Hints and tips:
...We est. that Citi’s market value implies an ROTCE of only about 5-6%, or about half Citi’s target of 11-12% in 2025E-2026E. (c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Alphabet shares extended their decline on Wednesday, ending the day down 9.5 per cent....
...Most of the company’s international entities, and a TV joint venture with broadcaster A&E, are not part of the Chapter 11 filing....
...At least that was certainly my experience in Argentina, where a single $100 note buys you more pesos than two $50 notes or — worse than that — 20 crumpled $5 notes.Argentine friends had been unequivocal...
...August 14, 2023: Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware...
...of between 5 per cent and 20 per cent....
...On Tuesday, he told Techcrunch he preferred companies that made products rather than cryptocurrency and NFT investments, which were “100 per cent based on greater fool theory”. 5....
...Traffic acquisition costs, a metric reflecting how much Google must spend to acquire web hits, jumped 23 per cent to $11.99bn, versus the $11.7bn expected by analysts, according to FactSet....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...It’s all very colourful though. 5) Fern Labs Inc ($1mn for 5 per cent stake) There’s a company called Fern Labs Inc based at 280 Smith St, Farmingdale, NY 11735, United States, roughly in the middle of...
...The Mountain View search giant is therefore buying US specialist Mandiant for $5.4bn cash....
...For example, this newer document lists Geos LLC, a Russian private company headquartered in Novorossiysk, as the seller....
...The company’s shares fell about 5.2 per cent in New York on Monday, wiping almost $1.5bn from its market capitalisation....
...That April 2020 deal also offered investors a chunky 11.5 per cent coupon. This week, Carnival paid exactly half that amount: just 5.75 per cent....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...A judge dismissed the case at a hearing on November 5, finding “no evidence” that the 54 ballots had in fact arrived late. Complaint | Dismissal Name: Donald J. Trump et al v....
...Wall Street had been expecting revenue of $42.8bn and earnings per share of $11.18....
...(FT) Good publicity LVMH boss Bernard Arnault is expanding his empire to include an unexpected addition — a 5 per cent stake in the struggling French conglomerate Lagardère....
...But third parties have documented widespread ratings inflation after the introduction of iOS 11....
...Instead, after-tax profits doubled to $5.2bn, while its revenue surged by 40 per cent....
...The cuts could affect more than 1,000 of WeWork’s roughly 10,000 employees. 5....
...MyTheresa was owned by Neiman Marcus Group Ltd LLC until, almost two years ago, the online retailer was transferred up to a parent company, The Neiman Marcus Group Inc....
...But, in terms of financing the deal, Xerox is a much smaller company — its market cap is only $8bn and HP Inc's is now $30bn, after its shares rose 11 per cent today on the report....
...And now a fifth expect a “V-shaped” economic recovery, up from a 10th in the previous month....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
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