterly Report on Form 10 - Q, its Annual Report on Form 10 - K for the year ended December 31, 2016 (the «2016 Form 10 - K»), filed with the U.S. Securities and Exchange Commission («SEC») on February 28, 2017 and amended on May 1, 2018, and other filings with the SEC for further information on risks and uncertainties that could affect the Company's business, financial condition, results of operations, and prospects, which are incorporated by this reference as though fully set forth herein.
Perth IT company Empired has upgraded its revenue guidance for the financial year by $ 10 million, on the back of numerous recent contract wins totalling $ 65 million, and has more than doubled its staff since the start of the financial year.
TransferWise will book another year of profit in its latest fiscal year, the online money transfer start - up's financial chief told CNBC on Tuesday.
In an election year, the Wells scandal is a Wall Street scandal that the average American is directly connected with (almost everyone has a bank account), and it can help the members of Congress look tough on the financial industry.
In a separate report focusing on larger integrated oil companies, Moody's came to a similar conclusion — that the substantial improvement in the financial position of the oil industry over the past year is poised to slow down.
He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for «security and other services,» costing him «tens of millions of dollars» and leading to financial trouble, of which he claims to have only become aware of in March of last year.
He also thinks the board should see a full year of financials before making a decision on this.
On March 28, after a seven - year investigation, the RCMP's commercial crime section filed criminal charges against three of the firm's principals: former CEO Daniel Potter, who built the software developer into a TSE - listed firm with a market value of $ 100 million at the height of the dot - com bubble; Halifax securities lawyer Blois Colpitts, 48, a former director and the firm's legal adviser; and Bruce Elliott Clarke, a 65 - year - old former broker with National Bank Financial.
Adolfo Rodriguez, managing partner of the A / R Financial Group, has been focusing more and more on Social Security maximization over the past six years, conducting seminars for the public and for other advisors, as a service to their own clients.
Last week, a 33 - year - old former McKinsey consultant was arrested on charges of helping Iranian investors skirt the U.S.'s financial embargo.
And yet options can be a time bomb, inflicting damage in future years not only on a company's financial underpinnings but also on the fragile sense of trust between leaders and the led.
The hearing wrapped up about a half hour ago (you can watch it on C - SPAN), but Senators skeptical of his nomination questioned Gottlieb's close financial ties to the health care and biopharma industries, which have paid him millions in speaking and consulting fees over the years.
In those, the advisor backs into a price that will offer a financial buyer the prospect of earning a fat return on investment of at least 20 % over the ensuing years.
While geographical location and years of experience affect pay, the type of financial experience a person possesses has the largest impact on CFO pay.
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