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...“But that doesn’t mean that they are not committed to it . . . The rhetoric is a lot more cautious.”...
...And you know what, a lot of good people at the SEC agree with me. They won’t say it publicly....
...And its chief executive went further today in comments to the New York Times’s DealBook: “It’s quite clear to us that they don’t understand how consumers shop today and they don’t understand the dynamics...
...Along with striking a co-brand deal with CVS to offer Hyrimoz at a discounted price of $1,315 a month, Sandoz has a higher list price version of the biosimilar, priced similarly to Humira at more than $6,000...
...They’re shielded from default at the holding company and secured against a predictable and increasing revenue stream with monopoly-like market share. They were long thought to be safe....
...Will Lina Khan be left holding the bag? On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
...Aspell, whose son works at an airline, can fly for free on that carrier....
...Fast forward a few months and Hertz’s EV fleet isn’t going anywhere....
...Japan’s biggest brokerage and investment bank said on Friday that net income in its fourth quarter, which runs to the end of March, came in at ¥56.8bn ($363mn), compared with just ¥7.4bn in the same period...
...Customer shareholders benefit from discounts at a plethora of retailers and storage outfits among others. Holding Whitbread shares can get you a free breakfast in a Premier Inn....
...Handler said late on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...Suitors who are knocking at Macy’s doors have little interest in fixing its retail business. They just want to get their hands on its vast real estate holdings. Macy’s owns hundreds of its stores....
...Using today’s diluted shares (and assuming that they don’t issue more, which they will) that works out to a market cap of $181bn. Tesla’s fully diluted market cap at pixel time is still $580bn....
...“There’s been a reduction of assets that don’t have the promise to be transformative medicines....
...Smaller, highly leveraged peer 888 Holdings is looking at options to sell or exit its US consumer business as part of its latest turnaround strategy, which includes a slightly desperate rebrand to evoke....
...of refinancing at higher rates?...
...The idea is to reflect investor costs, which indices don’t, and capture the true make-up of individual portfolios....
...At the same time, there’s a silver lining to the fact that the Max 9 planes are so new....
...Investors can custody their tokens at places such as Coinbase and Anchorage while BNY Mellon custodies the T-bills....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...Sometimes it doesn’t even take a decade: journalists at the shortlived US media start-up the Messenger have already lost everything they did for the outlet, because its website was taken offline mere hours...
...Valuation, as everyone knows, provides no guidance to future returns except over very long holding periods. Sentiment has been a slightly better guide, at least recently. Look at the AAII chart up top....
...Even if [the lapses are] totally separate, you can’t say that every Max leaving the factory floor is good to go.”...
...And that wasn’t the only mini-drama....
...“But at home they have a few drinks and probably the prawn sandwiches, and they don’t realise what’s going on out on the pitch.”...
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