Hints and tips:
...Email: stuart.kirk@ft.com; X: @stuartkirk__...
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...A couple of weeks ago Stuart Kirk proclaimed in his FT Money column: “Active management is a sham”. As I have managed active equity funds for the past 23 years, I thought I should reply....
...Your Big Read (April 20) on the 2000 accounting standard FRS17 reported that putting pension deficits on company balance sheets was a major reason why private sector defined benefit pension schemes either...
...Redex Research analyst Kirk Boodry estimated that losses continued to pile up in the quarter to the end of June, adding scrutiny to SoftBank’s high level of standalone debt, which he said nearly doubled...
...“Banks will miss a bonanza,” Kirk argues. “Moral high grounds invariably crumble.” Kirk’s argument is sound. But I humbly posit a different viewpoint....
...But Shirai notes that a surprisingly strong wage increase of 3.6 per cent last spring only translated into growth in average cash earnings of 1.3 per cent between April and December....
...He arrived in April 2023 as chief executive of JPX with a decade of running markets....
...On cloud infrastructure: “I guess Larry, can you sort of double-click on OCI . .. ” Stewart Kirk Materne III, of Evercore, on the Oracle September 2021 call....
...The company had issued a prospectus in April....
...He says the “unflappable” Liew is the Spock to Asness’s Kirk, and their relationship is “a 30-year dance I’ve gotten to watch”....
...The Argentine-born chief executive spent April in mainland China meeting officials in Beijing, Shenzhen and Guangzhou....
...Kirkbi may have begun shuffling assets faster as it prepares to usher in new chair Thomas Kirk Kristiansen next spring....
...SoftBank’s unprecedented spew of red ink in the April-to-June quarter sent shares in the company 8 per cent lower during Tuesday trading, as investors weighed whether, without a rebound in global tech stocks...
...Economists surveyed by Refinitiv expect a monthly increase of 0.6 per cent for April....
...Starting on April 4, unvaccinated staff who are coming into the office will no longer need to be tested for Covid-19....
...If such a serious wage hike is in prospect, it would also coincide with the change in BoJ governorship when Kuroda’s term expires in April....
...From April 1, six SEB funds were allowed to invest in the defence sector....
...“SoftBank has been touting [the] Vision Fund’s IPO flywheel, and four of the last six listings have been Chinese, but that will fade as the reality of China’s crackdown sinks in,” Kirk Boodry, a tech analyst...
...Then there’s Vincente Minnelli’s The Bad and the Beautiful (1952), which stars Kirk Douglas as unscrupulous producer Jonathan Shields....
...For the April to June quarter, SoftBank reported a net profit of ¥1.25tn ($12bn) compared with a net loss of ¥1.4tn in the previous quarter....
...As a result of the WeWork losses, SoftBank said it now expects a net loss of ¥900bn for the fiscal year that ended in March, compared to a ¥750bn loss projected in mid-April....
...I should mention that Tata has pledged full pay to its non-staff temporary workers and daily wage earners for March and April whether they can make it to work or not....
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