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...But these early-pandemic winners have collectively shed more than a third of their total market value, the equivalent of $1.5tn, since the end of 2020, Financial Times calculations based on Bloomberg data...
...Hundreds of locals who converged on the facility to assess the damage found a scene of devastation, with collapsed masonry, piles of shattered concrete and gaping holes in the hospital’s charred walls....
...Consumption peaked in 2015 at 1.84mn tonnes as Greek yoghurt exploded in popularity. That figure fell to about 1.75mn tonnes last year. Yoghurt fatigue is one problem. The market has too many choices....
...I mean, I like Ally Financial too, but $1bn of its shares is 1/1000th of Berkshire’s assets; I’m not sure why they bother. Admittedly the field of choice is small on the stocks side....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Adjusted earnings before interest, tax, depreciation and amortisation rose 82 per cent from the same period a year ago to a record $1.4bn, beating analysts’ forecasts of $1.3bn....
...Family Dollar, which caters mainly to low-income urban customers, reported a 1.2 per cent decline in same-store sales during the fourth quarter....
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
...Berkshire has a lower volatility (beta) than the market (somewhere around .7 to .8, where the market volatility is 1)....
...Pre-tax profits at Geico more than doubled from a year ago to $1.93bn....
...That kind of thinking might explain the Cybertruck, though even it barely merited a mention beyond a guide that production’s running at 1,000 per week....
...The vaccine maker has undertaken a $1.1bn cost-cutting drive in the past year to stave off a possible bankruptcy and has faced pressure from an activist investor for a board shake-up....
...*While ArtFi 2024-1 has a “series scheduled maturity date” set at the end of 2031, its prospectus explains that the final repayment date is “expected to be earlier” than this (and “could be significantly...
...Around $1.2tn of fresh global private capital was raised in 2023, according to Preqin. Sure, this is less than the $1.5tn in 2022 or the $1.7tn of 2021. But still, 1.2 TRILLION DOLLARS!...
...Tuckwell said in a statement issued on Monday that he believed WisdomTree was currently worth between $2.1bn and $3bn, well above its current market value of $1.4bn — and called on WisdomTree’s board to...
...Lambeth Council, which granted permission, has agreed that 1 per cent of the attraction’s annual turnover will be paid to the maintenance and management of the public area surrounding the site....
...Jupiter, a FTSE 250 fund manager, said net customer withdrawals in the first three months of the year amounted to £1.6bn — nearly 80 per cent more than the same period a year ago....
...The lion’s share of that fee — about $1.80 — goes to the bank that issued the credit card that is being used....
...Total US revenues were up nearly 56 per cent between January 1 and March 17. At the end of 2023, its share of the sports betting market stood at 53.4 per cent. Of course, much can still change....
...If you put $1,000 into a stablecoin, the operator should invest it in an asset such as Treasuries but it, not you, will pocket the yield....
...Tesla, which sank more than $2bn on building a gigafactory in Shanghai in 2019 and now has 1.6mn cars on Chinese roads, could contribute to reversing the trend....
...After a period of divestments, GE conducted a reverse 1-8 split. Ditto, in the UK, Melrose’s 1-3 share consolidation last year. Then again, plenty of US companies also spurn splits....
...Diluted earnings per share in the quarter were $1.53, compared with consensus estimates of $1.50, up from $1.52 last year. Gross income was $23.6bn, above consensus estimates of $23.2bn....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...The delistings came after China’s powerful internet regulator and the Ministry of Industry and Information Technology set a deadline of April 1 for apps operating in China to formally register with the government...
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