Hints and tips:
...Over the past 18 months it has spent about $2bn on buying companies such as SurePrep, Casetext and Pagero, a global e-invoicing and tax solutions business....
...In the three months to mid-February this year, Juul accounted for 26.5 per cent of US e-cigarette sales, down from 34.3 per cent a year earlier, according to a Cowen analysis of NielsenIQ data....
...June 15-17, sonar.es Arena di Verona Festival, Italy Few things rival sitting in the evening air inside this vast Roman amphitheatre, and this year there’ll no doubt be a special charge to the experience...
...Andrew Teno, Icahn’s nominee for a board seat at the world’s biggest gene sequencing company, won a shareholder vote at the company’s annual meeting on Thursday, while Thompson was unseated....
...Izzy Englander’s $48.5bn-in-assets Millennium Management gained 23.3 per cent, while Connecticut-based Verition Fund Management made 26.5 per cent....
...Thank you for reading Business School Briefing and have a great week — Wai Kwen Chan and Andrew Jack....
...Andrew Lapthorne of Société Générale sees it like this too....
...From UBS Wealth chief investor Mark Haefele’s note on Friday (my highlights): Today, after a 26 per cent derating over the past 12 months, the S&P 500 trades at a trailing price-to-earnings (P/E) ratio...
...Additional reporting by Andrew Edgecliffe-Johnson in New York...
...Andrew Jack, global education editor and FT Health founder, says: Even as policymakers cope with the continuing demands of coronavirus, they need to focus on two areas....
...Take out the big technology stocks and US’s median trailing p/e slips to 26 times....
...Moral Money checked in with chief executive Emmanuel Faber ahead of Danone’s June 26 annual meeting, which is expected to approve its new “entreprise à mission” status....
...A great white for the table.£26.95 Perfect Cellar Trimbach, Sélection de Vieilles Vignes Riesling 2017/2016 Alsace 13.5%/13%The 2017 is more concentrated, the 2016 more mature....
...Andrew Gillick, strategist at consultancy Enverus, said the market would only reward deals that “extend the runway” of drilling locations, maintain or lessen debt, and involve limited premiums....
...Last month, however, A&E attendance overall fell almost 30 per cent compared with the same time last year, to 1.5m visits....
...The e-brokers have statements stressing that options trading entails significant risk and is not appropriate for all investors, directing people who want to learn more to a 26-year-old paper — last updated...
...), our EBITDA forecasts fall by 26%, 23% and 12% for 2020e, 2021e and 2022e...
...WHAT TO READ Artists Who Make Books Edited by Andrew Roth, Philip E Aarons and Claire Lehmann (Phaidon)...
...The international climate negotiators who failed to hammer out an international carbon pricing regime in Madrid in December will get another chance at COP 26 in Glasgow this year....
...Watches of Switzerland’s online sales grew +46% in the last six weeks of the financial year (end April 26). This positive momentum continued into Q1, when UK e-commerce sales grew +79% yoy....
...First and foremost, today’s news increases upside risk (i.e., tighter spreads) relative to our forecasts....
...Melrose’s share price is –49% on a 1M basis vs. the sector –26%. Despite the challenging trading backdrop, we expect Melrose to remain comfortably within covenants....
...We would suggest that the spirit of the above, as our FT colleague Andrew Hill also pointed out here, should be applied to critiques of government coronavirus policy....
...It also compares to listed peers such as Rathbones on c.15x P/E and SJP (a higher quality business in our view) on c.19x P/E....
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