Hints and tips:
...The S&P 500 rose by 0.2 per cent after federal data showed that prices increased more slowly than expected in November, putting Wall Street’s benchmark share gauge within 1 per cent of the all-time closing...
...The retitled production can now be seen in venues including the Excellence-class P&O cruise ship Arvia, and in the version offered by this movie: industrially chipper with bittersweet edges....
...This article has been amended since publication to correct a calculation relating to gearing at S&P 500 companies. Terry Smith is chief executive of Fundsmith LLP....
...Wall Street’s benchmark S&P 500 gave up its earlier gains to close 0.2 per cent lower, bringing its loss for the month to 1.8 per cent....
...P&G’s shares rose about 85 per cent during that time and the US group followed through on Trian’s demands to simplify its structure in 2018....
...The Fundsmith Equity fund, managed by Terry Smith, has been popular given its geographical spread and investment flexibility....
...Like previous winners — including Helen Fielding and Terry Pratchett — Everett received champagne, a complete set of PG Wodehouse and will have a pig named after his winning book, a nod to Wodehouse’s fondness...
...In the FT yesterday, the fund manager Terry Smith took these ugly results and ran with them, presenting an argument against ever owning bank shares....
...Even if you didn’t ask for a plant-based (non-dairy) Terry’s Chocolate Orange at Christmas, you may still be watching Veganuary with interest....
...“Terry basically said, ‘this is sandbagging — your numbers are way off,” Yeung says....
...Top-10 shareholder Terry Smith, of Fundsmith, said it had “lost the plot” after seeking to define the purpose of brands such as Hellmann’s mayonnaise....
...The S&P 500 has tumbled 17 per cent since January but growth-oriented stocks have fared worse....
...Shares in the FTSE 100 company have trailed peers such as Nestlé, P&G and even Danone in the past year. Investors such as Fundsmith’s Terry Smith can expect Unilever to continue trying their patience....
...I selected a low-fee exchange-traded fund (ETF) based on the US S&P 500....
...P&G’s shares have sharply outperformed Unilever during that period. “Activist investors will look at P&G and say: Is there a similar thing to be done at Unilever?”...
...“Nelson is actually helpful,” says a person close to P&G’s board....
...Peltz’s stint at Unilever will probably be a smoother one than at P&G, where he waged a bitter proxy battle, Lex notes....
...US earnings: ConocoPhillips, Ralph Lauren, Under Armour, Activision Blizzard and Match are among 50 companies on the S&P 500 due to report on Tuesday....
...“He talks very little but when he does he means what he says,” said BEA’s Li....
...The best of these can be found in classic tartan at Fortnum & Mason (£110, fortnumandmason.com) and in snazzier patterned terry cloth at Pendleton (£120, mrporter.com)....
...Terry Smith, the influential UK fund manager, is more outspoken....
...through a zone of uncertainty, because earnings visibility remains elusive and fresh spikes of Covid-19 are occurring in the majority of US states, delaying and even rolling back economic reopening,” said Terry...
...Dorset; T Alderson, Stevenage; Amanda Riddle, Essex Polymath 1,003: R Rutter, Shropshire Crossword 16,052: Trevor Mason, Hertford; Gareth Daves, Newport; Charles Barraclough, London Polymath 1,002: Terry...
...The $20m in annual costs to keep the floor open “are not extraordinary”, said chief executive Terry Duffy. This story was amended on 5 May to add lines from Citadel Securities...
...The upbeat data helped support US stocks, with the S&P 500 up 0.2 per cent on Wednesday morning from the previous session’s record closing high. The US dollar index rose by the same margin....
International Edition