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...Former Expedia chief financial officer Eric Hart will join the 10-year-old company a year after leaving the travel group....
...Media groups have been left reeling in recent years after the large tech groups they rely on to deliver their news and content have made it more difficult to make money....
CEO projects share of sales will double as companies integrate technology into operations
...Private capital groups have also planned large investments into utilities as part of efforts to transition power companies to lower-carbon energy production....
...Travel planning group Expedia said its margins in the current quarter are being pressured because of the grounding of the Boeing 737 Max 9....
...Shares of travel groups slid on Friday after Expedia signalled a quieting post-pandemic trip boom in the sector....
...group....
...Khosrowshahi was hired in 2017 from Expedia, where he was once the best-paid chief executive in the S&P 500....
...Last week, shares in travel group Expedia plunged after it forecast soft growth in sales and bookings in the current quarter as the post-pandemic boom wanes....
...Two more stocks of interest We have already written about three of our entries in the FT’s 2024 stock picking competition: Everest Group, Cigna and Dollar Tree....
...He was replaced by Khosrowshahi, a former chief executive of Expedia, in 2017 with a mission to avoid heated conflict with regulators, cut costs and prioritise profitability....
...Vaccine hopes and demand for medical treatments also buoyed pharmaceutical groups such as Moderna and Pfizer in 2020, as well as lesser-known Chinese groups, including WuXi Biologics, Chongqing Zhifei Biological...
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...Travel groups Expedia and Booking Holdings said there was strong demand for accommodations in the first three months of 2023, with both companies notching record sales figures....
...So that’s Expedia. Robert ArmstrongI like it. My next pick was Everest Group, which is a reinsurer. So they are an insurance company for insurance companies....
...The group estimated the rule would cost airlines $33bn over 10 years....
...They pointed out, approvingly, that the group managed to track the index while holding a large cash reserve. But holding cash for cash’s sake does not earn companies a gold star....
...The partnership strengthens Sanofi, one of the world’s largest vaccine makers by sales, in the post-pandemic Covid jab market, where pharmaceutical groups are increasingly focused on combined shots against...
...The legislation, which was supported by a coalition of app developers including Tinder owner Match Group, Spotify and Epic Games, was the first of its kind in the world....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Skydance’s two-step deal is backed by private equity groups RedBird and KKR....
...In a sign of improving investor sentiment towards Chinese-linked stocks, the Hangzhou-based premium car brand, carved out of China’s privately held Geely group, raised $441mn in New York from the sale of...
...Today, BHE is the largest owner of wind generation among regulated utilities in the US, giving the group a significant renewable energy business....
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