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...Bristol Myers Squibb has agreed to buy neuroscience biotech Karuna Therapeutics for $14bn, gaining access to a promising schizophrenia drug....
...Then I use the word “faith”. I think that investing is an act of faith. When you value a company, you have to have faith in your value, and you have the faith that the price will correct to that value....
...“I feel no need for any other faith than my faith in human beings.” She became an early activist for racial equality and cross-cultural understanding....
...Just as Santa cannot possibly visit every home in one night, investors would eventually see that the S&P 500’s cyclically adjusted price/earnings ratio is double its long-run average....
...The head of F1’s governing body told the FT last week it was “damaging the sport”....
...“It’s a business model that’s based more than ever on faith that bitcoin’s price will go up and demand for it will grow.”...
...Only six diversity officers at S&P 500 companies have become named executive officers, according to ISS Corporate Solutions, a data provider. The roles have also faced mounting criticism....
...Many are now snapping up options tied to the S&P that profit if the market keeps on rising....
...He’s how some basic numbers line up with Chevron (numbers from S&P CapitalIQ): Shell has been getting smaller, Chevron larger....
...Its $610bn market capitalisation makes it the ninth biggest company on the S&P 500. It has America’s obesity epidemic to thank....
...S&P’s O’Neill expects miners will look at energy efficiency, especially the economics of renewable energy projects. But that might not be enough....
...High-grade pharma group Bristol Myers Squibb sold $13bn of debt on Wednesday....
...To top it off, the S&P 500 is soaring....
...helped by a few big successes such as insurance group Skyward Specialty, which has risen 125 per cent since listing a year ago, and Rayzebio, which is up 244 per cent, driven by news last month that Bristol Myers...
...Although far from any Sufi shrine, the Eid celebration in an audience of many faiths and none should be overwhelming. Eid in the Square, Trafalgar Square, on April 20, london.gov.uk...
...You’ve got to restore your faith in human nature.” This article was amended to clarify that Amazon does not send goods to landfill in the UK...
...Their current tour is in support of Wall of Eyes, the follow-up album to 2022’s A Light for Attracting Attention....
...It is obviously a leap of faith . . . whether these ambitions can be achieved....
...Manoeuvres such as a big reach, a leap of faith to the next hold or some flourish of fancy footwork all seem a lot easier when you are half a metre off the ground rather than three metres up....
...On Thursday, the S&P 500 reversed a boosterish 0.8 per cent morning gain to close 1.2 per cent lower — its worst day in eight weeks....
...This was well above the 932 per cent growth in the S&P 500 in the same period, and the 465 per cent rise in incomes in the top 0.1 per cent of earners....
...Without them, it jumped just 12 per cent: a tech sector tail has been wagging the S&P 500 dog....
...Despite recent IPOs from the likes of Arm and Birkenstock, the number of listings in 2023 is only about a tenth of 2021’s record....
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...The S&P 500 hit a new record last week, in part down to the rosy economic outlook....
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