Hints and tips:
...Over the past 10 years the size of its buyback scheme dwarfs both its R&D spend and the buyback schemes from peers, adding up to a total of $658bn, according to data from S&P Global....
...Political will for public R&D investment has materialised....
...That compares with 6.8 per cent at Volkswagen, on S&P Capital IQ estimates. Being big also means that necessary investments, in new models and R&D, are less of a drag....
...The main index in the US is the S&P 500. You can buy funds that contain all 100 companies in the Footsie for example, or 500 companies in the S&P....
...Business and consumer confidence also expanded with the closely watched S&P PMI survey indicating private sector activity grew at the fastest pace in eight months in January....
...As private sector R&D investment has fallen, the state has made up for it, and then some: Mui points out that “a lot of the elevated government investment in R&D was Covid-related, such as health research...
...Apple has invested at least $1bn in microLED R&D and even made a push into the actual manufacturing of the cutting-edge display technology....
...It’s the likes of Amazon and Microsoft and Alphabet. So they have such weight on the indices. And so the Nasdaq and the S&P 500....
...For example, the SSGA SPDR MSCI World UCITS ETF tracks the MSCI World index for an ongoing charge of 0.12 per cent, while the Xtrackers S&P 500 UCITS ETF tracks the S&P 500 index of US stocks for 0.06 per...
...According to Centerview Partners, Trian’s five-year annualised returns to September 30 were 6 per cent, trailing the equivalent of 10 per cent for the S&P 500....
...Financing numerous R&D startups is an expensive way for the government to produce a winner, but — within the usual ideological goals of long-termism and sustainability — there is less risk of creating a...
...Subscribers rose to a peak of 3.41mn in 2019’s accounts, but this figure was restated as just shy of 2mn in 2020’s accounts, and then as 1.1mn in 2021’s accounts....
...China’s pharma researchers do a lot of R&D of their own, but do not seem to produce many blockbusters....
...But how much more again comes down to whether you reckon the likes of R&D should be expensed or capitalised....
...The share of S&P 500 company chief executives with prior CEO experience grew from 4 per cent to 16 per cent between 1997 and 2019. Interestingly, this does not always produce the desired result....
...News round-up Morgan Stanley accused of duping ECB with fake Frankfurt job title (FT) S&P Global close to acquisition of research platform Visible Alpha (FT) Carlyle in talks with London airport owner...
...A crucial mark of success will be when Rolls-Royce is upgraded to investment grade by all of the rating agencies. S&P Global upgraded it to BB+ in December....
...They are probabilistic bets on successful R&D: most of the time your investment goes to zero, but occasionally you’ll get a massive outsized return....
...Among companies that have reported (about 40 per cent of the S&P 500), nearly four in five have beat earnings expectations, with an average beat of 7.7 per cent, compared with a one-year average of 4.4 per...
...Lending standards also tend to be more exacting, while companies backed by private credit “are still dealing with the same macro environment that everybody else is”, notes S&P’s Kraemer....
...He tells me the UK government’s R&D budget is approaching £20bn a year, and that private-sector R&D now exceeds public money roughly threefold....
...That’s another acronym, S-O-F-R. And what does that stand for? Harriet Clarfelt It stands for the Secured Overnight Financing Rate. More acronyms for you....
...Monet supported the disgraced Jewish captain against the rage of his antisemitic friends Renoir and Degas....
...“Even if you added in the 18 per cent returns accrued from the dividends you would have earned, you would still have lagged 30 per cent behind investors in the S&P 500,” Harnett said....
...Yeah, G-O-U-L-D. I didn’t know terribly much about this guy....
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