Hints and tips:
...Standout performers last year included Sir Christopher Hohn’s TCI, Ken Griffin’s Citadel and Andreas Halvorsen’s Viking....
...What is the trailing P/E ratio of the top-10 stocks in the S&P 500 today? They are more overvalued than the top-10 were in the tech bubble....
...And Sir Christopher Hohn’s TCI slipped from ninth to 14th as it lost $8.1bn, wiping out much of the $9.5bn it made for investors in 2021....
...Triple-C bond indices (featuring bonds that are “currently vulnerable and dependent on favourable . . . conditions to meet financial commitments” in S&P Ratings’ words) yield only 115 basis points more than...
...Christopher Pissarides: No....
...S&P predicted AMC would run out of cash within six months as it burns through more than $100m a month. The agency downgraded AMC’s credit rating two notches to triple C minus last month....
...to the crosswords The following people are winners of the Monday and Saturday puzzles Crossword 16,425: Bill Stewart, Leicester; R Harpur, Herefordshire; Martyn Abbott, Lincolnshire Polymath 1,065: P...
..., which equates to c$1.4bn per annum....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...At Brent USD40/bbl, the sector FCF yield will still be at c. 3-4%, while balance sheets are strong....
...That likely keeps the Canadian dollar camped near the C$1.30 barrier for now....
...But the most compelling speaker was a young, intense man called Christopher Cole of Artemis Capital Management....
...The corporation change also opens share ownership to foreign investors, says Christopher Schenkenberg, a tax partner at Grant Thornton....
...The M came off first, then the P. Soon the T, R and U were gone too....
...Burberry also said its targeted cost savings were £20m in the full year and will increase to c.£50m next year and at least £100m annualised by 2019....
...the time-withered loveliness of petals is being nurtured by creative director and Shrimps collaborator Matilda Goad, who sells boxed botanical specimens, and the collage artist Kate Goodrich, known as @p_r_e_c_i_s...
...Jean C. Nives Rodriguez, 27 Rodriguez, originally from Puerto Rico, was a car fanatic, according to local media....
...In a note last month, S&P said the Hinkley Point C project “could negatively affect the group’s business risk profile and potentially its cash flow trajectory”....
...Yet, as Sir Christopher Gent made his farewells after a decade in the chair, the sense of upheaval was almost as strong as the political convulsions unfolding across Parliament Square....
...Here is P Diddy explaining why it’s all about pieces of paper with a picture of Benjamin Franklin on them: Dr Dre (Andre Young) ($550m) The chief executive and founder of Aftermath Entertainment and Beats...
...Most investors appear to share his optimism: the S&P pharmaceuticals index is up 29 per cent in the past year. So why are some people unconvinced?...
...The index, as Christopher Wood of CLSA points out, is also trading on a cyclically adjusted p/e ratio or Cape – a measure which is based on the average of the last ten years’ earnings – of 25 times....
...(Financial Times) OVERNIGHT MARKETS: DOWN Asian markets Nikkei 225 down -21.61 (-0.17%) at 12,327 Topix down -1.48 (-0.14%) at 1,039 Hang Seng down -29.44 (-0.13%) at 23,061 US markets S&P 500 up +5.04...
...Debt includes bank loans and bonds and is drawn from public information collated by S&P....
...The words, he insists, were intended ironically, as a counterpoint to the old “state of England” literary genre, by the likes of C.P....
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