Hints and tips:
...Yesterday, a team led by DD’s Eric Platt published its findings after reconstructing the portfolios itself, trawling through almost everything Buffett has written or said on his investments over the past...
...It might seem like a kick in the teeth for Eric Swider, the new CEO of the Spac, who got the deal over the line....
...Eric Platt, along with worthy collaborators Eva Xiao, Patrick Mathurin, Ian Smith and Myles McCormick, have produced a tremendous series about the future of Berkshire Hathaway without Warren Buffett....
...In the second part of a series diving into what Berkshire Hathaway will look like when Warren Buffett is no longer leading the group, DD’s Eric Platt and the FT’s Ian Smith ask what is for some an equally...
...Smith report....
...Eric Andersen, president at New York-listed broker Aon, says the relationship “is breaking down more and more”....
...The company subsequently grew by acquiring other companies and counts Platts, part of credit rating company S&P, among its competitors....
...Market breadth, as measured by the number of S&P 500 stocks trading above their 300-day average, has broken above its long-term average. Small caps have outperformed large caps in the rally....
...On Friday, DD’s Eric Platt reported that KKR was following in their footsteps, starting conversations with lenders including Blue Owl Capital over a refinancing of its veterinary clinic and hospital chain...
...’s Eric Platt found....
...“I think the Fed is very happy with the set-up that they have right now,” said Eric Winograd, director of developed market economic research at AllianceBernstein. “They have maximum flexibility.”...
...Special thanks to Eric and the staff at Blue Note, New York Lilah Raptopoulos interviews Samara Joy in the next episode of the FT Weekend podcast Life and Art, which she hosts....
...(DD notes that the billionaire is incorrect on at least one fact — KKR is a minority shareholder.) Axel Springer looks like a classic private equity windfall....
...CNN’s Amy Entelis, Virginia Moseley, Eric Sherling will help run things until a replacement is found....
...And another thing: Our friends at FT Due Diligence are holding their flagship annual event, DD Live, tomorrow at London’s Biltmore Mayfair. It features some of the biggest names in global finance....
...Meanwhile, the S&P 500 posted a total return of 17 per cent in the first half of this year and the US Federal Reserve funds rate, a proxy for risk-free returns for investors, is 5.25 per cent....
...The S&P 500 stock index closed 1.4 per cent lower on Wednesday....
...“Silicon Valley Bank and Credit Suisse hit just when we were catching a bid, slowing us down,” Chris Blum, the head of corporate finance at BNP Paribas, told DD’s Eric Platt....
...Judge Arthur Engoron has already found that the former president and his adult sons, Donald Jr and Eric, inflated their wealth by as much as $2.2bn in order to secure loans for their family business on advantageous...
...The haul comes as its rivals suffered steep profit and revenue drops in the absence of 2021’s rich pipeline of deals, reports the FT’s Kate Beioley....
...“There are some signs of gradual weakening of labour demand,” said Eric Winograd, an economist at AllianceBernstein....
...DD’s Robert Smith explains how the deal ended up costing them hundreds of millions of pounds....
...S&P Global’s US composite purchasing managers’ index was the trigger for the sell-off....
...’s Will Louch and Robert Smith....
...The benchmark S&P 500 fell 1 per cent, while the tech-heavy Nasdaq fell 1.6 per cent....
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