Hints and tips:
...In last night from the SEC: The Securities and Exchange Commission today [Thursday] announced that Skechers U.S.A....
...It’s a good primer on the thinking within the industry as it heads to the CERAWeek conference next week. We’ll be there, so please drop me a line: amanda.chu@ft.com....
...The lull in EV sales is having a damaging impact on the auto industry....
...Despite a heavy liabilities load, the cruise industry sails surprisingly smoothly. Improving cash flow enables the industry to pay down its debt....
...Industry experts predict a long contest for dominance as both groups seek out new investors in turbulent markets....
...“It holds a lot of weight when we calculate loan-to-value, or our measure of leverage,” said Jennifer Panger, the lead S&P analyst covering Icahn Enterprises....
...But the board, under heavy pressure from hedge funds, went for broke by taking a premium bid from JetBlue hoping against hope that it could push a deal past the US Department of Justice and eventually the...
...The industry looks to be firming up. That Uber is profitable in cash terms is a big deal. That does not, however, resolve the question of whether it is just a big taxi company. Yes, it generates cash....
...The launch of TGL, a new virtual golf league led by Tiger Woods and Rory McIlroy has been pushed back by 12 months after heavy rain caused severe damage to a new purpose-built arena in Florida....
...The price has been pushed up by F1’s booming popularity in the US, and also the sport’s new spending caps that have put a lid on costs....
...BHP, Rio Tinto, Glencore, Anglo American and Vale have an average price to forward earnings ratio of 8.5 times versus 18.5 for the S&P 500, according to S&P Capital IQ and Refinitiv....
...But it is also saddled with declining legacy television assets and a heavy debt load....
...That said, the last time I checked in on the company, a year and a half or so ago, Berkshire was outperforming the S&P by quite a lot, helped by its heavy weighting in energy....
...An investor opposed to the deal, Energy Income Partners, pointed out that this position was a U-turn from a bullish management outlook offered as recently as 2022....
...[but] the royalty rate has become untethered from the underlying value,” explains Kent Baker, who has been on both sides of the debate, first at Qualcomm and now at u-blox....
...The S&P 500 is often used as the default comparison because of its ubiquity, but, in reality, it’s a poor benchmark for private equity returns given how top-heavy it is....
...heavy dependence on coal, industry leaders said....
...s=46&t=uS_p1jt3N5TYYYWqkDeEiw Also 15 November 2022: “Bnk To The Future (the ‘Company’) announces that its previously announced non-binding letter of intent with SALT Blockchain, Inc....
...This is just a speck relative to the money management industry, but it is not quite nothing....
...A former investment banker himself, Cohan’s answer naturally involves M&A that would shake up not just banking but the whole fund industry....
...But the real focus is on marine transport and heavy industry....
...The findings add to mounting evidence that the war in Ukraine is taking a heavy toll on EU industry....
...challenging year for the industry....
...The broader S&P 500 index rose 2.6 per cent, leading to stock market gains around the world today....
...On GameStop: “A debt-ridden business in a structurally declining industry whose stock exploded overnight mostly on speculation . . . $100 a share is still preposterously expensive.” Ding!...
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