Hints and tips:
...The latest deal will give Argus an enterprise value of roughly $4.6bn, according to two people familiar with the matter....
...An Rmb2tn ($280bn) stock market “stabilisation fund” drawn from the offshore money of state-owned enterprises is reportedly being considered....
...The number of $1bn-plus deals globally this year is on track to be the lowest since 2019, the S&P data shows....
...He now wants to diversify those gains “to create an enterprise equivalent to his energy interests”, according to one of his advisers....
...SCOTUS The Supreme Court will hear oral arguments in the 303 Creative LLC vs Elenis case....
...This morning, FT Alphaville pulled the data from ARK’s website and calculated the weighed average enterprise value-to-forward sales multiple of its portfolio....
...Yet this colossal enterprise is still far from being a household name and was until recently seen as something of a Wall Street outsider, having pioneered an electronic overhaul of trading which has displaced...
...Kagan, part of S&P Market Intelligence, estimates that MSNBC net operating revenue will fall from $1.1bn last year to $940m this year, while Fox News will drop from $3.1bn to $2.8bn....
...Trading was so brisk on Thursday that a volume of shares equivalent to the company’s entire share capital changed hands multiple times, according to data from S&P Global Market Intelligence, at values that...
...Despite the deepest economic downturn since the Great Depression, the S&P 500 index is up 6.5 per cent this year....
...The overall enterprise value of PWP is just around $1bn, a modest figure for a group that began with immense fanfare in 2006....
...Analysts at credit rating agency S&P Global have been working nonstop, downgrading 121 companies and warning of the prospects of another 176 groups in part due to the global health pandemic....
...Using S&P Global data, RPC trades at an enterprise value of less than seven times its forward ebitda (a cash earnings measure), 30 per cent less than its US competitor Berry....
...The changes are due to be implemented in the S&P Dow Jones family of indices, both in emerging markets and the likes of the S&P 500 in the US, at the start of trade on September 24 and in the MSCI indices...
...Roughly 40 of the 2,800 NYSE-listed companies, including P&G, Home Depot and Mastercard, have done as the NYSE asked....
...With the current price-to-earnings ratio of the S&P 500 at 24 times, one might be forgiven for calling Google cheap....
...At their peak in the 1972, the Nifty Fifty traded at 41.9 times earnings, more than double the S&P's then average of 18.9, according to Siegel....
...S&P is back in the non-prime market, three years after paying $1.4bn to settle allegations it issued overly rosy ratings on MBS in the run-up to the crisis, in order to win more business....
...The Hang Seng China Enterprises index of Hong Kong-listed Chinese companies slipped 0.3 per cent. The CSI 300 of Shenzhen and Shanghai companies was 0.1 per cent higher....
...The Hang Seng China Enterprises index of Hong Kong-listed Chinese stocks was 1.6 per cent higher....
...The Hang Seng China Enterprises index, composed of large-cap Hong Kong-listed Chinese companies, continued its winning streak with a rise of 1.4 per cent in early trading, buoyed by banks and property developers...
...Japan’s Topix index was up 0.5 per cent while Australia’s S&P/ASX 200 fell 0.5 per cent. Futures tip the FTSE 100 to open 0.2 per cent higher while the S&P 500 is set to rise 0.3 per cent....
...In Tokyo, the Topix was down 0.1 per cent while Sydney’s S&P/ASX index was up 0.4 per cent with all market segments lifting....
...In markets, Hong Kong’s Hang Seng index was up 0.3 per cent and the Hang Seng China Enterprises index of large-cap Chinese stocks rose 0.5 per cent....
...Hong Kong’s Hang Seng index was up 0.6 per cent with the China Enterprises index 1.1 per cent higher on gains from insurance companies. Sydney’s S&P/ASX 200 was up 0.5 per cent....
International Edition