Hints and tips:
...At lunch as in business, Nelson Peltz makes his preferences known....
...Once it has broken its dry spell, the S&P tends to rise an average of 14 per cent in the subsequent year, he said....
...London’s unfancied FTSE 100 index, which rose just 3.8 per cent this year against a 24 per cent jump in Wall Street’s S&P 500, was also home to high-street mainstay Marks and Spencer, which took the third...
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...Disney shares are up about 6 per cent this year, underperforming the broader S&P 500, which has gained about 24 per cent....
...The benchmark S&P 500 dropped 0.6 per cent on Friday, with 54 per cent of stocks falling, and tech the worst performer....
...The domestic stock market index, the ASE, is up almost 40 per cent over the past year, outperforming the S&P 500....
...P.S. And no, no frozen horse in this one (Michelle Mone’s horse may be barred from Grand National — The Times)...
...He worked there from October 2018, and headed the firm’s S&P 500 options desk until his move to Millennium in February. Spottiswood worked for Jane Street from August 2020 to February....
...Brett Nelson, head of tactical allocation for Goldman Sachs Private Wealth Management, said it would have been unsustainable for the market rally to continue at the same pace after the S&P 500 ended 2023...
...Shares have fallen 8 per cent over the past five years, compared with a 7 per cent rise in the benchmark S&P 500 Consumer Staples over the same period....
...US housebuilder Smith Douglas kicked off this year’s IPO efforts stateside this month; its shares are still about 15 per cent above the listing price....
...Jared Halpern, of Douglas Elliman in New York, has been telling customers that if they take out a mortgage now, they can refinance when rates are lower....
...UK business activity was better than expected in April, according to new S&P Global PMI data, expanding at the fastest rate since May....
...Nelson Peltz’s Trian Partners officially launched an activist campaign against Disney in January, nominating Peltz for a board seat....
...Congratulations to Disney’s Bob Iger, who won a shareholder vote against the activist Nelson Peltz yesterday....
...Data visualisation by Ray Douglas...
...Take P. Todd Noe, Microsoft’s director of nuclear and energy innovation....
...Enter stage right, Douglas Wigdor, a lawyer who measured in dollars is the undisputed legal leader of the #MeToo movement....
...[MUSIC PLAYING] Disney and its chief executive, Bob Iger, have scored a major boardroom victory against investor Nelson Peltz....
...But Disney insiders say his experience at those consumer companies such as P&G has no relevance....
...Economic data: S&P Global/Cips final November manufacturing purchasing managers’ index is due for the EU, France, Germany, Italy, Japan, UK and US....
...If the crowdfunding effort is anything to go by, there is huge sympathy for the data detectives Leif Nelson, Joe Simmons and Uri Simonsohn....
...At the start of this week, Nelson Peltz attended the birthday of his daughter Nicola Peltz Beckham in Los Angeles, a star-studded affair in which the activist investor was pictured rubbing shoulders with...
International Edition