Hints and tips:
...Centcom said the missile that hit the True Confidence was the fifth the Houthis had fired in recent days....
...Stocks with low P/E ratios relative to their expected growth rates are rare....
...Among its past investments are the Chuck E. Cheese restaurant chain....
...Earlier this year, Shutterstock added text-to-image generation to its website using a version of OpenAI’s Dall-E 2 tool....
...To start with, they represent a fifth of the S&P 500, with a market capitalisation of $7tn. As they go, the market will (largely) go....
...Twelve of them have lost a fifth or more of their value in the past 12 months. This is a change: a year ago, none of the stocks in the index were nursing such big declines....
...Partial exits from the Indian ecommerce company Flipkart, music streaming service Spotify and e-cigarette start-up Juul contributed proceeds, according to the letter....
...The company ranks as the fifth-highest returning hedge fund of all time, according to an annual ranking by LCH Investments....
...Both venues, which account for just under a fifth of the US market, are now owned by CBOE Global Markets....
...Mr Tepper rose from fifth place a year earlier and more than doubled his pay....
...The telecoms sector trades at a low forward price-to-earnings ratio of 10.2 times, according to Jeremy Zirin, strategist at UBS, while he estimated the forward P/E of the communication services to be 18.6...
...The deal provides the retailer, which also owns the luxury department store Saks Fifth Avenue, with a capital injection that will help it cut its debt burden....
...The company provides ride-hailing, food delivery and e-payment services....
...The move – which will it reduce its workforce further and close certain corporate offices and stores including its flagship Polo store at 711 Fifth Avenue – is part of the Way Forward Plan that was the brainchild...
...[Noor, the fifth subject, who is from Pakistan, had been unable to come to the studio to see her portrait.]...
...Other US deals have also done well, with rival e-retailer JD.com rising a quarter and appmaker Cheetah Mobile up 40 per cent....
...These passport schemes are expected to reduce the popularity of European Ucits funds among Asian retail investors, who currently account for roughly a fifth of the $5tn invested in Ucits funds globally....
...China’s e-commerce giant Alibaba conducts 200m transactions per week in the world’s fastest-growing e-commerce market....
...E*Trade has turned to a former top banker at Barclays to turn round its business, naming Paul Idzik as its fifth chief executive since 2007....
...US stocks recorded their fifth straight negative session, as the window for a fiscal cliff deal before year-end narrowed with the passing hours....
...Before it was replaced in favour of E&Y ShinNihon in May 2009, KPMG Azsa had objected strongly to the company’s plans to account for acquisitions that Olympus has since admitted using as cover to dispose...
...E-mail the Lex team in confidence at lex@ft.com...
...Sina Corporation , the e-commerce and social networking site, fell 9.7 per cent to $73.23. Youku, the recently listed video-streaming website fell 18.3 per cent to $16.25....
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