Hints and tips:
...Inflation, which reached 3,000 per cent in 1989, last year hit a three-decade high of 95 per cent....
... Wizz Air - Reiterate as OW (Dec-20 PT of €41.5): We continue to see Wizz as a core holding for European airline investors....
...The move is the latest example of investors joining forces to hold companies to account on a range of ethical issues, from human rights to labour rights and gun control....
...But for Chinese investors, the upsides to investing have been clear....
...So, it’s worth noting three things in this edition of Swamp Notes. First, Tuesday is Google’s 20th birthday....
...Shares of the Springfield, Massachusetts-based company fell by their greatest rate in more than two years as investors digested weaker than anticipated sales in the three months to the end of July....
...It reminds us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...* Controlling GPA has far more appeal than the alternative – a 29 per cent stake in a new holding company, “Novo Pão de Açúcar”, 38 per cent of which would be held by three rival investors: Diniz, the...
...TPG’s fund V, the people familiar with it say, is still being hampered by losses on holdings including Energy Future Holdings, the former TXU....
...If those packages of debt turn bad – or even worse than they had already been reckoned to be – that would hit the investors that are holding them hard....
...Best regards, Andrew Lahde, CFA Portfolio Manager Lahde Capital Management, LLC...
...Blackstone is trying to put a good face on all this: by announcing the closure to new investors of its $21.7bn fund, V – the largest ever – and by claiming the market reversal plays to its strengths by reducing...
...The prince, who has substantial stakes in the three hotel chains – and also owns the Savoy in London and 25 per cent of the George V in Paris – launched a $3.2bn bid for Fairmont last week with Colony Capital...
International Edition