Hints and tips:
...In the US, at least, mom-and-pop investors and advisers build portfolios with the categories used by Morningstar et al....
...al, with just $9bn on legacy oil and gas....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...); (v) the EU taxonomy; and (vi) a possible carbon border tax....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Providers (ie Spotify, Apple et al), which improves SONG’s negotiating position. . . . . uh, great?...
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...We concede the end FY20 outcome must depend heavily on future working capital management.... We figure the share price sees a threat to Rolls-Royce’s existence....
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...The mitigating options include holding back capex ($160-170M slated for $2020), theatre staff reductions, working capital management, etc....
...L, until the final CMA decision, expected on 11 May....
...What happens further down the P&L is largely a question of capital structure, but it appears most will be either loss-making or make only marginal PBT....
...Wednesday’s development in the NMC vs Muddy Waters et al saga saw Krupa Global Investments, a Czech activist fund, say apropos of nothing that it holds positions equivalent to just over 0.4 per cent of the...
...Chaired by the Gulf federation’s national security adviser, Sheikh Tahnoon bin Zayed al-Nahyan, the investment and management firm has made only modest acquisitions in sectors such as cinema, brokerage and...
...Group Ostrum Asset Management P+ (DIP/JOEP) Pædagogernes Pension PGGM PKA Rabobank Pension Fund Robeco RobecoSAM Sarasin & Partners LLP Schroders SKY Harbor Capital Management, LLC Southwark...
...Sarissa Capital Management has hired Eric Vincent as president....
...This was disproved by the trial of US v Zarrab et al, in which a Turkish banker and a gold trader were convicted of laundering Iranian oil and gas revenues....
...The biggest activist fight — Nelson Peltz v Procter & Gamble — was only recently settled, two months after a shareholder vote....
...The advisors to Caesars Entertainment and its affiliates included Centerview Partners, Duff & Phelps, Evercore Partners, Lazard Freres & Co., Perella Weinberg Partners L.P., Paul, Weiss, Rifkind, Wharton...
...“We doubt that the replacement of Ali al-Naimi will lead to a drastic change in the Kingdom’s oil strategy,” said Jason Tuvey at Capital Economics....
...Funds may have sold out of Valeant, Apple et al before the rot set in....
...Maybe we will discover that many managers were smart enough to sell out of Apple, Valeant, Williams et al before their shares tanked....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
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