Hints and tips:
...I said this to the staff of the SEC and to Gensler, which is you think that Schwab, Fidelity, Vanguard, Morgan Stanley, E-TRADE, they need to be told where to send their retail orders, like they don’t have...
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
...In December, fewer than 80,000 e-scooters were sold....
...“[W]e believe the same approach we applied in those first 20 years — with improvements and additional perspective from new battle scars — will recover losses and generate the long-term, superior performance...
...He describes Publicis as “shifting from a holding company to a tech platform”, which will “radically change” how it operates its advertising business....
...Most of the company’s international entities, and a TV joint venture with broadcaster A&E, are not part of the Chapter 11 filing....
...The Chinese ecommerce behemoth’s shares had been hammered by Beijing’s crackdown on tech, leaving SoftBank to sell most of its holding at prices on a par with where Alibaba opened for trading in New York...
...Tiger investment teams in the US and Asia met at a frenetic pace since February as they decided to slash holdings in pandemic beneficiaries like videoconferencing start-up Zoom, e-signature specialist DocuSign...
...But Ozy’s claims to have racked up 50m readers and to have partnerships with YouTube and cable channel A&E were also dubious. Former insiders called the company a “Potemkin village”....
...However, Baupost recently told investors it had deployed about $1.5bn in the three weeks from the end of February to mid-March, lowering its cash holding from about 31 per cent of its assets at the start...
...Yet its largest shareholder Freenet is still holding out. Swantee only needs 50 per cent of the vote to get the deal through and has trumpeted the support of proxy adviser Ethos....
...Related links:Digital Asset Holdings’ pivot raises doubt over blockchain future - FTMore trouble in blockchain-land - FT Alphaville...
...Lex questions whether the Alphabet holding company is still necessary, as it had been largely designed to allow the founders to step back from day-to-day management....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...“Whatever you owned in Industrial Heat LLC when it was the parent, you owned the same amount pro rata in IH Holdings International Limited when that was formed,” said the executive, John Vaughn....
APG appoints Ronald Wuijster as chief of its €475bn asset management division
...Go-Jek investors to date include Singapore’s Temasek Holdings, KKR and Sequioa. The company provides ride-hailing, food delivery and e-payment services....
...We’re setting up this e-suite office to be able to communicate and work with them better,” Google said....
...Harrods, founded in 1834 and bought by Qatar Holding in 2010 for £1.5bn, last month announced a £200m renovation of its Knightsbridge store....
...While some remain on the more aggressive side, many stress that they are holding positions for longer and not clamouring for share buybacks or quick sales, but rather urging changes they claim will help...
...Andre Soelistyo, Go-Jek’s president, said that while online retail had opened up the e-payments market in China, in Indonesia it was ride-hailing services that were the point of entry for many people....
...Equities were broadly higher in Asia as commodities prices bolstered stocks in Sydney and Hong Kong’s benchmark got a boost from Tencent, which climbed on the final pricing of its e-books spin off....
...On the heels of e-commerce giant Amazon’s purchase of upscale grocer Whole Foods, US grocery retailer Albertsons is adding meal-kit company Plated to its menu....
...Corporate earnings reports out today include NWS Holdings, Goldin Financial, and Esprit....
...Third Point did not say how big of a holding it has in BlackRock....
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