Hints and tips:
...People familiar with the activist’s strategy said Cevian was not seeking a board seat at UBS and supported current chair Colm Kelleher and chief executive Sergio Ermotti....
...Denis Redonnet, chief enforcement officer of the commission, said: “Russia is adapting its war economy . . . to imports of lower-quality items, cannibalising lower-end technology.”...
...NBIM, which was already a top-10 UBS shareholder, has overtaken US investors Dodge & Cox and BlackRock to become the largest investor, according to S&P Capital IQ....
...This has made pre-tax profits of about $1.7bn annually since 2020, according to S&P Global....
...So far this year, the S&P banks index is down about 12 per cent, while the benchmark S&P 500 has risen more than 13 per cent. An index of regional back stocks has lost almost a quarter of its value....
...So far the double act of chair Colm Kelleher and chief executive Sergio Ermotti has managed all three issues well. UBS plans to absorb the Swiss bank....
...The S&P 500 has added 2.5 per cent since Monday, helped by hopes that weaker data will hasten interest rate cuts....
...Sure, you might only be able to eat a gilda, or Iberico ham over crisps, but hard-to-find treasures such as Valentini’s saline Trebbiano d’Abruzzo and Cécile Tremblay’s masterful Morey-Saint-Denis Tres Girard...
...The S&P 500 was effectively unchanged....
...Last month, CME Group began offering so-called event contracts to retail investors, so they can bet on the daily up or down price moves on the S&P 500 stock index, gold or crude oil....
...Yet Dennis Kelleher, chief executive of Better Markets, a Washington-based financial reform group, said the contracts were more likely to harm retail traders....
...Nonetheless, Ramki Muthukrishnan, head of leveraged finance at S&P, said there was cause for concern over a longer time horizon....
...The job went to Denis Redonnet, a longtime official from France. He published his first progress report last week. Redonnet has a bulging tool box to force compliance....
...I saw no face masks in the vineyards of Morey-Saint-Denis, where I was based, but pickers were expected to wear them when being transported to and from the vines....
...president Colm Kelleher as chairman of the German lender to replace incumbent Paul Achleitner....
...Russian gold producer Petropavlovsk has hired Denis Alexandrov, who resigned from its competitor Highland Gold last week, as its new chief executive. More here....
...“Here we are, déjà vu all over again,” said Dennis Kelleher, head of Better Markets, a consumer advocacy group....
...“With CRC it’s a bit different,” said Denis Rudnev at S&P Global. “This is the hand they were dealt as a result of the spin-off. Other companies have been poorly managed or overleveraged generally.”...
...Since long-term US interest rates began to fall in November, the KBW index of US bank shares has fallen 5 per cent, while the S&P 500 has risen 6 per cent....
...In a management reshuffle, Mr Saikawa replaced José Muñoz as the head of its North American operation, with Denis Le Vot, a Renault executive....
...Since Mr Trump took office, the S&P 500 benchmark index of stocks has risen about 9 per cent, though it has dropped sharply in the past three months....
...On Monday morning, he posted a winking emoji along with a link to “O.P.P”, the 1991 song by hip-hop group Naughty by Nature....
...Patrick Jenkins puts the question to Ben McLannahan, the FT's US banking editor, and Denis Kelleher of the Better Markets think tank. Music: Kevin MacLeod...
...“I think they originate cr*p,” Mr Mangione said in one call, according to the complaint. Follow David J Lynch on Twitter: @davidjlynch...
...The fund manager’s stock is down about 16 per cent over three years compared to the S&P 500’s 28 per cent gain over the same period....
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