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Central Pennsylvania receives over a foot of snow - Vimarsana News

Central Pennsylvania receives over a foot of snow

Waynesboro Record Herald Franklin County and parts of central Pennsylvania are still digging out from the winter storm that dropped an average of 1.5 feet of snow in the Cumberland Valley.  According to Barry Lambert, a meteorologist with the National Weather Service in State College, Waynesboro received 12.9 inches of snow while Greencastle, just down Route 16, topped out at 14 inches.  Other locations in the area reporting significant snow totals are Fort Ritchie, Maryland, with 24.8 inches of snow, Shippensburg with 15.2, Newville with 16.3 and Carlisle with 11.4 inches of accumulation...

ASX rises 1pc as private equity moves on Bingo - Vimarsana News

ASX rises 1pc as private equity moves on Bingo

ASX rises 1pc as private equity moves on Bingo Share Australian shares gained more than 1 per cent on Tuesday, more than recovering the previous session's losses, dominated by surging interest in private equity takeover target Bingo Industries. The S&P/ASX 200 Index added 79.6 points to 6,742.6. The All Ordinaries advanced 1.15 per cent to 7,015. Bingo on Tuesday confirmed privatisation rumours revealed by The Australian Financial Review's Street Talk column late on Monday. It is considering a conditional $3.50-a-share cash buyout proposal from a consortium led by private equity group CPE Ca...

Source: afr.com
CountPlus sets out to fill the big banks' wealth vacuum - Vimarsana News

CountPlus sets out to fill the big banks' wealth vacuum

CountPlus sets out to fill the big banks' wealth vacuum The ASX-listed wealth manager has amassed a $50 million war chest to acquire small firms, doubling down on one of Australia's most problematic sectors. Share On face value, a suburban accounting or financial planning business might not seem like a hot investment. It's an industry that equity researchers at stockbroker Wilsons note offers annual growth of between just one and 3 per cent. But more pertinently, it has become one of the most highly regulated and scrutinised corners of the economy. The corporate regulator, ASIC, banned 22 ind...

Source: afr.com