The first installment of this two-part article by Will Hastings, research analyst manager at PTC. Software as a Service (SaaS) adoption has reached a tipping point in the product lifecycle management (PLM) and computer aided design (CAD) markets. The first installment of this two-part article probed the hypothesis that the COVID-19 crisis could be a […]
Archives for August 2020
Treasury yields move higher as investors await housing data
U.S. government debt prices were lower on Tuesday morning as traders awaited for a key speech from Federal Reserve Chairman Jerome Powell later this week. At around 1:50 a.m. ET, the yield on the benchmark 10-year Treasury note rose to 0.6607%, while the yield on the 30-year Treasury bond jumped to 1.3623%. Yields move inversely to prices. Investors were monitoring […]
‘Pension Dashboard forecasts will cost millions’
Former pensions minister Steve Webb has warned that pension schemes and providers could face a multi-million pound extra compliance bill if individual retirement income forecast are included in Pension Dashboards. The partner at consultants LCP said that despite government assurances to the contrary the potential addition of individual pension forecasts for each scheme could push up costs […]
Financial Planning – Tips For Every Generation
Financial planning is relevant as well as vital for all the age groups. So, whether you hire a professional to do it for you or you prefer to do it yourself, we are giving you the tips for financial planning for every generation. This will either help you talk to your financial planner or will […]
Peter Thiel-backed workplace app Asana files for direct listing on NYSE
Workplace appAsana on Monday unveiled plans to list its shares on the New York Stock Exchange through a direct listing, adding to a growing number of tech companies debuting this year. Asana, which was last valued at about $1.5 billion and counts Silicon Valley billionaire Peter Thiel among its largest backers, had confidentially filed to […]
Alibaba has no role in Snapdeal’s governance, ops: Co-founders Kunal Bahl & Rohit Bansal
Chinese e-commerce giant Alibaba holds less than 3% stake in Snapdeal and has no role in its operations or governance, the ecommerce company’s cofounder and CEO Kunal Bahl said. In an exclusive interaction with ET’s Aditi Shrivastava & Alnoor Peermohamed, Bahl said both domestic as well as foreign companies are expected to abide by India’s […]
Xero acquires Waddle to help improve small business cash flow
Today we’re excited to announce the acquisition of Waddle, a cloud-based invoice lending platform. Waddle helps connect small businesses to invoice finance, a form of secured lending that relies on a business’s unpaid invoices. The acquisition of Waddle is an important step in our strategy to grow Xero’s small business platform and to help our […]
Embark expands despite pandemic – Accounting Today
Embark, a Dallas-based financial advisory and consulting firm that also performs accounting services, has expanded to Phoenix and Salt Lake City this year in the midst of the novel coronavirus pandemic. The firm was founded in 2010 and has grown considerably in recent years. It made the Inc. 5000 list of the fastest-growing companies for […]
Sanctuary gains ex-Merrill Lynch team with $530M
Sanctuary Wealth signed an ex-Merrill Lynch team that managed $530 million in client assets, according to the firm. The Longo Group is Sanctuary’s first partner firm based in New Orleans, and is led by advisor Ted Longo. He built his 34-year career at Merrill Lynch, according to FINRA BrokerCheck records. He also opened Merrill’s office […]
Final regs. address new dividends received deduction and reporting rules
The IRS has issued final regulations that limit the deduction for certain dividends U.S. persons receive from foreign corporations under Sec. 245A and govern the exception to Subpart F income under Sec. 954(c)(6) for certain dividends received by controlled foreign corporations. The regulations also cover information reporting under Sec. 6038 to facilitate these rules. The […]