Hints and tips:
...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....
...After a bout of choppy trading that briefly dragged stocks into negative territory, US equities rallied to close higher....
...Nevertheless, in the past two years, CoreSight and CyrusOne have slightly underperformed the S&P 500. Another newly-listed data centre company, Cyxtera, has flatlined in its short time of trading....
...Ursula Burns became the first black woman to run an S&P 500 company in 2009 when she was named chief executive of Xerox, a position she held until 2017....
...(BMO economists estimate annualised growth at 4.5 per cent from a prior 5.9 per cent pace.)...
...Cash is >£30m and GAW will look to reduce cash burn and have funding lines in the short term....
...Meanwhile, activity in Europe decreased to 48 campaigns, down from a record 57 in 2018. 20 per cent of activist board seats went to female directors, compared to a rate of 46 per cent for all new S&P 500...
...(There is an Allied Cigar Corp of Toronto but it appears to be a corner shop.) If you know more than us, let us know via the comment box or via whichever method you choose....
...Undurraga, one of Chile’s oldest wine producers, is currently on a roll — as evidenced by this perfumed but substantial wine from the classic red-wine region just outside Santiago. 14% Goisot, Corps de...
...“It’s one thing to buy insurance on my neighbour’s house, it’s another to burn it down, it’s a third thing to collect money on insurance and another thing to be welcomed at my neighbour’s table.”...
...“The fractured basement concept still needs to be proven in the North Sea with long-term production data but the signs are encouraging and there are now fewer funding roadblock[s],” said BMO....
...US equities took a sharp turn lower at the start of trading on Tuesday, driven by a fall in healthcare stocks after Amazon, Berkshire Hathaway and JPMorgan announced plans to create a company with the aim...
...Medical equipment company Edwards Lifesciences led gains in the S&P 500 on Wednesday as healthcare extended a running that has made it the third-best performing sector this year....
...Nonetheless, Ian Lyngen, a strategist at BMO Capital Markets, noted that the ISM implications were muted: “The manufacturing sector hasn’t been a driver of employment for decades,” he pointed out....
...They have fallen by a third this year, but since hitting a 13-year low of S$0.112 in September have rallied about 80 per cent....
...A round up of some of 2016’s most significant corporate events and news stories....
...Total debts rose nearly $850bn last year to $6.6tn, a separate report from S&P showed, which put overall cash levels in the US at a slightly higher $1.8tn....
...The rally in energy stocks helped US markets rebound on Thursday, following a tumultuous session the previous day, although they lost some of their gains in later trading....
...The outflows accompanied a tough and volatile week of trading in global equity markets, with the benchmark S&P 500 tumbling into a technical correction — falling more than 10 per cent from its cycle peak...
...(WSJ, FT, Reuters) Saudi Arabia burns cash The country’s foreign reserves havefallen by $36bn, or 5 per cent, over the past two months....
...US stocks eked out gains following a choppy trading session in Europe. The S&P 500 climbed 0.9 per cent to 1,904.02 while the Dow Jones Industrial Average gained 0.1 per cent to 16,399.67....
...Connie Maneaty, an analyst at BMO Capital Markets, said Clorox’s Venezuela business was a very small portion of the company but that it had a larger exposure to the country’s economic issues compared with...
...at Ontario Hydro Director of sales and trading staff in derivatives products at Nesbitt Burns (now BMO Nesbitt Burns) Founder and chief executive of Phoenix Research and Trading 2001 Joins Ontario Teachers...
...Both companies hold triple B minus ratings with S&P, its lowest investment grade. S&P analysts said a takeover by Reynolds could more than double the company’s leverage ratio....
...The budget impasse in Washington weighed on investors, with 370 of the S&P’s 500 stocks trading lower....
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