Hints and tips:
...Sure, a CCC-rated PIK bond looks better than a defaulted bond in your portfolio. But, as S&P puts it when explaining why U.S....
...ArtFi 2024-1’s prospectus has further detail on the collateral backing the deal, which it notes can include “fine art, collectibles, design furniture, coins, books, jewelry, watches, wine or other spirits...
...In last night from the SEC: The Securities and Exchange Commission today [Thursday] announced that Skechers U.S.A....
...As a paper published a year ago noted (Alphaville’s emphasis below): We use recent exchange-related developments to identify option trades that originate from retail investors, and find that more than 75%...
...One of the AFR100’s core principles was that native grasslands should not be converted into forests, said the World Resources Institute, which is a technical partner of the project....
...A recent paper brings this tricky epistemological problem into the politically thorny realm of leadership diversity....
...I do not know whether Gordon has had a chance to reappraise his technological pessimism. But Cowen’s U-turn is striking....
...While there has been a lot of talk about so-called tech decoupling in recent years, I’ve witnessed first-hand how intertwined the U. and Asia tech worlds are — Silicon Valley’s interest in China and Chinese...
...French and Fama responded to this just before Christmas, in a paper we spotted last week thanks to Robeco’s chief quant strategist Pim van Vliet. The title — Production of U.S....
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
...Instead of getting about $34 per share, Spirit equity holders have a piece of paper trading for $6. Adding to the anguish, Spirit directors had a choice in 2022....
...Here’s a chart looking at the waning outperformance of all 39 different categories that S&P DJI tracks — across both equities and fixed income....
...The co-founder of Binance “plans to step down and plead guilty to violating criminal US anti-money-laundering requirements, in a deal that may preserve the company’s ability to continue operating,” the paper...
...Monday’s letter drew on a recent Dallas Fed paper to explore the link between the money supply and inflation....
...The U-turn puts S&P at odds with debt rating rival Moody’s, which still rates ESG criteria on a one to five scale. S&P is influential, with debt ratings that can affect a company’s borrowing cost....
...No doubt, a group that meets all three criteria is wheezing. But a glance at the paper’s appendix shows that the US is a rather different story than the rest of the developed world....
...The price has been pushed up by F1’s booming popularity in the US, and also the sport’s new spending caps that have put a lid on costs....
...At Goldman we knew a lot of about variance swaps, given Derman’s paper. So as we talked we thought, well gosh, what if the Vix was the level of a variance swap, and then you could trade a future on it?...
...Keep in mind the results of Hendrik Bessembinder’s famous papers about where returns come from....
...(when the U.S....
...“There is a thirst for new paper, and you’re not getting that through new M&A,” says Muthukrishnan....
...An investor opposed to the deal, Energy Income Partners, pointed out that this position was a U-turn from a bullish management outlook offered as recently as 2022....
...The conclusion (across the majority of the syndicating banks) which managers claimed in credit papers was that a directory listing was a small charge for businesses — so why would they cancel it?...
...The S&P 500 is often used as the default comparison because of its ubiquity, but, in reality, it’s a poor benchmark for private equity returns given how top-heavy it is....
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