Hints and tips:
...Washington D.C., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false...
...Typically, these are to either a) pay cash coupons; b) toggle to ‘pay’ bondholders with more debt claims, albeit with some additional penalty (even more debt claims); c) to PIK for a while then switch to...
...I’d want to see comparisons of leadership today to financial performance a decade hence. A single financial measure is not nearly enough, and operating margins are a particularly bad choice....
...] (2) Citi’s financials over three years should refute two big concerns—efficiency and capital....
...Class B and D stock, which is nearly all owned by Refinitiv and its affiliates, receives 10 votes per share....
...But from a risk-return point of view, is credit risk attractive right now? Rieder: I’d say it’s a B-. But it’s not a C. Why are you getting these sorts of yields in credit today?...
...The audit firm also drops in the f-word pretty quickly and concludes that there is an unacceptable risk of material fraud....
...As ratings drop to C and D, the risk of default rises accordingly Developing nations with bad borrowing records may fall into these buckets....
...Junk [in particular triple-Cs] is where I’m a little more concerned. I’d avoid most of those. I can see the economy slowing down and you see a rise in defaults....
...So-called growth-stage deals were equally expensive, with Series C valuations jumping 141 per cent over 2019 to $273mn, while Series D valuations soared 116 per cent to $636.8mn....
...So long as the stalemate persists, there are only three things that can happen that will matter to investors: (a) Russian nuclear escalation, (b) the end of western support for Ukraine, or (c) Russian regime...
...“There are other groups out there assessing geopolitical risks but no one is combining that with financial analysis the way we can,” Peter Orszag, Lazard’s chief executive of financial advisory and a former...
...The funds have primarily purchased Berkshire’s class B stock, which carries fractional economic and voting rights compared with A shares....
...Suncor produced 743,000 barrels of oil a day last year, about 15 per cent of the 4.7mn b/d produced in Canada, which is by far the US’s biggest source of foreign oil....
...(See Edgar Heermance’s Codes of Ethics: A Handbook published in 1924 or William C Frederick’s Corporation, Be Good! from 2006)....
...Or at least the Cigna C-suite....
...Four eastern Canadian offshore projects produced about 260,000 b/d in 2019, according to the Canadian Association of Petroleum Producers....
...s lawyers have said that: a) he is not, and never has been, a nominee of Mr Kulibayev b) he has no knowledge of, nor involvement in, the scheme described in this article, nor any similar scheme c) he...
...“We’d be performing and looking at the bag . . . I was in two different shows where the bag burst, and it was f**king vile.” What UCB lacked in hygiene, it made up for in creativity....
...Indeed, one local hotelier estimates that over half of his guests, a mix of financial advisers, consultants and clients from pension funds, come because of the investment group, which is based in the nearby...
...about the value of management consultants....
...Pearson anticipates a c£30m per month EBITA impact pre cost saves in Assessment plus a potential c£30m EBITA hit in US Student Assessment....
...I am buying triple-C credit in the high-yield junk bond market, triple-A CLOs (collateralised loan obligations) and triple-B corporate bonds. “An inflation breakout would worry me....
...on innovation and building deeper relationships; (c) the strength of its partnerships with global tech leaders / their importance as a source of competitive advantage and; (d) the positive impact of sustained...
...b) It's just like people literally don't have the money to buy private jets. c) It's got nothing to do with desire. d) They just don't have enough money in their bank account....
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