Hints and tips:
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...The Bank of Mexico’s lowering of interest rates last week was the 800th rate cut around the world since the collapse of Lehman Brothers, according to Bank of America....
...s decision to settle eight sexual harassment lawsuits with company funds, and to take no disciplinary action against the CEO, were “routine business decisions in the interest of the corporation”....
...The Big Three are on course to control 40 per cent of the votes in American corporations in a couple of decades....
...“We just don’t know whether this is the beginning of something bigger or a temporary correction.”...
...Asia to favour corporations.”...
...But it won’t be a crisis, just a correction.”...
...Qubits v bytes: how quantum computing works Quantum computing taps into the quirky behaviour of sub-atomic particles, which bend our normal understanding of physics....
...“Paul Ryan deleted his embarrassing tweet of a blatant admission because he and Republicans don’t want you to know the truth: the #GOPTaxScam is a gift to corporate America and the top 1% at your expense...
...This points to a troubling future for America’s tech heartland....
...Similarly, Corrections Corporation of America last year switched to CoreCivic, a name that, like Axon, means very little corporately. At least CoreCivic’s move made political sense....
...Neither Geo Corp nor Corrections Corporation of America have quite regained their levels from before the DoJ decision, but their valuations are close to where they were....
...Addressing the UN on Tuesday, Mr Obama called for a “course correction” in the march to global integration....
...That’s the rebranded name of Corrections Corporation of America, the private prison operator. GEO Group, the company at the bottom of the list above, is in the same business....
...(The Atlantic) London skyline 1616 v 2016 Juxtaposed images sketched 400 years apart show the change in the city’s skyline from the banks of the Thames. (The Guardian)...
...Producer: So I’ve optioned a real-life David v Goliath struggle from London, England, where an Average Joe stock analyst is battling Citi over the fate of mines and trading empire Glencore....
...GEO Group and the Corrections Corporation of America — the two big owners of for-profit prisons in the US — are New York-listed companies with market capitalisations of $2.6bn and $4bn, respectively....
...The net internal rate of return for investors who wrote cheques for TPG V over the period is 5 per cent, while the gross multiple on invested capital is negative as of June 30....
...David Hauner, strategist at Bank of America Merrill Lynch, predicts a lengthy market correction. “It is very clear that this isn’t the end of the carry trade for ever but it is a correction,” he said....
...That is Act V, and we are not there yet. For now we are still very definitely in the age of hydrocarbons....
...Mr Pritzker sits at a choice table in the wood-panelled Back Room restaurant and greets staff as if Hyatt were still a family business rather than a listed corporation....
...Moelis has been active in the run-up to its IPO, advising Laclede on its $1.6bn takeover of the Alabama Gas Corporation, and Classified Ventures on its sale of Apartments.com for $585m....
...Some areas of the corporate bond market are looking particularly richly priced and may be vulnerable to a correction....
...In at least one case, SEC v....
...“Just as when QE1 and QE2 ended there will be a correction,” says a portfolio manager at one big global macro fund....
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