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...Jefferies analyst David Hayes, who estimated the total liability at between $2.5 and $7.5bn, argued that Reckitt should seek settlement soon....
...It feels more like these three very idiosyncratic businesses are doing well or not for idiosyncratic reasons,” said Robin Zhu, games analyst at Bernstein....
...Bristol’s Colston Hall was one of the UK’s most important music venues, hosting everyone from The Beatles and David Bowie to Bobs Dylan and Marley to Rachmaninov and Rubinstein....
...I worry it slides into wishful thinking,” said Bernstein’s Zhu....
...“Now that the market knows the Redstone family is open for business, the list of potential buyers could expand,” says Bernstein’s Yoon....
...David Zaslav, CEO of Warner Bros Discovery, said the venture “exemplifies our ability as an industry to drive innovation and provide consumers with more choice, enjoyment and value”....
...at $43bn at the end of September, or 4.1 times its earnings before interest, tax, depreciation and amortisation, while Paramount had $14bn in net debt, or 6.1 times its ebitda, according to analysts at Bernstein...
...“This business is not without its challenges,” David Zaslav, Warner chief executive, said last week....
...The blockages have the potential to ripple back into the North American rail network, threatening backups that could require some goods to be destroyed, said Bernstein analyst David Vernon....
...A 14-part adaptation of David Nicholls’ rabid bestseller, first published in 2009, it follows a will-they-won’t-they-ever-get-their-rocks-off friendship over decades via an annual check-in — the perfect...
...Oswald Clint, analyst at Bernstein, said Gordon Birrell — head of production and operations — and Emma Delaney — head of customer and products — would also be in the race, emphasising all the main internal...
...“Paramount’s current position is untenable,” says Bernstein analyst Laurent Yoon....
...david.sheppard@ft.com Letter in response to this article: Energy trading is opaque — and that suits Big Oil / From Ayman Rahman, Chief Executive and Founder, Dare, London EC3, UK...
...Additional reporting by David Sheppard in London...
...Bernstein analyst Trevor Stirling said consumers were likely trading down to a more affordable label in the LVMH stable....
...It’s not quite a cradle-to-grave telling but spans several periods of the Bernstein biography, the visual tone adapted to match each era....
...Bernstein, the US investment bank, last month predicted bitcoin could more than treble in value to $150,000 by 2025....
...Bernstein offers some products based on alternative asset classes, where the details can be very complex....
...As the late financial historian Peter Bernstein later recounted to PBS: This had never happened in history. It was a really unique experience....
...In my view, the greatest artists — such as Lars von Trier, David Lynch or Jane Campion — create works that sit on the precipice of triumph or total fail....
...But Bernstein adds that “purchasing power has gone up” because the job market has remained strong while inflation has eased....
...David Calhoun, chief executive of Boeing, warned on Friday that progress on fixing the industry supply chain problems had been “frustratingly slow”....
...William Woods, an analyst at Bernstein, is sceptical of its growth prospects in 2024, saying the consensus among analysts was “too aggressive”....
...Eventually you wish you were following the money with Woodward and Bernstein rather than scrambling around with Hunt and Liddy....
...January Art ‘Neo Rauch: Field Signs’, David Zwirner An exhibition of new paintings by the German artist....
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