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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
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...London Stock Exchange Group’s shareholders have backed a proposal to double the pay of its chief executive to a maximum possible £13.1mn, making David Schwimmer one of the top-paid FTSE 100 bosses....
...EY also last year rejected a proposal from US private equity group TPG to break up the firm globally and take a stake in its consulting business....
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...Apple was the only gainer in the Magnificent Seven group of big tech stocks. Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
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...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
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...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...The S&P 500 was headed for a record closing high as traders assessed US inflation data that unexpectedly increased last month....
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...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
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...The latest group exercise combining cardio and strength has become popular among professionals and a new generation of chief executives keen to promote a clean lifestyle and instil healthy competition among...
...Companies to have defaulted in February included US ferry and cruise operator Hornblower, US software group GoTo and UK cinema group Vue Entertainment International....
...The S&P 500 eked out a new record high on Friday as a broad rally outweighed a dip in tech groups. The benchmark index rose by less than 0.1 per cent, with two-thirds of companies advancing....
...Today’s big read Two years on from the Great Resignation, when a roaring jobs market and the effects of the pandemic encouraged swaths of the workforce to switch employers, attrition in the professional...
...and private equity groups....
...The founder of the accounting firm hired by Donald Trump’s social media group has used 14 variations of his name in filings with the industry regulator, far more than any other US auditor, according to a...
...Under 5 per cent of UK-listed groups combine the roles. Germany has banned the practice, though there is now a debate over whether former top executives should join supervisory boards....
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