Hints and tips:
...suffered by the S&P 500 index....
...Blackstone’s hefty dividend payments also helped Gray receive a nine- figure income in 2023....
...Michael Robinson, executive director at the Society for the Protection of Unborn Children, said the “abortion industry” was “using this case to push for abortion up to birth”....
...As a result, financially squeezed consumers bought fewer items from P&G and the company’s sales volumes dropped 3 per cent in the three months to the end of March....
...Schulten said P&G’s “consumer markets remained relatively resilient” globally....
...SELL: Hotel Chocolat (HOTC) Cost base efficiencies are yet to have a pronounced impact at the chocolate retailer, writes Mark Robinson....
...P&G’s sales volumes declined 3 per cent in the period, but the higher prices allowed the it to produce net sales of $20.1bn in the quarter, an increase of 4 per cent from the same period a year ago....
...The average pay of an S&P 500 boss hit $18.3mn in 2021, nearly four times more than that of a FTSE 100 chief at £4.26mn, while median pay stood at $14.5mn versus £3.4mn, according to the High Pay Centre...
...The benchmark S&P 500 index is up 13.6 per cent this year....
...Join speakers including Jake Sullivan, Gucci Westman, Jancis Robinson and Venki Ramakrishnan. FirstFT readers can claim a 10 per cent discount by registering today. Five more top stories 1....
...Most large consumer packaged goods groups, including P&G, are still operating on tighter margins than they were before the pandemic....
...P&G, the world’s largest maker of household goods, lifted profit margins for the first time in two years after it pushed up prices for consumers at a faster pace than the rise in its own expenses....
...(I’m not saying you should add it to your wine cellar, but as an option for a large party it’s very good. Equally, for better Pinot Noir options, here’s Jancis Robinson.)...
...And KBW said last week that the firm may soon be added to the S&P 500 if Activision disappears from the index should Microsoft acquire the video game maker following a lengthy regulatory review....
...Speakers include Jake Sullivan, Gucci Westman, Jancis Robinson and many more. As a newsletter subscriber, claim 10 per cent off your pass using promo code NewslettersxFestival....
...Over the past five years, it has changed its corporate structure in a push to be included in the S&P 500 index, propelling it to a $130bn market capitalisation that is larger than Goldman Sachs — some analysts...
...“We have the largest market capitalisation of any company in the US not in the S&P 500,” Blackstone president Jon Gray said in an interview with the FT last week....
...Gray even set up a LinkedIn profile that is now followed by almost 25,000 people and read by considerably more. Gray was upbeat when he spoke to Antoine last week....
...And so right-to-work laws are seen as a barometer of a state’s friendliness to employers. And Gregg Robinson, who we heard from earlier, said that this is a key priority....
...Meanwhile, the S&P 500 posted a total return of 17 per cent in the first half of this year and the US Federal Reserve funds rate, a proxy for risk-free returns for investors, is 5.25 per cent....
...The benchmark S&P 500 and the tech-heavy Nasdaq Composite each inched 0.1 per cent higher on Friday....
...Women were outnumbered five to one in the 533 most senior leadership positions in S&P 100 businesses in 2023, with only 17 black women on that list, according to USA Today in March....
...Jancis Robinson is away Follow @FTMag to find out about our latest stories first...
...The company argues it has the right of first refusal to review or match the terms of the Suns’ new deal with Gray Television and video tech group Kiswe....
...In “Global Aging 2023”, a sequel to 2016’s better-titled “Global Aging 2016: 58 Shades of Gray” (really), the rating agency has taken a broad look at what the oncoming proliferation of agèd flesh and crow...
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