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CBA joins ANZ in raising investor interest rates by 0.27 percentage points

2015-07-24 13:22:51| Automakers - Topix.net

The Commonwealth Bank of Australia will increase interest rates for housing investors by 0.27 percentage points, joining ANZ Banking Group in pushing up credit costs to slow its growth in lending to landlords. The country's biggest bank on Friday said its standard variable interest rate for investor loans would rise to 5.72 per cent and fixed rates for property investors would also rise.

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Investor delighted to support cancer drug project

2015-07-23 14:13:36| Biotech - Topix.net

FUND manager Woodford Investment Management, based in Oxford, is one of several new investors in Immunocure as a result of the biotechnology firm's A 205m private financing round. The company said it would use the proceeds to accelerate its pipeline of biological drugs, which it calls ImmTACs, and which the biotech firm believes have the potential to treat solid cancer tumours.

Tags: support project drug cancer

 
 

Christopher & Banks defends itself amid investor probe

2015-07-21 14:17:00| Daily apparel & textile news and comment - from just-style.com

Christopher & Banks has defended itself against claims by investor Macellum Advisors that certain board members are involved in potential "wrongdoing, mismanagement and breaches of fiduciary duties".

Tags: banks investor christopher probe

 

Activist Investor Paul Singer Ups His Stake In The Re-Branded Fortress Biotech Inc.

2015-07-21 00:51:54| Biotech - Topix.net

According to a recent Schedule 13G form filed with the Securities and Exchange Commission, Paul Singer 's Elliott Associates L.P. owns 2.43 million shares in Fortress Biotech Inc. , which represent 5.18% of the company's outstanding common stock. This marks an increase of the fund's equity holding in Fortress Biotech of 1.98 million shares since its most recent 13F filing with the SEC for the reporting period of March 31. Elliott Management Corporation currently manages hedge funds Elliott Associates L.P. and Elliott International Limited, which together have more than $25 billion in assets under management as of December 31, 2014.

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TSMC's investor conference boosts foreign share buying

2015-07-19 09:26:50| Semiconductors - Topix.net

A net buy of shares of Taiwan Semiconductor Manufacturing Co. hit the highest among the listed companies on the main board Friday after its investor conference sparked optimism toward the chip-maker's development in advanced technology, according to the Taiwan Stock Exchange .

Tags: share conference foreign buying

 

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