Hints and tips:
...One writer who knew that very well was Philip Larkin – his description of a G&T in “Sympathy in White Major” (1974) is so euphonious it deserves a trigger warning: When I drop four cubes of iceChimingly...
...That one I learnt the hard way, after a missent email to the CEO of Pearson, then the FT’s parent company. Pearson’s tagline at the time was “always learning”. I certainly did....
...Glencore, British American Tobacco, DS Smith, National Grid, London Stock Exchange Group and Pearson declined to respond to the FT’s survey. A further 29 failed to respond....
...Job moves John Foley is retiring as chief executive of UK savings and investment group M&G, which has struggled to find its feet since its demerger from insurer Prudential in 2019....
...Main reports Monday Pearson; Direct Line Insurance Tuesday Continental; Standard Life Aberdeen; M&G; ITV; TP ICAP Wednesday Franco Nevada; Oracle; Adidas; Lukoil; Cathay Pacific Airways; Pirelli; Legal...
...But WPP and M&G, the fund manager owned by Prudential, entered into early talks with the vendor, Pearson, for more than the planned £90m asking price, according to multiple people briefed on the discussions...
...M&G, in our view, now screens as the next most likely defer its dividend given the reported poor flow picture YTD and that includes a de-merger special of 3.9p (M&G under pressure as investors flee flagship...
...In non-events sellside, Pearson’s down to “sell” at Berenberg, 400p target....
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...L&G stock is up 140 per cent since Mr Wilson took over....
...M&G isn’t raising new money — Prudential shareholders will in effect get an M&G share for each group share they hold....
...Bigger by market cap than IAG, Pennon, Barratt, Whitbread, ITV and Pearson....
...But WPP and M&G, the fund manager owned by Prudential, entered into early talks with Pearson. Pearson was advised by the law firm Herbert Smith Freehills and property agents Knight Frank and JLL....
...Mr Train co-founded Lindsell Train with Michael Lindsell in 2000 after leaving M&G Investments....
...Like Herbert Smith Freehills, G+T requires its lawyers to work on innovation projects....
...We help organisations, including HSBC, Nestlé, P&G, Wells Fargo and Pearson engage with their corporate alumni community....
...The Financial Times’ headquarters on the south bank of the Thames, also seen as a redevelopment opportunity, was sold by Pearson last month to the fund manager M&G for £115m — roughly 28 per cent above the...
...The building in which your correspondent sits has just been sold by Pearson, the Financial Times’ former owners, to M&G for £115m. That’s 28 per cent above the asking price....
...on Scor chief to quit as chairman (FT) Ferrero and Hostess vie for Kellogg’s Keebler cookies for about $1.5bn (CNBC) Biogen plots $5bn share buyback after Alzheimer’s drug setback (FT) Prudential’s M&G...
...There are justices who have a reputation for being particularly kind to their clerks (Sonia Sotomayor, Clarence Thomas) and justices who have a reputation for being tough (Elena Kagan)....
...Subscribe to FT Life on YouTube for the latest FT Weekend videos Photographs: Monty Don; Charlie Hopkinson; A.G....
...Started in 1988, G+T has made change an imperative, which is unusual for many businesses but particularly so for law firms. What lessons can be learnt from the G+T story?...
...And if you work for a UK-listed company, you may be able to join a Sharesave scheme (this, by the way, is how I ended up with so many shares in Pearson)....
...They have the advantage of weaker home currencies, making P&G’s market share more vulnerable....
...Sacha Sadan, director of corporate governance at L&G’s asset management arm, criticised Sports Direct and Mr Ashley for failing to appoint any new outside board members in the past five years....
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