Hints and tips:
...“The company’s credit metrics were extremely weak in 2023,” S&P said, estimating that Atos had adjusted leverage of 10 times and cash burn of more than €1bn....
...Shares in Atos, which said S&P’s move would have a “negligible” impact on its interest expenses at roughly €6mn a year, fell more than 6 per cent on Tuesday morning....
...S&P has also downgraded Atos, saying that delays and uncertainty in the Křetínský deal and debt negotiations increased liquidity risks for the company....
...Blackstone in September became the first private equity group to be included in the S&P 500 index and its rivals Apollo Global and KKR are hoping they are not far behind....
...Earlier this month, rating agency S&P downgraded Casino, saying “a default, distressed exchange, or redemption appear inevitable within six months, absent unanticipated and significantly favourable” changes...
...Reporting by Robert Smith, Sarah White, Arash Massoudi, Leila Abboud, Adrienne Klasa, Barney Jopson and Ivan Levingston....
...Credit analysts have doubts that Rallye can make the payments, and S&P downgraded Casino’s long-term debt to CCC+ in October....
...Goldman’s stagnant revenue mix has meant that, although its share price has outpaced the benchmark S&P 500 index under Solomon as its profits have grown, the company’s price-to-book ratio, which compares...
...The S&P 500 index of blue-chip US stocks fell 19.4 in 2022, while bond markets also turned negative, challenging fund managers seeking to eke out returns in volatile conditions....
...The fund ended 2022 down 10 per cent, according to people who have seen the numbers, compared with a 19 per cent decline in the S&P 500....
...Its share price has fallen 17 per cent on a total return basis in the past year, slightly ahead of the 18 per cent average for the S&P 500 index for the asset management industry....
...in four decades, putting upward momentum on wages, a number of asset managers are clamping down on expenses to protect profit margins, Major stock markets have endured a tough year so far, with the S&P...
...The S&P 500 rose 10.37 per cent over the same period....
...Commodity prices have soared this year as pandemic supply chain disruptions were compounded by a squeeze on oil and gas supplies over the winter, pushing the broad S&P GSCI index in March to its highest...
...The rating agency S&P Global said it welcomed dialogue between policymakers and ESG product providers....
...It doesn’t change the fact that we need to address the climate challenge that impacts the vast majority of the world’s population and resonates far beyond the S&P 500.”...
...Shale producers dominated the list of best performers on the S&P 500 last year....
...distance is a 0.3 per cent stake in Pfizer held by Canada’s BMO Global Asset Management, worth $1.04bn, while Achmea’s largest pharma holding is a 0.01 per cent stake in J&J valued at $41.1m, according to S&P...
...The blue-chip S&P 500 index fell 0.1 per cent as trading started in New York, while the tech-focused Nasdaq Composite was flat....
...The Stoxx 600 lost 3.4 per cent in September, while the S&P 500 was down 4.8 per cent....
...At the start of the year, the S&P 500 was trading at 22.7 times projected profits over the next 12 months....
...Analysts at Goldman Sachs said this week they expected the S&P 500 to gain a further 7 per cent by the end of 2021, on top of the 17 per cent rise so far....
...The blue-chip S&P 500 finished 0.6 per cent higher in New York, marking a new closing record level, despite having pushed slightly higher during the trading day a week ago....
...The S&P 500 rallied 0.3 per cent, notching its third straight day of gains and marking a fresh high....
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